A Step-by-Step-Guide on how to buy Hive Dollar (HBD)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Hive Dollar (HBD) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (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, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Hive Dollar (HBD) Once your deposit has been affirmed, you will immediately have access to your assets and you can start buying and trading. To invest in Hive Dollar (HBD) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Hive Dollar (HBD), you will need to put the cointype (HBD) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “HBD/BTC” to advance.
Step 4 – Acquisition of Hive Dollar (HBD) As soon as you have located Hive Dollar (HBD), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Hive Dollar (HBD) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of HBD you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of HBD. When you're glad, click on “Buy HBD”. Your order will be filled when a Seller sells their HBD for the price you introduced.
Step 5 – Withdraw Hive Dollar (HBD) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. In order to withdraw your Hive Dollar (HBD), go to the tab called “Funds” and click on “Withdraw”. Hive Dollar (HBD) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hive Dollar (HBD) by using the given drop-down box. Drop in the volumen of Hive Dollar (HBD) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.