{"id":4390,"date":"2022-06-15T08:44:12","date_gmt":"2022-06-15T08:44:12","guid":{"rendered":"https:\/\/swapzone.io\/blog\/?p=4390"},"modified":"2022-10-04T08:43:28","modified_gmt":"2022-10-04T08:43:28","slug":"how-and-where-to-buy-hive","status":"publish","type":"post","link":"https:\/\/swapzone.io\/blog\/how-and-where-to-buy-hive","title":{"rendered":"How And Where To Buy HIVE"},"content":{"rendered":"\n

HIVE<\/a> is the native token for the Hive ecosystem, a sprawling network of apps and services that uniquely pairs social media and decentralization. It began as a hard fork of the centralized Steemit blockchain and aims to scale mainstream crypto adoption and preserve the core of decentralization. As the platform spearheads the combined evolution of social media and blockchain technology, you can make its HIVE token<\/a> the newest addition to your crypto wallet. Below is an easy guide on how and where to buy HIVE using Swapzone\u2019s fast and reliable trade aggregator<\/a>.<\/p>\n\n\n\n

Hive is web 3 optimized and allows users to post content in diverse forms. The peer-to-peer network facilitates interaction with posts and rewards participants in digital tokens rather than likes. The HIVE token powers the open-source network which currently hosts over 126 projects. Transactions are swift and cost-free, and users can build dapps relatively simply and cheaply.<\/p>\n\n\n\n\n

\"How<\/figure><\/a>\n\n\n\n

1. Visit Swapzone\u2019s HIVE Swap Page<\/a><\/strong><\/h2>\n\n\n\n

The first step to getting your HIVE tokens is navigating to the exchange page. Swapzone’s aggregator system is equipped with tools that make for an easy-to-follow and inexpensive process. Select what token you’d like to exchange for HIVE, Swapzone offers a range of options but we\u2019ll use Tether (USDT)<\/a> in this guide.<\/p>\n\n\n\n

2. How Much HIVE Would You Like to Get?<\/strong><\/h2>\n\n\n\n

You\u2019ll find two boxes on the swap site: the “Send” section where you enter the amount of USDT you\u2019d like to deposit, and underneath is the \u201cGet Up To\u201d box where you can view a rough estimate of the HIVE you will receive. Note that this value isn\u2019t exactly accurate and your returns post-transaction might differ slightly in some cases.<\/p>\n\n\n\n

\"How<\/figure>\n\n\n\n

3. Choose The Right Exchange For You<\/strong><\/h2>\n\n\n\n

After you have decided on the quantity of HIVE tokens, the Swapzone aggregator rounds up a list of crypto exchanges. The system divides the platforms into the fastest, the best rated, and those with the best deals. Choose one that fits your expectations and press the blue exchange button once you\u2019re done.<\/p>\n\n\n\n

\"Choose<\/figure>\n\n\n\n

4. Fill In Payment Details<\/strong><\/h2>\n\n\n\n

Now you have a platform that caters to your needs, this next step is crucial to the whole operation. The wallet details page will require you to enter your HIVE wallet address, you will also have to provide a USDT address for a refund in case the transfer fails. Additionally, you can drop your email if you\u2019d like Swapzone to send you news updates and offers.<\/p>\n\n\n\n

To conclude, double-check all the figures to ensure everything is in order, tick the terms and policy box, and finally, hit the blue proceed to exchange button.<\/p>\n\n\n\n

\"Fill<\/figure>\n\n\n\n

5. Transfer USDT<\/strong><\/h2>\n\n\n\n

Next, you have to pay the exchange fees, this is the amount of USDT tokens you entered into the send box earlier. All you have to do is transfer the funds to the deposit address on your screen. Make sure you have the right quantity of the USDT and more importantly, the correct address. It\u2019s essential to be careful because you\u2019ll lose your tokens if you make the transfer to the wrong wallet.<\/p>\n\n\n\n

6. Purchase Complete<\/strong><\/h2>\n\n\n\n

You\u2019ve deposited the USDT, now all you have to do is wait for your HIVE tokens to arrive, just check your wallet to confirm. Swapzone\u2019s aggregator system has brought you the best market rates and allowed you to make a quick and easy HIVE purchase.<\/p>\n\n\n\n

\"Is<\/figure>\n\n\n\n

Is HIVE A Profitable Investment?<\/strong><\/h2>\n\n\n\n

Hive is dedicatedly expanding its application to provide easy entry into a decentralized space. It hosts a myriad of dapps, APIs, and other projects, and its broad utility makes it attractive to a wider user base; content creators, developers, investors, and other types of participants.<\/p>\n\n\n\n

The user-driven approach of the HIVE token\u2019s underlying platform makes it a good asset to hold long-term. The network promotes community participation and interaction, HIVE is a big part of this as it functions as an incentive. As stated earlier, the network rewards users in tokens rather than a thumbs up or a heart. Hive also carries features such as interactive P2E games, identity management, polling systems, and micro-loans.<\/p>\n\n\n\n

Coingecko<\/a> reports a current trading price of $0.34, this is a 90% decline from HIVE\u2019s November 2021 record high of $3.41. It\u2019s a steep drop in 7 months, so it makes sense if you have concerns, but let\u2019s see what analyst have to say about the token\u2019s future.<\/p>

Digitalcoinprice<\/a> has HIVE put down for steady growth over the next couple of years. The deep price predictor don\u2019t see the token hitting its former high anytime soon, however, it expects it to surpass the $2 within the next eight years. Tradingbeasts<\/a> paints a similar picture predicting several fluctuations for HIVE but also a 2025 max price of $0.94 and a $0.40 support region along the way.<\/p>

Finally, Priceprediction<\/a> is  the most bullish of the HIVE token, with analysts expecting a bullish run leading HIVE to trade at $15.32 by 2031.<\/p><\/blockquote>\n\n\n\n

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