A Step-by-Step-Guide on how to buy Hive Dollar (HBD)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Hive Dollar (HBD) is available 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've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (HBD) Hive Dollar As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can start invest and trading. To invest in (HBD) Hive Dollar on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate (HBD) Hive Dollar, you'll need to insert the short name of the asset (HBD) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this also. Click on “HBD/BTC” to proceed.
Step 4 – Purchasing (HBD) Hive Dollar As soon as you have spotted (HBD) Hive Dollar, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate (HBD) Hive Dollar was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of HBD you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of HBD. When you're glad, make a mouse click on “Buy HBD”. Your order will be filled when a Vender sells their HBD for the price you gave.
Step 5 – Withdraw (HBD) Hive Dollar Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your (HBD) Hive Dollar, hover over the tab called “Funds” and click on “Withdraw”. (HBD) Hive Dollar can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (HBD) Hive Dollar by using the provided drop-down box. Put into the quantity of (HBD) Hive Dollar you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.