How to Buy Bitcoin SV (BSV) in Honduras

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate (BSV) Bitcoin SV

Once your deposit has been affirmed, you will now have access to your assets and you can begin purchasing and trading. To buy Bitcoin SV (BSV) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

To discover (BSV) Bitcoin SV, you'll need to put the shortname of the coin (BSV) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “BSV/BTC” to go on.

Step 4 – Purchasing Bitcoin SV (BSV)

As soon as you have found (BSV) Bitcoin SV, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Bitcoin SV (BSV) was traded for. This can be changed to your favoured price. The “Amount” field is the amount of BSV you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of BSV.

If you're satisfied, make a mouse click on “Buy BSV”. Your order will be filled when a Vendor trades their BSV for the price you submitted.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. In order to withdraw your (BSV) Bitcoin SV, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin SV (BSV) by using the given drop-down box. Put into the volumen of Bitcoin SV (BSV) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congratulations! You've successfully bought and safed (BSV) Bitcoin SV in Honduras.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is stored in your wallet, you are done.