DCA interrupted as Transak's Hive purchase is temporarily suspended

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I was about to DCA into Hive today.

Guess what, my DCA is interrupted as Transak's Hive purchase is temporarily suspended.

Screenshot 20221230 at 11.33.03 AM.png

I have never experienced such issues on Transak.

This is kind of frustrating given the current low price.

Screenshot 20221230 at 11.37.47 AM.png

Hopefully, Hive drops further when it resumes its services!

Does anyone else know what is going on?

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @jacoalberts, @young-kedar, @svanbo and @hankanon!

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16 comments
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Meh, sometimes services suspend because they are working on programs revolving around that function...

It happens.. But it may cause you to miss a low 😂😂😭

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It got me thinking to buy HBD to set buy orders in the internal markets. https://hivehub.dev/market/limit

See the brief red candle in the last few hours? It kind of corresponds with that momentary malfunction in Transak.

Screenshot 2022-12-30 at 4.29.30 PM.png

!PIZZA

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If you can put a few buy orders on lower prices than it is, im sure you'll be able to buy a handfull of hive when it spikes downward!

I think that's a pretty great idea

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That’s why I needed to buy some HBD from the exchange. Ionomy has it but I have to buy BUSD to swop it. I might do so soon.

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May be i think just a error. You need to try later after some time. Now is the best time to buy one in my opinion

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Oh its bad. Hopefully this service will ok soon. In this market situation dca is best for to save our investments. I also have to do DCA daily. Because no one can give an accurate prediction of the condition the market is in, it can go up at any time.

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I am just slowly buying when I think the price is sweet. !PIZZA

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Glad it's working again. Always a little scary in crypto when something suddenly stops working. I still use Bittrex on occasion but that it is a terribly unpredictable exchange. Sometimes you can't move Hive for weeks in Bittrex.

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Timely reminder on Bittrex because I was looking at it as an alternative today. I shall be more defensive about it. !PIZZA

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The main issue is that when there is a change in Hive Blockchain, Bittrex pulls it's wallet offline. So you can't transfer Hive from the blockchain to Bittrex or vice versa. Also, sometimes the trading is very thin or paused on Bittrex.

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