Tutorial: Deposit Coins to Hive

Hello and welcome to this tutorial in which we're going to show you how to deposit coins to Hive. Of course, you have the option to go to an exchange, purchase tokens and swap them for Hive. The thing is that there are few exchanges that actually have Hive available. There is Binance and some Korean exchange. But a part from that, there are not so many places where you can actually buy Hive.

We will show you a very easy way how to bring many different types of coins to Hive. We will do it over the second layer, the Hive engine layer. To do that, I will first go to the website tribaldex.com. This is an exchange on the second layer of Hive and you can, for example, tokens like Swap.Doge, Swap.LTC, Swap.BTC, Swap.BNB, Swap.ETH and many others. It's quite a long list of wrapped tokens. You can actually deposit most of them directly to Tribaldex. To be able to deposit these tokens, you have deposit addresses.

All these tokens can be deposited and you will be credited, in the according swap token. For example, we want to deposit some LTC. To deposit LTC, we click on deposit and then get a deposit address.

You can then simply deposit LTC to this deposit address from any type of wallet. In this example, we use the LTC that we have on our Trust Wallet and we send it to the deposit address of Tribaldex.

I need to enter this address, the deposit address. I copy the address go back to Trust Wallet, paste the address, and then I can enter the amount, preview and confirm the transaction. It will take some time till the money is credited. It will be credited in the form of Swap.LTC.

It's then possible to either swap these tokens for any other token on the hive blockchain. Check out this tutorial if you want to swap tokens on Hive.

Of course it's also possible to withdraw your Swap.LTC from Tribaldex the same way.

Thanks for watching!

Links

Tribaldex
Tutorial to swap tokens on Hive
Tutorial how to use Trust Wallet