Are you having trouble send Hive from Binance? Or changing it to HBD? You could use the internal market which you can find in the wallet section or convert with convert option again in wallet section. Peakd has the best options in the wallet page to find these things.
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No, no problem send Hive to Binance. I don't find button in my Ecency app "convert" from Hive to HBD. So I should go to my PC and do it there in wallet?
Yes, I think your best option is Peakd on a pc.
Thanks for a quick tip. Will check it out.
You should learn to use the internal market which is found on this link:
https://wallet.hive.blog/market
The first column on the page lets you buy HIVE with HBD. The second lets you buy HBD with HIVE. IT is a simple exchange that lets you trade between currencies.
The Convert Button does strange things. It is the mechanism that pegs HBD to the dollar.
HIVE guarantees that users can get $1 USD for 1 HBD. The convert HBD to HIVE button will burn the HBD and create $1.00 worth of HIVE. There is a 3.5 day delay and they charge a 5% fee. So, you should only use the convert process if the price of HBD is less than 0.95.
The convert HIVE to HBD process behaves in a similar fashion. You should only use it when the price of HBD is over 1.05.
In most cases it is best to use the internal market for your conversions.
PS: There is also pHBD HBD swap used for polygon. I think you should learn the internal market first
https://wallet.hive.blog/market
Posted Using LeoFinance Beta