A Step-by-Step-Guide on how to buy Hive (HIVE)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Hive (HIVE) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Hive (HIVE) As soon as your deposit has been verified, you will instantly have access to your assets and you can begin purchasing and trading. To purchase Hive (HIVE) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To locate Hive (HIVE), you'll need to insert the shortname of the coin (HIVE) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've highlighted this too. Click on “HIVE/BTC” to proceed.
Step 4 – Purchasing Hive (HIVE) After you've discovered Hive (HIVE), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Hive (HIVE) was sold for. You can change this to your favoured price. The ”Amount” field is the volumen of HIVE you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of HIVE. If you're happy, click on “Buy HIVE”. Your order will be filled when a Vender sells their HIVE for the price you offered.
Step 5 – Withdraw Hive (HIVE) Unless you're frequently trading, never keep your coins on an Crypto Trader for an extensive period of time. In order to withdraw your Hive (HIVE), hover over the ”Funds” tab and click on “Withdraw”. Hive (HIVE) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hive (HIVE) by using the provided drop-down box. Put into the quantity of Hive (HIVE) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.