🔥 Bitcoin SV Buy Guide | Paypal, Credit Card & SEPA
Bitcoin Satoshi Vision - Bitcoin SV or BSV for short - is a crypto currency that originated from the Bitcoin protocol. The goal? Restore the protocol rules created at the beginning and then “freeze” them. Ultimately, Bitcoin inventor Satoshi Nakamoto planned to do so.
Anyone who deals with Bitcoin SV will know that there have always been highs and setbacks, but the price of this crypto currency has never been within the reach of Bitcoin. While the Bitcoin could clearly climb above the 2017 US dollar mark at the end of 19.000, the Bitcoin SV reached its highest value so far in early 2020: 438 US dollars. To be fair, it should be mentioned at this point that Bitcoin SV has only been around since November 2018. This means that it is a very young cryptocurrency, but it is in 11th place in the ranking of the top 100 cryptocurrencies (as of mid-November 2020; the decisive factor is market capitalization).
Buy Bitcoin SV from Germany, Austria & Switzerland Instructions:
Germans, Swiss and Austrians can trade the crypto currency Bitcoin SV via the crypto broker Libertex Coins (via CFDs). On the one hand, you can speculate with Bitcoin SV, i.e. hope that the price will rise in order to then be able to sell profitably, on the other hand, it is also possible to treat Bitcoin SV as a classic currency in the digital world.
Step 1: Register with Libertex
The registration process on Libertex does not take a minute. Simply click on "Register" in the upper right area, and a window will open in which an email address and a password must be entered. The account is then opened and you can make the first deposit.
Step 2: Deposit with PayPal, credit card or instant transfer
It should be noted that numerous deposit methods are possible via Libertex. For example, you can top up your Libertex account with your credit card or as part of an instant transfer. It should be mentioned, however, that PayPal is also currently available. All those who want to work with this online payment service provider do not have to look for an alternative.
The following options are available and can be selected:
- Bank Transfer
- Credit card
- Rapid transfer
- Token wallet
- Bankwire transfer
Step 3: Buy and sell Bitcoin SV (BSV)
If you have topped up your account, you can then trade coins from the crypto currency Bitcoin SV (via CFDs). Simply go to the marketplace, search for the cryptocurrency - in this case enter Bitcoin SV or BSV - and then click. Another window will now open. You can then specify how many coins or at what price you want to trade Bitcoin SV. Selling cryptocurrency CFDs works the same way - but in reverse order.
Bitcoin SV (BSV) buy deposit methods
Due to the fact that Libertex offers a few deposit methods, the preferred method is certain to be available. Depending on the method chosen, the money is available immediately or after one to three working days.
Bitcoin SV (BSV) buy PayPal
PayPal is accepted! This means that the Libertex account can also be topped up with PayPal as one of the few crypto brokers.
Buy Bitcoin SV (BSV) Sofortüberweisung
However, you can top up your Libertex account in the course of the instant transfer. The advantage? As the name suggests, the money is usually available immediately. Only IBAN and Swift / BIC are required at this point. Thus, after a few minutes you can actively buy on the crypto market.
Bitcoin SV (BSV) buy credit card
All those who have a credit card can use it to fund their Libertex account. In this way, too, the money is available immediately. All that is required is the name of the credit card owner, credit card number, expiration date and the check digit on the back of the credit card.
Buy Bitcoin SV (BSV) with Paysafecard
In addition, Libertex supports payments with the Paysafecard. In this case, the code that can be found on the Paysafecard must be entered in the field provided. In this way, too, the money is immediately available in the Libertex account.
How to buy and sell Bitcoin SV
If you are interested in Bitcoin SV, you can buy coins of this cryptocurrency without registration, i.e. anonymously, and without verification, i.e. without confirming your identity.
Buy Bitcoin SV without registration
Registration is required by Libertex, but it should be mentioned at this point that cryptocurrency coins can also be obtained in other ways. For example, via the direct peer-to-peer route with other users who sell coins from the crypto currency Bitcoin SV. In this case, the direct purchase takes place without a portal or intermediate station. Registration is therefore not necessary.
Buy Bitcoin SV anonymously
An anonymous purchase is possible, whereby it must be mentioned that all transactions carried out can be found in the blockchain. However, without reference to personal data.
