A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Liberia
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum will need 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 sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Bitcoin SV (BSV) As soon as your deposit has been confirmed, you'll now have access to your assets and you can commence invest and trading. To buy (BSV) Bitcoin SV on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate Bitcoin SV (BSV), you will need to put the cointype (BSV) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this too. Click on “BSV/BTC” to advance.
Step 4 – Buy (BSV) Bitcoin SV As soon as you have discovered Bitcoin SV (BSV), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the recent price (BSV) Bitcoin SV was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BSV you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of BSV. If you're glad, 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 Bitcoin SV (BSV) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (BSV) Bitcoin SV, go to the “Funds” tab and mouse click on “Withdraw”. (BSV) Bitcoin SV can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin SV (BSV) by using the provided drop-down box. Enter the volumen of (BSV) Bitcoin SV you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.