A Step-by-Step-Guide on how to buy Syscoin (SYS)
Step 1 – Join CEX.io You'll first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. 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 how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Syscoin (SYS) As soon as your deposit has been confirmed, you will now have access to your assets and you can begin invest and trading. To purchase Syscoin (SYS) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. To discover Syscoin (SYS), you will 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 proceed.
Step 4 – Buy Syscoin (SYS) As soon as you've discovered Syscoin (SYS), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the latest price Syscoin (SYS) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of SYS you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole quantity of SYS. If you are satisfied, click on “Buy SYS”. Your order will be filled as soon as a Vender sells their SYS for the price you introduced.
Step 5 – Withdraw Syscoin (SYS) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time period. To withdraw your Syscoin (SYS), go to the tab called “Funds” and click on “Withdraw”. Syscoin (SYS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Syscoin (SYS) by using the given drop-down box. Put into the amount of Syscoin (SYS) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.