Earn in Bitcoin
SkateHive pays its best skaters in real Bitcoin. Turn the HBD you earn from your posts into on-chain BTC — sent straight to your own Bitcoin wallet — without leaving SkateHive.
₿ What is it?
Your posts earn HBD (a stable dollar-pegged token on Hive). With Earn in Bitcoin you can convert that HBD into real BTC on the Bitcoin network, powered by Magi (a cross-chain DEX built on Hive/VSC).
It works both ways:
- Sell → BTC — turn your HBD (or HIVE) into real BTC.
- Buy BTC → — send real BTC and receive HBD/HIVE on your Hive account.
The whole thing is native to Hive — no bridges to babysit, no third-party exchange account. You approve it in your Hive wallet and Magi settles BTC to your address.
🚀 Claim your rewards to BTC
The fastest path for creators:
- Open your Wallet and find the Rewards card.
- Tap Claim to BTC (or Earn in BTC if you're setting up ahead of time).
- Follow the short checklist — the app guides you through anything missing.
- Approve the signature. Magi converts your reward HBD and sends BTC to your address.
You keep your Hive Power staked — only your liquid HBD is converted.
✅ What you need (and how to get it in-app)
Everything below can be set up inside SkateHive — the checklist offers a fix for each item.
| Requirement | How to get it |
|---|---|
| A Bitcoin address | Add it in Settings → Bitcoin address (or via the checklist). |
| Magi Resource Credits (RC) | Every account starts with enough base RC for a small swap. Need more? The app offers Enable Magi RC (see below). |
| Liquid HBD to convert | Claim your post rewards — the HBD portion is what converts. |
Converting to BTC needs your own Hive account with active-key access (e.g. Hive Keychain). The Buy BTC → direction, on the other hand, only requires sending BTC — no signature and no RC.
⚡ Enable Magi RC
Swaps on Magi consume Resource Credits (RC) on the VSC network. This RC is not from Hive Power — it comes from HBD you keep parked in Magi/VSC:
RC ceiling = 10,000 (base) + 1,000 × (HBD held in Magi)
Two things to know:
- Every account already has ~10,000 base RC, which covers a small swap out of the box — most first swaps need no deposit at all.
- RC recharges over time. If yours is low (e.g. right after a swap), just wait a bit, or raise your ceiling by parking some HBD.
When RC is the blocker, the app shows an Enable Magi RC button. It deposits a small amount of HBD into Magi to lift your RC ceiling. That HBD stays your own balance in Magi — it's a refundable RC stake, not a fee.
Keep roughly as much HBD parked in Magi as the size of the swaps you want to do.
A swap of X HBD reserves about X × 1000 RC, and the base 10k covers the rest.
🔁 Buy BTC → HBD/HIVE
Want to go the other way and bring Bitcoin into Hive?
- Open the Bitcoin tab in your wallet and switch to BTC →.
- Choose what to receive: HBD or HIVE.
- The app shows your personal BTC deposit address (with a QR code).
- Send any amount of BTC to it. Magi converts it and settles HBD/HIVE to your Hive account after Bitcoin confirmations.
No signature and no RC needed — it's just a Bitcoin send.
💸 Fees & good to know
- A small 1% referral fee supports SkateHive on each conversion to BTC.
- The Bitcoin network mining fee is deducted from the BTC you receive (as with any on-chain withdrawal), so the amount that lands is slightly below the quote.
- Amounts are real mainnet funds — start small on your first swap.
BTC transactions are irreversible. Make sure your Bitcoin address is correct before converting.