How to Buy Bitcoin SV (BSV) in Sri Lanka

A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Sri Lanka

Step 1 – Join Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your first Bitcoin or Ethereum.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin SV (BSV) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Bitcoin SV (BSV)

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

In order to spot Bitcoin SV (BSV), you'll need to insert the short name of the asset (BSV) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “BSV/BTC” to progress.

Step 4 – Acquisition of Bitcoin SV (BSV)

As soon as you have discovered (BSV) Bitcoin SV, 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). For now we are making our Limit Order.

The “Price” field will be filled automatically with the up-to-date tariff Bitcoin SV (BSV) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of BSV you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of BSV.

When you are glad, 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 frequently trading, never keep your crypto on an Exchange for an extensive time period. In order to take off your (BSV) Bitcoin SV, hover over the “Funds” tab and 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. Drop in the quantity of Bitcoin SV (BSV) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Kudos! You have successfully purchased and safed Bitcoin SV (BSV) in Sri Lanka.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is safe within your wallet, you're done.