BlockTrades and Hive Eco System for New Beginners
Good day to everyone. Hope you're fine and cool considering the crypto markets are deep. I just decided to share with you some important information about #blocktrades as a new beginner to #hive through #leofinance as managed by @khaleelkazi who you can follow to see other people's posts about the crypto markets nationwide.
BlockTrades Brief Background:
#blocktrades is one of the fastest blockchain exchanges for cryptocurrencies. BlockTrades is a popular and registered trading exchange company, especially through the Hive blockchain ecosystem. The company is functioning from Cayman Island. One major thing I will like you to understand as an old or new investor to crypto trading is that #blocktrades original equipment manufacturer (OEM) has the capacity for offering APIs for interaction and digestion with other popular crypto-currency exchanges In the #crypto markets.
Most #blocktrades popular crypto exchanges include #btc, Bitcoin Cash, Bitcoin SV, Ethereum, Litecoin, #hive, Hive Dollar, Dogecoin, USD coin, USD tether, #bitshares, BitUSD, Dash, Monero, etc. One major thing I have understood about #blocktrades is that its exchange is very cheap, fast, and compatible with other exchanges like #leofinance.io, Hive.io/eco, BTC exchange, Ethereum exchange, Binance.com exchange, Gate.io, and many others.
Brief About Crypto Markets as 24th February 2022:
Trading is one of the things that are expected of you as a crypto investor but the problem is whether you which to trade long or short. Crypto trading is a risk and profiting business that every investor must take note of. As of the time of writing following USDT exchange rate value #btc all-time high was about $39,231 and its all-time low was about $34,333 per coin, #hive recorded its all-time high $0.8742 and its low was $0.7081 per coin, #leo recorded $6.3645 and low at about $5.5200 per coin, #steem recorded about $0.3283 high and $0.2642 low per coin in the crypto market viewed through #gate.io. Looking at the crypto market today been Thursday of 24th February 2022, all crypto-currency is down due to the result of the Ukraine and Russia issue.
As a new beginner to the crypto business “you might understand this” but only those who have been in the system will do and allow their coin to relax and grow later. As of November ending 2021, BTC and other cryptocurrencies have been down till now.
Most new investors are lamenting that the crypto business is wicked and dangerous but to me as a writer and investor. I believe this is normal to the crypto market. For the whole market to be red does not mean it will not go green. All I know is that BTC will climb $100,000 per coin before 2022 end but nobody knows when it will happen.
How to Place a Withdrawal from Hive Eco System to Other Exchanges through BlockTrades:
As a new beginner to the hive ecosystem, remember before trading any of your tokens that the longer you keep holding is the more you keep influencing other people's vote through hive power HP. I suggest as a new beginner that you should at least allow your token to stay for some time before considering trading them.
Steps for Withdrawal;
- If you’re ready to trade with #blocktrades, you should get yourself a well-identified and valuable email. Then proceed to sign up with your email through https://blocktrades.us/en/trade. After you must have created the email with BlockTrades, you should go to that same email and confirm through a link that will be sent to you from BlockTrades.
- You can now log in to your email through https://blocktrades.us/en/trade.
- Select the exchange that you wish any of your tokens from the hive ecosystem to be transferred to. For example; choose any token like BTC, Litecoin, Ethereum, Hive, and others from Gate.io, Leofinance.io, Binance.com, Trustwallet, and many other exchanges.
Mind you that the sample above shows that you’re withdrawing Hive Dollar from your Hive account to be changed to Litecoin through the wallet address of the Litecoin you provided.
- Make sure to provide a correct wallet receiver address from any crypto exchanges of your choice following the examples above.
- Place your withdrawal
- Enter the hive account user name you wish to withdraw from
- Confirm the transaction using your hive account signer
- The select approve.
Within a few seconds or minutes, if your network is stable, the money will appear in your wallet.
Note: The information I provided here about Blocktrades and Hive EcoSystem is all that I know for now and I advise you read other people's guard lines for more details.
Posted Using LeoFinance Beta
