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 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Siacoin (SC) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Siacoin (SC)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can commence invest and trading. To purchase Siacoin (SC) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover Siacoin (SC), you will need to put the short name of the asset (SC) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “SC/BTC” to progress.

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

After you have discovered Siacoin (SC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate Siacoin (SC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of SC you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of SC.

If you are glad, click on “Buy SC”. Your order will be filled when a Seller sells their SC for the price you gave.

Step 5 – Withdraw Siacoin (SC)

Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your Siacoin (SC), hover over the ”Funds” tab and click on “Withdraw”. Siacoin (SC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Siacoin (SC) by using the given drop-down box. Put into the quantity of Siacoin (SC) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

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

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

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Siacoin (SC) is stored within your wallet, you're all done.

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