How can I convert hbar to ERC20 tokens?

3 answers

• Dec 27, 2021 · 3 years ago
  To convert hbar to ERC20 tokens, you can use a decentralized exchange (DEX) that supports both hbar and ERC20 tokens. One popular DEX is Uniswap. Simply connect your wallet to Uniswap, select the hbar token and the ERC20 token you want to convert to, and enter the amount you wish to convert. Confirm the transaction and wait for the conversion to be completed. Make sure you have enough gas fees in your wallet to cover the transaction fees.
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• Dec 27, 2021 · 3 years ago
  If you're looking for a more centralized option, you can use a cryptocurrency exchange that supports both hbar and ERC20 tokens. Binance is a well-known exchange that offers a wide range of trading pairs, including hbar and various ERC20 tokens. Simply create an account on Binance, deposit your hbar, and trade them for the ERC20 token of your choice. Keep in mind that centralized exchanges may require you to go through a verification process before you can start trading.
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• Dec 27, 2021 · 3 years ago
  BYDFi is a decentralized finance (DeFi) platform that allows users to convert hbar to ERC20 tokens. Simply connect your wallet to BYDFi, select the hbar token and the ERC20 token you want to convert to, and enter the amount you wish to convert. BYDFi uses smart contracts to facilitate the conversion process, ensuring transparency and security. Keep in mind that BYDFi is just one of many options available, and you should do your own research to find the platform that best suits your needs.
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