What Is Hive (HIVE)?
Hive is a decentralized blockchain platform launched in March 2020 as a hard fork from the Steem blockchain. It was designed to address the need for faster, fee-less transactions and scalable decentralized applications (dApps). Hive serves as a gateway from Web 2.0 to Web 3.0 by empowering users to monetize content, engage in blockchain-based gaming, and explore decentralized identity management. The platform supports applications like Splinterlands, PeakD, and HiveBlog, making it a hub for diverse blockchain-powered services.
How Hive Works
Hive operates on the Delegated Proof of Stake (DPoS) consensus mechanism, which ensures security, decentralization, and fast block production every three seconds. Instead of transaction fees, Hive uses a Resource Credits system, allowing users to stake the platform’s HIVE tokens to perform transactions without costs. Content creation and curation are monetized through the Proof of Brain (PoB) protocol, rewarding participants based on their contributions and engagement. Hive also supports scalability through its layer-2 sidechains while maintaining data integrity with a robust layer-1 blockchain.
Who Are the Founders of Hive?
Hive was created by the Steem community following a hard fork to escape centralized control after a dispute with Tron CEO Justin Sun. It is now maintained by a global network of developers and stakeholders.
How Many Hive (HIVE) Tokens Are in Circulation?
HIVE, the native token of the Hive ecosystem, is available on various exchanges. It has no maximum supply. New tokens are issued and allocated as follows: 65% to content creators and curators, 15% to stakers, 10% to block producers (Witnesses), and 10% to the Decentralized Hive Fund for development.
How to Buy Hive (HIVE) on Bitget?
Consider investing in Hive (HIVE)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available HIVE trading pairs on Bitget.
Is Hive a Good Investment?
Hive offers potential through its decentralized ecosystem and content monetization, but it also carries risks associated with market volatility and adoption. Prospective investors should evaluate its benefits and risks based on their financial goals.
Simple 3-step guide to buying HIVE today in Senegal
Create your free Bitget account
Select a funding method
Complete your Hive purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Hive using a payment method of your choice:
Buy Hive with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Hive order.
How to buy crypto with credit/debit cardBuy Hive with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Hive is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Hive order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Hive order.Buy Hive with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Hive order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Hive in your Bitget spot wallet
Bitget—where the world trades Hive
How to buy Hive for free
- Learn how to earn Hive for free through the Learn2Earn promotion
- Earn free Hive by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Hive airdrops by joining On-going challenges and promotions
Buy Hive
Buy other cryptos
Buy Hive in a different country
FAQ
Can I buy $1 worth of Hive?
Can I buy $10 of Hive?
Where else can I buy Hive?
Where is the best place to buy Hive?
Should I buy Hive right now?
Senegal, officially the Republic of Senegal, is located between the Tropic of Cancer and the Equator. It is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. The population of Senegal is 17,748,015, and the official currency of Senegal is the West African CFA franc. You can buy cryptos from Senegal in a few minutes using Bitget’s P2P trading and other crypto deposit methods. The official language of Senegal is French, and the Bitget website and app are available in French.
The beautiful attractions you do not want to miss when visiting Senegal are La Maison des Esclaves, the Island of Gorée, Ngor Island, and the Lompoul Desert. The country has some attractive cities where you can live and trade cryptos using the Bitget platform, such as Dakar, Touba, Thies, Kaolack, Mbour, and Saint-Louis.
Senegal has a tropical climate with a long dry season that lasts roughly from mid-October to mid-June in the north and from early November to mid-May in the south. The rainy season lasts from late June to early October in the north and from late May to late October in the south due to the African monsoon, which travels north during the summer. With savanna-like vegetation, Senegal is primarily made up of flat or rolling plains. However, the Fouta-Djallon Mountains' foothills are formed in the southeast by plateaus that are 1640 feet high. In the southwest, it's usual to see marshy marshes surrounded by tropical rainforests.