A Step-by-Step-Guide on how to buy Syscoin (SYS)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader 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 Crypto Trader? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Syscoin (SYS) Once your deposit has been approved, you'll instantly have access to your funds and you can initiate buying and trading. To buy Syscoin (SYS) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To find Syscoin (SYS), you'll need to put the cointype (SYS) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “SYS/BTC” to go ahead.
Step 4 – Purchasing Syscoin (SYS) Once you have spotted Syscoin (SYS), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff Syscoin (SYS) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SYS you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of SYS. If you're happy, 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're trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to withdraw your Syscoin (SYS), go to the ”Funds” tab and mouse click on “Withdraw”. Syscoin (SYS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Syscoin (SYS) by using the provided drop-down box. Put into the volumen of Syscoin (SYS) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.