How to use blocktrade.us to get your first HIVE - Just wanted to share some experience as of OCT 2022 about how to get some #HIVE quickly as newbie. This is by no means the only or the best option (see at bottom) but as newbie it “worked out fast n great” as started my HIVE chain journey just few weeks ago.
Firstly I learn that HIVE has NO onchain address string like BTC or others do. Hive #wallet is identified by its transparent userID which is the only thing needed to receive or deposit any HIVE
Then after some searching, found a bunch of exchanges where HIVE can be traded or swapped – most of them after visiting did not look suitable enough due to various reasons (out of scope to be detailed here like KYC /CC/etc) – but found http://blocktrade.us/ [BTW blocktrade is top HIVE "witness node" found later]
#Blocktrade.us basic registration needs a valid emailID + verification and then user is ready to use basic swap from all major crypto <-> HIVE #LTC (perhaps DOGE n BCH) is best one with lowest onchain fee n widely supported from exchanges/wallets and hence chosen (also default showed)
The next step is fill-up how much LTC u want to convert and their system auto display equivalent quote in HIVE at the time. Once user is satisfied and ready (i.e. LTC is wallet opened, ready to send) then proceed to next major n final user interactive step – press “Get Deposit Address”
That’s it, now u get see the LTC deposit address and users can proceed to whatever LTC wallet they are using to send the exact amount which they input to convert to HIVE
Once you send and observed the tx in LTC explorer with some confirmations you will almost immediately notice the status in blocktrade transaction status panel as it happens. Additionally check your Keychain HIVE wallet as well hiveblocks.com/@stc786 to verify status of the transaction
Since did not face any issues so nothing done about more debugging other than monitoring “Pending” and “completed” tabs of blocktrade.us dashboard. Hope this helps all newbies in HIVE swapping / exchanging – Good Luck 🙏 Thanks for reading
http://jack755mai33e6akdnaux3mto6mqcak3baz7sfialomrtj6fhk26qfyd.onion/
https://hiveonboard.com/?ref=stc786 use if you didnot open hive.blog yet
