A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Cook Islands
Step 1 – Join Kraken You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum 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 sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Bitcoin SV (BSV) Once your deposit has been confirmed, you'll immediately have access to your finances and you can launch buying and trading. To buy Bitcoin SV (BSV) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot (BSV) Bitcoin SV, you'll need to insert the short name of the asset (BSV) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “BSV/BTC” to go ahead.
Step 4 – Acquisition of Bitcoin SV (BSV) After you have found (BSV) Bitcoin SV, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order. The “Price” field will be filled with the most up-to-date price (BSV) Bitcoin SV was traded for. This can be changed to your desired price. The “Amount” field is the quantity of BSV you wish to buy. The “Total” field is the whole price in BTC that you will pay for the whole quantity of BSV. If you are happy, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vender sells their BSV for the price you gave.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're regularly trading, never keep your coins on an Crypto Exchange for an longer time period. In order to take off your Bitcoin SV (BSV), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Put into the quantity of (BSV) Bitcoin SV you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.