Timvi - Gate
ReturnUse Gate

Gate allows converting TMV to ETH. The service either uses the liquidity pool maintained by the system developers or, if your request exceeds the available pool, implies creating a request to convert TMV to ETH. In the latter case Gate acts as a p2p trading floor and any willing party can step up and fulfill your request*. The current exchange rate is always displayed at the application screen. We rely on Chainlink decentralized feed for updates on the ETH exchange rate.

Note that there is system fee - 0% for all.

*To carry this transaction out, a counterparty has to send the requested amount plus 2%. This increment may be used if the ETH exchange rate fluctuates right when the transaction is being made. Any unused funds are paid back to the counterparty’s wallet afterwards.

Use Gate