The Difficulty of Buying $HIVE

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(Edited)

Since the day I joined the Hive Network, I shifted from one platform to another in buying $HIVE twice a month.

The first platform I used was binance. com. I forgot the exact month I changed to MEXC though the reason is still fresh in my mind. It was my second son who was doing the online transaction. When he told me that Binance was asking for facial verification, that was the time I migrated to mexc.com.

During those months, I didn't know that there was a faster way to buy $HIVE using Transak. It was @ifarmgirl who introduced this option to me. This alternative payment system can be found on the PeakD platform:

Transak2.png

Once you click that "with CC" tab, you will be directed to this page:

Transak3.png

You can change the amount you want to pay depending on your budget. Usually, I buy 2,000.00 PHP worth of $HIVE twice a month, during pay days. And so I change that 5650 to 2000. The minimum requirement is 1687:

1687.png

Click the "Buy Now" tab and you will be directed to another page:

Transak4.png

Input your Hive wallet address and click "Buy Hive" and another page will appear to confirm your order.

Confirm.png

Check that square to accept the "Terms of Service" and "Privacy Policy" and click the "Confirm" tab and you will be directed to GCash.

I forgot the exact number of months I used the Transak platform. Though the fee is high, I like the transaction speed. I hate returning to the GCash-coins.ph-MEXC way. Unfortunately, since I have been trying to buy $HIVE for several days already using Transak but without success, I was forced to return to the long process.

I don't know what's the problem with Transak or when is it going to be back. For now, whenever I try the platform, I keep receiving this notification:

Transak.png

Last night, I returned to coins.ph-MEXC way. The fee is small, just a total of 23.00 PHP, but the process is very stressful. Someone familiar with crypto will have no problem remembering the details. But for an aging man like me, if I do not keep a record of the steps, I think I will be lost. I don't want to bother my second son all the time and I want to learn this long procedure myself. In my next post, I will share the long steps in buying $HIVE. How I wish Transak would be back soon. If not, I wish that I could find another alternative that is simpler and faster.

Posted Using InLeo Alpha

cent someeofficial pob ctp hive-engine peakd transak mexc leofinance hive-167922
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12 comments
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I think the more you use MEXC, the easier it gets :) Hope there will be other easier and faster avenues that you can use next time.

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Yeah, when I was using MEXC twice a month, I could easily remember the steps. However, for months I was into Transak, and I forgot some of the details. It's good that I have a son to ask. I got stuck in searching for the XRP address and in receiving the SMS verification code.

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Hehe, you will get used to it again after some time.

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(Edited)

Hope that confusion or misassumption doesn't cause you to lose your tokens! 😆🤗

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Have you tried with a lower amount than 100 USD in PHP? I saw another post recently where the limit was an issue on Tranzak (and a different limit was mentioned than the effective one).

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Yes, only 35.49 USD. I am also thinking that perhaps that's the reason. For several months, I encountered no problem with such a small amount.

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