How to Buy Bitcoin SV (BSV) in Austria

A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Austria

Step 1 – Join Coinbase and get 10$ for free

You will first need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your first 10 Dollar.

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate (BSV) Bitcoin SV

As soon as your deposit has been verified, you will immediately have access to your funds and you can start buying and trading. To invest in Bitcoin SV (BSV) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To discover (BSV) Bitcoin SV, you will need to insert the cointype (BSV) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we have marked this also. Click on “BSV/BTC” to go on.

Step 4 – Buy Bitcoin SV (BSV)

Once you have discovered Bitcoin SV (BSV), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The “Price” field will be filled with the most latest rate Bitcoin SV (BSV) was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of BSV you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete quantity of BSV.

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

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (BSV) Bitcoin SV, go to the “Funds” tab and click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin SV (BSV) by using the provided drop-down box. Put into the volumen of Bitcoin SV (BSV) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congratulations! You've successfully bought and stored (BSV) Bitcoin SV in Austria.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (BSV) Bitcoin SV is stored inside your wallet, you're finished.