Buy Bitcoin SV 2022 – The Guide to BSV Coin

John James
October 2, 2021
Buy Bitcoin SV
Buy Bitcoin SV 2020 – The Guide to BSV Coin
Buy Bitcoin SV 2020 – The Guide to BSV Coin

Bitcoin SV (BSV or also: BCHSV) is a cryptocurrency that emerged from a spin-off (“hard fork”) from the Bitcoin Cash blockchain in November 2018. Find out how and where to buy Bitcoin SV here !

You can also find out important information about the coin and which exchanges are available or whether you can also get the BCHSV coins with PayPal, SOFORT-Überweisung and Co.

Buy Bitcoin SV: What to Look For

Since Bitcoin SV itself wants to go back to the vision of the Bitcoin founder and thus save from the hash war, there are also some differences when buying. Above all, one should pay attention to the following factors:

  • Where is the best place to buy Bitcoin SV?
  • Do I want to hold Bitcoin SV for the long term, use it for IoT applications or speculate on the course?
  • How does a Bitcoin SV wallet work?
  • Is it worth investing in Bitcoin SV?

Table of Contents

Where to buy Bitcoin SV Our broker and stock exchange comparison:

How to buy Bitcoin SV: three step guide

Since you have decided to buy Bitcoin SV, we will now show you in detail how to buy Bitcoin SV. We use the broker ETFinance for this, as it stands out in terms of customer support, security and price . There are also hardly any brokers with whom you can invest in Bitcoin SV without detours.

First step: registration with a broker

First, you register with a broker.

At ETFinance you can also choose from a wide variety of payment options. For example bank transfer, Skrill, Neteller, Rapid, and also with credit card. Of course, the deposit does not cost anything with our test winner.

First we click the link to register ETFinance:

Enter your email and password in the form :

After we have registered we come straight to the trading menu. A demo credit of € 50,000 is automatically credited to us here.

Second step: top up your account

To buy Bitcoin SV, all you have to do now is deposit money. To do this, click on the green “Deposit” button at the top right.

After you have clicked on the button, a menu will open. Here you select the desired payment method and the amount you want to pay.

Buy Bitcoin SV with credit card, instant transfer and more

Buy Bitcoin SV

In our example we show the purchase with a credit card. ETFinance also offers other deposit options :

Payment optionpossible?
Buy Bitcoin SV with a credit card✔️
Buy Bitcoin SV with PayPal
Buy Bitcoin SV with Rapid Transfer✔️
Buy Bitcoin SV with Skrill✔️
Buy Bitcoin SV with bank transfer✔️
Buy Bitcoin SV with Neteller✔️
Buy Bitcoin SV with UnionPay

Third step: buy Bitcoin SV

Now that we have funded our account, we can begin the actual Bitcoin SV purchase . To do this, we click in the search field above and enter “Bitcoin SV” there.

Now we select “BSVUSD”. On the blue button “Open trading position” we get to the purchase menu.

After you have clicked on the button, the various purchase options now open.

  1. With the tabs “Now” and “At the price” you can choose whether you want to buy Bitcoin SV at the current market price (Now) or at a limit set by you (At the price).
  2. At Trade Amount you choose how much you want to invest in Bitcoin SV for.
  3. With “Multiplier” you select the leverage with which you want to buy Bitcoin SV. As an example: With a leverage x2 you fictitiously invest twice as much money as your actual deposit. If Bitcoin SV increased by € 100, you would make € 200 profit with the x2 leverage! However, the same in the negative area. You can also set the multiplier to x1 so that Bitcoin SV is 1 to 1 based on the market price.
  4. Here you can see the commission that you have to pay when buying Bitcoin SV. In this case it is 0.0141%.

Then we have the Bitcoin SV in our portfolio, the purchase is complete!

Buy Bitcoin SV or not?

Buy Bitcoin SV or rather: hands off? After the recent rifts within the Bitcoin Cash community, the resulting cryptocurrencies are both initially weakened. Bitcoin has lost the hash war, you read that in a number of cryptocurrency news.

