How to Buy Syscoin (SYS) in Australia

A Step-by-Step-Guide on how to buy Syscoin (SYS) in Australia

Step 1 – Join Coinmama

You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Syscoin (SYS) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate {Syscoin (SYS)|(SYS) Syscoin}

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can initiate purchasing and trading. To buy {Syscoin (SYS)|(SYS) Syscoin} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate {Syscoin (SYS)|(SYS) Syscoin}, you will need to put the shortname of the coin (SYS) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “SYS/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Syscoin (SYS)
Step 4 – Buying {Syscoin (SYS)|(SYS) Syscoin}

Once you've found {Syscoin (SYS)|(SYS) Syscoin}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the latest tariff {Syscoin (SYS)|(SYS) Syscoin} was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SYS you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of SYS.

If you are happy, make a mouse click on “Buy SYS”. Your order will be filled when a Vender trades their SYS for the price you introduced.

Step 5 – Withdraw {Syscoin (SYS)|(SYS) Syscoin}

Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. To withdraw your {Syscoin (SYS)|(SYS) Syscoin}, go to the ”Funds” tab and click on “Withdraw”. {Syscoin (SYS)|(SYS) Syscoin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Syscoin (SYS)|(SYS) Syscoin} by using the given drop-down box. Put into the volumen of {Syscoin (SYS)|(SYS) Syscoin} you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Kudos! You have successfully purchased and stored Syscoin (SYS) in Australia.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Syscoin (SYS)|(SYS) Syscoin} is safe in your wallet, you are all done.

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