A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Netherlands
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your first Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Bitcoin SV (BSV) As soon as your deposit has been approved, you'll now have access to your finances and you can begin buying and trading. To invest in Bitcoin SV (BSV) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find Bitcoin SV (BSV), you will need to insert the cointype (BSV) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this also. Click on “BSV/BTC” to proceed.
Step 4 – Purchasing Bitcoin SV (BSV) Once you've located Bitcoin SV (BSV), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our own Limit Order. The “Price” field will be automatically filled with the up-to-date tariff Bitcoin SV (BSV) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of BSV you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of BSV. When you are glad, click on “Buy BSV”. Your plan will be filled when a Seller trades their BSV for the price you submitted.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your (BSV) Bitcoin SV, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BSV) Bitcoin SV by using the provided drop-down box. Enter the quantity of (BSV) Bitcoin SV you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.