Guidelines on how to buy hive using blocktrades

Wednesday 17th of August 2022

Are you out of resources credits (RC) and you need hive power (hp) to power up, or do you want to buy more hive to increase your voting manna?, do you want to sell your hive backup dollars (HBD) to other cryptos?. Blocktrades is definitely the best site you need to carry out easy and fast exchanges.

I joined hive about five months ago, have been staying offline for some days to get enough resources credit to carry out my hive works and have been looking for delegators to give me some HP to perform a smooth hiving micro blogging activities, i really find it extremely hard to find delegators luckily i came across a site which gives out free HP to power up, that definitely giftgiver.site, am not always lucky when it comes to free HP, so i look for a way to extend my progress and i found out that blocktrades is the best option i need to buy hive and also sell hive backup dollars.

What is Blocktrades ?

Blocktrades is simply a site or system where you can buy hive,hive account and hive delegations with some accepted cryptocurrencies. Blocktrades is easy and fast exchanges which works perfectly for the transferring of accepted currencies to hive and hive to other currencies.

Blocktrades is a trust domain which hive.blog administrative support the campaign, it is a trusted site which works smoothly in trading of hive to different currencies and vice versa.

Am going through a little self explanatory guidelines for newbies who wants to buy hive using blocktrades, it a simple process but some still needs explanation that why am making some clear fact about how the site functions

Note that not all cryptocurrencies are supported by the server some are still under maintenance, i will advise you to use the currency which are not under maintenance cause they will work perfectly fine and bitcoin (BTC) have a high Network fees!

Here are the pictures of some of the currency accepted by the server note some are still under maintenance and some are not authorized and don't forget that bitcoin has a high network fees!

Guidelines on how to buy hive using blocktrades;

Step 1, identify your deposit currency

This is what i do first when am about to buy hive using blocktrades, you need to identify your deposit currency, here at the above image you can see i use bitcoincash (BCH) 0.0099 BCH was automatically calculated to 2.133 hive instantly, the price can sometimes increase or decrease have it in mind that it works with the markert chart too. It really easy to do this after you signed in.

Step 2, identify your receiver address;

The next steps which you gonna be passing through using blocktrades will be this, you need to know your receiver address name (you know hive don't use addresses like other chains it uses name so you need to use a valid name), and note don't you go to the next step without you seeing a valid address when you see a valid address you are ready to go. You can set a memo for your transactions it not necessary though, but you can use it if you wish too.

Step 3, The deposit address

This is very compulsory for you to get your hive, you can see the deposit button below the memo name when you are selecting receiver address, you can get a new deposit address if things go the other way wrong.

Step 4, it done !

After you i sent the exact amount i want to deposit to buy hive, the site will confirm the transaction instantly and next it the waiting stage after the waiting stage it done you will receive your hive from @blocktrades he or she will send your hive to you. Note that sometimes it takes time for you to receive your hive and when it goes the other way wrong it will be a fail transaction you will have to try again but the truth is that does not happens to me and am sure it will not happen to you too.

This is a simple guide on how to use blocktrades. I create a challenge for you it will be about you using blocktrades to buy hive, sharing your experience just like i did with images, use the memo "first trading with blocktrades" the winner will be picked by me and he or she will be awarded with one hive and one hive power 😁, don'tforget to tag me so i can get noticed the entry will end on Friday on the 19th of August 11:59pm, Don't also forget to drop a image that you have received your hive from blocktrades here is mine below using peakd,wish you good luck!

Articles was also published on hive.

Thanks so much for reading.

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