Bitcoin SV (BSV) continues to draw attention from investors and blockchain enthusiasts alike, particularly due to its unique positioning in the cryptocurrency ecosystem. As a hard fork of Bitcoin Cash (BCH), BSV aims to fulfill what its proponents describe as Satoshi’s Vision—a return to the original principles outlined in the Bitcoin white paper. In this comprehensive update, we’ll explore the latest BSV price trends, network fundamentals, exchange availability, and essential wallet options for secure storage.
Current BSV Price and Market Overview
As of the latest data, 1 Bitcoin SV (BSV) is valued at approximately ¥314.91 CNY. The 24-hour trading volume across major exchanges stands at ¥578,975,160 CNY, reflecting steady market activity. Over the past day, BSV has seen a notable 7.45% increase, signaling renewed investor interest.
With a current market capitalization of ¥6,067,135,219 CNY, Bitcoin SV ranks #62 on CoinMarketCap. The circulating supply is 19,266,077 BSV, with a maximum cap of 21,000,000 BSV—aligning with Bitcoin’s finite supply model as envisioned by Satoshi Nakamoto.
👉 Discover real-time BSV price movements and advanced trading tools here.
What Is Bitcoin SV (BSV)?
Bitcoin SV, short for Satoshi’s Vision, emerged on November 15, 2018, as a result of a contentious hard fork from Bitcoin Cash. This split was driven by ideological and technical disagreements within the BCH community, particularly between supporters of Craig Wright and Calvin Ayre and the Bitcoin ABC development team.
BSV advocates argue that the project restores Bitcoin to its original protocol design by prioritizing:
- Large block sizes (up to 128MB)
- Stable protocol rules
- Scalability for enterprise-level applications
The network is primarily backed by Coingeek and developed by nChain, aiming to create a blockchain capable of handling massive transaction throughput—ideal for microtransactions, data recording, and decentralized applications.
Key Differences Between Bitcoin Cash and Bitcoin SV
The 2018 split stemmed from two major technical proposals in the Bitcoin ABC roadmap:
- CTOR (Canonical Transaction Ordering Rule) – Replacing TTOR for more predictable transaction ordering.
- OP_CHECKDATASIG – Enabling smart contract functionality on the BCH chain.
BSV developers opposed these changes, believing they deviated from Satoshi’s original vision. As a result, they chose to maintain a more conservative upgrade path, focusing on scalability through block size increases rather than adding complex scripting features.
This philosophical divide led to the “hash war,” where both chains competed for mining support. Ultimately, BSV established its own blockchain with distinct consensus rules and long-term scalability goals.
Understanding Bitcoin SV Halving
Like Bitcoin and Bitcoin Cash, Bitcoin SV follows a halving schedule designed to control inflation and preserve scarcity. Every 210,000 blocks (approximately every four years), the block reward miners receive is cut in half.
- First Halving (April 10, 2020): Block reward reduced from 12.5 BSV to 6.25 BSV per block.
- The next halving is expected around 2024, reducing rewards further to 3.125 BSV.
This mechanism ensures that new BSV coins enter circulation at a decreasing rate until the maximum supply of 21 million is reached—mirroring Bitcoin’s deflationary economic model.
Where to Buy and Trade BSV?
Several leading cryptocurrency exchanges support BSV trading pairs with high liquidity. The most active platforms include:
- OKX – Known for high leverage options and deep order books
- Deepcoin – Offers competitive fees and fast execution
- BingX – Popular among copy traders and automated strategies
- XT.COM – Strong Asian market presence and diverse trading tools
These platforms allow users to trade BSV against USDT, BTC, and fiat currencies like CNY via P2P options.
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Frequently Asked Questions (FAQ)
Q: Is Bitcoin SV the same as Bitcoin Cash?
A: No. While both originated from Bitcoin, Bitcoin SV forked from Bitcoin Cash in 2018 due to disagreements over protocol development. BSV focuses on large blocks and protocol stability, whereas BCH has adopted more modern scripting features.
Q: Can I mine Bitcoin SV?
A: Yes. BSV uses the SHA-256 proof-of-work algorithm, making it compatible with standard Bitcoin mining hardware (ASICs). Mining pools like Coingeek and TAAL provide infrastructure for block production.
Q: What is the maximum supply of BSV?
A: The total supply is capped at 21 million BSV, identical to Bitcoin’s limit, ensuring long-term scarcity.
Q: How do I store BSV securely?
A: You can use dedicated BSV wallets such as:
- ElectrumSV – Lightweight desktop wallet
- HandCash – User-friendly mobile app
- Relay Wallet – Supports social payments and dApps
Hardware wallets like Ledger also support BSV through compatible interfaces.
Q: Why did the BSV fork happen?
A: The fork resulted from a disagreement over how to scale Bitcoin Cash. BSV supporters wanted to increase block sizes for mass adoption, while others favored adding smart contract capabilities—leading to a permanent split.
Q: Is BSV considered a viable investment?
A: As with any cryptocurrency, investing in BSV carries risk. Its value depends on adoption, network usage, and broader market sentiment. Always conduct thorough research before investing.
Secure Storage: Best BSV Wallets in 2025
Choosing the right wallet is crucial for protecting your digital assets. Here are top options for storing BSV:
ElectrumSV
A lightweight, open-source desktop wallet offering full node capabilities and offline transaction signing for enhanced security.
HandCash
Ideal for beginners, this mobile wallet simplifies sending BSV using email-like addresses (e.g., $username). It integrates well with social apps built on the BSV blockchain.
Relay Wallet
A modern multi-chain wallet supporting BSV with features like built-in exchange, NFT support, and seamless dApp access.
Hardware Wallets
Ledger devices support BSV via third-party apps like Relay or ElectrumSV, providing cold storage protection against online threats.
👉 Learn how to set up a secure BSV wallet in minutes.
Final Thoughts
Bitcoin SV remains a controversial yet technically ambitious project in the crypto space. By adhering strictly to what it calls Satoshi’s original blueprint, BSV differentiates itself through massive scalability and low transaction costs—making it attractive for enterprises and developers building on-chain applications.
Whether you're monitoring the BSV price today, considering long-term investment, or exploring blockchain development opportunities, staying informed about market dynamics and secure storage practices is essential.
With growing exchange support, predictable monetary policy via halvings, and a clear roadmap focused on global scalability, Bitcoin SV continues to play a distinct role in the evolving digital economy.
Remember: always verify information independently, use trusted platforms for trading and storage, and never invest more than you can afford to lose.