@swap.app: trade Steem <-> Hive with just few clicks (also Steem -> BTC in testing)

in #steem4 months ago (edited)

swap_app.png

@swap.app is a service that allows you to quickly exchange your Steem / Hive tokens with just few clicks. It is still in development so be sure to follow @swap.app to get the latest updates :)
Exchange Rates

@swap.app makes actual trades on the crypto exchanges so it uses market prices to determinate swap ratio and by this how many tokens will be sent to the user. The total fee is 0.7% and this includes all exchange fees and withdrawal fees.

Swap Time

The whole process takes few seconds so it can save you ton of time. No need to wait for deposits, withdrawals, looking for best price etc. It's all automated :)

Currently Supported Pairs:

Hive -> Steem
To trade your Hive to Steem, send Hive to @swap.app with memo: steem
Steem -> Hive
To trade your Steem to Hive, send Steem to @swap.app with memo: hive
Steem -> SBD
To trade your Steem to SBD, send Hive to @swap.app with memo: sbd
**SBD -> Steem **
To trade your SBD to Steem, send Hive to @swap.app with memo: steem

The Steem <-> SBD pair has fee of 0.1% as the exchange is happening on the internal market.

Currently In Testing:

Steem / Hive -> BTC
It is now possible to swap your Steem / Hive directly to BTC, that will be sent to your BTC wallet.

To do this, send Steem / Hive to @swap.app with memo: btc btc_address where btc_address is the address of your BTC wallet. For example:
btc 1CgufLoDKssJM4af2tZPt2iYWFnVdJVhXd

You can encrypt the memo so your BTC address won't be visible to others. To do this, simply add # at the start of your memo, for example:
#btc 1CgufLoDKssJM4af2tZPt2iYWFnVdJVhXd.

You can also use BTC deposit address from crypto-exchange, that you are using.

The swap operation happens on crypto exchanges so the swap uses market prices.

The fee for the operation is 0.7% and withdrawal fee is only 0.0001 BTC - which is really good, as most exchanges take at least 0.0004 - which is 4 times higher! This makes @swap.app very competitive compared to crypto exchanges.

BTC -> Steem
This one is coming soon but first we're gonna need to launch dedicated website, which is also in development :)

Feel free to join @swap.app discord: https://discord.gg/T6dydXy if you have any questions or need support.
See you soon!
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Amigo @swap.app, Excelente post. buena iniciativa. Saludos desde Venezuela lo invito visitar mi blog

Very nice service @swap.app / @cardboard! I have used it several times, without any problems. I think the rates are fair, so overall well done! 👍


As a little assist, there is a typo you may wish to edit:

First sentence: "@swpa.app is a service ..." => "@swap.app is a service ..."

Wow😆! What an opportunity to have exchanges done effectively and swiftly! You deserve every possible assistance.

My best wishes and regards to @swap-app

Interesting development for steemit exchange made more easier 🤑

Stopped by to upvote and reblog the post.

This Is my first steam blockchain interaction since I don't know when :) And the last one for another set of ages.

Good work!

wow! what a great innovations. i will try it out

Wow!, this is splendid! Thanks very much for the great effort.

Very good work 👍🏾 !trdo

Congratulations @kgakakillerg, you successfuly trended the post shared by @swap.app!
@swap.app will receive 0.30244388 TRDO & @kgakakillerg will get 0.20162925 TRDO curation in 3 Days from Post Created Date!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

Hey, this such a move specially on such a moment when the community needs to come together.

Please do let me know if you'd need the services of a junior Python dev, I'd be pleased to plug in.

Excellent initiative, I wish you much success in all this project you are undertaking.

Don't worry if Swap fees seem not competitive. People must understand that beginning an app is not a volunteer job, but an enterprise that a very few people carry out.

Good Luck!

Congratulations @swap.app, your post successfully recieved 0.30244388 TRDO from below listed TRENDO callers:

@kgakakillerg earned : 0.20162925 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

It would be really cool to see rate or amount calculator, that estimates what you will receive for your exact amount of steam in other currencies (BTC, Hive etc.).

Totally forgot this one - you can send 0.001 Steem to @swap.app to get response with current swap ratio for Steem / Hive :) It's gonna be better featured on the website.

Such an awesome app! You are so talented! Thank you!

This will truly be great

@tipu profit for 1000 sp

Yesterday 1000.0 STEEM POWER delegated or invested gave payout of:
0.009 SBD + 0.804 STEEM (0.18 USD), APR: 30.86% .

Delegation link: steemconnect 1000.0 SP delegation to @tipu.

Please note that your profit can be slightly different (depending on the payout time).

Check out https://www.steemprofit.info to compare @tipU with other services.

@tipu profit for 2000 hp

Yesterday 2000.0 STEEM POWER delegated or invested gave payout of:
0.017 SBD + 1.609 STEEM (0.35 USD), APR: 30.86% .

Delegation link: steemconnect 2000.0 SP delegation to @tipu.

Please note that your profit can be slightly different (depending on the payout time).

Check out https://www.steemprofit.info to compare @tipU with other services.

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