SmartBCH Tokens Exchange Cautions

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Avatar for akagaminoDneloy
2 years ago

Looking at the title, you can understand which topics I'll step in up . But what I will discuss with you today may not be known to many. Trading or exchanging is a very serious matter. Unknowingly, a lot of BCH or dollars can be wasted. So in today's article I will try to give you that compensation so that you don't have to do it again next time. So let's start the article without further ado.

1. Slippage

As you can see there's 2% slippage of it. Which matters a lot in SmartBCH trade. You'll get 4% of your receive at last. I hope everyone knows more about the slippage . If the slippage is more than one percent then I would definitely suggest you not to exchange or trade. As far as I can remember, a giveaway was launched from the wojak team. That was apes to get NFT. I traded even after I saw a lot of slippages there. Only to get apes NFT.

Many of you have shared the story of minting apps and i also did . And that story was my last month's Most Income Article of February. From that day on I was able to earn a lot of money and it was worth about 18$. It was then that I realized the value that everyone pays for a sad story. Not to mention that everyone is more or less involved with grief. Anyway, I hope you can tell us a little bit about the slippage.

Price impact

Price impact is the most crucial segment of trading and exchanging of SmartBCH. Because the impact you get is not easy to verify. Make sure the price impact is not more than 1% and always remember that if the price impact is more than 1-2% then it is better not to do it.

Look at the price impact. It's like you buy a humongous mountain but you'll get a small hut. Trading or exchange also is a little different. In exchange you exchange with a token of your specified amount. But in the case of trading you will have the option of many tokens. However, this is not the main topic of our discussion today. If you still feel interested then I will write an article on this topic.

I have informed you about the percentage of slip. Again, I hope you will be able to discuss the picture of Price Impact properly. These two things are trading in a very whimsical way. Those of you who are new or old must have made these two mistakes at least once. I hope I have tried to give you a proper review and practical explanation of these two issues.

Those of us who are investing our hard earned BCH or dollars in smart BCH must know how much trouble it takes to earn BCH or dollars. So the main reason for writing this article today is to save yourself from losing your hard earned money or dollars. Each of us is intimately involved with the BCH or dollar life. We have to take care that a few cent is not wasted or goes into the water.

Suppose you are wasting 0.05 cents per day. If you trade five times a day, the amount will be 0.25. And imagine if you traded 100 hours a month like this, your 5$ a month would be wasted for sure. So try to save your dollars a little from today. If you keep saving this way, you may have a good amount of savings in the future. You may think that I am a very stingy person but those of you who know me on river and ocean platforms may know how much I am wasting.

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However, today is the day for those people who set a goal every day and face it all day to meet the goal. Try to save your money little by little in these small trades or exchanges from today. Maybe with a little bit more time from your small savings, your desired goal can be achieved. Hopefully your exchange or trading savings will start from today.

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2 years ago

Comments

Thanks for the information and advice about bch especially for my new start here. God bless

$ 0.00
2 years ago

Sure.. Keep me touch with me . I'll share more interesting information later on.

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2 years ago

I only have one bad experience in slipoage last year when SmartBCH was new. I bought some EBEN worth $150 but with a 20% sliipage. I only recieve 120 EBEN and the price during my buy was $0.99 per. I easily lost $30 and up until now it still stock because

$ 0.02
2 years ago

Uhh that's really heartbreaking! Use SmartSwap Dex.. It's more convenient and auto correction. However you can compare others Dex to find out your desirable trade as well.

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2 years ago

It happens to me last october bro and I've learned my lesson. Hehe

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2 years ago

Hehehe.. I hope you'll don't do the same mistake again

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2 years ago

Thanks for this insight and advice. This is really helpful most especially to those starters in trading in SmartBCH.

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2 years ago

Thanks buddy.. At least I'm glad to help someone

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2 years ago