A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Azerbaijan
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting your first 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an 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 example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Bitcoin SV (BSV) As soon as your deposit has been approved, you'll directly have access to your finances and you can commence buying and trading. To purchase Bitcoin SV (BSV) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to discover (BSV) Bitcoin SV, you'll need to insert the cointype (BSV) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “BSV/BTC” to continue.
Step 4 – Buying Bitcoin SV (BSV) Once you've located (BSV) Bitcoin SV, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The “Price” field will be automatically filled with the most latest tariff Bitcoin SV (BSV) was traded for. This can be changed to your desired price. The “Amount” field is the amount of BSV you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of BSV. When you are glad, make a mouse click on “Buy BSV”. Your order will be filled when a Seller trades their BSV for the price you introduced.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're regularly trading, never keep your coins on an Exchange for an extensive time period. To take off your Bitcoin SV (BSV), hover over the tab called “Funds” and mouse click on “Withdraw”. (BSV) Bitcoin SV can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin SV (BSV) by using the given drop-down box. Enter the amount of (BSV) Bitcoin SV you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.