How to Buy Bitcoin SV (BSV) in New Caledonia

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. 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

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy Bitcoin SV (BSV) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To spot (BSV) Bitcoin SV, you will need to insert the short name of the asset (BSV) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “BSV/BTC” to go on.

Step 4 – Purchasing (BSV) Bitcoin SV

After you've spotted Bitcoin SV (BSV), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff (BSV) Bitcoin SV was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BSV you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of BSV.

If you're satisfied, click on “Buy BSV”. Your plan will be filled when a Seller sells their BSV for the price you offered.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you are trading, best advise is not to keep your coins on an Exchange for an extended time frame. To withdraw your Bitcoin SV (BSV), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin SV (BSV) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin SV (BSV) by using the given drop-down box. Enter the amount of Bitcoin SV (BSV) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congrats! You have successfully bought and safed (BSV) Bitcoin SV in New Caledonia.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is stored within your wallet, you're finished.