A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Azerbaijan
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (BSV) Bitcoin SV As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence invest and trading. To invest in (BSV) Bitcoin SV on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To locate Bitcoin SV (BSV), you'll need to insert the short name of the asset (BSV) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this also. Click on “BSV/BTC” to continue.
Step 4 – Acquisition of (BSV) Bitcoin SV As soon as you've found (BSV) Bitcoin SV, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our Limit Order. The “Price” field will be filled with the most up-to-date valuation Bitcoin SV (BSV) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BSV you wish to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the whole volumen of BSV. When you are glad, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vendor trades their BSV for the price you offered.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. In order to withdraw your Bitcoin SV (BSV), hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the given drop-down box. Put into the quantity of Bitcoin SV (BSV) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification before a withdrawal.