FAQ's:
Have more questions? Here are some of our most frequently asked questions answered below!
How much HIVE can I convert into a gift card?
Our service is intended to be used to convert smaller portions of HIVE, such as rewards from a few well-performing community posts. Therefore, we only allow each gift card to have a maximum dollar amount of $25. Additionally, we limit the service usage to once per day for each HIVE account.
Why does it take an hour to get my gift card?
We have to wait a little while to verify the transer on the blockchain, and then we generate and send the gift card. The gift card process is manual to allow for Card Me to review the transaction. We are working on a fully automated process, but wanted to provide our service in the meantime to facilitate the conversion of small HIVE amounts into fiat value, which we view as a current and pressing need in the HIVE community.
How can I trust you and your service?
The best part of the Blockchain is that you don't have to trust anyone and can still use it. Unfortunately, moving things such as HIVE currencies away from the Blockchain also leaves behind the built-in mechanisms which make the Blockchain so special. From your perspective, there is some risk in using this service. Thankfully, the HIVE amounts being transferred are considerably smaller in value when compared to other (and just as risky) services such as exchanges. Additionally, the HIVE transfers themselves are stored forever on the Blockchain, so everyone in the world can see from the HIVE side that you made the transfer to our service. We offer a direct line of contact to us to try to maintain transparency and visibility, and additionally are active on our dedicated HIVE community to respond to posts and feedback. We also provide a resources page on our website for review and credibility, and an about our organization page. We want you to feel very comfortable and secure when using our service, and if you can think of any other way we can help you feel better please let us know!
Why do you offer this service?
We really love the HIVE Blockchain and the HIVE Community! We see great value and potential in HIVE as a community driven and decentralized cryptocurrency and want to invest into the platform. We have had a lot of trouble when trying to buy HIVE with fiat and when trying to sell or transfer small portions of HIVE into fiat, and realized that there must be an easier way. We provide this service as a means for us to convert fiat into HIVE, as we pay fiat to generate the gift cards and then receive HIVE in the form of your transfer when using the service to obtain the gift card. We think that having a simple method of converting HIVE in this way really helps new HIVE community members to understand the platform and continue to use it. Also Card Me allows us to invest in HIVE without third party exchanges, who may not be as committed to the Hive Blockchain, as we are. This way, we can obtain our HIVE in exchange for fiat from real community members who are helping to build HIVE into the platform it was meant to be!