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 or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Hive Dollar (HBD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Hive Dollar (HBD) Once your deposit has been confirmed, you will instantly have access to your finances and you can commence invest and trading. To buy Hive Dollar (HBD) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Hive Dollar (HBD), you will need to put the short name of the asset (HBD) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this also. Click on “HBD/BTC” to continue.
Step 4 – Acquisition of Hive Dollar (HBD) As soon as you've spotted Hive Dollar (HBD), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Hive Dollar (HBD) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of HBD you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of HBD. If you're glad, click on “Buy HBD”. Your order will be filled when a Seller sells their HBD for the price you offered.
Step 5 – Withdraw Hive Dollar (HBD) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Hive Dollar (HBD), hover over the tab called “Funds” and click on “Withdraw”. Hive Dollar (HBD) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hive Dollar (HBD) by using the given drop-down box. Enter the volumen of Hive Dollar (HBD) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for phone/email verification before a take off.