Tokens Pegged in Hive engine

in #hive-1679222 years ago

English

In a previous post, I talked about Hive's DEX or decentralized exchange, risks and importance to promote Hive within the crypto world. Today, I want to talk about the linked tokens that are backed by the [Hive Engine] team(https://hive-engine.com/). Example of these tokens are swap.btc, swap.eth, swap.matic, swap.doge, swap.wax and a long etcetera.

Many cryptocurrencies outside the hive network have been linked to the DEX as a form of direct, decentralized exchange. The Hive team has been including these tokens to the DEX progressively, which has generated a higher exchange volume.

These tokens are exchanged on the engine market against the price of Hive (not the USD, nor any stable currency), this can have its advantages and disadvantages, the truth is that the price is directly affected by the price of Hive.

Another important aspect is that Hive Engine has deposit and withdrawal bridges for these cryptocurrencies, which makes it more versatile when moving your coins between wallets.

If you want to know which tokens are listed in Engine, just go to this link and in the search engine type the name of the token, if it is listed, it will appear with the prefix "swap." and then its name, for example "swap.btc", it would be the token linked to the BTC in Engine.

I insist that hive's DEX requires more promotion and education for new users, so that they become familiar and can make the most of its publications, as well as in the use of this tool to exchange their currencies safely. The dissemination of all the information contained in the platform is very important.

Remember that every investment carries a risk and you must make a personal study for each movement you want to make, what is exposed in this publication is not a financial advice and is based on my own experience. If you wish, you can leave your comments on any detail of the text or to complement what is expressed here.

I bid you farewell with a hug.

Español

En una publicación anterior, hablé sobre la DEX de Hive o intercambio descentralizado, riesgos e importancia para promover a Hive dentro del mundo criptográfico. El día de hoy, quiero hablar de los token vinculados que están respaldados por el equipo de Hive Engine. Ejemplo de estos tokens son swap.btc, swap.eth, swap.matic, swap.doge, swap.wax y un largo etcétera.

Muchas criptomonedas ajenas a la red de hive, han sido vinculadas a la DEX como forma de intercambio directo y descentralizado. El equipo de Hive ha estado incluyendo a la DEX estos tokens de manera progresiva, lo cual ha generado un mayor volumen de intercambio.

Estos tokens se intercambian en el mercado de engine contra el precio del Hive (no del USD, ni ninguna moneda estable), esto puede tener sus ventajas y desventajas, lo cierto es el precio se afecta directamente con el precio del Hive.

Otro aspecto importante, es que Hive Engine tiene puentes de deposito y retiro para estas criptomonedas, lo cual lo hace más versátil al momento de mover tus monedas entre billeteras.

Si deseas conocer cuales tokens están listados en Engine, sólo debe dirigirte a este link y en el buscador escribir el nombre del token, si está listado, aparecerá con el prefijo "swap." y a continuación su nombre, por ejemplo "swap.btc", sería el token vinculado al BTC en Engine.

Insisto en que la DEX de hive requiere mayor promoción y educación para los nuevos usuarios, para que se familiaricen y puedan sacar el mayor provecho de sus publicaciones, como también en el uso de esta herramienta para intercambiar sus monedas de forma segura. La difusión de toda la información contenida en la plataforma, es muy importante.

Recuerden que toda inversión conlleva un riesgo y deben hacer un estudio personal para cada movimiento que deseen realizar, lo expuesto en esta publicación no es un consejo de financiero y está basado en mi propia experiencia. Si desean pueden dejar su comentario sobre cualquier detalle del texto o para complementar lo aquí expresado.

Me despido con un abrazo.


Images are my own or screenshots taken by me, unless outside sources are indicated.

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aha investment in BTC is really a smart move when the price is low.

Actually, I am waiting for an interesting rise in the hive.

he hee me too 🤩🤫


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