As a hardware-wallet user I’ve recently been using Kyber-Swap for day-to-day token swaps USDC-ETH etc… Assuming the computer/browser I’m using has been compromised I still think it’s safer and easier to use a hardware-wallet than Nash. That being said I’d prefer these trades go through Nash’s matching-engine than Idex or whoever’s providing the liquidity on Kyber.
Currently on KyberSwap you can complete an entire trade just by signing one transaction on your hardware wallet.
It’s much less convenient to;
- Deposit to Nash
- Deposit to Trading Contract
- Make a trade
- Withdraw from Trading Contact
- Withdraw to Hardware wallet and spend
For an ETH to Erc20 trade the same thing can be achieved on Nash i.e. One signature to deposit, open channel, execute trade, close channels/withdraw. Correct me if I’m wrong but it should be possible to do this cross-chain with just 2-3 signatures.
Having a convenient + safe interface whereby a user can execute a swap without the need to login has been useful and is worth consideration from the team.
(no KYC so limited to $1k per day obviously)