Transferring money from ReadCash to HiveBlog, is it possible?

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Avatar for mc5punk
2 years ago

Since the beginning of this year I have been working with the HiveBlog page, a page that is similar to the style of Steemit and ReadCash, where we can publish articles with content of our preference. And so far I must say that I have had my good and bad moments on this platform, this, because for all those who are initiated suffer from the limitations to their publications, either with their content, comments, votes, etc; and because of that you have to wait a certain amount of days to recover "energy" or "power" to continue with your activities. But, there is a question that must be taken into account, and it is that everything can change unless you decide to invest a certain amount of money so that you can be active constantly, and for that you must have stored at least the minimum of 10 H.P. (Hive Power), and that this amount of money will be enough for you to continue your activities. (Hive Power), and such information I had taken from a comment published in a video tutorial that explained about this type of cases within this platform, so until today it was just for me a speculative information, so I decided to risk to check its veracity using a small amount that I had available in ReadCash.

For all this I had to go to my Hive account, specifically in the Wallet section to look for the Hive option (which is the platform's currency), "buy". Once there we are redirected to another page called BlockTrades, in which, we proceed to open a profile account in case we don't have one and once we have it ready we are shown a conversion table in which we must select the currency and the amount we are going to use to send to this site (in my case I used Bitcoin Cash), and then it gives us the equivalent in Hive. Then we enter the name of our account in Hive Blog, and then select the option "Get Deposit Address", which is nothing more than the shipping address, and that we must place in turn in ReadCash when we want to extract our money from that place to our usual wallet but in this case will be for BlockTrade.

In short, I got to place the equivalent of $5 that I had saved in ReadCash to transfer it to BlockTrade, and that the sending process took about 35 minutes. After that waiting time the money arrived without any problems and automatically was already available in our HiveBlog wallet to transform Hive in HP, which I did immediately to start checking the information that manages so far, and I must say that yes, in cash you can comment, vote, publish, among other things without limitations.

I know this story is simple but I feel it can be useful for all those who are newbies like me in the management of these platforms.

Without further ado, I'll see you in the next installment and remember to leave your impressions in the comments box, I'll be glad to read them.

Best regards to all of you.

Image source

Image edited with Gimp.

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2 years ago

Comments

Oh hey there! Yeah, I tried it too and it's fast. What's your Hive username?

$ 0.01
2 years ago

My username on Hive is @mc5punk. What is yours?

$ 0.00
2 years ago

Oohh so you really have to store HP for limitless activities. I don't have Hive acc but I am thinking of making one

$ 0.01
2 years ago

Try to create a profile on Hive, it is worth to have it as an extra income and as an alternative platform to reach other audiences.

$ 0.00
2 years ago

For me it was exactly new thing brother. Thanks I have joined Hive platform and I am hopeful it will help me a lot for transfer of Money from one platform to other one.

$ 0.01
2 years ago

Good to have you there too, my friend. I wish you success in Hive.

$ 0.00
2 years ago