What is Hive Coin? - COINTURK NEWS
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What is Hive Coin?

6:00 pm (24 days ago)
November 10, 2023

Hive, a community hardfork of STEEM, is a Graphene-based social Blockchain that met with users in March with the fundamental idea of decentralization. Hive aims to be fully decentralized, fast, and scalable. Other features of HIVE include very low entry fees, instant transaction guarantee, and integrated token shares.

HIVE defines itself as “an ideal platform for a variety of innovative projects ranging from open-source development to social gaming, focusing on a broad range of areas.”

In this article, we will touch on topics such as “HIVE coin on Binance, how to buy Hive coin, purchasing HIVE Coin, HIVE, HIVE Coin.”

Hive Coin Review

Reviews of Hive coin seem to be mostly shaped around its market value. Particularly, surpassing STEEM’s market value in its early days frequently brought HIVE into discussions.

In addition, the interest in HIVE coin was spurred by its listing on major cryptocurrency exchanges like Huobi and Binance and the subsequent increases it experienced.

It’s important to remember that the platform behind the token also plays a role in both the interest in HIVE coin and STEEM’s market volume being surpassed.

Hive is an open-source Blockchain created through years of development to bring Web 3.0 to the world. Individuals, through Hive, can experience real ownership in a decentralized Blockchain and cryptocurrency with a different stakeholder community.

Additionally, according to the platform’s statements, Hive offers its users a fast, scalable, and strong ecosystem. Transactions are completed in a maximum of 3 seconds with Hive, and it emerges as a scalable platform with a future-oriented resource bandwidth and storage system. Also, it is said to be a robust platform as it has been tested by many projects worldwide for 4 years.

Along with all these, HIVE coin is also characterized as the native token of the hive platform.

HIVE Coin Chart

Looking at the HIVE coin charts, at the time of preparing this article, HIVE was trading at $0.1780. According to CoinMarketCap data, it is the 142nd largest cryptocurrency with a trading volume of $54,410,925 USD. It’s also worth mentioning that at the time of writing, HIVE coin was trading against Bitcoin (BTC) at 0.00001737 BTC.

Additionally, it’s beneficial to note that HIVE coin reached its highest level at $0.9827 on April 26, 2020, and saw its lowest point at $0.0869 on April 6, 2020. Currently, there are 305,602,176 HIVE in circulation, with a total amount of 388,972,382 HIVE known.

Furthermore, when examining the price chart of HIVE coin, it seems to follow a generally stable trajectory, without significant price movements except for the time it was first introduced to the market.

Where to Buy HIVE Coin?

HIVE coin can be purchased from many major cryptocurrency exchanges. Exchanges listing HIVE include Upbit, Binance, Bittrex, Probit Exchange, Huobi Global, etc. You can perform your transactions with the “buy Hive coin” option in the relevant sections of these exchanges.

How to Buy HIVE Coin?

You can quickly and securely purchase HIVE coin through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.

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