A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Pitcairn Islands
Step 1 – Join Kraken You will first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Bitcoin SV (BSV) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) 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, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Bitcoin SV (BSV) As soon as your deposit has been verified, you'll now have access to your assets and you can begin purchasing and trading. To invest in Bitcoin SV (BSV) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To find (BSV) Bitcoin SV, you will need to insert the cointype (BSV) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BSV/BTC” to progress.
Step 4 – Buying (BSV) Bitcoin SV After you've spotted (BSV) Bitcoin SV, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff (BSV) Bitcoin SV was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of BSV you like to purchase. The “Total” field is the whole price in BTC that you will pay for the complete volumen of BSV. When you're satisfied, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vendor sells their BSV for the price you gave.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. To withdraw your Bitcoin SV (BSV), go to the tab called “Funds” and click on “Withdraw”. Bitcoin SV (BSV) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Put into the amount of Bitcoin SV (BSV) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.