RE: Can you Hive to Survive?

[jin-out]

Beautiful photography and very heart warming personal experience.

Thank you for sharing!

BTW how do you actually use HIVE to pay for your living costs? I'm still quite new to this. @taskmaster4450le @mrprofessor any advice?

Thanks guys

Comments

[mrprofessor]

Hey @jin-out, you don't use Hive directly to pay for stuff but rather convert to the fiat currency you need in the occasion. There are many ways you can do that: sell at an exchange and convert to your country's currency; or use a crypto Visa/Mastercard card; or sell directly to someone who's gonna pay in the fiat currency you need (P2P).

[jin-out]

I see.

I'm still quite new to this. So does that mean you'd sell Hive to say USDT and convert that to fiat currency of choice?

[mrprofessor]

Could be, if the exchange/card you are using supports USDT.

[krazzytrukker]

@jin-out

I use Blocktrades to send Hive as Litecoin to my Coinbase or Gemini exchanges that are connected to my fiat bank account. BTrade works great with Hive and fees are low.

https://blocktrades.us/en/trade

[jin-out]

Got it, thanks for the tip. I do have a Gemini account as i have brave rewards and get the BAT.

I am also thinking of converting Hive to Litecoin and then exchange it to a giftcard or something. Maybe i could convert straight from the HIVE currency. What do you think?

[krazzytrukker]

Gemini does not trade Hive. I have used Bittrex for that. Litecoin has cheap transaction fees. I like Gemini. I also do the Brave BATS. ;-)

[jin-out]

Thanks for the heads up! I also use Coinex, so i can trade Hive into LTC that way.

Do you do the presearch cryptocurrency engine as well?

[krazzytrukker]

Yes I do..;-)