A Step-by-Step-Guide on how to buy Bitcoin SV (BSV)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and getting your first 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Bitcoin SV (BSV) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch purchasing and trading. To buy Bitcoin SV (BSV) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover Bitcoin SV (BSV), you'll need to put the short name of the asset (BSV) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this also. Click on “BSV/BTC” to advance.
Step 4 – Acquisition of Bitcoin SV (BSV) After you have found Bitcoin SV (BSV), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the recent price Bitcoin SV (BSV) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BSV you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of BSV. If you are happy, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vendor trades their BSV for the price you submitted.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. In order to take off your (BSV) Bitcoin SV, go to the ”Funds” tab and click on “Withdraw”. (BSV) Bitcoin SV can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Put into the volumen of (BSV) Bitcoin SV you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.