TerraBridge may be expensive but it's usually the cheapest way to transfer SPS...

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·@revise.leo·
0.000 HBD
TerraBridge may be expensive but it's usually the cheapest way to transfer SPS...
I transferred some SPS from BSC over to Splinterlands recently and it cost me 0.5% or a fairly large sum of around 80 DEC - about $7 at time of writing with SPS being priced at just below $0.09....

![Screenshot 20220518 at 06.48.42.png](https://images.hive.blog/DQmaRRJWj5kwaTCRbyVKe4qPELqD73xsu2BfERh8bVQvfWm/Screenshot%202022-05-18%20at%2006.48.42.png)

Compared to the flat 1 LEO fee for using the LEO bridge this is STEEP - $7 compared to $0.09 (LEO price ATW), or compared to going via Binance with BUSD/ Hive which has minimal fees too. 

HOWEVER, if you were to go via a token with a cheaper tx fee, you'd loose A LOT more SPS on the swap.

Have a look at what I'd end up with if I'd have swapped SPS for BUSD, then gone via Binance, and finally bought SPS with Hive...

- Firstly I would get 1400.52 BUSD for my 16500 SPS....

![Screenshot 20220518 at 19.30.44.png](https://images.hive.blog/DQmcZYVkGwCY5nsskBXwyTecC41MCKBf1tLGWNQgUitXzie/Screenshot%202022-05-18%20at%2019.30.44.png)

- ATW Hive is $0.499 so that BUSD would give me 2806 Hive...
- Which would then give me.... 


![Screenshot 20220518 at 19.31.38.png](https://images.hive.blog/DQmfXJLunTf1p4cxktJa58RQxcHkMUR4CwdmWb84AoANmyY/Screenshot%202022-05-18%20at%2019.31.38.png)

**16119 SPS**

DAMN so O.K. I've saved $6.50 on fees - but  THAT'S ALMOST 400 SPS down compared to just 80 odd SPS fees on the straight and much less hassled transfer with the first option. 

400 SPS at $0.09 - that's pushing a $36 loss, so $30 down factoring in the fees I'd saved.  

Except I wouldn't have saved that much in fees - on top of all of that I'd also pay a 0.25% fee to swap Hive into SWAP.HIVE...

So a 0.5% fee may sound steep, AND IT IS, but these basters have got you by the SPS balls! 

Of course if you're transferring INTO BSC you might get a better deal, but then again what's the point in that, you get a better yield with yer SPS in the Splinterlands ecosystem, which probably explains the lack of liquidity going that way! 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@revise.leo/terrabridge-may-be-expensive-but-it-s-usually-the-cheapest-way-to-transfer-sps)
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