A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Zambia
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an 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 illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Bitcoin SV (BSV) Once your deposit has been approved, you will immediately have access to your finances and you can initiate purchasing and trading. To buy (BSV) Bitcoin SV on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (BSV) Bitcoin SV, you'll need to put the shortname of the coin (BSV) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “BSV/BTC” to go ahead.
Step 4 – Purchase Bitcoin SV (BSV) Once you've discovered (BSV) Bitcoin SV, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (BSV) Bitcoin SV was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of BSV you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of BSV. If you're happy, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Vender sells their BSV for the price you submitted.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To take off your (BSV) Bitcoin SV, go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin SV (BSV) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin SV (BSV) by using the provided drop-down box. Put into the amount of Bitcoin SV (BSV) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.