How Swap Transactions Are Done In Hive Engine.

(edited)

Hello everyone, how are you all doing?.

Most of us are new to the Hive blockchain and do not know how to perform transactions. There are so many ways to earn rewards in the blockchain apart from posting and curating content in Hive which many newbies don't know about that, many do not know about pools and how it works.

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The Hive-Engine is a place where so many transactions happens. Tribaldex is the exchange powered by Hive-Engine and is where you can perform various transactions in the blockchain and with other blockchain.

How to make swap transactions.

On the Tribadex you login normally with your active key. In other to swap tokens you will click on the side bar as ticked in the image below.

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After you click the top-right side bar, a menu will appear with a list of options, then you click pools as a shown below.

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When you click on pools you will see different options to choose the kind of transaction, since we are talking about swap you click swap which will then take to where you can swap a token for another.

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As shown the image above you have a drop bar to choose the token you want to swap with. The up bar is to select the token you have while the down bar is to select the token you want to get with the swap.

Screenshot_20220826-042740.png

After clicking the drop bar menu you taken to the list of tokens and you are expected to select the one you have and the one you want to get.

Screenshot_20220826-042729.png

On the image above I choosed to swap BEE to CENT, but *Note if you want to swap tokens you have to check if there's is a liquidity provided for the pairs if not you might not be able to perform the transaction, always look for pairs with enough liquidity.

Screenshot_20220826-042804.png

After selecting the token you want to swap and you have set the amount you are willing to swap for the other token, if you good with the price then hit the swap button then your transaction will be carried out immediately.

Hope this little information has been helpful to you, there are many things to do with Hive-Engine but this was just one of the things you can do with it.

Thanks to the Cent Community for inspiring me to create this post through their contest, you can as well join the contest with this link contest

Thank you.

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