How to convert your hive to fiat for withdrawal on binance exchange

in The City of Neoxian4 years ago (edited)

The last time i discussed about how to deposit your hive to binance wallet which is an exchange, it is kind of similar to other exchange site too, just get your address and the memo and you are safe to make the deposit which you will receive within few minutes.. Here is the link to the first tutorialhow to register for a binance account and deposit your hive .. click the link and you will learn how to deposit your hive so you can follow me in today's tutorial of how to convert your hive to your country currency...

I will be converting my hive to naira which is nigeria currency, you can do that as well with your own country... The first step is depositing a good amount of hive in binance which has been covered on the last post and after that you will need to convert those hive to bnb first as hive/ngn pair isn't available ...

Here is my wallet balance and i am going to convert the 38 hive to naira, watch out for the steps ...

Step 1:- Click on market that the arrow is pointing at, it will take you to where you will see hive pairing

Step 2 :-

You will click on market and search for HIVE/BNB pair

Step 3:- It will show you three pairs
click the hive/bnb pairing


i sold my 38 hive for bnb and got 0.4088 bnb as shown in the screenshot... The next step is to convert my bnb to naira ,,,,,

I got 4000 naira by selling my bnb for my country currency..

That is the Naira showing in my wallet, it is quite easy right? you can also try it and tell me if you found it easy to do and if there is any confusion when you are trying to do it, just drop a comment and i will guide you...

Most exchanges do ask for kyc before they allow you to transact on their site so make sure you have done your verification with your valid id card so you can be able to withdraw your money without glitch...

GOD BLESS

Posted via neoxian.city | The City of Neoxian

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Great post. I know how to convert, but I still confuse, how to send amount of hive to binance account ?

am not sure you read the post, deposit of hive was the first thing i mentioned in the first paragraph which referred to you my previous post with the link to take you there for proper guidance on how to deposit your hive to binance..