How to Buy Bitcoin SV (BSV)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Bitcoin SV (BSV) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find Bitcoin SV (BSV)

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can initiate invest and trading. To buy Bitcoin SV (BSV) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to find Bitcoin SV (BSV), you will need to insert the cointype (BSV) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BSV/BTC” to proceed.

Step 4 – Purchasing Bitcoin SV (BSV)

As soon as you've spotted Bitcoin SV (BSV), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent valuation Bitcoin SV (BSV) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of BSV you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of BSV.

When you are happy, make a mouse click on “Buy BSV”. Your order will be filled when a Vendor trades their BSV for the price you gave.

Step 5 – Withdraw Bitcoin SV (BSV)

Unless you're frequently trading, never keep your coins on an Exchange for an extensive time frame. To take off your Bitcoin SV (BSV), go to the tab called “Funds” and click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin SV (BSV) by using the given drop-down box. Enter the quantity of Bitcoin SV (BSV) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.