I Turned My Remaining SPOT Into Bitcoin

I Turned My Remaining SPOT Into Bitcoin


Good evening fellow P0x'ers. My post from last night really got me to thinking about all the old tipping tokens we've seen on the platform over the past three years. Specifically, I couldn't stop thinking about the remaining SPOT I had just sitting in my wallet. 

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Whatever is there to do with it? I've already created a liquidity pair, and I really didn't want to shell out more stablecoins to add to the vault. So, I got to thinking: how can I turn my SPOT into Bitcoin? Unfortunately, there is not a direct route. However, I'm posting to share that there is a roundabout way to do so. First, I swapped my SPOT for ETH. 

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This was the most expensive step of the way; as you can see it cost me nearly $11 in gas fees. It's really no matter, as all the ETH I have accumulated was courtesy of P0x.

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A small provider fee brings the total in fees so far to $11.17, a good chunk of what's initially being swapped but we need to turn this SPOT into satoshis!!

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Success! Thank you 1inch for your services on the first part of this adventure. My SPOT has now become ETH. The next step is pretty straightforward. The ETH now needs to be swapped for Bitcoin. For that, we wall call upon THORChain.

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A small provider fee and network fee puts the total for this transaction at $12.20, $0.39 worth of BTC and $11.81 in ETH.

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So, when you consider the fees, the initial $57.02 in SPOT has been turned into $44.82 worth of Bitcoin. But, since I've no fiat actually invested here, the loss doesn't really feel like a loss. All crypto used was courtesy of Publish0x. Shoutout to the P0x staff and all my followers for the support throughout the years. Couldn't have done it without the help of the community here!


The original Bitcoin faucet is long gone, but there are still ways to collect some free crypto if you invest some of your free time:
  • Sign up here on Publish0x, if you haven't already, to earn free crypto for reading & writing content
  • Join Cointiply and roll the faucet every hour, view PTC ads, take surveys to earn free Bitcoin, Litecoin, Dogecoin, or Dash
  • Downoad the Bitcoin Cash Giveaway to collect some free BCH sats, paid out weekly
  • Check out Yescoiner to easily collect some satoshis; no nonsense -- just solve a captcha. Low payout, slow drip here
  • Final AutoClaim is another facuet-style site that offers payouts in 74 different coins
  • For an entertaining, off-the-wall faucet, check out Crypto Junkie. Great for accumulating SPACE and SHIB
  • For rewards in XNO and BTC, check out TipNano app
  • Various crypto payout options available on FaucetCrypto

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RocketEnthusiast
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dot com boomer writing on what interests me


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