How to Buy HIVE Coin? What Is Hive Blockchain?
Hive is one of the major blockchains launched in 2020. It moved into its own network after being branched out from the Steem blockchain in March 2020. Thanks to its emergence, the path to Web3 simplifies, and its native HIVE cryptocurrency brings even more benefits to the holders. Read more about how to buy HIVE coin in the new StealthEX article.
What Is Hive Blockchain?
Now, we’re living in the Web2 era, and although being advanced, it has numerous shortcomings. One of the primary cons is censorship in average social media platforms, which makes it harder for developers to bring their projects to life.
However, Web3 solves this problem, and Hive blockchain provide access to an ecosystem of uncensored social networks, communities, and token-based economies. With it, it’s easier to create dApps and use tokens inside them.
Another benefit of this blockchain is publicness, meaning thousands of users can rule it, and everyone can build their Web3 apps. As for now, there are approximately 126 projects. Besides social networks, it has other platforms, including:
- Games (Ape Mining Club, Rising Star).
- NFT (NFTShowroom, HivePunks, dCity).
- DeFi (DLease, Tribaldex).
- Tools (HiveBuzz, Hive at Ausbit).
- Video (3Speak, Vimm).
What’s more, this blockchain is focused on creating a reliable ecosystem for the large-scale incorporation of users. There are several protocols inside Hive for developers and users. This decision makes it easier to interact with the blockchain, regardless of the number of users. It makes Hive the most secure place for mass Web3 adoption.
A Blockchain for Everyone
Although the main thing you will find while searching for “What is Hive Blockchain?” is that it provides a set of tools for developers, the Hive crypto project also lets gamers earn with Splinterlands. By completing in-game tasks, a player receives a HIVE token. For extra income, users need to stay active in the SplinterTalk community.
Creators also earn extra by selling their NFT art via NFTShowroom. Over 1,7 thousand creators have already sold their works via the marketplace, and their overall income has reached a 464,5 thousand HIVE coin point.
HIVE Coin Price Prediction
As for recent Hive blockchain news, over 2,3 million accounts have been created on the platform, and with new dApps appearing thanks to the provided tools, the HIVE coin price is growing.
According to WalletInvestor, the HIVE crypto price will reach $2.47 in December 2022. PricePrediction experts even suppose it will be close to $4.48 in 2025. Gov.Capital is more positive, saying it will reach this point in September 2023.
Is Hive Blockchain a Good Investment?
After all, Hive Blockchain has done its best for making developers and average users to Web3. With the possibility to be held on trusted wallets and the advancing utility, HIVE attracts more investors.
How to Buy HIVE Coin?
Thinking about how to buy HIVE cryptocurrency, choose StealthEX. Offering over 400 coins, this exchange allows users to complete transactions quickly. Provide only basic data, pick a suitable rate, and get your tokens with no hidden fees.
Just go to StealthEX and follow the instruction below. Let’s imagine you want to exchange BTC to HIVE. To make an exchange, you need to take a few simple steps:
First, you should choose Bitcoin in the left drop-down list. Then choose HIVE token in the right list of coins.
After setting the pair it is necessary to enter the amount of BTC you want to exchange.
Here you will see the estimated amount of Hive coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
In the second step, you need to provide the HIVE recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your BTC coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending BTC coins to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your Hive coin.
Completion of the Exchange
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that HIVE coins were sent to your wallet you can also use the Output hash shown on this page and check it in the blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your Hive coin wallet to be surprised at how fast you got HIVE crypto. Usually, the process is quite rapid so you won’t need to wait long.
And by the way, don’t forget that now our users can purchase cryptocurrencies using fiat and we still offer the opportunity to buy crypto at fixed rates!
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