How To Transfer HIVE Tokens To Ionomy For Trading (Easy Tutorial)

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Why @ionomy? Because the service is fast and doesn't require KYC to be able to make your transactions from token to token. It takes less than 5 minutes to sign up for an account and you can start trading on their site immediately, which is good if you want 'quick & almost instant' transfers.

Do take note however, NEVER store bulk of your tokens in any exchanges because they are prone to hacks but instead, store them in cold wallets AKA Offline Wallets. (Google 'safest way to store your crypto' and read more there)

Today, as easy as using Ionomy exchange sounds, I know being someone who is not well versed with crypto such as myself, this guide may just come in handy at solving your FAQs and probably saving you time and chances of losing your tokens.


Using Ionomy.com

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First, login to your account. Enter your 2FA Code if you've enabled it. I would highly advice you to have this security feature enabled for an extra layer of security. 2FA Codes needs to get permission from your handphone to approve your login. People won't be able to login your account unless they get a hold of your handphone. (This feature can be enabled when you've login into your Ionomy account)

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Once you've login, you'll be directed to your 'wallet'. Here you can see your transaction history, and assets.

Since we are talking about transferring HIVE Tokens, Select the HIVE barcode as shown in the photo above.

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TWO Important things you should take note of : (1) Account to send to and (2) Hive Memo Code

All you have to do is send the amount of HIVE you want to the account @ionomy on HIVE and paste the EXACT memo code given above.

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Head into your Hive wallet, for me, I am using peakd.com.

Under Hive Tokens, click send.

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Enter in your details.
(1) Make sure the account you're sending to is ionomy
(2) Enter the amount of HIVE Tokens you want to send.
(3) Paste the memo code you've received previously in ionomy.

Click Continue to Send.

Note that if your memo code is pasted wrongly, your tokens may be lost

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You'll need to approve your transaction with your private active key.

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Head back to Ionomy.com and you will see your transactions appear under your wallets tab. It usually takes a few seconds to go through. Being the HIVE Blockchain, it's VERY FAST.

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Head back to the markets.

Here, select HIVE.

(1) BTC/HIVE pairing means that you will SELL your HIVE tokens for BTC or BUY your HIVE tokens with BTC.

(2) Choose the action you want to do for this BTC/HIVE pairing.

You can choose to trade other available tokens that are listed there as well. It may seem scary at first glance, having to see all the red and green sticks on the charts but do some research on google and you'll pick it up fairly quickly.


Register Here

If you find this tutorial helpful, you may use my referral link above to create your account and start trading HIVE tokens on Ionomy now. Thank you

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Hi @zord189 your post was very useful to me to pass my SBDs for ionomy, it was very easy actually. Now I want to buy Hive, I hope I do well with your explanations. Grateful.

That's great to hear that you've used ionomy

Con los HBD es el mismo proceso?

HBD is same process

I really liked the simple easy to use user interface of ionomy. But I've been hearing problems with deposits/withdrawals which kinda makes it a bit risky. Do you happen to have any updated info on this matter?

I haven't heard of any problems on ionomy so far. Wat was the problem?

Withdrawn HIVE were not reaching people's wallets.

Oooo, that's bad. I've actually not withdrawn any HIVE Tokens before. Mostly just trading to BTC.

Too cool. I really like the lack of KYC. That's a big plus!

Yea! I think small time traders can just use ionomy for quick transactions.

excuse me, what does KYC stand for?..

"Know Your Customer". It's a series of US based rules that require financial institutions, such as a bank, to obtain proof of their users (such as by providing a picture copy of their driver's licence) before allowing the customer to use the bank's services. Ostensibly it is to prevent fraud, but it might also be used to be able to track individual people's assets for tax purposes.

i.e. deanonimizing. thank you! got it.

How to trade IONSXL on ionomy?

When you receive your IONSXL airdrop, it is locked in your assets for 7 days before you can start trading them.

Have you received yours yet? I haven't received mine, wondering how long it takes.

I actually have tried, @erickpinos. It took less than a minute to receive my transaction. Remember to verify your withdrawal from your email

Thanks it worked. Like most others I only saw the the "ION" and mistakenly didn't check the "Assets" tab for the IONSX.

Ur welcome!

Thank you for your prompt response.

Finding an exchange that is useful, thanks for handy tips!

Reblogged.

However, I am still thinking about it.

Not usable in the United States...