Everyone can work out how investor confidence works. Especially since the personality associated with Bitcoin SV regularly gives Craig Wright reason to frown: How do people come up with the idea of ​​calling themselves Satoshi Nakamoto? Is it wise to invest money in a project led by someone like that?

In addition, the question must be asked who will benefit from Bitcoin SV: Does it serve users better than Bitcoin, or does it primarily serve the interests of the miners? In any case, Bitcoin Cash was founded by a group of Bitcoin miners, developers, investors and Bitcoin users.

Pros and Cons of Bitcoin SV Investment

Buy Bitcoin SV

  • Strives to implement the original Bitcoin whitepaper
  • Greater scalability than Bitcoin
  • The Craig Wright personality can be seen as a source of uncertainty
  • Cohesion of the community uncertain

Bitcoin SV (BSV or also: BCHSV) is a cryptocurrency that emerged from a spin-off (“hard fork”) from the Bitcoin Cash blockchain in November 2018. She walked out of an argument between Roger Ver and Dr. Craig Wright, who has been claiming to be the originator of Bitcoin for years and is therefore known in the scene by the nickname “Fake Satoshi”. The dispute went down in crypto history books as the “hash war”. The letters S and V stand for “Satoshi Version”. While the block size for Bitcoin is fixed at 1MB, both Bitcoin SV and Bitcoin Cash offer significantly larger blocks and are therefore more scalable.

How exactly the “Hash War” came about, what the difference between Bitcoin Cash and Bitcoin SV is and what Craig Wright means when he says that Bitcoin SV is “the real Bitcoin”: You can find out all this and more in our  overview Bitcoin SV .

Long term investment or short term returns?

Bitcoin SV has now emerged from this group. The interest in higher short-term income from miners is obvious. What does this mean for the stability of the cryptocurrency in the long term? Is Bitcoin SV finally coming to rest, or is the next internal dispute about to come? All of this is difficult to answer.

Bitcoin SV is otherwise just like Bitcoin a pure means of payment and as such has to prove itself over the long term against a number of strong competitors. A longer-term investment can be worthwhile when the market as a whole stabilizes again and receives a new impetus. BSV and BCHSV would probably benefit from this.

How far the prices of the cryptocurrency will fall in the coming weeks and when the cryptocurrency market will sustainably recover from its slump is completely unclear at this point in time. We can by no means make a clear purchase recommendation

Buy Bitcoin SV now at ETFinance

  • Excellent 24/7 customer support
  • EU buyer protection
  • Leverage trading possible
  • simple user interface

What are the fees for buying Bitcoin SV?

Buy Bitcoin SV

To make the fees when buying Bitcoin SV comparable, let’s take the following example:

  • We want to buy Bitcoin SV worth € 1,000
  • We would like to hold the BSV for a month and then pay it back to our account in euros
  • For the sake of simplicity, let’s assume the course does not change

With these assumptions we now go through the fees of the largest providers:

providersETFinance
Depositfree
Purchase fees0.01% – 0.1%
Holding feesfree
Sales charges0.01% – 0.1%
Payout1
Total fees1.99 €
Bitcoin SV wallets: which wallets are useful for storage after purchase?

Do I need a wallet to trade Bitcoin SV? Not mandatory: In theory, you can simply leave your BSV (or BCHSV) on the stock exchanges. At other exchanges such as CEX, you can only purchase Bitcoin SV if you have a Bitcoin SV wallet.

Basically, it is always a good idea to get a suitable wallet for your system. Because those who rely on the stock exchanges accept a certain risk: If an exchange unexpectedly reports bankruptcy, you can lose your cryptocurrency. A list of all available wallets that support BSV / BCHSV can be found on the  project homepage .

Historical Bitcoin SV Course: Important Milestones in Maker History

Buy Bitcoin SV

The cryptocurrency has already had a few highs and lows. We show the most important milestones in the history of Bitcoin SV.

