Trade HIVE to BTC on Beaxy

HIVE is a blockchain that aims to bridge the gap between the blockchain sector and conventional social media. The protocol is fast, scalable and feeless. You can buy, sell, or trade HIVE when you create, verify, and fund your free account on Beaxy Exchange. Visit Beaxy.com to get started and follow the steps below.

HIVE profile

Features of HIVE

Socially-Driven Content Creation

The HIVE protocol features a social media branch that allows content creators to publish blogs to an engaged audience that can reward creators with HIVE tokens for producing high quality content. This promotes an improved incentive structure from legacy media outlets in regard to creating news articles that are factual and substantive. On HIVE, you get rewarded more so for the quality of the content you produce than the sheer amount of people that consume the content.

Low-Cost Operator

HIVE is a cost effective protocol that does not apply a network fee for sending or receiving HIVE to and from a supported wallet. HIVE features a robust second layer that has support for decentralized applications (dApps) and allows for the exchange of Non-fungible tokens (NFTs). NFTs are used to tokenize individual assets. For example, artist can easily create a custom NFT token that it used to cryptographically prove the owner of the art created by an artist. This allows artists more avenues to generate revenue and also allows for market participants to invest in art in ways that could not be done before. HIVE is seeking to broadly improve the market for NFTs by maintaining a network that is more cost effective.

Frequently Asked Questions

HIVE Technology

The HIVE blockchain enables near instantaneous value transfers across borders. The technology allows for participants to fully own and verify data, identities, and connections on social media. The platform can be used to play interactive games without incurring gas or network fees.

What is HIVE?

HIVE was created through a hard fork of the STEEM network after it was taken over in a hostile manner by a centralized organization. Former STEEM community members were dissatisfied with the centralization of the platform so they created a new version that would reintroduce the decentralized structure from before. HIVE is an interactive blockchain that allows for participants to earn crypto by producing and consuming quality content that is published online. The platform is fast and without network fees.

How to Mine HIVE?

HIVE is not mined like traditional cryptocurrencies, it is primarily earned by content creators on the network. The majority of HIVE tokens in circulation were created as a result of a hard fork with the STEEM blockchain protocol. To earn HIVE, you can produce blogs and other content fit for the internet. Content consumers can apply HIVE tokens to high quality content that incentives writers to go above and beyond the normal standards of online content publishing. Aside from earning HIVE, the token can be acquired by trading or purchasing the asset on a digital asset exchange such as Beaxy.

Risks of HIVE Trading

During trading with any cryptocurrency, one should not forget about the risks. In this case, it is Investment Risk, Regulatory Risk, and Security Risk. Investment Risk The Cryptocurrencies market suffers from intense levels of volatility from time to time. Investing in HIVE does not necessarily equate profits. You should be fully aware of the risks of cryptocurrency trading before investing in it, as you could potentially lose more money than you began with. Regulatory Risk Cryptocurrencies are decentralized, which means that they are not controlled by any government institution in the world. Cryptocurrencies have attracted controversy in recent years due to its sudden rise in the trading industry. In the future, this could lead to governments creating regulations and sanctions on cryptocurrency trading in an attempt to control its increase. Ensure that you know the risks before you begin investing in it. Security Risk While cryptocurrencies are created with encrypted data, the possibility of cyber theft is still possible in the industry. Once the cryptocurrency you purchased is in your hands, you have the full responsibility to secure it. The safest way to ensure the security of your asset is to use an offline crypto wallet that is not connected to the internet. An online crypto wallet that is stored at an exchange is more at risk of getting stolen by simply hacking your account, while offline crypto wallets will require your private keys.

Invest

HIVE on Beaxy

Trade other cryptocurrencies on Beaxy

TRADE BTC

USDC is a stablecoin and its value is anchored to that of the United States Dollar.

TRADE ETH

ETH is the native currency of the Ethereum Blockchain, a programmable protocol that supports applications like smart contracts.

TRADE BXY

BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.

TRADE NEO

NEO is an asset run on a distributed smart contract platform. You can exchange NEO and BTC when you place an order on Beaxy.

TRADE XRP

XRP is a cryptocurrency known for speed and use in global banking. If you’re interested in XRP you can navigate to the coin page to learn more, or the trading page directly to trade.

TRADE LTC

Litecoin and Bitcoin can be directly swapped for each other on Beaxy. Using the LTC/BTC trading pair allows you to move directly between two of the earliest cryptocurrencies.

