How are you sending money to Coinbase? Do they have a Hungarian bank account or are you using some kind of international transfer system? I have to go through a two step process to get Hive. I first buy a more popular currency at my local exchange. There are ArgenBTC, SatoshiTango and Ripio. ON those you can change pesos to something popular. Most of which are not stablecoins. The only stablecoins available are USDT, USDC and DAI. The one with the lowest spread is BTC. I have been using LTC because I'm worried about fees and you cannot even control what fee to try with centralized exchanges. I want to create a kind of system so that anyone who has BUSD can buy HBD for prices very close to $1.000 BUSD. and sell for close to $1.000 BUSD.
- The first 400 HBD costs $1.0025 BUSD/HBD,
- The next 400 HBD cost $1.0075 BUSD/HBD.
The proceeds to the sale will be used to create an orders selling BUSD for $1.0075 HBD,
These users have posted using the hbd or busd tag recently:
@penguinpablo, @vikisecrets @cronos0 @thehive @brightstar @realitavshaluan
@miingjazz @chinito @dudeontheweb @gadrian @iasplan and @rudex over on Steemit.
These users recently withdrew HBD via Bittrex: @yunnie and @rach. These other users have been getting amounts of HBD from appears to be an exchange @ hot.dunamu: @chaoxing @jupiter70, @dragonq @rohandr @raws @hivekorea. Then there are blockchain users getting HBD: @luismidrogo,
Perhaps they would be interested in buying extra HBD on Ionomy if they new how reasonably priced it was. @blocktrades deals with HBD. That user could eat all the liquidity completely, but if that happens I can simply create an order of 804 BUSD for HBD.
Technically it is international transfer. Both with withdrawing funds, and also with depositing funds. Nowadays financially I cannot afford the latter. My bank exchange the Euro to HUF in case of withdrawing funds. This has a certain transaction fee, but other than that it works properly.
Nowadays financially I cannot afford it, but this would be the same for me too, because Coinbase currently do not support Hive.
I also use Litecoin (LTC), when I sell Hive or Hive Dollars (HBD). I use it (and other cryptocurrencies too) to avoid the high transaction fee of the Bitcoin (BTC).
I use Blocktrades to sell Hive and Hive Dollars (HBD) to other cryptocurrencies.
I think you have access to other cryptocurrency exchanges you don't know about. I mostly look for options available in my own country as it cuts down on fees. I make sure not to keep money there for long periods of time longer than a day or two and when first trading I trade with small amounts in order to lower the risk of some surprises I may get. You may want to stick with Coinbase, and that should work out for you if your government stays on their good side. 😁
It's too bad you cannot get cryptocurrency directly from someone in Hungary.
If this is their good side, then I do not even want to know their bad side. But I hope for the best. Fortunately/luckily nowadays at least Coinbase is working properly. I am looking for a solution to avoid having to pay the high rent and the also high regular monthly bills from the next winter, and cryptocurrency is helping a lot in this, so hopefully it will continue to work in the future too.