It's Crypto Mondays - Let's Turn Fiat Into Crypto!

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▶️ Watch on 3Speak


We've done so much training for our members when it comes to crypto and blockchain....But the question that keeps coming up is...

How do I bring fiat into the market and buy some of these juicy tokens you keep talking about?

So we decided, tonight was the night to dive in...

We took viewers on a step by step guide on taking fiat currency and then purchasing CTP Tokens on Hive Engine!

We hope you find it valuable!!


▶️ 3Speak



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46 comments
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I found the webinar very helpful and I will watch it again so that I can write down all the steps to follow. Thanks for the screenshots of what you were doing.

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For sure, I'll bang out a blog post tomorrow, going over the step in written format. Once you get it, it's super easy :)

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Great information, I think this is one of the biggest stumbling blocks on Hive is figuring out how to buy the stuff. lol This should really help out.

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Yeah, and it's getting better...But a big fat buy from your debit card, it gets put in your wallet would help...Big time!

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Great info for those new to crypto. Thanks for always being willing to help out those just getting started.

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Hope it helps!

It would have saved me a ton of pain and heart ache years ago lol

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Great Crypto Monday webinar, @jongolson! The tutorial on buying CTP tokens starting with Fiat was super easy to understand. I will watch it again so that I can take notes and follow the steps on my own.

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Wow Jon!! This is finally the answer I've been seeking for some time now. Thanks so much for this training to HIVE. I really needed this and I'm sure many others do too.

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So good to hear it!

Thanks for watching and let me know if you get stuck on anything!

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I am so thankful to finally have a walk through for this part of my Hive journey. I had no idea how to do this LOL so THANK YOU!

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LOL Glad it helped!

Yeah it was a long time coming.

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It definitely helped. Now I need to get money into my coinbase wallet...

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HI

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Welcome to Hive!

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Jon Very valuable webinar as always. I will reply the webinar so I can do what you are doingl I learn faster by doing, You have taught me alot

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Awesome to hear that man, thanks for the comments :)

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Great tutorial man. I do it the same way over coinbase.

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Yeah I'm sure it's not the cheapest, but I like the simplicity of it all!

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Getting from the bank to an exchange seems to be the hardest part for us up here in Canada, for sure. Then you have to figure out which exchange is the easiest to use. Your video is very helpful for sure. Looking forward to the text version.

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Not really...Bank to exchange is just linking your bank account to Coinbase. It's the exchange to bank that's the problem lol

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Your bank worked that way if you remember mine did not that is why we had to do the other

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These "small" things for some are big for others when it comes to learn all of this. When we are on this for a while we tend to forget what got us stuck in doubt at the beginning. Thank you so much for the training! Will help me create one to have inside the CTP Blueprint Guide! This webinar will be linked inside as well :) thank you, as always, for the great show!

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Awesome sauce :)

Yeah it's something that once you 'get' it'll be easier to do...But understanding the process when you are first starting, is rough lol

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Thanks Jon, Great information. Thanks for the demo.
I have not done a fiat transfer to crypto and then to hive before.
Till now, i have only transfered bitcoin from coinpot.co to hive-engine and bought hive.

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Yeah the first step, doesn't matter where you get the crypto from. It's personal preference, I just use Coinbase for simplicity sake. But even from a faucet, you can do the same process to convert to Hive.

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I think the webinar helped a lot of people understand how to use Hive Engine a lot more. Sometimes it makes more sense when they actually SEE how to do it. I know I learn better that way myself :) I still love the ease of using LTC (as you had taught me awhile back) & just stuck with that. Coinbase is great to have so I can build my LTC and use it for HIVE primarily! :)

Thank you for doing that! Great show, Jon! Unicorns were saved! 😂🦄🧚🏼‍♀️

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LOL Thanks Jenn.

Yeah LTC is fantastic for it's low fees and it's basically able to be traded everywhere.

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I have watched the extended version of the webinar, and, as I can see there was a lot of fun... Dealing with deposits, conversions, exchanges can be a painful process, and country banksters don't help with that...

Even when you "can" to convert FIAT into crypto, they block accounts, reverse payments, reject cards... I have a feeling that it COULD be easier, if we could freely buy crypto, and not hiding like we are selling drugs...

Better days are coming, that's for sure... Just after this big balloon pops out, and it will be better... ;)

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Grown adults, doing grown adult things....But how would we ever survive without the banksters to protect us lol

Great points man.

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Great post @jongolson watching the replay on FB, still learning all this stuff there is a lot lol love it, this was super helpful bro keep up the great work

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I enjoyed the livestream on Facebook last night. I had figured out how to do this stuff, but thanks for explaining to other people how to do it.

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Glad you liked it man, yeah it took me a while but I got it too lol Hope it helps others get more involved on Hive and CTP!

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Great show.
I haven't tried it yet, but what I hear is that Binance is cheaper with better customer service than Coinbase.
I heard that there is a lot of complains about Coinbase's customer service.

Another thing that I mentioned in the chat is that it is better to use Leodex than HiveEngine.
Leodex is charging 4x less for transfers in and out.
And it is easier to use for beginners as you can choose market and then you only have to type in the hive amount for buying and the token amount if you are going to sell. Much easier.

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I think the confusion would be...We're pulling people into Hive. So when they first join and are thrown something called Leo, they might get confused. For sure it's cheaper and a much better experience, but I've learn a long time ago, you gotta keep it super simple for folks at the beginning :)

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A great tutorial
Easy peasy
This is how we can buy CTP
Awesome show
!BEER

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So awesome to hear you liked it!

We try to keep it simple :)

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Thank you @jongolson. I had figured that out but it took me a while. This would have been much simpler.

How about doing a video on external vaults for crypto. Thanks for all you do.

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Thanks man, glad it helped!

Interesting...Yeah I'm a big fan of cold storage for sure :)

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Based on the transcripts provided, the episode featured in the video channel focuses on a live stream discussing the Hive Blockchain, CTP Talk, and the crypto market. Host Jongo guides viewers through a step-by-step tutorial on converting fiat currency into cryptocurrencies, particularly Hive tokens and CTP tokens. The session includes demonstrations on using platforms like Coinbase, BlockTrades, Hive Engine, and LeoDex for trading and purchasing various tokens.

The episode delves into the process of acquiring Litecoin on Coinbase, transferring it to BlockTrades for exchanging into Hive, then further transferring Hive to Hive Engine to purchase CTP tokens. John elaborates on the ease of using BlockTrades for conversions and showcases quick transactions within the Hive blockchain.

Additionally, the tutorial covers details on linking bank accounts to Coinbase for purchasing cryptocurrencies, catering to viewers in Canada seeking to invest in digital assets like Bitcoin and Litecoin. The importance of understanding the cryptocurrency market, making informed investments, and starting with small transactions to gain familiarity is emphasized throughout the session.

The overarching goal of the episode is to provide a practical guide for beginners venturing into cryptocurrency trading on the Hive blockchain. By simplifying the conversion process and emphasizing the significance of education and caution in investments, the episode aims to empower viewers to navigate the crypto space confidently and efficiently.

In crafting a comprehensive article on the episode, the detailed breakdown will include discussions on platforms used for transactions, advantages of specific cryptocurrencies like Litecoin, step-by-step guides on converting fiat to Hive to CTP tokens, insights on beginner-friendly approaches to crypto trading, and the importance of hands-on learning in the cryptocurrency market. The article will aim to demystify the complexities of crypto transactions and offer practical tips for individuals looking to embark on their crypto journey.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.

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