How To Buy Hydraverse (HDV)?
A common question you often see on social media from crypto beginners is “Where can I buy Hydraverse?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process.
Step 1: Create an account on an exchange that supports Hydraverse (HDV)
First, you will need to open an account on a cryptocurrency exchange that supports Hydraverse (HDV).
We recommend the following based on functionality, reputation, security, support and fees:
In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.
Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.
Step 2: Deposit funds into your account
Many cryptocurrency exchanges will allow you to purchase Hydraverse (HDV) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.
Step 3: Buy Hydraverse (HDV)
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Hydraverse (HDV) or Hydraverse (HDV) trading pairs. Look for the section that will allow you to buy Hydraverse (HDV), and enter the amount of the cryptocurrency that you want to spend for Hydraverse (HDV) or the amount of fiat currency that you want to spend towards buying Hydraverse (HDV). The exchange will then calculate the equivalent amount of Hydraverse (HDV) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of Hydraverse (HDV) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.
How to create a Gate.io account
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Step 1: Go to the Gate.io website.
Step 2: Choose your username, your email address and your password. Then check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.
Step 3: Set your fund password and click “Create account”.
Note: Your fund password must contain at least 6 characters and can not be the same as your login password.
Step 4: An activation email will be sent to your email address. Complete the rest of the registration process by following the instructions in the email to activate your account. Once this is done done, click “Email activated, please log in”.
How to complete KYC (ID Verification) on Gate.io
In order to ensure the safety of your assets, and to reduce fraud, money laundering, blackmail, and other illegal activities, Gate.io makes it mandatory that all users obtain KYC ID Verification. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies.
Step 1: Log in to your Gate.io account.
Place your cursor on the top-right profile icon and go to “KYC (ID Verification)”
Step 2: Click “Individual (Verify now)”
Step 3: Select your country, input your full legal name (twice), fill in your ID information, upload photos of both sides of your ID card, and a photo of you holding your ID together with your User ID (UID) for Gate.io. You will see your User ID by placing the cursor on the top-right profile icon on the main page. Make sure everything is filled in correctly and then click on “Confirm and Submit”.
Step 4: After you have submitted all the requested information, you will see the pending approval.
Approval can take anywhere from a few hours to a few days to complete.
Once the KYC is approved, you’re ready to make your first cryptocurrency purchase.
How to buy cryptocurrency on Gate.io
Step 1: Log in to your Gate.io account.
Then in the Menu Bar at the top of the page, click “Buy Crypto” and select “Credit Card”.
Step 2: Enter the amount you wish to spend in the “Buy with Fiat Currency” tab and select the cryptocurrency that you want to buy under the “Currency Purchased” field. Then select one of the “Service Providers” below and click the “Place Order” button to enter the confirmation page.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: On the confirmation page, select “Buy Crypto” or the “Create Order” button to complete the payment.
Note: To ensure a quick and secure way of receiving the order, users might need to conduct an additional Identity Verification (KYC) with a third-party service provider. Once successfully verified, the service provider will immediately transfer the cryptocurrencies to your Gate.io account.
How to Conduct Spot Trading on Gate.io
Step 1: Log in to your Gate.io account.
Click on “Spot Trading” under “Trade” on the top navigation bar.
You can either choose “standard” or “professional” version. This tutorial uses the standard version.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can click on the last prices on the order book to set the buying/selling price automatically.
Step 5: Confirm the price and amount. Then click on “Place Order” to place the order, followed by “Confirm Order” to confirm it.
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Alternative ways to buy Hydraverse (HDV)
Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:
1
Binance
Fees (Maker/Taker) 0.075%*-0.1%*
Cryptocurrencies
Available for Trade 500+
Sign-up bonus
10% reduced trading fees*
Available in
Europe, Asia, Oceania, Africa
2
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
How to create a Binance account
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Step 1: Go to the Binance website.
Step 2: On the registration page, enter your email address, and create a password for your account.
Then, read and agree to the Terms of Service and click “Create Account”.
Note: Your password must be a combination of numbers and letters.
It should contain at least 8 characters, one UPPER CASE letter, and one number.
Step 3: Complete the Security Verification.
Step 4: The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can’t find the email in your inbox, check your other mail folders as well, or click “Resend Email” to resend.