  1. December 2018:  Bitcoin’s latest hard fork means that the market first realizes the currency with slight fluctuations between € 91 and € 60.
  2. April 2019:  The crypto ecosystem turns away from Bitcoin SV. Binance and other exchange sizes are turning away from Bitcoin SV and no longer offer them. The delisting has a negative effect on the Bitcoin SV price, where it falls from € 75 to just over € 40.
  3. June 2019:  After the delisting, the unexpected happens – Bitcoin SV increases sharply. Bitcoin SV can also still be reached on sites like Bitcoin.de. The Bitcoin SV price rose from just over € 40 to an incredible € 200 !
  4. July 2019:  By splitting Bitcoin SV into 3 chains, the price dropped from € 180 to just under € 130 within a very short period of time.
  5. October 2019:  The increase in data uploads from Bitcoin SV to mining pools counteracted the decline in the price and so it rose again to around € 130.
  6. January 2020:  New projects and over 400 new cooperation partners from well-known companies caused the Bitcoin SV course to almost explode. The Bitcoin SV price rose from € 80 to an astronomical € 396. That’s 395%!
  7. February 2020:  Due to the upcoming hard fork (Genesis hard fork), Bitcoin SV collapsed almost completely. The price crashed to the € 45 mark within a few days.
  8. March 2020:  After the hard fork, the Bitcoin SV price rose again to just under € 330. However, the next news went through the Bitcoin SV universe. The long announced hash war was considered lost. The share fell back to just over € 100.
  9. April 2020:  Due to the first Bitcoin SV halving, the price rose from € 100 to the € 170 mark.
  10. August 2020:  Due to the continuous expansion of partners and technology, the price of Bitcoin SV is slowly but surely rising. The price approached the € 200 mark again in August 2020.

Alternatives to Bitcoin SV: buy other cryptocurrencies or stocks

Craig Wright aggressively communicates that Bitcoin SV is the real Bitcoin. The “hash war” that he launched was perhaps the most watched event in the cryptocurrency market in 2018. After the hash war is lost, it is questionable whether the BTC spin-off will succeed in attracting supporters in the future. In our opinion, the future lies more with other cryptocurrencies. But as always, we cannot predict the future either. Nevertheless, here are a few good alternatives from our point of view.

Alternative 1: Opportunities in the field of cryptocurrencies

Otherwise there are also other cryptocurrencies that have potential :

  • Buy Ethereum : Ethereum, so to speak, the “big brother” of Bitcoin SV. As number 2 of the cryptocurrencies with a market capitalization of an unbelievable 40 million euros, Ethereum is probably worth a risk. If you are interested, just here click.
  • Buy Bitcoin : The top dog among cryptocurrencies is seen by many as the “digital gold” and one of the most stable cryptos.

Alternative 2: crypto stocks

Another alternative are crypto stocks: chip manufacturers, mining companies and even the Bitcoin Group have so far posted strong profits.

  • Bitcoin stocks : If you think that Bitcoin will outperform Bitcoin SV, Bitcoin stocks are a good alternative
  • NVIDIA stocks : NVIDIA manufactures important graphics chips especially for mining – if the crypto boom continues, NVIDIA is certainly a good investment
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FAQs

Buying Bitcoin SV with real money via Sofortüberweisung or SEPA is possible on the Kraken and LiteBit exchanges. Alternatively, if you already have Bitcoin, Ether or Litecoin, you can exchange BSV for these cryptocurrencies instead. Buying Bitcoin SV with cryptocurrencies goes, for example, on Binance. You can also buy other crypto currencies on the presented crypto exchanges.

Buying Bitcoin SV with a credit card is not possible on any of our recommended crypto exchanges.

However, you can buy Bitcoin SV with a credit card via a detour by first buying Bitcoin and then exchanging it for BSV. You can find out how to do this in our instructions at the top of this page.

Buying Bitcoin SV with PayPal is unfortunately not possible on any of our common exchanges.

Bitcoin SV can be expected to benefit if the market as a whole begins to grow again. However, it is not certain whether and when this will occur.

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