I did KYC with MexC. Because it rhymes. Also the government makes me.
To start buying Hive, I have to buy USDC with my debit card in Mexc.
Then I transfer from the USDC fiat account to the spot account.
Then I make my USDC to Hive swap.
Then I try to transfer it to my Hive account. But it tells me I have to wait 72 hours. So I try a 3-day bender. But realise that my beer money has gone on Crypto. So I sleep awhile.
Finally I transfer the Hive I bought at $0.22 into my Hive account where it's worth $0.17
So if anyone has a better way, I'd love to know. Because I'm hoping to buy more in 2 months.
[I've replaced my comments as I realised I'm not a good fit for zypto.]
!BBH
Interesting! That’s quite a work around. I just tried simpleswap.io that everyone’s recommended and it’s works great.
All I did was transfer some existing Etherium that I had on Coinbase via their platform (no sign up needed, just scan the QR code for the send address and then pop in your Hive address name - and boom, 7 minutes later on lands on your account.
Seems like a really good solution! With checking out of you can buy BTC or ETH somewhere with easy with fiat.
Good luck with your next go! Cheers for the comment mate
That is my big problem. I do not have any Crypto outside of Hive. Except for a small amount of WAX, but that path into Hive Engine was closed a long time ago.
I
havehad some GBP in a bank account with a debit card that allows me to buy just about anything I want. But to buy HIVE, I have to contort myself through hoops. And common sense tells me that there must be an easier way.I guess good sense ain't that common.
!BBH
Ah mate that’s tricky.
Few years ago I used to buy XRP (Ripple) on Bitstamp with USD, then transfer that to Bittrex (dead) and buy hive-related tokens there. I chose Ripple because it back then had much lower transfer/withdrawal fee than i.e. BTC or ETH. I guess now effective fees on BTC are even higher ;)
Lately I do that in a single step via Binance, so far, sending EUR to Binance account directly turned out to incur the lowest fees. But if you are in UK, well.. that's probably not helpful at all.
That is very interesting. And with my VPN, it could be helpful. At the very least, it's something for me to play with. So thank you very much.
Coincidentally, immediately before reading your comment, I was playing with Revolut. And XRP is one of the few currencies that they allow you to withdraw without demanding a limb or close family member in withdrawal fees.
Maybe new paths to buying HIVE are emerging? Or do I buy ARB and get LEO? Some days I wish I didn't overcomplicate everything🙂.
!BBH
We've responded to this question many many times, but let's go again!
Our integrated on/off-ramping aggregator service in turn works with many companies around the world, but not all assets are available in all regions.
We have live support agents available both on the website and through the app as well as trying to keep up with dozens of other communication channels, so "we won't tell you why" isn't really a fair assessment of our willingness to respond to questions!