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Question for Americans about investing in Hive by gooddream

View this thread on: hive.blogpeakd.comecency.com
· @gooddream · (edited)
$39.61
Question for Americans about investing in Hive
I am American, but I haven't live in the United States for quite some time.  As more and more people become interested in crypto I have been trying to get them involved in Hive but I am not familiar with how the process would work with Americans who live in the United States and I am hoping that there are some folks in here that can help me help them.

<center> 
![image.png](https://files.peakd.com/file/peakd-hive/gooddream/23y9FAa3UpgCQ32w5ErCZnJ7DPky6fm8E1N5R8d7ftQx4jbWCZYJWycGisuJWepZvKmWH.png)
[src](https://miro.medium.com/max/1200/1*5Y-0MqNcEWPSK2kaj3izzQ.png)</center>

My friends are kind of new to crypto and they started talking to me about staking.  One of them was talking about staking in this thing or that and I have very little experience in staking in anything other than AVA (Travala) but when I was looking at my own wallet I noticed that HBD is paying an APR of 10% which is actually a bit more than you can get in most places.

So I want to get my friends involved and I know that they will purchase HBD but here is the thing, I don't know what to tell them about accomplishing this because I haven't been restricted to what is legal / illegal in the United States for quite some time and am unfamiliar with how any of that would work.  

I only know of Ionomy as far as trading HBD is concerned so here are the questions I am asking for all of you guys out there that hopefully have some USA experience to lend to my ears.

* Is it possible for my friend(s) to simply purchase HBD directly anywhere inside of the Hive or PeakD interface by using a credit card or bank transfer of USD.


* If not, can someone help out with a suggestion about how they can easily get HBD into a Hive wallet to take advantage of the 10% APR

It is important to keep in mind that if this process is too complicated they are unlikely to take part.  I am also not interested in suggesting VPN options for things that could potentially get them in trouble with the IRS.  

<center> 
![image.png](https://files.peakd.com/file/peakd-hive/gooddream/23xKxrhy58i9XGwF1fMKpwrHd3jLNcNj63jyu8hdUEaqJQ9qNDYxDexRCNXZCZfP4woY9.png)</center> 


I'd like to get them involved in the community from a participation point of view but these are not the social media types.  They are mostly just in it for the investment opportunities.  If they were not in the USA and subjected to what I consider to be insane regulations of that country in regards to crypto I would be able to answer them, but I haven't lived there for nearly 20 years.

Hopefully someone out there can help me navigate this.  It is  bonus for Hive as well because any investment is probably a good thing for all of us right?	  
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 77 others
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vote details (141)
@belemo ·
$0.49
Most of my American friends use Bittrexx and Ionomy to buy Hive. 

Since your friend is new to crypto, I can't say for sure if the person will easily understand exchanges. I think the first thing to do is help your friend understand the basics about the ecosystem and stuff. 

Also, if your friends want low risk, tell them to buy HBD and keep it in savings. High risk incudes Hive and some second layer projects like Leofinance. However, all that depends on their understanding of how the ecosystem as a whole works

👍  , , , , , , ,
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vote details (8)
@gooddream ·
thanks pal.  I already use Ionomy but never got into Bittrex.  I'm hopeful there is an easy way for my pals to put cash into these systems.  I never learned how to do that because I got involved so long ago in the game.  

I'll tell them to have a look at both of these.  I'm not trying to do it for them, they are gonna have to learn a lot of this on their own, I was just looking for a good starting point.  
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@bozz ·
The easiest thing to do might be to find someone who is familiar with all of the ins and outs of some of the exchanges and have the people venmo the money to that person and then they can move the Hive there for them.  I would find someone you trust.  Beyond that I think your only option is going to be to buy a major coin on something like Coinbase and then move it to Bittrex where you can trade for Hive and then move the Hive into their account.  I agree, it is way too convoluted.  Depending on how much they are looking to buy, you might run into limit issues.  Either way, if they decide to take that long route, they should start getting their Coinbase and Bittrex accounts set up sooner rather than later because they will need to be verified.  Any of them can reach out to me on Discord or here if they have issues.  I can do my best to help.
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@clixmoney ·
I understand the issue here. I'm not an American, I'm living in Russia and have a little issue that I'm solving with VPN. But, since Americans may risk using VPN. Why not to find someone from another country to help them invest in hive. I know that's hard to find someone to trust that much with keys and everything, but for 10% they maybe interested, because they may earn not only HBD 10%, but if the price of HBD go higher in dollar, they may even earn much more in dollar. But, who knows, maybe they have people in other countries they trust to invest for them. In Russia, by the way, I use VPN always to access hive. No application is working here, no front end without VPN. It's crazy how many websites are blocked here. Even linkedin is blocked. Anyway, I hope my idea will help !
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@gooddream ·
Thanks, it has occurred to me to do this and I think they actually would trust me with the keys, the problem is that I am not really trying to be a go-between or handler for their finances.. you know?  

