A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Bahamas
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has 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 will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (BSV) Bitcoin SV As soon as your deposit has been approved, you will instantly have access to your funds and you can initiate invest and trading. To invest in Bitcoin SV (BSV) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To find (BSV) Bitcoin SV, you will need to put the cointype (BSV) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have marked this too. Click on “BSV/BTC” to progress.
Step 4 – Purchasing (BSV) Bitcoin SV After you have discovered Bitcoin SV (BSV), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The “Price” field will be filled automatically with the up-to-date rate Bitcoin SV (BSV) was sold for. You can change this to your desired rate. The “Amount” field is the amount of BSV you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of BSV. If you're happy, make a mouse click on “Buy BSV”. Your plan will be filled when a Vender sells their BSV for the price you submitted.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (BSV) Bitcoin SV, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BSV) Bitcoin SV by using the provided drop-down box. Enter the amount of (BSV) Bitcoin SV you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be asked for email/phone verification before a take off.