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Better way to exchange coins at stake?


wngo123

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Posted

Did you hear Eddie during last stream? He said something about making changes regarding the coin exchange on stake. I think stake is developing their own platform to exchange coins. What do you think about it? Do you think the current coin exchange need alternative? Do you have more information about it, currently I can't find anything specific regarding this issue except. But I think coin exchange could get improved.  

Posted

I think that this would give strong competition to features like Dinabot. A 5% fee can be a lot of money and possible, Stake would decrease this profit margin, but make it most beneficial for the users on the site, as we get charged a lower amount.

Posted

Well we shall we what further plans that Stake has a in store for us in terms of converting or exchanging cryptocurrencies to one and another type conveniently. :)

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in my opinion it is a good thing for developments in stake because when we exchange coins it means that we will also be charged for the exchange service it will increase revenue for the web

Posted

Ohh very nice if Eddie say this because in my opinion if stake start their own exchange then this is very good and we exchange our coins very fast and we don't easy our time waiting for our coin

Posted

I don't and never used the exchange feature at stake during depo time. But I used dinabot for exchanging coin and the fee is pretty high there (5%). It would be better if stake add their own exchange system at their site with lower fee. I don't know and heard anything about it. But if they do it I will love stake more. 

Posted


Hello,

I do not know if it is a very good idea because there is Dinabot for the exchange of part and its works very well even with the costs which I estimate very dear to my taste, why not simply change the rate of dinabot conversion?

Good luck and good day to all

Posted
3 hours ago, Mahdirakib87 said:

I don't and never used the exchange feature at stake during depo time. But I used dinabot for exchanging coin and the fee is pretty high there (5%). It would be better if stake add their own exchange system at their site with lower fee. I don't know and heard anything about it. But if they do it I will love stake more. 

This is exactly the reason why I refuse to use this way to exchange my coins. It charges way to much to get your coins exchanged this way.

There were some talk from one of the support staff about a way to exchange your coins directly going thru the cashier tab on the way soon.

This would be the best way to do it and if they can charge less than 0.5% per exchange then they will have a winner. Because another site I use to go be a member on had an in-site exchanger and they were able to charge 1.5% per exchange done and it was quite popular. This was the lowest they were able to do it at because of the constant change in these altcoin vs bitcoin price.

Posted

I think the holder of this exchange system will be dinabot :) but if not then soon dinabot will bid a farewell to us :) I do exchange coins from that bot sometimes if I don't feel using or playing the coins I have :)

Posted

Hello there friend,

Yep last stream when i was watching Eddie Stream he said something about exchange with zero fee . Im excited about this , other exchanges has too much high fee. I hope they release it soon if ever they have their own exchange platform. The value of the fee is too much for me but i dont have a choice cause its the only exchange we have for now.

Goodluck bud!

Posted

I am using Dinabot to exchange. I usually deposit with XRP which has the lowest fee as far as I can see. Then exchange it with Dinabot if I wanted to use BTC or other currencies. 😊

Posted

yes it will be awesome if stake give us exchange option with low fee, because current exchange system isnt good, also dinabot deduct 5% which is still high, i usually use other exchanging website which is fine but if we can get that option at stake, that would be cool, we can be able to save withdrawl fee plus time.

Posted

it's very good if there is an exchange feature at stake, I mean the exchange feature that is owned by stake. it will make it easier for us to exchange our coins. although this time we have been helped by dinabot

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As my opnions we don't need stake own exchange, because now is everything ok about that. We can use exchange fast with dinabot and also we can exchange altcoins with coin switch. Now we can also buy currency in stake. 

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a good thing if stake makes its own coin exchange and will compete with the taboo. where competition will reduce the 5% fee which is quite high. and that's a happy news, hopefully it will be done soon

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I also hear eddie said that stake may have exchange to other coin but I don't know when they will make this happen, currently i always use Dinabot and all is automatic but dinabot is not officially by stake if u want to use the service make sure read the tos.

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