Sorry to hear there is so much censorship in Russia, we experience the same thing here in Vietnam and also Thailand.  VPN is the name of the game!  
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@ru-trail ·
> No application is working here, no front end without VPN. 

<b>Ecency</b> работает без использования VPN у многих провайдеров. Пишу сейчас эти строки через их сайт.
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@clixmoney ·
$0.04
Ну хотя бы так ! И даже их сайт заработал прекрасно. Но я что-то привык пользоваться hive.blog ! Он работает только с vpn и даже peakd. И даже все токены. Но, а за подсказку спасибо ! Так как с vpn всё медленно. Буду иногда пользоваться ecency когда захочу быстроту !
👍  
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vote details (1)
@daltono · (edited)
**Here are the methods that I know of and have used myself here in USA...**

- - - 

#### Easiest 
1. Download https://www.coinbase.com/ and purchase Litecoin, since it’s fairly quick and doesn’t have high fees. 

 2. Use https://blocktrades.us/en/trade to swap LTC for HBD/HIVE. 

- - - 

### Easy and perhaps discreet

1. Buy LTC with cash at an ATM such as https://coinflip.tech/bitcoin-atm — just need a phone number. Can use a burner number, as long as it can get texts.  

2. Send to your own LTC wallet such as https://www.exodus.com/

2. Swap using BlockTrades, which only requires kyc over a certain amount 

- - - 

### Not as easy, but doable 

1. Buy on Coinbase or from CoinFlip

2. Send to Exodus, then Ionomy... if they are savvy, send straight to Ionomy from Coinbase/CoinFlip.  

3. Withdraw from Ionomy to Hive account after finished trading. No limit or kyc on Ionomy yet, (no idea how, but it works).

- - - 

**Hope this helps. Let me know if you have any further questions.**
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@gooddream ·
perfect, this is very helpful and I will pass on the information.  Thanks a lot pal.  
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@daltono ·
![untitled.gif](https://media.tenor.com/images/0293c7069debfd886585abd7f3a55709/tenor.gif)
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@jozef230 ·
I've known you for a long time, my friend, because you've been here for a long time. I am surprised that a person earning a lot of hive does not know how the hive community works. You are not really interested in the community and are you just looking at yourself? You don't know how the hive ecosystem works? Sorry for honesty.
👎  
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vote details (1)
@gooddream ·
i know how the ecosystem works for me, where I live...but the rules are very different for Americans trying to turn USD into crypto in the united states just in a general sense.  I know exactly how I would do it in the places that I live but don't know how an American would approach it.     
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@jozef230 ·
Ask @taskmaster4450. If you find the answer, share with us in a separate post. Thank you. I am now looking for an answer to your question.
👎  
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vote details (1)
@kryptik.tigrrr3d ·
This might help.

https://hive.blog/hive/@qsett/how-to-buy-hive-on-binance-exchange-video
👍  
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vote details (1)
@gooddream · (edited)
Thanks for your response but Isn't Binance blocked in the US?  
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@kryptik.tigrrr3d ·
Oh, yeah. Sorry I forgot about. Try Coinbase, Huobi, or KuCoin.
👍  
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vote details (1)
@patrickulrich ·
What about having them use something like Cash app or Coinbase to buy Bitcoin and then send Bitcoin to be converted by Blocktrades, SimpleSwap or StealthEx? Peakd has links to SimpleSwap and StealthEx in your wallet under the Exchanges side. 
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@videoaddiction ·
All one needs to do is to buy HBD on the exchange sites like Binance, then send to HIVE wallet/account. I think I have got interest from HBD just one time 🙄
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@gooddream ·
Thanks, i don't think Binance is an option for Americans.  I remember the announcements last Nov but maybe it has changed.  The last time I accidentally tried to access Binance with my VPN set to a USA location it wouldn't even let me get to the login page.  
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@videoaddiction ·
Try Bittrex then.
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