How to Buy Bitcoin SV (BSV) in Armenia

A Step-by-Step-Guide on how to buy Bitcoin SV (BSV) in Armenia

Step 1 – Join Coinmama

You'll first need to purchase units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin SV (BSV) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate {Bitcoin SV (BSV)|(BSV) Bitcoin SV}

Once your deposit has been verified, you will now have access to your finances and you can begin purchasing and trading. To buy {Bitcoin SV (BSV)|(BSV) Bitcoin SV} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to locate {Bitcoin SV (BSV)|(BSV) Bitcoin SV}, you will need to insert the cointype (BSV) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “BSV/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin SV (BSV)
Step 4 – Acquisition of {Bitcoin SV (BSV)|(BSV) Bitcoin SV}

After you have found {Bitcoin SV (BSV)|(BSV) Bitcoin SV}, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled with the most latest tariff {Bitcoin SV (BSV)|(BSV) Bitcoin SV} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BSV you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of BSV.

When you're glad, make a mouse click on “Buy BSV”. Your plan will be filled when a Vendor sells their BSV for the price you offered.

Step 5 – Withdraw {Bitcoin SV (BSV)|(BSV) Bitcoin SV}

Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To take off your {Bitcoin SV (BSV)|(BSV) Bitcoin SV}, go to the ”Funds” tab and click on “Withdraw”. {Bitcoin SV (BSV)|(BSV) Bitcoin SV} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Bitcoin SV (BSV)|(BSV) Bitcoin SV} by using the given drop-down box. Drop in the amount of {Bitcoin SV (BSV)|(BSV) Bitcoin SV} you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Congrats! You have successfully bought and stored Bitcoin SV (BSV) in Armenia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {Bitcoin SV (BSV)|(BSV) Bitcoin SV} is safe inside your wallet, you are all done.

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