How to Buy Syscoin (SYS)

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.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Syscoin (SYS) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Syscoin (SYS)

Once your deposit has been approved, you'll now have access to your assets and you can initiate buying and trading. To purchase Syscoin (SYS) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To locate Syscoin (SYS), you'll need to insert the short name of the asset (SYS) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we have marked this also. Click on “SYS/BTC” to go on.

Binance Hot To Buy Syscoin (SYS)
Binance How to Buy (SYS) Syscoin
Step 4 – Buying Syscoin (SYS)

After you have found Syscoin (SYS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Syscoin (SYS) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of SYS you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of SYS.

If 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 are frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. To take off your Syscoin (SYS), go to the ”Funds” tab and click on “Withdraw”. Syscoin (SYS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Syscoin (SYS) by using the given drop-down box. Drop in the amount of Syscoin (SYS) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Binance Withdraw

Congrats! You've successfully bought and safed Syscoin (SYS).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Ethplorer.io or Etherscan.io and the (SYS) Syscoin is safe within your wallet, you are finished.
/* */ Generated by MPG