How to Buy Bitcoin SV (BSV) in Montserrat

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency 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. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find (BSV) Bitcoin SV

Once your deposit has been affirmed, you will instantly have access to your finances and you can initiate buying and trading. To buy (BSV) Bitcoin SV on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to locate (BSV) Bitcoin SV, you will need to insert the shortname of the coin (BSV) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “BSV/BTC” to progress.

Step 4 – Buying Bitcoin SV (BSV)

Once you have located Bitcoin SV (BSV), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price Bitcoin SV (BSV) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BSV you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of BSV.

When you are satisfied, make a mouse click on “Buy BSV”. Your order will be filled when a Vender sells their BSV for the price you submitted.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. To take off your Bitcoin SV (BSV), go to the tab called “Funds” and mouse click on “Withdraw”. (BSV) Bitcoin SV can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BSV) Bitcoin SV by using the provided drop-down box. Put into the volumen of Bitcoin SV (BSV) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.

Congratulations! You have successfully purchased and stored (BSV) Bitcoin SV in Montserrat.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is stored inside your wallet, you're all done.