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 Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Syscoin (SYS) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Syscoin (SYS)

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

To find Syscoin (SYS), you will need to insert the short name of the asset (SYS) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this too. Click on “SYS/BTC” to continue.

Step 4 – Buying Syscoin (SYS)

Once you've spotted Syscoin (SYS), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Syscoin (SYS) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of SYS you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of SYS.

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

Step 5 – Withdraw Syscoin (SYS)

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time frame. In order to take off your Syscoin (SYS), go to the tab called “Funds” and click on “Withdraw”. Syscoin (SYS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Syscoin (SYS) by using the given drop-down box. Drop in the volumen of Syscoin (SYS) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, click “Submit”. You could be requested for email/phone verification before a take off.