A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Reunion
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bitcoin SV (BSV) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (BSV) Bitcoin SV As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can start buying and trading. To buy (BSV) Bitcoin SV on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Bitcoin SV (BSV), you'll need to put the cointype (BSV) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “BSV/BTC” to progress.
Step 4 – Purchasing Bitcoin SV (BSV) As soon as you've discovered Bitcoin SV (BSV), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate (BSV) Bitcoin SV was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BSV you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete amount of BSV. When you are glad, make a mouse click on “Buy BSV”. Your plan will be filled as soon as a Seller trades their BSV for the price you offered.
Step 5 – Withdraw Bitcoin SV (BSV) Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your (BSV) Bitcoin SV, go to the “Funds” tab and click on “Withdraw”. Bitcoin SV (BSV) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin SV (BSV) by using the provided drop-down box. Drop in the amount of (BSV) Bitcoin SV you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.