How to Buy Hive Dollar (HBD)

A Step-by-Step-Guide on how to buy Hive Dollar (HBD)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Hive Dollar (HBD) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate Hive Dollar (HBD)

Once your deposit has been approved, you will directly have access to your assets and you can commence buying and trading. To buy Hive Dollar (HBD) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to locate Hive Dollar (HBD), you'll need to put the short name of the asset (HBD) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “HBD/BTC” to go on.

Binance Hot To Buy Hive Dollar (HBD)
Binance How to Buy (HBD) Hive Dollar
Step 4 – Purchasing Hive Dollar (HBD)

Once you have located Hive Dollar (HBD), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Hive Dollar (HBD) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of HBD you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of HBD.

When you are happy, make a mouse click on “Buy HBD”. Your plan will be filled when a Vendor sells their HBD for the price you offered.

Step 5 – Withdraw Hive Dollar (HBD)

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your Hive Dollar (HBD), hover over the ”Funds” tab and click on “Withdraw”. Hive Dollar (HBD) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Hive Dollar (HBD) by using the given drop-down box. Enter the quantity of Hive Dollar (HBD) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully bought and stored Hive Dollar (HBD).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (HBD) Hive Dollar is safe inside your wallet, you're all done.

Some other Guides on How to buy Coins

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