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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Syscoin (SYS) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Syscoin (SYS) As soon as your deposit has been approved, you will instantly have access to your assets and you can commence invest and trading. To purchase Syscoin (SYS) on Binance, you will want to go to the ”Exchange” tab and then mouse 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've highlighted this also. Click on “SYS/BTC” to continue.
Step 4 – Purchasing Syscoin (SYS) As soon as you've located Syscoin (SYS), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be filled with the most recent rate Syscoin (SYS) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of SYS you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of SYS. If you are happy, click on “Buy SYS”. Your order will be filled as soon as a Vender sells their SYS for the price you offered.
Step 5 – Withdraw Syscoin (SYS) Unless you are frequently trading, never keep your coins on an Exchange for an longer period of time. In order to take off your Syscoin (SYS), go to the ”Funds” tab and click on “Withdraw”. Syscoin (SYS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Syscoin (SYS) by using the provided drop-down box. Drop in the quantity of Syscoin (SYS) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.