TRADE ETC

Ethereum Classic is a decentralized network that is tailored to application development. If you’d like to trade ETC for BTC, you can do so directly on the exchange page.

TRADE XMR

Monero was built for anonymity and is the most popular privacy-focused cryptocurrency. You can move in and out of BTC when you place an order with XMR on Beaxy.

TRADE EOS

EOS is the base asset of EOS.io, a smart contract platform that is governed by 21 block producers. Swap your EOS and BTC with ease on Beaxy.

TRADE BCH

You can easily move in and out of Bitcoin Cash on Beaxy. Swap Bitcoin Cash for Bitcoin directly by placing an order on the exchange.

TRADE BEAM

BEAM is a privacy-focused cryptocurrency that protects your identity. You can conveniently swap Beam and Bitcoin on Beaxy.

TRADE DASH

DASH is a decentralized payment solution that features instantly settled payments. You can trade DASH and BTC directly on Beaxy.

TRADE BAT

Basic Attention Token is the native asset of the Brave browser. You can earn BAT by consuming content on the Brave browser. Exchange BAT and BTC efficiently on Beaxy.

TRADE AION

AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.

TRADE MTL

MTL is the base asset for the Metal Pay ecosystem. MTL is used for quick and easy peer-to-peer transactions. Trade for MTL and BTC directly on the Beaxy Exchange platform.

TRADE ICX

ICX is the native asset of ICON, a decentralized blockchain network that focuses on interoperability. Seamlessly trade ICX and BTC on Beaxy.

TRADE VID

VideoCoin (VID) is a cryptocurrency that runs on the Ethereum blockchain. The asset is rewarded to producers and consumers of web-based video content. You can swap VID and BTC directly on Beaxy.

TRADE WAVES

WAVES is a cryptocurrency that is designed to cater to developers. You can conveniently trade WAVES and BTC on Beaxy.

TRADE ZRX

ZRX is the native asset for 0x, an open-source smart contract development platform. ZRX holders can use the token to vote on updates to the network. Seamlessly swap ZRX and BTC on Beaxy.

TRADE TOMO

TOMO is the base asset for the TomoChain platform which uses Proof of Stake Voting to reach consensus. Easily trade TOMO for BTC by placing an order on Beaxy.

TRADE GO

GO is the native asset on the GoChain network. GoChain uses Proof of Reputation as a consensus mechanism. You can easily swap GO for BTC on Beaxy.

TRADE LINK

Chainlink (LINk) is a decentralized oracle network that connects smart contracts on its platform to verifiable data hosted by nodes on the network.

TRADE DRGN

Dragonchain is a commercial-grade hybrid blockchain that enables developers to rapidly build private blockchains and decentralized blockchain applications.

TRADE NRG

NRG is a proof of stake platform that is enables the development and management of smart contracts. Exchange NRG with BTC on Beaxy.

TRADE POLY

POLY is the native asset of Polymath, a security token genreation and management plafotm that allows enterprises to seamlessly create legal and complaiant security tokens. You can trade POLY with BTC on Beaxy.

TRADE FTM

FTM is a smart contract platform that is modeled after Directed Acyclic Graph (DAG). Exchange FTM tokens for BTC on Beaxy.

TRADE ZEC

ZEC is a privacy focused digital asset that giver users the ability to choose between sending public or private transactions. Trade ZEC with BTC on Beaxy.

TRADE XSN

Stakenet is an open-source platform that is Lightning Network-readywith its native cryptocurrency – XSN. You can trade XSN and BTC on Beaxy.

TRADE USDT

USDT is a stablecoin that is pegged to the value of the United States Dollar. You can trade USDT and other stablecoins on Beaxy.

TRADE ALEPH

Aleph.im decentralizes the infrastructure required to scale dapps which still rely on some centralized components. Buy, sell, or trade ALEPH on Beaxy today.

TRADE HIVE

Hive is a social blockchain based on Graphene that laucnhed in March 2020. You can trade HIVE and BTC on Beaxy.

TRADE GUNTHY

Gunthy is the token issued by Gunthy LTD, which is to be used for the licensing of existing and future Gunthy LTD products. You can trade GUNTHY for BTC on Beaxy.

TRADE ВSV

Bitcoin SV aims to deliver stability and achieve scalability, something that the original BTC blockchain has struggled to achieve. Buy, sell, or trade BSV on Beaxy Exchange.