A Step-by-Step-Guide on how to buy Hiblocks (HIBS)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Hiblocks (HIBS) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Hiblocks (HIBS) As soon as your deposit has been affirmed, you will now have access to your funds and you can commence invest and trading. To buy Hiblocks (HIBS) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot Hiblocks (HIBS), you will need to insert the short name of the asset (HIBS) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “HIBS/BTC” to advance.
Step 4 – Purchase Hiblocks (HIBS) Once you have found Hiblocks (HIBS), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order. The ”Price” field will be automatically filled with the most recent rate Hiblocks (HIBS) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of HIBS you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of HIBS. If you are happy, click on “Buy HIBS”. Your order will be filled when a Vendor trades their HIBS for the price you introduced.
Step 5 – Withdraw Hiblocks (HIBS) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer period of time. In order to withdraw your Hiblocks (HIBS), go to the tab called “Funds” and mouse click on “Withdraw”. Hiblocks (HIBS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Hiblocks (HIBS) by using the provided drop-down box. Put into the amount of Hiblocks (HIBS) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.