My first withdraw with HIVE 😊✌️😊

Hi everybody! I am glad I have just made my first withdraw with HIVE. It was a long journey, but also a fantastic one!

Considering that I am new to crypto, I wanted to test how does that works with a small amount of HIVES. So, I changed some HBD and Tokens into HIVES in order to later transform them into cash.

The HBD transaction into HIVES took 3.5 days whereas for transforming Tokens into SWAP.HIVES via Hive-Engine depended on the Market Place. I put some of my tokens at the lowest price since I didn’t have too much and wanted to be sold faster. I also had to send the SWAP.HIVES from Hive-Engine to Hive Wallet.

Finally, I sent all the HIVES to Binance crypto wallet via wallet.hive.blog. You need additional data from Binance wallet, such as Hive address and Memo, which you find on the HIVES deposit tab.

In order to cash out my HIVES, I further had to convert them into USDT coin via the marketplace and directly to EUR afterward. I first thought to trade them into BTC but I changed my mind and continued with USDT. I thought that HIVES into BTC could be sold less easily than HIVES into USDT. Luckily, I was right.

EUR was finally the coin I preferred since it had a small fee for me and gave me the possibility to send the EUR to my local bank. The transfer to my local bank was very fast. I went to smoke a cigar and when I was back the money was in my bank account.

I know it might seem a lot for a beginner, but after trying it a couple of times you can get used to it.

Anyway, don’t forget to keep your funds in HIVE for a long time and generate new content as well in order to have great assets.

Best!