best way to exchange token to eth

[asdlolciterquit]

Hi everyone,
i have on my trezor these two tokens: xyo and chsb.

Which is the best/safest way to do that?
I've found this --> https://simpleswap.io/crypto-to-crypto/xyo-eth

is it safe?

Thank you!

[Bitcoin_Arena]

As far as I know. They are legit. They have been around the forum since 2018.

Here is their ANN: https://bitcointalk.org/index.php?topic=4187686
Here is their Forum Profile: https://bitcointalk.org/index.php?action=profile;u=2056315

Before using them, I suggest you first read their Terms of service to avoid any inconveniences which may arise
1. https://simpleswap.io/terms-of-service
2. https://simpleswap.io/privacy-policy

[deathcode]

actually, you can use a DEX exchange like Uniswap. or you can use Kucoin or Coinbase. I don't use the exchanges you mentioned. but if you are sure about the exchange you can try it. but I recommend using the more popular ones just in case there is a problem with the exchange.
Several exchanges could be your choice if you want. and I think you have looked for it instead of focusing on the exchange you mean.

[asdlolciterquit]

thank you @Bitcoin_Arena

actually, you can use a DEX exchange like Uniswap. or you can use Kucoin or Coinbase. I don't use the exchanges you mentioned. but if you are sure about the exchange you can try it. but I recommend using the more popular ones just in case there is a problem with the exchange.
Several exchanges could be your choice if you want. and I think you have looked for it instead of focusing on the exchange you mean.

i just googled xyo to eth and it was one of the first links.

Kucoin o Coinbase supports xyo or chsb?
They need KYC to use it?

[Wiwo]

i just googled xyo to eth and it was one of the first links.

Kucoin o Coinbase supports xyo or chsb?
They need KYC to use it?

Yes both Coinbase and Kucoin are centralized exchanges and demand for KYC since it is part of the regulatory compliance for centralized exchanges.

I advise you to go along with what you already have and Simpleswap or any of the popular Dex will and should do what you want at the moment,  so all the best and do extra research before you use them.

[Bitcoin_Arena]

Kucoin o Coinbase supports xyo or chsb?

XYO trades on both exchanges. They don't seem to support CSHB. Please note if you are planning to withdraw ETH, you are going to spend ridiculous amounts in withdrawal fees that those exchanges set. For example on Kucoin, withdrawal fee is 0.005 ETH (~ $20)

They need KYC to use it?

Yes they do.

[asdlolciterquit]

thank you both.
I'll think about all the info you gave me.

Just one stupid question: can i send the tokens directly from my trezor to the exchange and then, from the exchange send eth back to the same address?

Thank you!

[Bitcoin_Arena]

thank you both.
I'll think about all the info you gave me.

Just one stupid question: can i send the tokens directly from my trezor to the exchange and then, from the exchange send eth back to the same address?

Thank you!

Yes, you can so long us address uses the same network/blockchain as the token that was on it.

[Mate2237]

As far as I know. They are legit. They have been around the forum since 2018.

Here is their ANN: https://bitcointalk.org/index.php?topic=4187686
Here is their Forum Profile: https://bitcointalk.org/index.php?action=profile;u=2056315

Before using them, I suggest you first read their Terms of service to avoid any inconveniences which may arise
1. https://simpleswap.io/terms-of-service
2. https://simpleswap.io/privacy-policy

I have not used this simpleswap site to exchange token to coin but I have used Centralized exchanges but from what Bitcoin_Arena presented here and when I checked the links he provided they are good and look legit so I also recommend them to you op. You can use them to make the swapping but the if is difficult to use and the token is listed in binance and any other exchange platform then you can use the exchange to make the swapping.

All what you have to do is to send the token from the Trezor to the exchange and do the transaction and as you asked, yes you can do that. Just send it and that is all.