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).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Hive Dollar (HBD) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Hive Dollar (HBD) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can initiate buying and trading. To purchase Hive Dollar (HBD) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot Hive Dollar (HBD), you'll need to put the cointype (HBD) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “HBD/BTC” to progress.
Step 4 – Purchase Hive Dollar (HBD) Once you've located Hive Dollar (HBD), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be filled with the recent tariff Hive Dollar (HBD) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of HBD you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of HBD. If you are glad, make a mouse click on “Buy HBD”. Your order will be filled as soon as a Vendor trades their HBD for the price you offered.
Step 5 – Withdraw Hive Dollar (HBD) Unless you're trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time period. In order to take off your Hive Dollar (HBD), hover over the ”Funds” tab and click on “Withdraw”. Hive Dollar (HBD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Hive Dollar (HBD) by using the provided drop-down box. Put into the volumen of Hive Dollar (HBD) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You could be requested for email/phone verification before a take off.