Bridges/Options available for converting SWAP.HIVE to HIVE or vice versa

Bridges/Options available for converting SWAP.HIVE to HIVE or vice versa

I think today is one of the best times to discuss the option of converting SWAP.HIVE to HIVE or vice versa because I think most of the Hive users are going to convert their Swap.hive to Hive for HPUD. So I already converted my required swap.hive to Hive but there are lot of option available to convert with varying fees, rewards (yes sometime you get rewarded for converting instead of getting charged) and varying liquidity , sometimes the liquidity is almost 0 for swap.hive to Hive conversion in some of the bridges.

1. Leodex.io

One of the oldest and first bridge that reduced the swap fees to .25% when 1% was norm . Use the option of "Deposit" if you want to convert Hive to Swap.Hive or "Withdraw" if you want to do vice versa.

It is advised to check liquidity before executing the transaction, but even if you don't, still fine as the transaction will be refunded.

As understood by the name of the bridge itself, the Leofinance team (@leofinance) is the developer of this bridge.

2. CARTEL.SWAP

My last 2-3 transactions were actually done through CARTEL.SWAP, where I found liquidity to execute my swap.hive to hive transactions. Fees on this bridge varies depending upon number of "CARTEL" token in your Hive-Engine wallet and it is absolutely free if you own 100+ CARTELS.

There is other restriction in this bridge regarding the transaction amount and bridge is not instant (3 minute wait period) but overall a good bridge if you are doing transaction of less than 100 Hive/Swap.Hive.

Oneup/CARTEL team is the developer of its bridge and I think @flauwy should be the point of contact.

3. USWAP.APP

I guess this is the first discounted bridge that do pay for doing the swap, instead of charging if you are providing liquidity to the deficient side (based on their rules.)

Fees are very dynamic and as follows:

First 25% Fill : 0.22% Reward HIVE / SWAP.HIVE
Last 75% Fill : 0.23% Fee HIVE / SWAP.HIVE

Provide Liquidity and Earn Rewards!

You can provide 25% Liquidity on the lower side of the bridge to earn 0.22% instant rewards and free swaps!

@hiveupme/@theguruasia can be contacted for this bridge.

All the above bridges that are discussed above are cheap but many times you will find them having a liquidity crunch (especially swap.hive to Hive conversion). If you have urgency and shell out a little extra in fees then below bridges should be your option.

4. BEE SWAP

The fundamental mechanics for Fees in BEE swap is almost the same as we saw in USWAP but its fee at .45% is a little higher as we were paying up to .25% in the above bridges discussed above.

Unfortunately, looks like Beeswap today ran out of Hive liquidity, but in my past observations, I always find Beeswap having sufficient liquidity.

DCity fame @gerber is the developer for this bridge.

5. Hive Engine

This Bridge is from Exchange itself and comes with whooping fees of .75%.
Since internal transaction in Hive-Engine exchange is free, High deposit and withdrawal fees can be understood, so that the Exchange can generate revenue and profit to keep itself running.

I hope if you do not find liquidity in any of the bridges, you should find it here as I am not expecting the exchange itself is out of funds and liquidity.

So which of the bridges, you are using from these or do you have some other favorite bridge that is not listed here?

Feel free to share your thoughts and definite upvote and reblogs are also welcome.

Posted Using LeoFinance Alpha