How to complete KYC (ID Verification) on Binance
Step 1: Log in to your Binance account and click “User Center” and then “Identification”.
Step 2: click “Start Now” to verify your account.
Step 3: Select your country of residence.
Ensure that your country of residence is consistent with your ID documents.
Step 5: Enter your personal information and click “Continue.”
You won’t be able to change it once confirmed.
Refer to the respective options offered for your country.
Step 7: Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.
Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
Once your application has been verified, you will receive an email notification.
How to buy cryptocurrency on Binance
Step 1: Log in to your Binance account and click “Buy Crypto” and then “Credit/Debit Card”.
Step 2: Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press “Continue”.
Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.
Step 3: Click “Add New Card”. Then enter your credit card details and your billing address.
Step 4: Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click “Refresh” to see the latest market price. You will then be redirected to your bank’s OTP Transaction Page. Follow the on-screen instructions to verify the payment.
How to Conduct Spot Trading on Binance
Step 1: Log in to your Binance account.
Click on “Classic” under “Trade” on the top navigation bar.
Step 2: Search and enter the cryptocurrency you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)
Step 4: If you don’t want to set a manual price, you can place a “Market Order” to set the buying/selling price automatically.
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For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out.
Simplecryptoguide.com
What Is Hydraverse (HDV)?
Hydraverse is a play-to-earn virtual reality or artificial reality player versus player NFT dragon racing game. Cars or other forms of automobiles have been the traditional racers in a racing game, for Hydraverse dragons are the racers. Players spend time with their dragons, breed them, train them, and take them to race, all in the Hydraverse metaverse. The integration of Blockchain allows players true ownership of in-game assets.
Players get unique dragons by opening dragon eggs, the dragons can be rented out or displayed in the exhibition park. The Hydraverse team aims to fascinate gamers with the dragon trainers’ story they created, drive Blockchain adoption, and encourage earning opportunities through their play-to-earn game. They march towards building an inclusive metaverse ecosystem and hope to lead the NFT play-to-earn industry in the coming years.
The dragon balls, NFT dragons, and racecourses make up the Hydraverse collectibles. The standout character of the Hydraverse being the dragon has stats that constitute its unique abilities.
- Movement
- Strength
- Endurance
- Acceleration (this is awakened by the player)
- Diving time
- Attraction
- Happiness
- Sex: King or Queen
- Number of stars
- Energy
- Level
If a player picks a dragon with a low stat, the player can level up the dragon by increasing its stars or awakening the dragon. Stars are increased by combining two dragon stats. A dragon with 1 star could be combined with a 1-star level 10 dragon to give the player a 2-star level 10 dragon. A 10 starred dragon is trained to increase its level rank to 100. During player-dragon training, the dragon is awakened and the status increases.
What is the HDV token?
$HDV is Hydraverse’s utility token and is used in the game’s ecosystem for 4 main cases:
- Gacha buying: Gacha is a place where you can buy dragon eggs at a much cheaper price than in the marketplace. The eggs will hatch after that, and random dragons will be opened, and you will profit if you receive one with high stats.
- Payment for transferring NFT dragons: HDV tokens are used as a payment currency in Hydraverse marketplace so you can buy or sell NFT Dragons.
- Payment for breeding and training packages: If you exclusively get your dragons through Gacha or Marketplace, they will not become legendary. You must offer them breeding and training packages in order to help them improve their stats and win dragon races.
- Payment for dragon renting: Dragon owners can hire them out through the Deposit Fund in exchange for HDV tokens. On the contrary, you will have to pay a fee or share the profit when you want to hire dragons to serve the races.
How to earn HDV tokens in-game?
- Breeding and training dragons, then selling them on the marketplace
- Selling NFTs by auctions
- Staking tokens or NFTs
- Joining dragon races and winning them
- Renting dragons to other users
- Betting
Hydraverse Gameplay
The Hydraverse Gameplay involves a number of tasks and player adventures with unique components.
The Dragon egg: there are 3 types of Dragon eggs; normal egg, epic egg, and legendary egg. Each dragon egg-type hatches a particular number of star dragons. When a player hatches an egg they claim the hatched dragon, dragons are also obtained from direct purchase from other players.
Feeding: this entails all that goes into breeding a dragon for a race. Feeding, bathing, and increasing the dragon’s happiness.
