Hive Engine
HIVE-Engine is the decentralized exchange for Dark Energy Crystals on the HIVE blockchain.
Last updated
HIVE-Engine is the decentralized exchange for Dark Energy Crystals on the HIVE blockchain.
Last updated
Because your Splinterlands account is also a HIVE blockchain account, you are able to use it to transact on the decentralized exchange (DEX) at HIVE-Engine.com.
Because your Splinterlands account is also a HIVE blockchain account, once you have purchased the Spellbook, you can use it to transact on the decentralized exchange (DEX) at HIVE-Engine.com.
By purchasing your DEC directly from the HIVE-Engine DEX, you can avoid the processing fee applied by the Splinterlands method, but there are a few additional steps.
Depositing HIVE into HIVE-Engine
Acquire HIVE tokens in your HIVE account wallet.
Sign in to HIVE-Engine.com with your HIVE account and go to your Wallet page.
Click Deposit at the top of the screen
Select HIVE as the currency that you would like to deposit from the dropdown menu.
Enter the amount of HIVE you would like to deposit. It will be converted to SWAP.HIVE, which you can use to purchase DEC from the DEX.
Purchasing DEC with SWAP.HIVE
Navigate to the Market page on HIVE-Engine.
Select the DEC token from the dropdown menu.
Scroll down to Buy Orders and Sell Orders and locate the cheapest Sell Order that offers the quantity of DEC you are looking for.
Enter the Price of that Sell Order in the Price field under Buy DEC and the desired quantity to buy. Also, you can click the ASK value to autofill the price and modify the desired amount to buy.
Double-check the price and quantity, then place your Buy Order. If you have done it correctly, it will be filled immediately if you create a Buy Order with a lower price than those currently offered, it will appear in the Buy Orders list until someone creates a Sell Order whose price matches your Buy Order.
Selling DEC on HIVE-Engine is very similar to the above process of buying DEC on HIVE-Engine.
Start with the DEC Market Page.
Create a Sell Order by filling out the Sell DEC section. If you match the price of your Sell Order to the price of one of the open Buy Orders on the list, it will be filled immediately. If you create a Sell Order that is more expensive than the Buys currently available, it will be listed as an open Sell Order and be filled when someone places a corresponding Buy.
When filled, you will be paid in SWAP.HIVE, which can then be withdrawn to an external wallet (such as an exchange) or traded for one of the other SWAP. pegged cryptocurrencies on HIVE-Engine (BTC, LTC, ETH, BAT, etc.) that can then be withdrawn to the wallet of your choice.
All transfers of DEC to and from external sites and blockchains are simple when your wallet is linked to your Splinterlands account.
When you click on your DEC balance in Splinterlands, you'll find all your DEC balance details.
You can click the Transfer Button to get the DEC Transfer Page. With this page, you can transfer DEC in or out of any of your linked wallets, including HIVE-Engine, Ethereum, Binance Smart Chain, and other players.
To transfer DEC to HIVE-Engine from Splinterlands, input the amount of DEC you wish to transfer and select From In Game To Hive Engine In the dropdown menu. Then click TRANSFER, and the DEC will be immediately added to your HIVE-Engine wallet.
To transfer DEC From HIVE-Engine To In Game just pick the correct order in the Dropdown menu, fill in the amount, and click TRANSFER. The transferred DEC will then show up in your in-game balance in moments.
