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 Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Hive Dollar (HBD) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Hive Dollar (HBD) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can initiate purchasing and trading. To invest in Hive Dollar (HBD) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find 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. Make sure you have selected the proper pairing, we have highlighted this too. Click on “HBD/BTC” to proceed.
Step 4 – Purchasing Hive Dollar (HBD) As soon as you've located Hive Dollar (HBD), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff Hive Dollar (HBD) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of HBD you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of HBD. When you are glad, click on “Buy HBD”. Your plan will be filled as soon as a Seller trades their HBD for the price you gave.
Step 5 – Withdraw Hive Dollar (HBD) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Hive Dollar (HBD), hover over the ”Funds” tab and mouse click on “Withdraw”. Hive Dollar (HBD) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Hive Dollar (HBD) by using the given drop-down box. Enter the amount of Hive Dollar (HBD) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.
Congrats! You have successfully purchased and stored Hive Dollar (HBD).That's it! Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (HBD) Hive Dollar is stored in your wallet, you are finished.
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