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 BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Hive Dollar (HBD) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Hive Dollar (HBD)

As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate invest and trading. To buy Hive Dollar (HBD) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To discover Hive Dollar (HBD), you'll need to put the shortname of the coin (HBD) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “HBD/BTC” to go ahead.

Step 4 – Acquisition of Hive Dollar (HBD)

Once you have discovered Hive Dollar (HBD), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation Hive Dollar (HBD) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of HBD you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of HBD.

When you are happy, click on “Buy HBD”. Your order will be filled as soon as a Vendor sells their HBD for the price you gave.

Step 5 – Withdraw Hive Dollar (HBD)

Unless you're regularly trading, best advise is not to keep coins on an Exchange for an longer period of time. To withdraw your Hive Dollar (HBD), hover over the ”Funds” tab and click on “Withdraw”. Hive Dollar (HBD) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Hive Dollar (HBD) by using the given drop-down box. Put into the amount of Hive Dollar (HBD) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.