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How & where to buy Bitcoin SV (BSV) online

Use our step-by-step guide to learn how and where to buy Bitcoin SV on the top 5+ crypto exchanges.

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Updated: May 11, 2023

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Bitcoin SV tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Bitcoin SV this way. Follow our quick step guide below.

How to buy Bitcoin SV instantly in 3 simple steps

To buy Bitcoin SV you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to OKX

OKX is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.

Step 2. Make a deposit

Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.

Step 3. Buy Bitcoin SV token

Type BSV into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.

Now you own Bitcoin SV tokens! It’s as simple as that.

Where to buy BSV easily

The overall best exchange to buy Bitcoin SV token for beginners is OKX . Bitcoin SV is also available on lots of other cryptocurrency exchanges.

Here are the top three places to buy Bitcoin SV, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

Best exchanges to buy Bitcoin SV (BSV), reviewed

1. OKX. Best for futures and margin trading

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No. assets

$50

Minimum deposit

Crypto

Platform type

Pros & Cons

Stake ETH to freely mint FIFA WORLD CUP 2022 NFTs & big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods

Not available in the US Lack of fiat withdrawal options

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools.

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Visit OKX OKX Review

How to trade BSV

You can trade Bitcoin SV on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how BSV crypto trading works:

Monitor the price: Let’s say the price of BSV/USDT is $1. You read the price charts and decide that now is a good time to start purchasing BSV.
Open a trade: You trade one USDT for one BSV ($1 for 1 BSV).
Continue to monitor the price: The next day, one BSV token is now worth $2, a 100% increase.
Close your trade: You trade your BSV token back to USDT for $2.

In this example, you buy and sell Bitcoin SV, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Bitcoin SV (BSV)?

The simplest way to buy Bitcoin SV cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for BSV.

Buy Bitcoin SV with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.

Buy Bitcoin SV with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).

Buy Bitcoin SV with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.

Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Bitcoin SV (BSV)?

Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Bitcoin SV then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Bitcoin SV wallets to use are MetaMask and the Ledger Nano S.

Is Bitcoin SV (BSV) a good investment?

Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Bitcoin SV and its token to help you decide whether to invest in BSV.

Bitcoin SV can process more transactions than Bitcoin. Bitcoin SV is a fork of the Bitcoin Cash blockchain, which itself is a fork of the original Bitcoin blockchain. One of the main differences between BSV and bitcoin is the block size. BSV has a larger block size than regular Bitcoin, which means it can process more transactions per second. This makes it more scalable and better suited to everyday transactions.
BSV is considered more scaleable than Bitcoin. BSV offers a more scalable solution than Bitcoin and other blockchain projects. BSV can complete transactions quickly and at a low cost, making it more suitable for use in the global economy.
It offers very little innovation compared to Bitcoin and other cryptos. However, besides the enhanced block size, Bitcoin SV has little else to offer in innovation. BSV’s development team is focused on maintaining the integrity of the original Bitcoin protocol and scaling its capabilities. Therefore, it has a different level of innovation than other blockchain projects.
BSV has a small community. As a result of this lack of innovation, BSV has yet to capture the same kind of community as Bitcoin. Bitcoin has a large and active community of developers, users, and businesses who support the project and contribute to its development. BSV, on the other hand, has a smaller and less active community.
Its price has fallen since it was created. Since its inception, the price of Bitcoin SV has continuously trended lower. One major factor is that BSV has a smaller and less active community than other blockchain projects, such as Bitcoin. This means that there is less demand for BSV, and as a result, the price is lower. Additionally, an ongoing debate about its scalability and suitability as a global ledger also negatively affected its market sentiment.

Use this quick summary of pros and cons to compare Bitcoin SV with other, similar projects.

Pros

As a fork of Bitcoin (via Bitcoin Cash) BSV is well-understood by investors
BSV is especially volatile and, therefore, interesting to traders. Especially while the team behind it continue to court controversy
The increased block size of BSV means it’s much more scalable than Bitcoin

Cons

An outspoken chain leader could do more harm than good
Apart from the increased blocksize, it’s easy to argue that BSV doesn’t offer much more than BTC
BSV has some big supporters but remains relatively unpopular compared to other similar coins forked from Bitcoin

Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

How has Bitcoin SV (BSV) performed this year?

The current Bitcoin SV price today is $44.81, which is 68.45% below its all time high of $143.00, which it reached on 11 December, 2021. BSV is up 9.05% this year, with a 52 week high of $112.30 and a 52 week low of $35.13.

Is now a good time to buy Bitcoin SV?

The answer depends on the current price and your own investment goals. Put simply, buying Bitcoin SV, selling Bitcoin SV, and trading BSV are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.

If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Bitcoin SV.
As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of Bitcoin SV and its decentralised aggregator platform, then a good time to purchase Bitcoin SV is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Bitcoin SV and selling it the next day probably isn’t why you’re here either.

Regardless, closely following BSV price news & analysis will help you decide when to pull the trigger:

Bitcoin SV Suffers a 51% Attack; Hackers reorganise up to 14 blocks

Bitcoin SV (BSV/USD), the 42nd-largest cryptocurrency by market capitalization, has suffered a 51% attack. The attack started at 3:45 PM yesterday. Reportedly, this hack resulted in the simultaneous mining of up to three versions of the chain. According to the report, Coin Metrics, a renowned provid

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Bitcoin SV (BSV) deposits blocked on crypto exchanges following the recent attack

Developers of the recently attacked Bitcoin SV have identified a wallet address on the platform linked with a series of illegal activities. The attack, according to reports, was undertaken to cover up the illegal double-spending on BSV tokens. These types of attacks are not difficult on Bitcoin SV (

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Users to enjoy more digital asset options as tZERO updates crypto app

Leader in blockchain innovation tZERO has announced an update for its crypto app. According to the firm, the update includes the addition of seven more cryptocurrencies to its platform as well as the introduction of a higher buy limit. The update, which will be available on both Android and iOS devi

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