How to Buy Hive (HIVE)

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.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Hive (HIVE) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate Hive (HIVE)

Once your deposit has been affirmed, you will instantly have access to your assets and you can launch buying and trading. To purchase Hive (HIVE) on Binance, you'll want to hover over the tab which is called “Exchange” and then 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 image. Be certain of having choosen the right grouping, we've highlighted this also. Click on “HIVE/BTC” to proceed.

Binance Hot To Buy Hive (HIVE)
Binance How to Buy (HIVE) Hive
Step 4 – Buy Hive (HIVE)

Once you have located Hive (HIVE), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Hive (HIVE) was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of HIVE you want to buy. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of HIVE.

If you are satisfied, click on “Buy HIVE”. Your order will be filled as soon as a Vender trades their HIVE for the price you offered.

Step 5 – Withdraw Hive (HIVE)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your Hive (HIVE), hover over the ”Funds” tab and click on “Withdraw”. Hive (HIVE) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Hive (HIVE) by using the provided drop-down box. Put into the amount of Hive (HIVE) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

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

Binance Withdraw

Congrats! You have successfully bought and safed Hive (HIVE).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (HIVE) Hive is safe within your wallet, you're done.

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