How to Buy Bitcoin SV (BSV) in Saint Lucia

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

Step 1 – Join Kraken

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and getting your first Ethereum or Bitcoin.

Step 2 – Transmit Your Funds to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitcoin SV (BSV) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (BSV) Bitcoin SV

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

In order to find Bitcoin SV (BSV), you'll need to put the short name of the asset (BSV) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we have marked this also. Click on “BSV/BTC” to progress.

Step 4 – Acquisition of Bitcoin SV (BSV)

As soon as you've discovered Bitcoin SV (BSV), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate Bitcoin SV (BSV) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of BSV you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of BSV.

When you're happy, click on “Buy BSV”. Your plan will be filled when a Seller trades their BSV for the price you gave.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To withdraw your (BSV) Bitcoin SV, go to the “Funds” tab and click on “Withdraw”. (BSV) Bitcoin SV can be stored securely using a Wallet, e.g. 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. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congrats! You've successfully purchased and stored (BSV) Bitcoin SV in Saint Lucia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Bitcoin SV (BSV) is safe in your wallet, you are all done.