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What is BSV?

Bitcoin Satoshi Vision, or Bitcoin SV (BSV), was founded in 2018 as a hard fork of Bitcoin Cash (BCH). It was developed by nChain, a company driven by Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin (BTC). BSV's core purpose is to restore the functionality and original capabilities of the Bitcoin protocol to provide stability and scalability.

BSV removed the block size limits, allowing for efficient peer-to-peer electronic cash transactions on its network. It also re-enabled the original Bitcoin script language, thus facilitating the easy development of on-chain applications.

The BSV network can process tens of thousands of transactions per second, with a block size of 4GB, transaction time of fewer than 2 seconds and fees as low as $0.0006 per transaction.

After BSV's split from Bitcoin Cash, Bitcoin Association, a Swiss-based non-profit organization, was created. It overlooks the global adoption and growth of the BSV cryptocurrency and its underlying blockchain.

Like BTC, BSV's maximum supply is also 21 million coins, and its network is secured through Proof-of-Work (PoW) consensus mechanism.

Why buy BSV with OKX?

What can I do after I buy BSV?

Buy BSV on OKX and own a cryptocurrency that’s realizing the original mission of BTC. Buying BSV on OKX is easy. You can Convert 100+ different crypto coins into BSV with no fees. The following are what you can do with your purchased BSV tokens.

Use DApps running on BSV network

You can use the purchased BSV coins to pay transaction fees on DApps running on the BSV blockchain and using its resources.

Mint NFTs on the BSV blockchain

Bitcoin SV allows for the creation of next-gen non-fungible tokens (NFTs) with over 4GB of on-chain file support and low fees. You can use your BSV coins to pay for the minting and trading of these NFTs.

Use it as a collateral

You can pledge your BSV coins as collateral to take out a crypto loan on OKX. Visit our "Loan" page, select from any available 30 cryptocurrencies, and input the appropriate amount.

HODL BSV

If you believe in the Bitcoin’s vision, you can HODL BSV as a store of value for speculative gains in the future.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Bitcoin SV (BSV)

Buy BSV with VISA, MasterCard, and ApplePay

Buy BSV with your VISA, MasterCard, or ApplePay credit cards on OKX. Simply enter the amount of BSV you wish to purchase in your preferred currency and complete payment using your desired credit card.

Buy BSV using your bank account

Instantly buy USDT, USDC, BTC, or ETH by sending money from your bank account. Once the transaction is complete, visit our trading terminal and buy BSV with any of our highly liquid BSV pairs.

Buy BSV with spot trading

With OKX, you can easily buy BSV with our USDT, USDC, BTC, or ETH spot trading pairs. Navigate to our OKX trading terminal, select your preferred BSV trading pair, and input the BSV amount you wish to purchase to confirm your BSV purchase.

Swap BSV with OKX Convert

If you hold BTC, OKB, MATIC, SOL, or any other 100+ supported assets on OKX Convert, you can easily swap it for BSV at zero costs. Choose "Convert" from the "Trade" menu on our website. In the Convert window, select the cryptocurrencies you wish to swap and input the swap amount to finalize the exchange.

FAQs

Which are the popular wallets for storing BSV coins?
BSV's official website recommends using the following wallets for storing your BSV coins: Centbee, Money Button, DotWallet, Handcash, Gravity, Electrum, Volt, Signavera, PeerSend and Relay.
Can I pay for goods and services with BSV?
Yes. Many merchant establishments actively accept BSV in exchange for goods and services. You can find some of them here.
Can I use BSV for nano transactions?
Yes, it's possible to use BSV for nano transactions. You may send as little as $0.00001 worth of BSV to anyone anywhere in the world.
Is buying BSV worth it?
BSV has many relevant use-cases in the online and offline market, which, if adopted, will lead to a network effect causing the growth of the network. However, it is always recommended to do your due diligence before buying BSV or any other cryptocurrency.
Are there any notable projects running or being developed on the BSV blockchain?
There are currently some diverse projects presently under development on the BSV blockchain. These include Bitping, Bitstocks, Bitboss, Bitpost, Buzzcast, Cityonchain, Cryptofights, Dokks, Taal and SmartLedger.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.