A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Malta
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and receive your first 10 Dollar.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. 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 Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (BSV) Bitcoin SV As soon as your deposit has been confirmed, you will directly have access to your finances and you can launch buying and trading. To invest in Bitcoin SV (BSV) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate (BSV) Bitcoin SV, you will need to insert the short name of the asset (BSV) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “BSV/BTC” to proceed.
Step 4 – Buying (BSV) Bitcoin SV Once you have discovered Bitcoin SV (BSV), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Bitcoin SV (BSV) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of BSV you wish to purchase. The “Total” field is the total price in Bitcoin that you will pay for the complete amount of BSV. When you are happy, click on “Buy BSV”. Your order will be filled as soon as a Seller sells their BSV for the price you offered.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you are trading, never keep your coins on an Exchange for an extended period of time. In order to withdraw your (BSV) Bitcoin SV, hover over the tab called “Funds” and click on “Withdraw”. (BSV) Bitcoin SV can be securely stored 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 Bitcoin SV (BSV) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.