Beginners Guide: How to buy HIVE on Binance, send it to Hive, and convert it to HP or HBD (Take Advantage Of The Dip)

in LeoFinance2 years ago

Ok guys, we have been in a bear market for a very long time, and by November it will be 1 whole year that we have been in this bear market that is if Uptober does not live up to its name and give us a bull run pump as usual. But that aside, whether October or Uptober gives us a bull run or not it is still good we take advantage of the dip to buy our preferred coins and stack them up, in this case, I am talking about HIVE.

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A lot of people have been talking about taking advantage of the current value of HIVE which is below 5 cents now, which is a great buying price for anyone who chooses to buy now in anticipation of the bull run so they can make the big bag, imagine buying Hive now at $0.48 and in the next bull run it hits the current all-time high at $3+ and above, that will be some huge profit you have made for yourself, enough talk lets get right to it.

How To Buy HIVE From Binance And Send To Hive

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If you are from Nigeria you can not buy USDT or BUSD, with your credit or debit card so you have to buy either one of them you prefer, throw Peer-to-Peer (P2P), once you have done that or if you have free USDT or BUSD that you want to use to buy HIVE, just go to TRADES on Binance, click on Spot then search for HIVE/USDT or HIVE/BUSD, then select Market not Limit so that your buy order will be filled immediately you click on Buy.

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Once you have bought the HIVE pair you prefer next thing is to send it to Hive so you can convert it to Hive Power (HP) or Hive Backed Dollar (HBD). The next thing to do is to go to Wallet on Binance click on HIVE then click on Withdraw then Send Via Crypto Address then you put your Hive username as the crypto address you are sending your Hive to, then input the amount you want to send to Hive and click on Withdrawal

How To Covert To Hive Power (HP) or Hive Backed Dollar (HBD)

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This is the simplest part, click on the last button with the arrow facing down, and it will bring out options for you, click on Power Up to convert to HP and Market to sell your HIVE for HBD, that's all.

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THANKS GUYS FOR READING MY POST.

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Posted Using LeoFinance Beta

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Are you able to buy DEC or SPS directly in game?

I guess I do not play the game buddy, I can recommend @belemo he can help, he has more experience in splinterlands.


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