How to Buy Bitcoin SV (BSV) in Uruguay

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your first Ethereum or Bitcoin.

Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate Bitcoin SV (BSV)

Once your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To buy Bitcoin SV (BSV) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To locate Bitcoin SV (BSV), you'll need to put the cointype (BSV) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've marked this also. Click on “BSV/BTC” to go on.

Step 4 – Buying Bitcoin SV (BSV)

Once you have discovered Bitcoin SV (BSV), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price Bitcoin SV (BSV) was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of BSV you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of BSV.

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

Step 5 – Withdraw Bitcoin SV (BSV)

Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time period. In order to withdraw your Bitcoin SV (BSV), hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin SV (BSV) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BSV) Bitcoin SV by using the given drop-down box. Put into the volumen of (BSV) Bitcoin SV you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

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

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (BSV) Bitcoin SV is stored inside your wallet, you are all done.
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