A Step-by-Step-Guide on how to buy Hive Dollar (HBD)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Hive Dollar (HBD) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Hive Dollar (HBD) Once your deposit has been approved, you will immediately have access to your funds and you can begin buying and trading. To invest in Hive Dollar (HBD) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover Hive Dollar (HBD), you will need to put the short name of the asset (HBD) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “HBD/BTC” to continue.
Step 4 – Purchase Hive Dollar (HBD) As soon as you've found Hive Dollar (HBD), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Hive Dollar (HBD) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of HBD you want to buy. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of HBD. If you're glad, make a mouse click on “Buy HBD”. Your plan will be filled when a Vendor sells their HBD for the price you introduced.
Step 5 – Withdraw (HBD) Hive Dollar Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. In order to withdraw your (HBD) Hive Dollar, go to the tab called “Funds” and click on “Withdraw”. (HBD) Hive Dollar can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (HBD) Hive Dollar by using the provided drop-down box. Drop in the quantity of (HBD) Hive Dollar you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You could be asked for phone/email verification before a take off.