A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in West Bank
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and to get your first $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin SV (BSV) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate (BSV) Bitcoin SV As soon as your deposit has been verified, you will directly have access to your funds and you can commence buying and trading. To invest in (BSV) Bitcoin SV on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. In order to find Bitcoin SV (BSV), you'll need to insert the short name of the asset (BSV) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “BSV/BTC” to progress.
Step 4 – Purchase (BSV) Bitcoin SV After you've spotted (BSV) Bitcoin SV, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our Limit Order. The “Price” field will be filled with the most up-to-date rate Bitcoin SV (BSV) was sold for. You can change this to your preferred price. The “Amount” field is the amount of BSV you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete quantity of BSV. If you are happy, click on “Buy BSV”. Your plan will be filled as soon as a Vendor trades their BSV for the price you submitted.
Step 5 – Withdraw (BSV) Bitcoin SV Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time frame. To take off your Bitcoin SV (BSV), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcoin SV (BSV) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSV) Bitcoin SV by using the provided drop-down box. Drop in the volumen of Bitcoin SV (BSV) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.