How To Bypass And Make Hive Deposit On Binance Regardless Suspension.

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I noticed Binance had suspended the deposit of Hive just some days after the previous hardfork. Since then however, I've shared some ways with some Hivers on how users can still make their Hive transfer to Binance and felt it would be great to make a post about it so others would benefit. Well, you won't exactly be depositing Hive, but gou can transfer out your Hive in form of other cryptos using these methods. These processes are quite simple and easy to understand. I'll be giving the steps with with blocktrades and ionomy as they seem to have the lowest transaction fees and aren't so complicated. First you'll need an account on both platforms. You can't create an account on Blocktrades here and Ionomy here.
Complete the verification process on both platforms (required on Blocktrades at the moment and but not needed on Ionomy)

For Blocktrades
Choose a crypto you'd like to receive on Binance from Blocktrades. Enter the amount of Hive you wish to send from you Hive account and then proceed to copying the address of the crypto you want to deposited on Binance from Blocktrades. Enter the address on Blocktrades and approve the transaction using Key chain. You can also do this manually by sending Hive to the blocktrades with the memo you're given for that transaction and pasting the address of the crypto you want deposited on Binance.

Note that blocktrades requires some series of verification before carrying out any trade, transactions costs around a dollar or less, and there's a limit to the number of cryptos you can send.

For Ionomy
Got to your wallet and click on the icon for depositing Hive. Copy the memo and then go to your Hive account to send Hive to @ionomy using the memo you copied from the platform. After sending Hive to ionomy, you'd receive Hive in you ionomy account and you can trade it for any crypto with low withdrawal fee. I prefer Dogecoin and Litecoin (You'll have to change your Hive to Bitcoin first).

Finally got to your binance account and copy the address of the crypto you wish to deposit from Ionomy. Send the crypto from ionomy to binance and when the withdrawal is complete, proceed, you can trade I back to Hive or other crypto.
Note that this transaction costs about a dollar or a bit lower with Ionomy and there's a limited number of cryptos you can send from ionomy to Binance.

These are the easiest processes for me at the moment. If you have an easier and cheaper option, please feel free to share.



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4 comments
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Quite helpful. I’ve been thinking of how I can go around the whole hive suspension thing on Binance.
Thank for the tips.

Posted Using LeoFinance Beta

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Thanks alot or checking it out. I'm glad you found this useful and I hope it helps you find your way around transfer crypto from Hive to Binance.

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This is a very useful tutorial for everyone.. thanks for sharing....

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Thanks for checking it out. I'm glad you found it useful.

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