A Step-by-Step-Guide on how to buy BitcoinSoV (BSOV)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BitcoinSoV (BSOV) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate BitcoinSoV (BSOV) Once your deposit has been affirmed, you will immediately have access to your finances and you can initiate purchasing and trading. To buy (BSOV) BitcoinSoV on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate BitcoinSoV (BSOV), you will need to insert the short name of the asset (BSOV) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “BSOV/BTC” to go ahead.
Step 4 – Buy (BSOV) BitcoinSoV After you have located BitcoinSoV (BSOV), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate BitcoinSoV (BSOV) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of BSOV you wish to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete volumen of BSOV. If you're glad, make a mouse click on “Buy BSOV”. Your plan will be filled as soon as a Vendor trades their BSOV for the price you introduced.
Step 5 – Withdraw (BSOV) BitcoinSoV Unless you're regularly trading, never keep your crypto coins on an Exchange for an extensive period of time. To take off your (BSOV) BitcoinSoV, hover over the “Funds” tab and mouse click on “Withdraw”. (BSOV) BitcoinSoV can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find BitcoinSoV (BSOV) by using the provided drop-down box. Drop in the quantity of BitcoinSoV (BSOV) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.