A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Madagascar
Step 1 – Signup to Kraken You will first need to buy one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate (BSV) Bitcoin SV As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To purchase (BSV) Bitcoin SV on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. To locate Bitcoin SV (BSV), you will need to put the short name of the asset (BSV) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “BSV/BTC” to advance.
Step 4 – Buying (BSV) Bitcoin SV Once you have spotted Bitcoin SV (BSV), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation Bitcoin SV (BSV) was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of BSV you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of BSV. When you're satisfied, make a mouse click on “Buy BSV”. Your plan will be filled as soon as a Vendor sells their BSV for the price you submitted.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you're frequently trading, you should never keepyour crypto on an Exchange for an longer time frame. In order to take off your Bitcoin SV (BSV), go to 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 Bitcoin SV (BSV) by using the given drop-down box. Put into the quantity of (BSV) Bitcoin SV you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You could be asked for email/phone verification before a withdrawal.