A Step-by-Step-Guide on how to buy Syscoin (SYS)
Step 1 – Signup to Kraken You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Syscoin (SYS) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Syscoin (SYS) As soon as your deposit has been approved, you will immediately have access to your funds and you can start invest and trading. To purchase Syscoin (SYS) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot Syscoin (SYS), you'll need to put the short name of the asset (SYS) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we have highlighted this too. Click on “SYS/BTC” to progress.
Step 4 – Purchase Syscoin (SYS) As soon as you have discovered Syscoin (SYS), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Syscoin (SYS) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of SYS you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of SYS. When you're glad, click on “Buy SYS”. Your order will be filled as soon as a Vendor sells their SYS for the price you gave.
Step 5 – Withdraw Syscoin (SYS) Unless you're regularly trading, never keep your crypto on an Exchange for an longer time period. In order to withdraw your Syscoin (SYS), go to the ”Funds” tab and mouse click on “Withdraw”. Syscoin (SYS) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Syscoin (SYS) by using the provided drop-down box. Enter the quantity of Syscoin (SYS) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.