How to Buy Siacoin (SC) in Anguilla

A Step-by-Step-Guide on how to buy Siacoin (SC) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Siacoin (SC) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Siacoin (SC)

Once your deposit has been confirmed, you'll now have access to your finances and you can commence invest and trading. To invest in Siacoin (SC) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To locate Siacoin (SC), you will need to put the shortname of the coin (SC) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “SC/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Siacoin (SC)
Step 4 – Purchase Siacoin (SC)

Once you have discovered Siacoin (SC), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate Siacoin (SC) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of SC you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of SC.

If you are glad, make a mouse click on “Buy SC”. Your plan will be filled when a Vender sells their SC for the price you offered.

Step 5 – Withdraw Siacoin (SC)

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your Siacoin (SC), hover over the tab called “Funds” and mouse click on “Withdraw”. Siacoin (SC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Siacoin (SC) by using the provided drop-down box. Drop in the amount of Siacoin (SC) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and safed Siacoin (SC) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Siacoin (SC) is stored within your wallet, you're all done.

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