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 BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Hive (HIVE) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Hive (HIVE) As soon as your deposit has been approved, you'll instantly have access to your finances and you can start purchasing and trading. To purchase Hive (HIVE) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order 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 choosen the proper grouping, we've marked this too. Click on “HIVE/BTC” to progress.
Step 4 – Purchase Hive (HIVE) After you have spotted Hive (HIVE), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our Limit Order. The ”Price” field will be automatically filled with the latest rate Hive (HIVE) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of HIVE you want to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of HIVE. When you are happy, click on “Buy HIVE”. Your plan will be filled when a Vendor sells their HIVE for the price you gave.
Step 5 – Withdraw Hive (HIVE) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended period of time. In order to withdraw your Hive (HIVE), go to the tab called “Funds” and click on “Withdraw”. Hive (HIVE) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Hive (HIVE) by using the provided drop-down box. Put into the amount of Hive (HIVE) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.
Congrats! You've successfully bought and safed Hive (HIVE).That's it! Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the Hive (HIVE) is safe in your wallet, you are finished.
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