How to Buy Hivemapper (HONEY): A Complete Guide for Beginners in Indonesia
2025-11-28
Bittime - The Hivemapper (HONEY) token, which runs on the Solana blockchain, appears to be gaining popularity. For those interested in owning HONEY, it's already listed on Bittime.
But before buying, it's best to understand the purchase method and token mechanisms, including tokenomics and its function in the network.
This article discusses how to buy Hivemapper (HONEY), especially for beginners in Indonesia, while also providing a complete overview of the token based on official data.
What is Hivemapper & HONEY
Hivemapper is a decentralized mapping network running on the Solana blockchain, where users can help create a world map by uploading road data from dashcams or labeling data for artificial intelligence. In return, they receive HONEY tokens.
The HONEY token serves as the network's economic driver. Contributors receive HONEY as rewards for their contributions, while developers or companies using the map data are paid in HONEY. A portion of the tokens used are permanently burned through a burn-and-mint mechanism.
This system ensures that the greater the use of map data, the greater the amount of HONEY burned, thus creating an economic dynamic between supply and contribution incentives.
HONEY Tokenomics in Brief
HONEY has a maximum supply of 10 billion tokens, allocated among contributors, early investors, the development team, operations, and the foundation.
The burn-and-mint mechanism means that every data consumption from the Hivemapper network involves burning a large portion of tokens and minting a small portion as a reward. This model helps maintain supply balance while incentivizing contributors.
The long-term value of HONEY depends heavily on third-party use of its map data. The more applications or companies that rely on Hivemapper data, the greater the potential economic impact on the token.
How to Buy HONEY in Indonesia (Step by Step)
Step 1: Choose an Official Platform
Before buying HONEY, make sure you already have an account on a trusted crypto exchange platform, such as Bittime Exchange. Complete the registration and identity verification process to keep your account secure.
Step 2: Account Verification (KYC)
1. Access the Verification Page
Option 1: On the login page, select Step 2: "To KYC Verify".
Option 2: Click the "Me" menu, then select "ID Verification" and click the "Start Verification" button.
2. Verify Phone Number
The system will ask you to verify your phone number first.
Enter your phone number, then follow the instructions to receive an OTP (One-Time Password) code via SMS.
Enter the OTP code into the app to complete phone number verification.
3. Select Identity Type
Select the type of identity document to be used:
KTP (Resident Identity Card) or
Passport / KITAS (For Foreign Citizens Only)
Upload a photo of your identity document:
Make sure the document photo is clear and complete.
There are no cut off or blurry parts.
4. Verify and Edit Personal Data
After the document is uploaded, the system will display your data.
Check and ensure the following data is correct:
Full name
ID card/passport number
Date of birth
Place of birth
Work
If there is any data that is not appropriate, edit it directly on that page.
If the data is correct, click the "Next" button to proceed to the next step.
5. Upload a Selfie Photo
Take a selfie using your device's camera:
Make sure the face is clearly visible.
Do not use accessories such as sunglasses or masks.
Once completed, click the "Submit" button to send your data and documents to the Verification Service.
6. Verification Process
Verification requests will be processed in a queue.
Estimated verification time is 1x24 hours.
You will receive a notification once the process is complete.
Step 3: Deposit Funds
Common payment methods:
Step 4: Buy HONEY
You can buy HONEY with Rupiah by following this tutorial:
Open your Bittime account.
Select menu Market or click the icon with a graphic image.
Select the currency pair you want to use. Select IDR if you want to buy HONEY with Rupiah.
Scroll down and click ‘Buy’.
Select the order type you want to use. Limit orders, market orders, and stop orders are available.
Enter the rupiah amount you want to buy HONEY. The minimum purchase of crypto assets on Bittime is IDR 10,000.
Click the 'Buy HONEY' button.
A pop-up notification will appear. Read it carefully and click 'Confirm'.
Enter the six-digit Transaction PIN.
The application will display a successful order notification.
Your order will appear in the open orders section if you select a limit order.
Then if the purchase is successful, you can check it in the order history.
As soon as the order is successfully executed, you can see HONEY available in the Assets menu or the wallet icon.
Step 5: Save Your HONEY
You can:
Store in exchange wallet (easier for trading)
Transfer to personal wallet such as MetaMask, Trust Wallet, Ledger
Read also: Cardano (ADA) vs Ripple (XRP): A Comprehensive Comparison Before Investing
Safe Tips for Buying HONEY
Use official Bittime Exchange & regulated
Never buy through unofficial Telegram/WhatsApp groups
Enable 2FA (Google Authenticator)
Beware of scams discount HONEY
Where Can I Buy HONEY?
Bittime is the best platform to buy and sell HONEY with competitive prices and local payment methods.
Buy directly using IDR
Low transaction fees
Spot & Futures Trading Support
The application is available at iOS & Android
➡ Starting now: Buy HONEY in seconds
Conclusion
Hivemapper (HONEY) is now more accessible to Indonesian users. This token plays a crucial role in the decentralized mapping ecosystem, incentivizing contributors and serving as a means of payment for data users.
For beginners looking to purchase HONEY, this guide can serve as a reference. However, any purchase decision should still be based on careful consideration of the risks and a thorough understanding of the project.
FAQ
Can HONEY be purchased with Rupiah in Indonesia?
Yes, HONEY is available on local exchanges that allow purchases with Rupiah.
Is HONEY only available through road data contributions?
No. In addition to becoming a contributor, users can directly purchase HONEY on various exchanges.
Which network is HONEY on?
HONEY is on the Solana blockchain.
What does burn-and-mint mean in HONEY tokenomics?
The burn-and-mint mechanism ensures that a portion of tokens are burned when data is consumed, while a small portion is re-minted as rewards for contributors.
Is it safe to buy HONEY?
Technically, it's safe, as long as you buy through a legitimate exchange and store your assets properly. However, volatility risks still need to be considered.
How to Buy Crypto on Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
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