A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Chad
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. 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 this manual) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate (BSV) Bitcoin SV As soon as your deposit has been affirmed, you will now have access to your assets and you can start purchasing and trading. To purchase Bitcoin SV (BSV) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate (BSV) Bitcoin SV, you will need to insert the cointype (BSV) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “BSV/BTC” to continue.
Step 4 – Buy Bitcoin SV (BSV) Once you have found (BSV) Bitcoin SV, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff Bitcoin SV (BSV) was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of BSV you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of BSV. If you are happy, click on “Buy BSV”. Your order will be filled as soon as a Vendor sells their BSV for the price you gave.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your (BSV) Bitcoin SV, go to the “Funds” tab and click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin SV (BSV) by using the provided drop-down box. Drop in the volumen of Bitcoin SV (BSV) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.