How to Buy Bitcoin SV (BSV) in Barbados

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. 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 how-to)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (BSV) Bitcoin SV

Once your deposit has been approved, you will now have access to your assets and you can initiate invest and trading. To buy (BSV) Bitcoin SV on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot Bitcoin SV (BSV), you'll need to put the shortname of the coin (BSV) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this also. Click on “BSV/BTC” to go on.

Step 4 – Buying (BSV) Bitcoin SV

As soon as you've located (BSV) Bitcoin SV, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (BSV) Bitcoin SV was traded for. You can change this to your favoured price. The “Amount” field is the quantity of BSV you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of BSV.

When you are glad, click on “Buy BSV”. Your order will be filled as soon as a Seller trades their BSV for the price you offered.

Step 5 – Withdraw Bitcoin SV (BSV)

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended period of time. In order to take off your Bitcoin SV (BSV), go to the tab called “Funds” and click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin SV (BSV) by using the provided drop-down box. Put into the quantity of (BSV) Bitcoin SV you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congratulations! You've successfully purchased and safed (BSV) Bitcoin SV in Barbados.

That's it!

Take offs from Crypto Exchange can take between 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 Bitcoin SV (BSV) is safe inside your wallet, you're finished.