A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in New Zealand
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (BSV) Bitcoin SV Once your deposit has been confirmed, you'll now have access to your assets and you can launch invest and trading. To invest in (BSV) Bitcoin SV on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To find Bitcoin SV (BSV), you will need to insert the shortname of the coin (BSV) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this too. Click on “BSV/BTC” to advance.
Step 4 – Acquisition of Bitcoin SV (BSV) As soon as you have located Bitcoin SV (BSV), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The “Price” field will be filled with the up-to-date rate (BSV) Bitcoin SV was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of BSV you like to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete amount of BSV. If you are satisfied, make a mouse click on “Buy BSV”. Your plan will be filled when a Vender trades their BSV for the price you offered.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you're frequently trading, best advise is not to keep your coins on an Crypto 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 safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Drop in the amount of (BSV) Bitcoin SV you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.