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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: j4y_naKomodo on January 07, 2018, 01:25:11 AM



Title: That moment when a DEX makes your life easier and helps you turn a profit
Post by: j4y_naKomodo on January 07, 2018, 01:25:11 AM
Story time!

So I saw the recent announcement from Hush about their swap. I thought I would use my funnymoney to trade for some, so I logged into my account. Oh, not on Bittrex, that's okay.... CRYPTOPIA? Pass. Okay let's check my BarterDEX test account, see if any is available to trade...

So I downloaded the latest release from Github, installed. I logged into my test account that has a small amount of KMD my electrum address, activate both KMD and HUSH, then hit the exchange. THERE IS (at the time of writing this) about 500,000+ HUSH available on BarterDEX I used the KMD I had available to test a swap (as it had been a while since I tested a version of BarterDEX) and BOOM

Within 5 minutes of installing the program, I made atomic swaps to trade KMD for HUSH

https://i.imgur.com/wCXlU2t.png

No blockchain download. So what now? I traded my funds on Bittrex for KMD at "I-don't-even-care" sats and transferred them immediate to my BarterDEX electrum KMD address. Within another 5 minutes I had moved my funds off a central exchange to trade P2P on a decentralized exchange (and for a better price hint hint hint)...

IT'S HAPPENING