How to Buy Bitcoin SV (BSV) in Latvia

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

Step 1 – Signup to Kraken

You will first need to buy units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate (BSV) Bitcoin SV

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can begin 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 mouse click on “Basic”.

In order to spot Bitcoin SV (BSV), you'll need to put the cointype (BSV) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “BSV/BTC” to continue.

Step 4 – Purchase (BSV) Bitcoin SV

As soon as you have discovered Bitcoin SV (BSV), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date valuation Bitcoin SV (BSV) was sold for. You can change this to your desired price. The “Amount” field is the volumen of BSV you want to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of BSV.

If you're glad, 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 frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Bitcoin SV (BSV), hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BSV) Bitcoin SV by using the given drop-down box. Put into the volumen of (BSV) Bitcoin SV you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

Congratulations! You have successfully bought and stored Bitcoin SV (BSV) in Latvia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is safe inside your wallet, you're finished.