How to Buy Bitcoin SV (BSV) in Saint Vincent And The Grenadines

A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Saint Vincent And The Grenadines

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin SV (BSV) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate (BSV) Bitcoin SV

Once your deposit has been approved, you will directly have access to your assets and you can begin purchasing and trading. To purchase (BSV) Bitcoin SV on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot (BSV) Bitcoin SV, you will need to put the short name of the asset (BSV) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've highlighted this too. Click on “BSV/BTC” to go ahead.

Step 4 – Acquisition of (BSV) Bitcoin SV

Once you've located Bitcoin SV (BSV), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled with the most recent rate Bitcoin SV (BSV) was traded for. This can be changed to your preferred price. The “Amount” field is the amount of BSV you want to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole volumen of BSV.

If you are satisfied, click on “Buy BSV”. Your order will be filled as soon as a Vender trades their BSV for the price you submitted.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive period of time. In order to take off your (BSV) Bitcoin SV, go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin SV (BSV) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin SV (BSV) by using the given drop-down box. Put into the volumen of Bitcoin SV (BSV) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and safed Bitcoin SV (BSV) in Saint Vincent And The Grenadines.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the Bitcoin SV (BSV) is safe inside your wallet, you are done.