Buy Bitcoin SV with a credit card
You can buy BSV for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at Bitcoin SV price dynamics and history, get some answers to your questions, and find some useful links to read more about what is BSV.
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Bitcoin SV live price chart
BSV price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
As you can see, the current Bitcoin SV price is 70.32986845789286. In any case, whether you want to buy the dip, or not, or just want to buy BSV for your personal needs - we got you!
What is BSV crypto?
BSV, or Bitcoin SV, is a cryptocurrency that emerged as a result of a contentious hard fork from Bitcoin Cash (BCH) in November 2018. The name "SV" stands for "Satoshi Vision," and the project aimed to restore what its proponents believed to be the original vision of Bitcoin's creator, Satoshi Nakamoto.
Bitcoin Cash itself was created through a hard fork of the original Bitcoin (BTC) blockchain in August 2017. The primary motivation behind BCH was to increase the block size limit, allowing for more transactions per block and lower fees, in line with the vision of Satoshi Nakamoto.
However, the BCH community was divided over the issue of block size increases. One faction, led by Roger Ver and Jihan Wu, advocated for retaining the 32MB block size limit and focusing on on-chain scaling. Another faction, led by Craig Wright and Calvin Ayre, believed that the block size should be substantially increased to accommodate even more transactions on-chain, allowing for increased scalability and lower transaction fees.
The disagreement over the block size limit and other technical changes led to a contentious hard fork of Bitcoin Cash on November 15, 2018. This resulted in the creation of two separate blockchains: Bitcoin Cash ABC (BCH ABC) and Bitcoin Cash SV (BCH SV), which later became known as Bitcoin SV (BSV).
Initially, Bitcoin SV aimed to be compatible with Bitcoin Cash, allowing users to easily transition from BCH to BSV. However, ongoing technical and philosophical differences led to a complete separation between the two projects.
The project aimed to make several technical changes to the Bitcoin protocol, including larger block sizes (up to 128MB), removing certain limits, and restoring certain opcodes, all in an effort to enable more scalability and flexibility for developers.
Bitcoin SV retained the original Bitcoin script language, known as "Script," which allows for more complex smart contracts compared to Bitcoin (BTC). This was in contrast to Bitcoin Cash, which had made changes to the script.
The proponents of Bitcoin SV aimed to restore certain opcodes that had been disabled in Bitcoin's script language. These opcodes, such as OP_MUL, OP_LSHIFT, and OP_RSHIFT, were originally part of Bitcoin but had been deactivated due to security concerns. Bitcoin SV's supporters believed that reactivating these opcodes would enable more sophisticated smart contracts.
Bitcoin SV uses the same proof-of-work (PoW) consensus algorithm as Bitcoin (BTC). Miners compete to solve complex cryptographic puzzles to add new blocks to the blockchain and are rewarded with BSV coins for their efforts.
Bitcoin SV had support from several prominent individuals and mining groups in the cryptocurrency community. Craig Wright, an Australian computer scientist, claimed to be Satoshi Nakamoto and became a prominent figure associated with BSV. However, his claims have been widely disputed and are a subject of controversy. The project also faced criticism and controversy within the cryptocurrency community, with many participants skeptical of its claims and vision. As a result, it has not gained as much mainstream adoption or recognition as Bitcoin (BTC) or even some other cryptocurrencies. Craig Wright's claims and actions related to BSV have led to legal battles and disputes, further adding to the contentious nature of the project.
nChain stands out as a pioneering blockchain technology firm, recognized for its pivotal role in advancing and advocating for Bitcoin SV (BSV). Specializing in cutting-edge blockchain research and development, nChain places a strong emphasis on crafting innovative scaling solutions and securing blockchain-related patents. Their contributions extend to the creation of software, protocols, and essential tools designed to enhance the functionality of the Bitcoin SV network.
Following the split between BSV and BCH, an industry association named Bitcoin Association, headquartered in Switzerland, emerged. This non-profit organization is dedicated to fostering the worldwide expansion and acceptance of the BSV blockchain and its digital currency. The Bitcoin SV Infrastructure Team at nChain undertakes its tasks based on the guidance and requests of the Bitcoin Association.
The BSV Infrastructure Team has successfully tested the new node software, demonstrating the BSV network's capacity to handle 100,000 transactions per second. This capability positions BSV to rival and potentially surpass payment processors like VISA, offering cost-effective solutions. Moreover, BSV provides a scalable platform for blockchain developers who have transitioned from networks like Ethereum due to scaling challenges. With BSV, developers can count on low transaction fees and rapid processing, making it an appealing choice. This functionality also makes BSV an attractive option for enterprise and government users seeking an efficient and stable blockchain platform for experimentation and development.
Bitcoin SV, like Bitcoin, undergoes a halving event approximately every four years. During a halving, the block reward that miners receive for adding new blocks is reduced by half. This event is designed to control the issuance of new BSV coins and mimic the scarcity model of Bitcoin.
The total supply of the BSV tokens is 19,266,077, and the max supply is as of original Bitcoin - 21 million tokens. At the time of writing, on October 3, 2023, all of the tokens of the total supply are in the current circulation.
The average fees on the BSV network
Based on the most recent data available, the average transaction fee stands at 48.92 satoshis per kilobyte (sat/kb), equivalent to approximately $0.000012 at prevailing market rates. In terms of network usage, the primary categories of top users were Utility, Wallet/Market, and Enterprise.
Where and how to buy BSV
Bitcoin SV (BSV) is readily available on a wide range of prominent exchanges such as OKEx, KuCoin, Huobi, Bitfinex, Bittrex, and Bithumb, among many others.
To buy BSV tokens, sign up on a supported exchange, complete verification, deposit funds (in cryptocurrency or fiat), choose a BSV trading pair, place an order specifying the amount and price, review and confirm your purchase, and secure your BSV in a private wallet for added safety.
How to buy BSV on SwapSpace
On this page, we put USD in the “You send” and BSV in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination Bitcoin SV address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.
