Block Trades Now Allows Trading To Hive Dollar

While there have been many exchanges promising exchange to include Hive as a currency. There have not been very many articles about acceptance of the Hive dollar on these exchanges.

That's because while the trading pair with Bitcoin/Hive, and Hive Dollar had been enabled at BitTrex, the wallet on BitTrex even today, March 26th, 2020, has not enabled deposits or withdrawals.

The only way to get value in and out of the Hive blockchain until recently has been to use Ionomy.com but Ionomy only had and has Hive. So the only way to get into Hive Dollars had been to use the internal market. Fortunately, you can get to that via the https://wallet.hive.blog and using Beempy.

However, now we have a direct route. You can go from Hive, Steem, Steem Dollars, or BTC directly into Hive Dollars thanks to @blocktrades at the www.blocktrades.us website. While people are much more excited by the rapidly rising Hive token, Hive dollars have a mechanism to keep it close to the value of the U.S. dollar.

There is Binance, BitTrex and others but until there is a way to make withdrawals and deposts, I'll ignore them. I don't normally like to keep money on an exchange.