Hey everyone Scott Cunningham aka @scottcbusiness today I want to talk to you
guys about kyberswap and simpleswap
these are really really useful
cryptocurrency quick exchanges where you
simply send them a specific currency and
then they will swap it and take a small
fee and then send you the new
cryptocurrency to whichever address
while yes you can send to an exchange
trade and do you know all these
different transactions I don't mind
paying a small fee just for the
simplicity of sending a little bit of
eath and getting library coins or
whatever it really depends on the coin
but um yeah I just find it a lot easier
to do it this way so like I have a
little ba T that I've earned from brave
browser and from publisher X I throw
that in I get some etherium and then I
use that etherium to buy library coins
or whatever might be that was a recent
transaction I just did I bought a little
bit more library coins so that I can use
that for staking and I'll share the
website here the reason I mentioned both
is because there's a few crypto
currencies that the one has that the
other doesn't so I'll either use khyber
swap or simple swap based on my needs so
it's very very simple
there's a lot of different wallets that
work with these for me I always use meta
masks so you would just simply connect
your meta mask and then you'd find the
cryptocurrency that you want and there
is quite a good amount here so there's a
lot of options and and then you can you
can trade and if there isn't a pair you
can trade from whatever cryptocurrency
to aetherium and then aetherium pairs
with essentially everything else so that
way you'll be able to ensure that you
can still get your transaction also can
see it is a very very cool
cryptocurrency and they pay out really
good I think they pay out a pretty good
dividend so that's something else too
think about potentially but yeah so
simple swap and Kaymer swap very very
similar interface essentially every time
they will just give you a and you can
even do fixed-rate or floating rates so
say you wanted to potentially allow the
rate to change if you think it's Mike
you might go up but a fixed rate usually
obviously if it's higher and you think
it's going to go down you're safe for
doing that as you see when I click the
fix rate I am gonna get a little bit
more so you know it's definitely worth
considering between the two limits there
but again very very simple say this was
a transaction you wanted to do you would
just send Bitcoin first I would put my
receive address so I would put my you
know my meta mask address here and then
I would hit exchange it gives me the
address that I have to send to so then I
would send the Bitcoin to this address
and then once that is done it will
exchange and it shows you the process up
here and then it will send it to the
address that I gave them and they give
you 20 minutes to deposit because they
don't want you to like wait too long so
do consider that and if you do have an
issue for some reason you can always hit
the support button here and you can just
send them this transaction and I've only
ever had one issue where it didn't go
through and I emailed them and they
actually got back to me within like 15
minutes I was very impressed with their
support and then they solved it within
30 minutes and I got my LBC no problem
so yeah really really great I would say
simple swap is the only one where I've
had the issue and then I saw their
support was really good so I don't
actually know how good the support is
for a Kyber swap because it's just based
on my experience but again if you're
going to use the - I've had a better
experience just because I've used simple
swap more again they're both great and
I'm used in both quite a bit I've never
had any issues on khyber so you know
that might be something to consider as
well anyways though there's not a lot
more to this this was just me kind of
sharing this with you because I think
this is a really useful resource to have
just if you if you're on a bunch of
different social platforms like I am
you're earning so many different crypto
currencies and very small amounts and
sometimes you want to kind of just put
all that into one cryptocurrency so that
you're able to do more with it rather
than having them all spread out and
you're not really you know you got like
five dollars in like ten different coins
it's easier to consolidate all that into
like $50 in aetherium and then you can
do whatever you want with that so
there's a lot of coins on here actually
so the only one that I haven't seen then
I would like to see is one up for
uptrend but every other coin that I've
wanted to convert I have been able to
using these two swaps and I'm sure
there's other swap exchanges out there
these are just the the two that I go to
and they're pretty well known so if you
do want to share any that you use in you
know let people know what your
experience is on other platforms that
are very similar to this feel free to
comment that below also share your
experience on either of these exchanges
and and whether or not you're gonna try
them out it's nice because you don't
need any kyc verification to be able to
change your crypto into something else
and convert it so that's really nice
because you don't have to sign up or
sign in or do anything like that it's
just a very simple easy transaction so
yeah that's it let me know what you guys
think in the comments below and don't
forget to comment like and subscribe and
if you did watch to the very end make
sure to comment hashtag number one him
in the comments below that way I know
that you watch to the very end anyways
you're amazing have an amazing day I'm
Scott Cunningham aka @scottcbusiness
signing off Cheers
