A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Saint Martin
Step 1 – Join Kraken You will first need to purchase one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin SV (BSV) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Bitcoin SV (BSV) As soon as your deposit has been approved, you'll now have access to your funds and you can commence purchasing and trading. To purchase (BSV) Bitcoin SV on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find (BSV) Bitcoin SV, you'll need to insert the shortname of the coin (BSV) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we've highlighted this also. Click on “BSV/BTC” to advance.
Step 4 – Purchasing Bitcoin SV (BSV) After you've discovered Bitcoin SV (BSV), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Bitcoin SV (BSV) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of BSV you wish to purchase. The “Total” field is the whole price in BTC that you will settle for the complete quantity of BSV. If you are glad, make a mouse click on “Buy BSV”. Your plan will be filled as soon as a Vender sells their BSV for the price you gave.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time period. In order to withdraw your (BSV) Bitcoin SV, go to the tab called “Funds” and mouse click on “Withdraw”. (BSV) Bitcoin SV can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Drop in the quantity of (BSV) Bitcoin SV you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.