Dragon Training: dragons have stats that can be leveled up by the player through training. Dragon training is in the form of a mini-game where the dragon’s experience points are leveled up in training. Training turns are limited for each day, but players can purchase additional training turns if the daily allocated turns are exhausted.
Dragon Racing: Players can hire or own a dragon, either of the two, the dragon is taken on a racecourse by the players. There are 3 racecourses players can choose from.
- Realtime racing: this is a 7-dragon race. The player’s dragon goes on a race with 6 other dragons in a player versus player game mode.
- Offline racing: this racecourse gives room for offline participation. Here dragons join a race according to their stars, a 1-star dragon joins a 1-star racecourse. There is a solo racecourse and a cross-star racecourse.
- Hourly racecourse: this is a time-bound racecourse where many dragons participate at a time. The Hourly racecourse can be rented by players and attracts a commission at the end of the race.
When a player rents a racecourse for a long time, they become eligible to own the racecourse and receive a commission as well.
Dragon Exhibition: dragons with high stats are exhibited in the Hydraverse park to earn the in-game token. The higher the attraction stat the higher the tokens earned by the dragon.
Hydra Cup: weekly draws are made to select the best 9 riders who will participate in a monthly race. 36 races divided into 6 tables make up the monthly race. Riders are selected randomly to fit into the 6 tables. The top 6 riders from each table go for the finals and the winners qualify for the end of the year HydraCup. Who wins the HydraCup is determined by the two last man standing teams drawn from the 12 strongest riders in the epic racetrack.
Dragon for Rent: players who own dragons can rent their dragon in a fixed price rental or reward sharing rental.
Artificial Reality: players are represented by their dragons in the Hydraverse metaverse. Players click on the dragon to view and can send it to friends using QR codes.
Hydraverse development updates in 2023
Hydraverse, an innovative cryptocurrency platform, has made notable strides in its development over the year 2023. Here’s a comprehensive overview of the key updates and advancements:
Technical and Network Updates
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Trading and Market Analysis Tools: Hydraverse’s performance and potential future trajectory have been analyzed using various technical indicators like RSI, Moving Averages, and the MACD. These tools offer insights into the market momentum and trend direction, helping in predicting future price movements.
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Price Fluctuations: Throughout 2023, Hydraverse has experienced significant price fluctuations. Its value has seen ups and downs, reflecting the dynamic nature of the cryptocurrency market.
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Market Capitalization and Trading Volume: Hydraverse’s market capitalization and trading volume have been subject to change, often influenced by broader market trends and investor sentiment.
Platform-Specific Developments
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P2E Racing Game with 3D NFT Dragons: Hydraverse has continued to develop its Play-to-Earn (P2E) racing game, featuring 3D NFT Dragons. This game is a central component of the platform, blending entertainment with earning opportunities for its users.
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AR/VR Gaming Experience: The platform has emphasized providing a high-quality augmented reality (AR) and virtual reality (VR) gaming experience, enhancing user engagement and interaction within the Hydraverse ecosystem.
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Blockchain Technology in Renting System: Innovative use of blockchain technology has been applied to the renting systems within the game, offering a secure and transparent mechanism for transactions and interactions.
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Community and Ecosystem Growth: Efforts have been made to build and nurture the Hydraverse community, with a focus on expanding the platform’s reach and user base.
Future Outlook
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Projected Price Movements: Looking ahead, price predictions for Hydraverse suggest a range of potential outcomes. These predictions are based on technical analysis and the past price performance of HDV.
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Roadmap and Upcoming Features: The roadmap for Hydraverse outlines future developments and features. This includes enhancements to the gaming platform, further integration of blockchain technology, and expansion of its digital ecosystem.
Hydraverse’s journey through 2023 has been marked by technological advancements, market fluctuations, and ongoing efforts to enhance its gaming platform. These developments not only reflect the platform’s commitment to growth but also indicate its potential trajectory in the evolving landscape of cryptocurrency and digital gaming.
Official website: https://www.hydraverse.io/
Best cryptocurrency wallet for Hydraverse (HDV)
There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.
HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Hydraverse (HDV)?
Deciding which type of wallet to use depends on a variety of factors, including:
- How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.
- What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
- Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
- How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
- What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.
Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).
Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).
Market Overview
Coinmarketcap.com
Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following: