A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in American Samoa
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting your first Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitcoin SV (BSV) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (BSV) Bitcoin SV Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To purchase Bitcoin SV (BSV) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find (BSV) Bitcoin SV, you'll need to put the cointype (BSV) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have marked this also. Click on “BSV/BTC” to progress.
Step 4 – Purchase Bitcoin SV (BSV) Once you've located (BSV) Bitcoin SV, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are making our Limit Order. The field with the “Price” tag will be automatically filled with the latest rate (BSV) Bitcoin SV was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BSV you like to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the whole amount of BSV. If you are happy, click on “Buy BSV”. Your order will be filled as soon as a Seller trades their BSV for the price you gave.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. To take off your (BSV) Bitcoin SV, go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BSV) Bitcoin SV by using the provided drop-down box. Drop in the amount of Bitcoin SV (BSV) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.