How to Buy Hive (HIVE) in Australia

A Step-by-Step-Guide on how to buy Hive (HIVE) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum 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 identical. Hive (HIVE) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find {Hive (HIVE)|(HIVE) Hive}

As soon as your deposit has been confirmed, you will now have access to your finances and you can launch buying and trading. To purchase {Hive (HIVE)|(HIVE) Hive} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot {Hive (HIVE)|(HIVE) Hive}, you will need to insert the cointype (HIVE) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this too. Click on “HIVE/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Hive (HIVE)
Step 4 – Purchase {Hive (HIVE)|(HIVE) Hive}

As soon as you have discovered {Hive (HIVE)|(HIVE) Hive}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price {Hive (HIVE)|(HIVE) Hive} was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of HIVE you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of HIVE.

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

Step 5 – Withdraw {Hive (HIVE)|(HIVE) Hive}

Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time period. To withdraw your {Hive (HIVE)|(HIVE) Hive}, go to the ”Funds” tab and click on “Withdraw”. {Hive (HIVE)|(HIVE) Hive} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Hive (HIVE)|(HIVE) Hive} by using the given drop-down box. Put into the quantity of {Hive (HIVE)|(HIVE) Hive} you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and safed Hive (HIVE) in Australia.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {Hive (HIVE)|(HIVE) Hive} is stored inside your wallet, you're done.

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