Author

Topic: Defi high commissions (Read 76 times)

hero member
Activity: 1360
Merit: 506
June 23, 2020, 11:47:54 AM
#4
I think that it is mainly caused by the price of DAI and USDT in real-time. When you look closer, the fee is "only" about 80 dollars when you exchange 10 000 USDT. But the rest is caused by different prices. All stable coins fluctuate around the 1USD, but it doesn´t mean that 1USDT is always 1USD Smiley.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
June 23, 2020, 10:51:10 AM
#3
This is how crazy dex exchanges are most times, they have too high transaction fees just like shapeshift and Changelly instaswap platform, DeFi ( decentralized Finance ) ain't Dex ( Decentralized Exchange )
I really like DEFI, because for the exchange I do not need to go through registration and the KYC procedure. To exchange it, it is enough for me to click a couple of times with the mouse and press 2 buttons on the ledger. But such commissions really disappoint me.
member
Activity: 166
Merit: 10
June 23, 2020, 10:45:46 AM
#2
This is how crazy dex exchanges are most times, they have too high transaction fees just like shapeshift and Changelly instaswap platform, DeFi ( decentralized Finance ) ain't Dex ( Decentralized Exchange )
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
June 23, 2020, 10:40:52 AM
#1
https://uniswap.exchange/swap



https://kyberswap.com/swap/usdt-dai


Who uses DEFI for trade?
I often have problems with high transaction fees. If I were trading on a cryptocurrency exchange, then the commissions would be much less.
Tell me ways for more weather trading?



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