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Simon-Lam

OK, to mitigate LTC risk, I can swap to dUSD

in Cake too and just withdraw that!
But it seems Cake is charging commission and offers worse rate than on the Lite wallet, correct?

#blockchain #cryptocurrency #defichain #english
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Zachary-Chan

Nope. Cake is not an exchange itself, so all Cake’s internal swaps are actually made on the DEX as well in the background. If you are comfortable using the wallet, it is cheaper. It’s just a that most Cake users are not that advanced to use the DEX directly, and so it through Cake. Cake charges an extra 0.5% on top of DEX swap fees for the convenience.

0
02.04.2022

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