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RE: Hive Backed Dollars (HBD) FAQ

in LeoFinance • 2 years ago

Very well, one thing that has saved me is the fact that I had some HBD (some in savings) from setting the rewards to 50/50. Recently, I started to power up some of my posts to reach my 800HP goal but now that Hive itself is kind getting some lows, HBD is still there to save the day. And I use HBD for transactions mainly.The 20% APR is quite juicy too. 😁

But how can I exchange my HBD myself.. Because what I do when I need to convert some funds is to send to someone who then sends fiat to me..

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2 years ago in LeoFinance by
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     2 years ago  

    But how can I exchange my HBD myself.. Because what I do when I need to convert some funds is to send to someone who then sends fiat to me..

    Sorry, can you explain the exact process that you wish to follow?

    So you have USD pegged HBD and want to essentially send USD to people without Hive accounts?

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       2 years ago  

      Maybe some notes will do...
      Basically, I mean when I want to get fiat, I send my HBD to someone who then sends me the corresponding fiat. Right? So, I am asking how I can do this by myself. Or better still, how can I send HBD or Hive to another wallet outside of Hive blockchain? Do you get my question now, please?

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