Good morning! Welcome to a very simple tutorial on how to Sell to Hive. I'd say very simple because we won't be using technical terms so this will be alright for people who have never or will be selling their Steem to Hive. But if you want to know more things in a detailed way, you may check other post from other users on Hive.
Okay, since I'm done with my disclaimer (Lol) let's proceed with the tutorial.
On the first part of converting Steem to Hive, I showed how to deposit your Steem to Hive Engine:
Converting Steem to Hive PART 1: Depositing STEEM to Hive Engine
Now, let's learn how you can sell your Steem to Hive. :)
Selling Steem to Hive
Step 1: Go To Market
After your Steem got deposited on Hive Engine, it will appear as SWAP.STEEM. Once you have successfully sold your SWAP.STEEM, it will be converted to SWAP.HIVE. Take note that my existing SWAP.HIVE amount is around 166.7, so take note of your initial amount of SWAP.HIVE to easily know if your SWAP.STEEM's amount have already been added to SWAP.HIVE.
Go to the MARKET by clicking the button with two arrows on opposite direction. Click the one that is on the same row of SWAP.STEEM.
STEP 2: Enter Details
It seems like there is a lot of things going on at the Token Market, and for a beginner, this may look intimidating. But no worries! All you have to look for is the "Sell SWAP.STEEM" box. Scroll down the page a little bit and you'll easily find it.
You can input the numbers manually but you can also just click the numbers at the "Your Balance" located under the text fields. (The line where the arrow is pointing.) This makes selling convenient if you are selling all your coins but if you are just selling a portion, then you have to manually input it.
There are three text fields: Price, Quantity, and Total. Price is where the highest bid of Hive per SWAP.STEEM will be filled out. You can see the bid under "Your Balance". Quantity is where you'll input the amount of SWAP.STEEM you'll be selling. And the Total text field is where you'll see the amount of Hive you'll receive. It's up to your own judgement to compare prices. In my case, the total amount of Hive is a little greater than the SWAP.Hive so I think it's okay. (I'm not someone you can ask about numbers, I'm just here to show the process. Hehe)
Once you have filled out the text fields and had doubled checked the numbers, click the button "Sell SWAP.STEEM".
STEP 3: Confirm Order
You will then be directed to a page where you'll see the details of your order. If the details are correct, proceed with the transaction by clicking the "SELL" button.
Click the "Continue" button.
Enter your Hivesigner password and click "Login". (I don't how the transaction goes if you are not using Hivesigner.)
Click the "Approve" button.
A Confirmation transaction window should pop up confirming that your order is successful.
If you minimize the pop up window, you'll see this page. Click the button "TRANSACTION SENT".
STEP 4: Check Your SWAP.HIVE
The amount may take a couple of minutes before it will reflect on your wallet. I guess I'm lucky because my order was almost instant. It only took less than a minute for my SWAP.STEEM to be converted to SWAP.HIVE. Before I sold SWAP.STEEM, my SWAP.HIVE have about 166.7. Now it has 419.92.
And that's how easy and fast you can convert SWAP.STEEM to SWAP.HIVE. On the last and third part, I will show you how to put your SWAP.HIVE to your Hive Wallet.
That's all! I hope this post helps someone, even one, out there. :)
Hive PH badge by @bearone. :)
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