I have developed the STEEM to USDT Swap and I was asked how do you solve the trust problem? Why people trust this tool and believe you will not receive funds and do nothing (or even worse run away)?
Centralized Exchange
Like all the other CEX (Centralize Exchanges) such as Huobi, STEEM to USDT Swap is a CEX except that STEEM to USDT Swap simplifies the trading for STEEM to USDT and SBD (Steem Dollars) to USDT pairs.
Most CEXs allow traders to buy and sell via market order or limit order. And orders are matched. But STEEM to USDT Swap , on the other hand, is a simple swap tool that funds received at @steem2usdt and then the same value of USDT (on TRON blockchain aka TRC-20) (exchanged according to the real time rate via Cryptocurrency API) are sent out to the desired TRON wallet address.
The Trust Problem
For CEXs, they can be regulated by local authority so that you can rely on them. For STEEM to USDT Swap, well, this is a side project/hussle and not big enough to found a company or start a business. Meanwhile, there is no additional running costs apart from renting a few servers (no cost for hiring a employee). But You can rely on this since I am a top witness on the steem blockchain.
I have been staying on this platform (the STEEM blockchain) for almost 7 years (since 2016-08-20 18:36:21) and I have become a witness for almost 5 years (since 2018-02-25 22:17:18). I have passions and hope for STEEM to grow, as much as you do probably!
The service is automated obviously, and you can send a small amount first to try – and with confidence then you can send a larger amount. Don’t forget, you can always ping me at @justyy or [justyy AT zoho.com]. And if you are to swap more than 1000 USDT, it is suggested to contact me first, just to make sure there are enough funds – or otherwise, the funds will be returned if there are not enough funds in the pool.
Tron Blockchain Posts
Here are some popular posts regarding the Tron Blockchain:- NodeJs Function to Check if a Tron Wallet Address is Valid and Activated
- Introduction to Shielded Contracts on Blockchain (EVM, TVM)
- Passive Income: Staking TRX on Tron Blockchain and Earn Voting Rewards (4.8% APR)
- TRON Blockchain: How to Send the USDT (TRC-20) Transacton using Python tronpy?
- How to Get Balance of TRX or USDT/USDD/USDC (TRC-20) Smart Contract Tokens on TRON Blockchain?
- Function to Return the USDT/USDD/USDC Contract Address on Tron Blockchain (Main Net, Nile, Shasta)
- How to Send/Transfer USDT/USDD/USDC on Tron Blockchain using Tronweb?
- Javascript Function to Send Trx on Tron Blockchain based on TronWeb
- How to Generate an Account on Tron Blockchain using Python SDK?
- How to Claim the Witness (Super Representative) Voting Rewards on Tron Blockchain using Node Js (Javascript)?
- Automate Freeze Balance on Tron Blockchain using NodeJs with TronWeb/TronGrid
- Python Tool of Base58 Decode Check
- TRON Blockchain: How to Check the Number of Peers the Tron Node is Connected to?
- TRON Blockchain: How to Check If a Node is synchronized and Fully Functional?
- How to Activate a TRON (TRX) Blockchain Wallet Address?
- Delayed Swap due to Numeric Underflow Bug by using Tron’s triggerSmartContract Method
Steem to the Moon🚀!
- You can swap the STEEM/SBD to SOL (Solana) via steem2sol!
- You can swap the STEEM/SBD to ETH (Ethereum) via steem2eth!
- You can swap the STEEM/SBD to Tether USDT (TRC-20) via steem2usdt!
- You can swap the STEEM/SBD to TRX (TRON) via steem2trx!
- You can swap the STEEM/SBD to BTS (BitShares) via steem2bts!
- Register a free STEEM account at SteemYY!
- Steem Blockchain Explorer!
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