How to Buy Bitcoin SV (BSV) in Venezuela

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate Bitcoin SV (BSV)

Once your deposit has been confirmed, you will directly have access to your funds and you can launch buying and trading. To invest in (BSV) Bitcoin SV on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To locate Bitcoin SV (BSV), you'll need to put the short name of the asset (BSV) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “BSV/BTC” to go on.

Step 4 – Purchasing (BSV) Bitcoin SV

After you have spotted Bitcoin SV (BSV), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation (BSV) Bitcoin SV was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BSV you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of BSV.

When you are satisfied, click on “Buy BSV”. Your order will be filled as soon as a Vendor sells their BSV for the price you offered.

Step 5 – Withdraw (BSV) Bitcoin SV

Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your Bitcoin SV (BSV), go to the tab called “Funds” and click on “Withdraw”. (BSV) Bitcoin SV can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin SV (BSV) by using the given drop-down box. Put into the quantity of (BSV) Bitcoin SV you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congrats! You have successfully purchased and stored Bitcoin SV (BSV) in Venezuela.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Bitcoin SV (BSV) is stored in your wallet, you are all done.
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