A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Cayman Islands
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Bitcoin SV (BSV) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can commence invest and trading. To purchase (BSV) Bitcoin SV on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to locate (BSV) Bitcoin SV, 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 have highlighted this also. Click on “BSV/BTC” to go on.
Step 4 – Buying (BSV) Bitcoin SV Once you have discovered (BSV) Bitcoin SV, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're making our own Limit Order. The “Price” field will be filled automatically with the up-to-date valuation (BSV) Bitcoin SV was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of BSV you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of BSV. When you are glad, click on “Buy BSV”. Your plan will be filled when a Vendor sells their BSV for the price you introduced.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time frame. To take off your (BSV) Bitcoin SV, go to the “Funds” tab and click on “Withdraw”. (BSV) Bitcoin SV can be safely 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'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.