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 BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Hive (HIVE) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Hive (HIVE) Once your deposit has been approved, you will immediately have access to your assets and you can commence buying and trading. To purchase Hive (HIVE) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Hive (HIVE), you will need to insert the cointype (HIVE) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “HIVE/BTC” to go on.
Step 4 – Purchasing Hive (HIVE) Once you've located Hive (HIVE), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Hive (HIVE) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of HIVE you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole amount of HIVE. If you are happy, click on “Buy HIVE”. Your plan will be filled when a Vender sells their HIVE for the price you submitted.
Step 5 – Withdraw Hive (HIVE) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your Hive (HIVE), hover over the ”Funds” tab and click on “Withdraw”. Hive (HIVE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hive (HIVE) by using the given drop-down box. Drop in the quantity of Hive (HIVE) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.