How to Buy Bitcoin SV (BSV) in Libya

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

Step 1 – Signup to Kraken

You will first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin SV (BSV) is obtainable 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 this guide)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find (BSV) Bitcoin SV

As soon as your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To invest in Bitcoin SV (BSV) on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To locate (BSV) Bitcoin SV, you'll need to put the shortname of the coin (BSV) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this also. Click on “BSV/BTC” to continue.

Step 4 – Acquisition of Bitcoin SV (BSV)

After you have located (BSV) Bitcoin SV, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are making our Limit Order.

The field with the “Price” tag will be filled with the most latest price Bitcoin SV (BSV) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of BSV you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of BSV.

If you are satisfied, click on “Buy BSV”. Your order will be filled as soon as a Vender sells their BSV for the price you offered.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your (BSV) Bitcoin SV, go to the “Funds” tab and mouse click on “Withdraw”. (BSV) Bitcoin SV can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BSV) Bitcoin SV by using the provided drop-down box. Enter the volumen of (BSV) Bitcoin SV you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully purchased and safed (BSV) Bitcoin SV in Libya.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BSV) Bitcoin SV is safe in your wallet, you're done.