How to Buy Hive Dollar (HBD)

Step 1 – Join CEX.io

You will first need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Hive Dollar (HBD) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Hive Dollar (HBD)

Once your deposit has been verified, you will instantly have access to your finances and you can start buying and trading. To purchase Hive Dollar (HBD) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to discover Hive Dollar (HBD), you will need to insert the short name of the asset (HBD) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “HBD/BTC” to continue.

Step 4 – Buying Hive Dollar (HBD)

After you have found Hive Dollar (HBD), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent valuation Hive Dollar (HBD) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of HBD you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of HBD.

When you're glad, click on “Buy HBD”. Your plan will be filled as soon as a Vendor trades their HBD for the price you gave.

Step 5 – Withdraw Hive Dollar (HBD)

Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive time period. To take off your Hive Dollar (HBD), hover over the ”Funds” tab and mouse click on “Withdraw”. Hive Dollar (HBD) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Hive Dollar (HBD) by using the provided drop-down box. Enter the quantity of Hive Dollar (HBD) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.