A Step-by-Step-Guide on how to buy Hive (HIVE)
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get Funds.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Hive (HIVE) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Hive (HIVE) Once your deposit has been verified, you'll immediately have access to your finances and you can begin buying and trading. To purchase Hive (HIVE) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Hive (HIVE), you'll need to put the short name of the asset (HIVE) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “HIVE/BTC” to advance.
Step 4 – Acquisition of Hive (HIVE) Once you've located Hive (HIVE), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date rate Hive (HIVE) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of HIVE you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of HIVE. When you are happy, click on “Buy HIVE”. Your order will be filled as soon as a Seller sells their HIVE for the price you submitted.
Step 5 – Withdraw Hive (HIVE) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off your Hive (HIVE), go to the tab called “Funds” and click on “Withdraw”. Hive (HIVE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Hive (HIVE) by using the given drop-down box. Enter the amount of Hive (HIVE) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.