A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Denmark
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitcoin SV (BSV) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) 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 ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (BSV) Bitcoin SV Once your deposit has been approved, you will instantly have access to your assets and you can commence purchasing and trading. To buy Bitcoin SV (BSV) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot (BSV) Bitcoin SV, you will 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 correct pairing, we have marked this also. Click on “BSV/BTC” to proceed.
Step 4 – Purchase (BSV) Bitcoin SV After you've discovered Bitcoin SV (BSV), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Bitcoin SV (BSV) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of BSV you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of BSV. If you are satisfied, click on “Buy BSV”. Your plan will be filled when a Vender sells their BSV for the price you submitted.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer time frame. In order to take off your Bitcoin SV (BSV), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the given drop-down box. Put into the amount of (BSV) Bitcoin SV you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You could be asked for verfication via email/phone before a take off.