BSV

Bitcoin SV price

BSV
| 3.3/5
Quote currency
$81.07+2.52%
1h
24h
1W
1M
1Y
All
Overview
Analysis

Bitcoin SV price live data

The current price of Bitcoin SV is $81.07. Since 00:00 UTC, Bitcoin SV has increased by 2.52%. It currently has a circulating supply of 19.65M BSV and a maximum supply of 21.00M BSV, giving it a fully diluted market cap of $1.60B. At present, Bitcoin SV holds the 59 position in market cap rankings. The Bitcoin SV/USD price is updated in real-time.

Bitcoin SV price performance in USD

Time periodChange amount%Chg
Today$2.032.57%
7 days$6.248.34%
30 days$9.4413.18%
3 months-$15.00-15.61%

Bitcoin SV market information

24h low/high
24h low$78.52
Last price $81.07
24h high$86.36
Heat index ranking
38
Market cap ranking
59
Market cap
$1.60B
Favorited rate
4.02%
All-time high
$492.79
-83.55% (-$411.72)
Apr 17, 2021 (3 years ago)
All-time low
$15.70
+416.36% (+$65.37)
Jun 10, 2023 (9 months ago)
ICO date
11/09/2018
ICO price
$88.30
Circulating supply
19.65M BSV
Market cap at circulating supply
$1.60B

About Bitcoin SV (BSV)

Bitcoin SV (BSV) is a digital currency that emerged in 2018 as a result of a hard fork from the Bitcoin Cash (BCH) blockchain. It is intended to be a more scalable and efficient version of Bitcoin, featuring a bigger block size and quicker transaction speeds.

What is Bitcoin SV

As a fork of Bitcoin Cash, Bitcoin SV boasts a block size of 2 gigabytes, significantly surpassing Bitcoin's 1-megabyte block size. Its increased transaction processing capacity enables it to achieve greater scalability.

Bitcoin SV team

The team behind Bitcoin SV comprises developers, entrepreneurs, and advocates dedicated to enhancing the scalability, efficiency, and eco-friendliness of the BSV cryptocurrency. Craig Wright, an Australian computer scientist, leads the team at Bitcoin SV.

How does BSV work

  1. BSV transactions are processed only on the BSV blockchain. The BSV blockchain is a decentralized ledger that a group of miners upholds.
  2. Miners on the BSV blockchain receive BSV tokens as a reward for validating transactions. Mining is the term used to describe the process of verifying transactions.
  3. The BSV blockchain is secured through a Proof of Work (PoW) consensus mechanism. The Proof of Work system is designed to guarantee that only legitimate transactions are included in the blockchain.
  4. BSV tokens can be securely stored in wallets. Wallets are software programs that enable users to store, send, and receive cryptocurrency. 

BSV utility token 

The name of the utility token for Bitcoin SV is BSV. BSV is intended to be a more scalable and efficient iteration of Bitcoin, featuring a greater block size and quicker transaction speeds.

BSV tokenomics 

BSV has a total supply of 21 million tokens, just like Bitcoin. Each block rewards 6.25 BSV tokens and has a block time of 6 seconds, and transaction fees are usually very low.

How to stake BSV

To stake BSV, you must first select a staking service. Users can stake BSV on OKX Earn, which provides an estimated one percent APY on flexible terms for staking. You can begin earning rewards immediately and have the option to unstake your BSV at any time.

Distribution of BSV 

  • 18.4 million BSV tokens were initially distributed to Bitcoin (BTC) holders who had kept their BTC on the Bitcoin Cash chain before the hard fork on November 15, 2018.
  • BSV tokens are generated through a process known as mining. The BSV blockchain rewards miners with BSV for their efforts in verifying transactions.
  • BSV can be earned through staking as well. Staking involves locking up BSV to participate in the consensus mechanism that safeguards the BSV blockchain.

Bitcoin SV's future expansion plans

  • Bitcoin SV is striving to enhance its adoption among businesses and individuals. This involves collaborating with companies to facilitate the acceptance of BSV as a mode of payment and with individuals to impart knowledge about BSV and its possibilities.
  • They're also focused on expanding the BSV ecosystem. This involves the creation of novel applications and services that utilize BSV and collaborating with other businesses to incorporate BSV into their offerings.

Learn more about Bitcoin SV (BSV)

Bitcoin SV FAQ

What is BSV, and why is it important?

Bitcoin SV (BSV) is a cryptocurrency that was created in November 2018 through a hard fork with Bitcoin Cash (BCH). It is designed to be a more effective and easily expandable version of Bitcoin. This is achieved through a larger block size, which makes it possible to process more transactions on the blockchain.

What are the utility and benefits of holding BSV? 

A key benefit of the BSV blockchain is its high scalability due to its large block size. Since large blocks can take more transactions at a time, the BSV blockchain processes a large number of transactions each second. 

BSV also boasts high throughput, resulting in swift and cheap transaction processing fees. Bitcoin SV is therefore more efficient than most blockchains.Lastly, the BSV blockchain is secured through a network of miners competing to solve hard mathematical problems to ensure its security. This feature enhances safety and makes it highly resistant to potential attacks.

Where can I buy BSV?

Easily buy BSV tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include BSV/USDT, BSV/USDC, and BSV/BTC

You can also buy BSV with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for BSV with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into BSV, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

BSV calculator
BSV
USD
BSV
BSV
1 BSV ≈ 81.11 USD
Trade
Convert
BSV/USDT
Spot
BSV/USDT
Margin
BSVUSDT Perpetual
Perpetual futures
BSV Bot Marketplace
More
BSV-USDT
Copy bot
Spot grid
5
167.40%
PnL%
BSV-USDT
Copy bot
Spot DCA
0
25.09%
PnL%