How to buy Bitcoin SV (BSV) in the UK

Bitcoin SV (BSV) is the 72nd largest cryptocurrency by market cap, valued at US$619,497,740.

Bitcoin SV is a highly volatile asset capable of major price swings in a single day. Today BSV is trading for $32.14 USD, which is higher than yesterday's trading price of $31.36 USD. Over the past year, Bitcoin SV's price has seen a decrease of -43%.

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

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

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Bitcoin SV in the UK

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.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

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.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

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 ($32.14 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.

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 wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.