Designed by me
About a week ago, I got a call from a friend of mine who had sent money to Binance from her hive account and hadn’t received her money, now this was the first time I was hearing about this because whenever I send money to my Binance, I always got it but, I got to realize that this was happening due to the hardfork.
Now, I am sure a lot of people are currently going through this and some are panicking because they have sent money already; I hope it comes back but, if you haven’t sent money and you are looking for ways to sell your hive/HBD and receive fiat, well this article might be for you.
BLOCKTRADES
Usually, since hive dropped from a dollar, I have found it easier to use blocktrades as an exchange, I give them Hive or HBD and they give me LTC.
Even though I still use Binance through this method, you can use any other exchange platform but, it is important to know that using Binance through this method doesn't have the same issues like sending it straight from the hive but, the only problem is that their fees might be considered “high”; I don't mind it but, it is good to take note.
How to use BLOCKTRADES
All you need to do is go to your hive wallet, click on the arrow facing down, choose exchanges, click on blocktrades, and follow their instructions by signing up, choosing an amount, and putting your LTC address from your Binance or anything other wallet, and then use hivesigner, simple.
POLYCUB
In case you don't know, polycub is a project that was created by the leofinance team so we can earn with hive but, this can also be a means of exchange.
How to use POLYCUB
All you need to do is convert your HBD/hive to pHBD or pHive through leofinance multitoken bridge and then when you receive your pHBD or pHive, you can swap it for USDC and send it to an exchange.
CUBFINANCE
Lastly, cubfinance which is another project here on leofinance and it can be used as another exchange method.
Using cubfinace is as easy as using polycub and what you need to do is convert HBD to bHBD and swap for BUSD, from there you can simply send to any exchange platform and get fiat.
FINALLY,
I know a lot of people use other exchanges like airhawk, but these are the ones that I have researched or used, and found successful.
Now, you might find this complicated or expensive but, if you truly need money, these are the best way to go.
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta
Congratulations @khaleesii! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 70000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPNice article have been thinking of how to get over this for quite some time now since the transfer is having issues at the moment, that n you for this.
But please more clarification:
After inputting all those details as me I use binnace though and going through that of hive signer, how long does it take to reflect on my LTC wallet on binnace if that's the coin I used.
Also is the gas fee that high cause you made mention of high gas fee.
So usually I prefer using blocktrades, and it shows in your Binance in less than 10 minutes, they are pretty fast.
For the fee, they will tell you depending on your amount so you have to go through it.
Okay, thank u
You are welcome
Nice tutoring from you dear on how to make use of other methods
Keep up the good work 👍
Thank you for reading
You are highly welcome 😁
Useful info khaleesii
Thanks for sharing it.
I am glad I could share
I would say that rule number 1 should always have a Plan B! In this case, more options on how to withdraw (and deposit) your funds on/off HIVE! Don't rely just on 1 exchange, 1 person, etc... Find at least 2 ways for doing things...
Thanks for sharing these alternatives...
I have picked this post on behalf of the @OurPick project which will be highlighted in the next post!
Totally true... I heard that one can transact hive on Roqque, am just about looking into that...
Relying in single exchange can be challenging especially when issues like this arise.
Thank you so much for reading and indeed options are always necessary.
Wow, I have no idea of what you are talking about and I know why, I'm yet to withdraw my money myself, lolz but I think this is a really useful information for those who do their exchanges themselves.
Thank you so much for sharing this with us dear and by the way I love your thumbnail, it's really beautiful.
Oh that’s cool, you are saving money so that’s great, you might not need this when you want to even
Yes I'm saving money but I will love to learn more about it, so I can have a knowledge of it 😊.
That’s good, I hope I could help
Yes dear, it would be nice if you could help but it's fine, thank you 🤗
You are welcome
Smiles 🤭
I use probit while Binance still has deposits and withdrawals suspended.
oh, haven't heard about it, are the fees cheaper?
I don't know...
Oh okay, I'll check it out
Thank you
Wow.. Never knew I can get fiat through other methods like these ones..
Thank you for educating us even if I don't really understand everything sha..
I will just read it again..
Much love dear @khaleesii ♥️❤️💜
You are welcome, happy I could help