Yesterday I decided to add some more NEX to my stack.
This is how I do it
Fiat (carbon)–Buy NEO------use Nash Pkey-----Deposit NEO to Switcheo Contract---- Trade NEO/NEX-------Withdraw NEX to NASH wallet.
- As I started the process, carbon gave me error—“Insufficient funds in the treasury”
- Decided to Buy USDC or ETH instead-- Error 3D mapping error
Raised Support Ticket—Still waiting for the reply
Forced to use fiat ramp of another exchange. Got ETH in 2 minutes with lesser fee. Transferred it to Nash Eth wallet.
Transferred ETH from trading to personal wallet—continuously getting blockchain syncing error
Fount out no liquidity/thin orders for the volume I was trying to trade.
Transferred some neo and untraded eth back to personal wallet- again blockchain syncing error.
consumed almost 10-12 hours by now, still not able to do what I wanted (To get few NEX)
Finally when I managed to get ETH back in my personal Wallet, using my ETH and NEO pvt key logged in Switcheo, did a ETH- NEO swap and Traded NEO for NEX and withdrawn to my NAsh NEX wallet all in 5 Minutes.
- Fiat Ramps error: Insufficient treasurey/ 3D error(Carbon) forced me to use another exchange’s ramp
- Exchange: blockchain syncing issues/ thin order book and low liquidity forced me to use switcheo for NEO/ETH trade.
End result: Exchange and ramps are not ready for BTC. I am an experienced trader/Hodler and it was way too painful for me. For new users it would be a mess. I would come back and use fiat ramps/exchange again as I am invested in NEX. New users would never return.
Note: This post is to tell devs/founders what issues we are facing as a trader and most motivated users of Nash. We expect solution to these problem which would be in the best interest of everyone. I hope new users never face these problems when BTC trading starts