You are viewing a single comment's thread from:

RE: How to Make Hive Rich (And Maybe Ourselves Too)

in #hive3 months ago

I need a better way to buy Hive right now. Bittrex and Binance are both gone, and I don't have a good and easy way to buy and sell Hive.

I had a grid bot on Bittrex playing the arbitrage game on Hive for a bit, while it lasted. I'd do it again in a heartbeat if there's a good spot for buying Hive. Hell, I'd buy more Hive again if it was easy to do so right now...

Sort:  

Bittrex, yeah.. but why do you say Binance is gone too? I didn't notice any shutdown notices.

For Americans, it is. Binance.us is long gone. Blame the SEC.

Aaaah alright. I'm in EU. Yeah, I heard about it leaving the US. Just didn't connect the dots. When you called out Bittrex, I thought Binance is totally going down. Phew!

The easiest way to buy (or sell) hive, in my opinion, is to purchase a major crypto (bitcoin, litecoin (my preferred one), etc.) on whatever your favorite exchange is, transfer it to hive-engine for swap.btc/swap.ltc/whatever, then trade for hive.

The only problem with that is in the reporting for tax purposes. I pay 20% capital gains tax each time currency is converted. FGSFDS...

I'd rather have a straight Hive/USD trade and be done with it. I blame Gary Gensler for the troubles we face on that front...

Loading...