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 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Siacoin (SC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find {Siacoin (SC)|(SC) Siacoin}

Once your deposit has been confirmed, you'll directly have access to your finances and you can start purchasing and trading. To buy {Siacoin (SC)|(SC) Siacoin} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

To locate {Siacoin (SC)|(SC) Siacoin}, you'll need to insert the cointype (SC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have highlighted this too. Click on “SC/BTC” to proceed.

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

Once you have discovered {Siacoin (SC)|(SC) Siacoin}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The ”Price” field will be filled with the latest valuation {Siacoin (SC)|(SC) Siacoin} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of SC you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of SC.

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

Step 5 – Withdraw {Siacoin (SC)|(SC) Siacoin}

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your {Siacoin (SC)|(SC) Siacoin}, hover over the ”Funds” tab and click on “Withdraw”. {Siacoin (SC)|(SC) Siacoin} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Siacoin (SC)|(SC) Siacoin} by using the given drop-down box. Put into the quantity of {Siacoin (SC)|(SC) Siacoin} you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You have successfully bought and stored Siacoin (SC) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with or and the {Siacoin (SC)|(SC) Siacoin} is safe within your wallet, you're all done.

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