A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Barbados
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your welcome 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (BSV) Bitcoin SV As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can launch invest and trading. To buy (BSV) Bitcoin SV on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate (BSV) Bitcoin SV, you'll need to insert the short name of the asset (BSV) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “BSV/BTC” to go ahead.
Step 4 – Purchasing (BSV) Bitcoin SV After you've located Bitcoin SV (BSV), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the most latest rate Bitcoin SV (BSV) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BSV you wish to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of BSV. When you are glad, make a mouse click on “Buy BSV”. Your order will be filled as soon as a Seller trades their BSV for the price you gave.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your Bitcoin SV (BSV), hover over the tab called “Funds” and click on “Withdraw”. (BSV) Bitcoin SV can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Drop in the amount of Bitcoin SV (BSV) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.