A Step-by-Step-Guide on how to buy BitcoinSoV (BSOV)
Step 1 – Signup to Kraken You will first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BitcoinSoV (BSOV) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate BitcoinSoV (BSOV) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can launch invest and trading. To invest in BitcoinSoV (BSOV) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find BitcoinSoV (BSOV), you'll need to put the shortname of the coin (BSOV) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this too. Click on “BSOV/BTC” to go ahead.
Step 4 – Purchasing BitcoinSoV (BSOV) As soon as you have spotted BitcoinSoV (BSOV), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price BitcoinSoV (BSOV) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BSOV you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of BSOV. If you are happy, click on “Buy BSOV”. Your order will be filled when a Seller trades their BSOV for the price you submitted.
Step 5 – Withdraw BitcoinSoV (BSOV) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. In order to take off your BitcoinSoV (BSOV), go to the tab called “Funds” and mouse click on “Withdraw”. BitcoinSoV (BSOV) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitcoinSoV (BSOV) by using the provided drop-down box. Enter the volumen of BitcoinSoV (BSOV) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.