I'm using ecency website not the application because I find it easier to use than the application
Let's start
1 . Press this 3 lines here shown below
2 . Go to Wallet
3 . Scroll 📜 down 👎
You will see this on your screen hive dollars
4 . Press this small downward arrow button and they will show you the options as shown below 👇
5 . Convert means it will convert your HBD (Hive Dollars) to Hive tokens it will take 3 days to convert
As you can see another 2 days it will convert my HBD to Hive as shown above
6 . If you transfer to savings it will transfer in few seconds but in order for you to withdraw you HBD from savings it will take 3 days and another 3 days to convert to Hive 🤠
So only keep it in savings if you plan to keep it long term if short term I suggest you keep in hive instead it's up to you.
7 . 20% APR - APR means Annual Percentage Rate you can read more about the meaning here If you keep it in savings you receive 📲 20% interest per year but they pay you monthly as well from my own understanding the calculation 🧮 should be 20% per year ÷ 12 months = 1.66666667% per month
Peakd
Hope that helps also someone ask me what is PeakD you can go to their website PeakD
Go to peaklock
It will ask you for a 6 digit new password 🔑 so basically you will need a new 🆕 6 digit password and also you posting key 🔐 so you can post in PeakD. PeakD is another famous Dapp in Hive that you can use.
This is how it looks like after you create the new 🆕 6 digit password 🔑 just put in your 6 digit password you're in Peakd
This is my PeakD page
Hope you learn something today 😊 any questions do ask on the comment section below 👇⬇️👇⬇️
If I do not know the answer to your question ⁉️ I'll find it for you let's learn together here in Hive 🤠
Thank you
@persephone87
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To my referral you can always text me personally 😉 thanks keep the questions coming
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Thanks for reading 🤠
All of this work is for me and my family, that's the future.
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I'm not a financial advisor I'm just planning for myself please be aware everything that we do there is risks involved
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I want to be successful enough to be able to bless others with my success.
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