Buy Bitcoin SV without verification
Not every provider requires verification. Thus it is possible to buy Bitcoin SV without confirmation of identity.
Where to buy Bitcoin SV (BSV) cheapest: Crypto exchange fees comparison
The table below shows that Libertex in particular has low fees. In addition to Libertex, there are two other providers with Plus500 and eToro - it should be noted that Bitcoin SV cannot be bought on every crypto exchange. If you are interested in this crypto currency, you must check in advance whether it is even offered for sale.
Buy Bitcoin SV or not: Is it worth buying Bitcoin SV
Satoshi Nakamoto, the inventor of Bitcoin, the mother of all cryptocurrencies, built a block size limit into the source code in 2010 - the size is 1 MB. A change that has ensured that a transaction can take place every 5 to 7 seconds. However, this was a temporary measure to prevent possible overload attacks at the beginning. Nakamoto recommended increasing the block size limit over time; He also pointed out that minor code changes should be made if necessary.
With the year 2013 the interest in the mobile Bitcoin wallets increased. Probably also because Bitcoin has pushed its way into the middle of society. Subsequently, the temporary limitation of the block size limited further adaptation. As a result, the space in the transaction blocks created became increasingly scarce. However, some Bitcoin developers refused to implement Satoshi Nakamoto's plan of dynamically increasing the block sizes. There was a "block size" dispute within the Bitcoin developer community. Controversial changes were added - for example “Replace by fee” - in short: RBF. In other words, it was ultimately about integrating the highest-paying transactions into the successor block, which should then be integrated or added to the blockchain.
All other transactions that were of little value could be rejected. RBF ensured higher and constantly fluctuating transaction fees - in addition, there were increasingly longer waiting times until the transaction was confirmed. The principle that those who pay high fees are “preferred” particularly annoyed the crypto fans who wanted to recognize a deliberate misinterpretation of Satoshi Nakamoto's plan. This also provided for microtransactions. However, these became worthless with the "new plan". The increase or the theoretically unlimited block size such as the scalability of Bitcoin has been hotly debated and disputed since 2014.
The conflict ended with three spin-offs: Bitcoin XT came onto the market in August 2015, Bitcoin Unlimited followed in January, and in February, one month later, Bitcoin Classic saw the light of day. However, none of these alternatives could achieve the majority of mining hash power - but that would have been necessary to activate the new rules. For this reason, it was decided at the beginning of 2017 that new rules could also be implemented as a minority - User-Activated Hard Fork (UAHF for short) was born.
Essentially, the UAHF contained two changes, which can also be read in the New York Agreement: The block size was to be increased from 1MB to 2MB and SegWit was activated. However, after SegWit was activated, the developers of Bitcoin Core broke the first agreement and did not make any block size changes. On August 1, 2017, the crypto currency Bitcoin Cash was created as a direct consequence.
It quickly became clear that there were serious differences compared to Bitcoin and the idea of Nakamotos, so that on November 15, 2018 the crypto currency Bitcoin SV came onto the market. The goal of the newly created cryptocurrency, which ultimately comes from Bitcoin? You want to restore the original Bitcoin protocol - just as Nakamoto described in the white paper. That means there is no block size limit here.
It is still unclear how the price of Bitcoin SV will develop. An increase in the price of Bitcoin could well have a positive impact on Bitcoin SV. The all-time high was set in January 2020 - at that time the cryptocurrency was 438 US dollars. Bitcoin SV is currently at 160 US dollars (as of mid-November 2020).
Buy Bitcoin SV Miner
In the beginning there was very little support from the miners. Bitcoin SV mining can be very promising if you keep an eye on the costs that will be involved.
Buy Bitcoin SV stock
Since there are no Bitcoin SV stocks, investments must be made in companies that work with this cryptocurrency.
Buy Bitcoin SV Conclusion: This is the best way to buy Bitcoin SV
With Libertex it is easily possible to buy coins of the crypto currency Bitcoin SV. It is important to be aware that it is a relatively young cryptocurrency - Bitcoin SV has only been around since November 2018. Thus, the risk should not be underestimated: high-altitude flights are just as possible as descents. It is still unclear how high the influence of Bitcoin on Bitcoin SV is. Sometimes a rising Bitcoin price could even have negative effects on the cryptocurrency.