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RE: Why we need Hive in Leo Dex (Decentralised Exchange)

in LeoFinance9 months ago

LeoDex is solving such a big problem that we don't need to look for centralised exchanges anymore

leodex gives fiat? O.O

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No, not fiat.

owh cuz thats the main purpose of central exchanges. there's a lot of dexs already

No bro. Lots of people trade in Dex and they don't trade for fiat. Howmany Dex are there where you have hive listed?

oh this im not sure @_@ cuz usualy use simpleswap which i think is pretty good since it can crosschain to many different ones

Yep that's centralized

yes sir o.o seems like everyone seeing my comment

yup.. your comments are valuable bro..

haha thanks I hope so ; ;

No fiat exist in the world of decentralised crypto.. CeX can do that.

this is a true point then sadly we still need to go CeX then o.o or do P2p with real life for fiat

Exchanges don't allow fiat withdrawals in my country so whenever I need fiat I do OTC exchange. There are a few companies who have an OTC desk. Of course there's also P2P.

is P2P safe to do in your country @alex-rourke ? In India its highly risky as lots of scammers are here and it ends up getting account feeze..

I only do p2p exchanges with people I know, so I've never been scammed. I'd avoid doing p2p transactions with anybody I don't know.

its good then as dealing with known should not be an issue. p2p on exchanges like Binance or Bybit etc is risky these days..

owh sounds tough in your country . whats the tax like there or do people just not declare

I pay 1.5% to convert to fiat. It's not terrible. Also, no tax. It's not even recognized as money yet, so that's an advantage. We're also next door to El Salvador where Bitcoin is legal tender so I can potentially exchange it there too.

that aint bad at all. u can make that back easy. Oh wow people in el salvador must be happy. a lot of people giving them shit when btc was 17k lol