Bitcoin SV, or Bitcoin Satoshi Vision, is a Bitcoin (BTC) hard fork launched by Craig Wright and Calvin Ayre. Bitcoin SV was initially a hard fork from the Bitcoin Cash network, which itself had separated from the Bitcoin network, leading to a significant extension of the blockchain. BSV, which went through a highly controversial hard fork process, is at the time of writing this article the seventh largest cryptocurrency by market cap.
What is Bitcoin SV?
The split between the Bitcoin SV and Bitcoin Cash communities was first ignited by debates over block size. The Bitcoin SV team, consisting of Craig Wright and a few developers, argued for a block size of 132 MB, while the Bitcoin Cash team, led by Jihan Wu and Roger Ver, insisted on maintaining a size of 32 MB. Jihan Wu’s position as the head of Bitmain at the time, one of the largest Bitcoin mining companies, contributed to Bitcoin Cash emerging victorious from the so-called “hash wars.”
Following this defeat, the Bitcoin SV team decided to continue on a separate network through a hard fork. Had the BSV team won the hash wars, they might still be in control of Bitcoin Cash. It is fair to say that block size is the only significant difference separating Bitcoin SV from Bitcoin Cash, meaning there isn’t a substantial difference between BSV and BCH that could affect investors or lead to a price surge.
Despite this, Craig Wright, one of the leading figures of the team and known for claiming to be Satoshi Nakamoto, has caused many controversial incidents, garnering negative reactions from the community. Consequently, BSV has not gained a favorable reputation in the industry. A user who called Wright a “fraud” on Twitter without being able to prove his claims that he was Satoshi Nakamoto, was sued by Wright’s lawyers.
Following this incident, BSV was delisted from several cryptocurrency exchanges.
Which Exchanges List Bitcoin SV?
When the Bitcoin SV hard fork first occurred, it was only met with resistance from the Coinbase cryptocurrency exchange. Subsequent legal action, as mentioned above, fully enraged Binance CEO Changpeng Zhao, who announced the delisting of BSV. In addition to CZ, cryptocurrency exchanges such as Shapeshift and Kraken also removed Bitcoin SV from their platforms.
Nevertheless, Bitcoin SV is still listed on many leading cryptocurrency exchanges. Among all these cryptocurrency exchanges, the one with the most liquidity and ranking first in the BSV/USDT trading pair is Huobi Global. In short, the answer to the question “How to buy BSV Coin?” appears to be Huobi. It is possible to purchase BSV quickly and easily through the leading cryptocurrency exchange.
So, how do you buy BSV Coin from this platform?
Buying Bitcoin SV
You can buy Bitcoin SV from Huobi in a few easy steps:
- To purchase Bitcoin SV, you must first deposit Tether (USDT), Bitcoin (BTC), or Huobi USD (HUSD) into your Huobi account.
- After completing the deposit, go to the Spot Transactions section at the top and click on the Exchange tab.
- In the new section that opens, click on the USDT pairing and then on BSV listed below.
- Next, select the amount of BSV you want to buy and click on the BUY BSV tab below.
- This will place your BSV order into the market.
