A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in India
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Bitcoin SV (BSV) Once your deposit has been affirmed, you'll immediately have access to your funds and you can initiate buying and trading. To purchase Bitcoin SV (BSV) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover (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 selected the right grouping, we've marked this also. Click on “BSV/BTC” to progress.
Step 4 – Buy (BSV) Bitcoin SV As soon as you have found (BSV) Bitcoin SV, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest price (BSV) Bitcoin SV was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BSV you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of BSV. When you are satisfied, make a mouse click on “Buy BSV”. Your order will be filled as soon as 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 crypto coins on an Exchange for an longer period of time. In order to take off your (BSV) Bitcoin SV, hover over the tab called “Funds” and click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BSV) Bitcoin SV by using the provided drop-down box. Enter the volumen of Bitcoin SV (BSV) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.