A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Mali
Step 1 – Signup to Kraken You will first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have 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 funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (BSV) Bitcoin SV As soon as your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To invest in Bitcoin SV (BSV) on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. To spot (BSV) Bitcoin SV, you'll need to put the short name of the asset (BSV) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this also. Click on “BSV/BTC” to continue.
Step 4 – Purchasing Bitcoin SV (BSV) Once you've found Bitcoin SV (BSV), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our own Limit Order. The “Price” field will be automatically filled with the most up-to-date 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 like to buy. The “Total” field is the whole price in BTC that you will settle for the whole volumen of BSV. When you are glad, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vendor sells their BSV for the price you offered.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your Bitcoin SV (BSV), go to the tab called “Funds” and click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Put into the amount of (BSV) Bitcoin SV you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.