As one of the most popular cryptocurrency exchanges, Binance is a go-to place for many crypto investors. However, not all cryptocurrencies are available on Binance and HIVE is one of them. So, can you buy HIVE on Binance?
The short answer is no, you cannot buy HIVE on Binance directly. However, there is a roundabout way that you can do it.
Here’s how:
First, you need to purchase another cryptocurrency that is available on Binance such as Bitcoin (BTC) or Ethereum (ETH).
NOTE: This question is often asked by those interested in investing in the digital currency HIVE. While Binance does support trading of various cryptocurrencies, it does not currently offer HIVE trading. Therefore, any attempt to purchase HIVE on Binance should be avoided as it is not possible at this time.
Next, you need to transfer your BTC or ETH to an external cryptocurrency exchange that supports HIVE trading such as Bittrex or Upbit.
Once your BTC or ETH arrives at the exchange, you can then trade it for HIVE.
So there you have it – even though you can’t buy HIVE directly on Binance, by following the steps above, you can still indirectly purchase it.
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