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How to buy Bitcoin SV (BSV) in Australia

Learn how to buy Bitcoin SV (BSV) on 10+ crypto exchanges in our step-by-step guide.

Bitcoin SV (BSV) is the 92nd largest cryptocurrency by market cap, valued at US$1,000,863,754.

Bitcoin SV is a highly volatile asset capable of major price swings in a single day. Today BSV is trading for $50.77 USD, which is higher than yesterday's trading price of $46.45 USD. Over the past year, Bitcoin SV's price has seen an increase of 98%.

So before you buy Bitcoin SV, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Bitcoin SV.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Bitcoin SV in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Bitcoin SV is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Bitcoin SV
    You can now exchange your funds for Bitcoin SV. On beginner-friendly exchanges, this is as simple as entering the AUD or BSV amount you want to purchase and clicking "buy".
  5. Secure your Bitcoin SV
    Consider transferring your BSV to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Bitcoin SV in Australia

Find an exchange to buy, sell and trade BSV by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 9
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

845

Finder exclusive: Get up to $200 BTC when you sign up and trade certain amounts. T&Cs apply.
Go to site

Capital at risk

View details
Exclusive
EXCLUSIVE
CoinSpot
Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

1

447

Get $20 in BTC when you make a deposit. T&Cs apply.
Go to site

Capital at risk

View details
OFFER
OKX
Bank transfer, Credit card, Cryptocurrency, Debit card

1

87

Get $20 for you and $20 for your friend when you successfully refer them. Ends 30 June. T&Cs apply.
Go to site

Capital at risk

View details
KuCoin
Credit card, Cryptocurrency, Debit card, P2P

5

794

Sign up and earn 500 USDT + bonus gift of 200 USDT in trading coupons + limited time offer of 7,500 USDT in futures trial funds. T&Cs apply.
Go to site

Capital at risk

View details
Cointree
Bank transfer, Blueshyft, Cryptocurrency, PayID

1

240

Get $10 BTC on your first trade. T&Cs apply.
Go to site

Capital at risk

View details
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How we keep this Bitcoin SV guide up-to-date

  • BSV price data is regularly updated through data feeds so you always have the latest information.

What is Bitcoin SV?

Bitcoin Satoshi's Vision (BSV) is a fork of Bitcoin Cash that emerged on November 15, 2018. The most significant technical difference between BCH and BSV is that the SV variant has a 128MB block size, in contrast to the current 32MB BCH block size. You can buy Bitcoin SV on a variety of exchanges, so we've compared 80+ to make your decision a bit easier.

How do I find the best places to buy Bitcoin SV?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Bitcoin SV?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Bitcoin SV.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing BSV with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Bitcoin SV?

Once you've created an account, you will need to deposit funds to buy BSV with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy BSV:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase BSV by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for BSV on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Bitcoin SV?

The easiest way to buy BSV is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying BSV, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Bitcoin SV has been performing recently.

Best Bitcoin SV wallets to store your BSV

You can keep your BSV on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BSV below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Bitcoin SV a good investment?

Cryptocurrencies are high-risk assets and BSV is no exception, consider these things before buying Bitcoin SV:
  • Some of the particular risks to be aware of with BSV include doubts about whether the goals proposed by the team are technically feasible, or if the team assembled at BSV has the technical acuity to achieve them even if they are.
  • Several accidental chain re-organizations have given people cause to doubt the capability of the team at BSV.
  • It should also be noted that BSV mining is currently highly centralized, and is designed to remain so — or to become even more centralized — over time.

Today's Bitcoin SV price versus ATH

Compare today's price of Bitcoin SV ($50.77 USD) against its all-time-high price of $489.75 USD on 16 April 2021. The closer the bar is to 100%, the closer BSV is to reaching its ATH again.

Bitcoin SV's price: $50.77 USD
ATH date: April 16, 2021
10.37%

Bitcoin SV ATH: $489.75 USD


How to trade, convert or sell Bitcoin SV

You can convert or sell your BSV with the same exchange you bought it through:
  1. Sign in to the exchange you have BSV on.
  2. If you store your Bitcoin SV in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of BSV you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Bitcoin SV.
  6. Complete your transaction and move your BSV to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Bitcoin SV, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BSV is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bitcoin SV or any other cryptocurrency discussed.

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