far this works best for me. Buy LTC on preferred exchange -> send to Cake to wrap LTC -> send to Light Wallet -> swap dLTC for DFI in liquidity pool. Are there any obvious flaws in this process I am overlooking?
I can't withdraw from Bittrex for 14 days after making a deposit, and Kucoin does not support any of the deposit methods I would consider using. Also the math seemed to favor doing it this way since it is cheaper as well. But I wonder if I made an error somewhere or if other people do it like this as well?
For questions & discussion regarding Cake: https://t.me/CakeDeFi_EN
As for Bittrex is usual, you need to have a transaction history in the last 180 days to make withdrawals, also, you need to wait in fact a few days if you are new, as well as if you just enabled your withdraw feature
You are maybe using SEPA transfers no? If so, yes it will take a few days, its the drawback with SEPA transfers, usually 0 fee, but days to arrive. The best possibility indeed is credit card funding, but subject to fees. Really is a matter of considering those fees worthy or not, taken into account your final objective. Yes, USDT or Ethereum is too costly, the fees are absurd. As for BTC, its ok I would say, neverthless, I also almost only buy with instant buy feature
yes I am using SEPA transfers. I think you can get a decent deal with the instant buy feature if you wait 30 seconds for it to recalculate. It almost tricked me into buying high! If it were not for the 14 withdrawel lock I would probably buy DFI directly on Bittrex.
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