It's good to know there are other crypto exchange/swap sites available where we can trade HIVE. Filipinos don't have any access to Binance anymore thanks to their non-compliance so what else can we do to get the HIVE we've earned from posting here, right?

Because of that, it caused a conversation online and of course on the Hive blockchain too. Local finance apps aren't adding HIVE crypto at all even if we've asked for it for years. So where else and how would we Pinoy users be able to exchange any crypto to PHP?

Due to the issue, months ago somebody suggested I use a trading site where HIVE is listed. Oh joy. Actually I have another swap site I checked out before the Binance hullabaloo but still I haven't used it for HIVE. I will use SimpleSwap next time but for now I will talk about the one suggested to me.

_{Screenshot from the website itself.}

A little bit of background first

I've been using various cryptocurrency trading and exchange sites since 2017. I did a self-study crash course on the blockchain and everything crypto at the time just to be able to understand how to earn on Steemit. Had no clue about crypto before that so I really had to do my own research. 😂

To cut the long story short, of course I'm not a major trader at all. I just use exchanges and wallets to get my crypto "earnings" from "writing sites" like this Hive blockchain (which hardforked off Steemit). And so that's what I thought of doing again last month. No more Binance for us so the next best thing to use were crypto swap sites. This is when I did a test on how to do it on the image of the site you saw above.

From what I know from using other wallets and trading occasionally online, certain blockchain protocols (forgive my lingo as I am not a crypto expert) do not expire. When a request to trade is executed it will never be erased and can still be processed as long as the next step is done. That step is sending the crypto to whichever other wallet address you'd like the traded crypto amount to go.

I've seen that on Metamask and also on another site I can't recall at the moment. Meaning I thought you can just continue that transaction at a later time without any problem because there's no deleting that trade request.

And so that's where I was coming from. Assuming it also applies to other sites, I went ahead and tried to use StealthEX for the first time.

How to Swap HIVE to USDT (ERC20)

Well if you already know what happened to the transaction I did then good job. Haha.

But let me just give you the step by step on how to do a swap on this site until I encountered the error. 😅

1. Once you're on the site homepage, choose which crypto you will send and exchange it to. As you saw in the above image I chose HIVE and USDTERC20.

2. There's also a minimum amount which will be automatically indicated if the value you entered is less than that. So put in more than the minimum amount. For example 100 HIVE.

3. Click Start Exchange button and then you will see this page.
   

   
   

4. You will then see the Confirmation page after you put in the details.
   

   
   

5. Upon clicking the Next button you will see the Exchange page.
   

   
   

Now this is where I stopped because I didn't have the minimum HIVE amount required. Had to wait until I had enough before I put the trade request in.

Lesson Learned

Don't be like me who did the next step after how many days. 😂 If you're gonna use swap sites like this make sure to do all the steps immediately. Send the HIVE as soon as you get to the page on the last step I did above so the transaction will go smoothly. Otherwise it will not be processed nor go through without the help of customer service.

Apparently of course an old initial trade request will not work anymore because of the different exchange rates at different times. Doesn't matter if the initial request will never be deleted on the blockchain, it will not be automatically executed either. Perhaps it depends on the system or site you use, I dunno. Like I said I'm not an IT expert nor a developer/programmer.

Also, if you will send an amount with decimal points, make sure it's only with 3 decimal points because you can't send out any HIVE amount more than that from your HIVE wallet. For example, it must be 99.XXX HIVE or 99.978 HIVE only and not more than that like XX.12345678 or 88.978654321.

The good thing about this problem is, the HIVE was just deposited to the HIVE wallet of the exchange, (@ exchangeme). Definitely I got the refund back from customer service. They are quick enough to respond to any concerns.

However their site is still using hiveblocks.com to check the hash. Unfortunately that site says the node is down (don't know since when) and they will not proactively give you any other site for you to check on the hash. They will ask it for the transaction you have issues with, together with the Exchange ID. (I didn't know where else to check the HIVE blockchain hash and didn't bother to search online.)

What could have been resolved in a few email exchanges took more back and forth than it should before everything was resolved. Oh well. At least I got back my HIVE. That's what matters the most.

Will I use it again? Well sure why not. I can use it or the other one. Don't know which one has the higher/lesser fee or perhaps they're the same. I haven't checked yet. Maybe you can tell me about it? Haha.

How about you, have you used any of the two swap sites before? Or which one do you use except for major exchanges like Binance? Feel free to share your thoughts in the comments.

XOXO,
@artgirl

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_{Spam or irrelevant comments will be downvoted if not revised upon warning.}

Written by @artgirl for Hive
© Art x Stephanie Rue / Lucy Stephanie

_{@artgirl is a freelance writer/blogger/artist, online seller, real estate agent and Manulife financial adviser.}

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