A Step-by-Step-Guide on how to buy Hive Dollar (HBD) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Hive Dollar (HBD) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Hive Dollar (HBD) Once your deposit has been approved, you will directly have access to your assets and you can begin buying and trading. To purchase Hive Dollar (HBD) on Binance, you will 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 insert the short name of the asset (HBD) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “HBD/BTC” to progress.
Step 4 – Purchasing Hive Dollar (HBD) After you have discovered Hive Dollar (HBD), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent rate Hive Dollar (HBD) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of HBD you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of HBD. When you are satisfied, click on “Buy HBD”. Your plan will be filled as soon as a Vendor trades their HBD for the price you introduced.
Step 5 – Withdraw Hive Dollar (HBD) Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive period of time. In order to take off your Hive Dollar (HBD), go to the ”Funds” tab and mouse click on “Withdraw”. Hive Dollar (HBD) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hive Dollar (HBD) by using the provided drop-down box. Enter the quantity of Hive Dollar (HBD) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.
Kudos! You've successfully bought and safed Hive Dollar (HBD) in Anguilla.That's it! Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the Hive Dollar (HBD) is safe within your wallet, you're done.
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