A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Malta
Step 1 – Join Kraken You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin SV (BSV) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (BSV) Bitcoin SV Once your deposit has been affirmed, you will now have access to your assets and you can initiate buying and trading. To buy (BSV) Bitcoin SV on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. In order to discover Bitcoin SV (BSV), you will need to insert the shortname of the coin (BSV) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've marked this too. Click on “BSV/BTC” to go ahead.
Step 4 – Purchase Bitcoin SV (BSV) As soon as you have spotted Bitcoin SV (BSV), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we're going to create our Limit Order. The “Price” field will be filled with the up-to-date price (BSV) Bitcoin SV was traded for. You can change this to your preferred rate. The “Amount” field is the amount of BSV you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of BSV. If you're satisfied, click on “Buy BSV”. Your order will be filled when a Seller trades their BSV for the price you submitted.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to take off your Bitcoin SV (BSV), hover over the “Funds” tab and mouse click on “Withdraw”. (BSV) Bitcoin SV can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin SV (BSV) by using the given drop-down box. Drop in the amount of (BSV) Bitcoin SV you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a take off.