A Step-by-Step-Guide on how to buy Syscoin (SYS)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your first 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Syscoin (SYS) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (SYS) Syscoin As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can start purchasing and trading. To invest in (SYS) Syscoin on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find (SYS) Syscoin, you'll need to put the short name of the asset (SYS) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “SYS/BTC” to advance.
Step 4 – Buying (SYS) Syscoin As soon as you have found (SYS) Syscoin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff (SYS) Syscoin was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of SYS you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of SYS. When you're glad, click on “Buy SYS”. Your plan will be filled as soon as a Vendor sells their SYS for the price you gave.
Step 5 – Withdraw Syscoin (SYS) Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your Syscoin (SYS), hover over the tab called “Funds” and click on “Withdraw”. Syscoin (SYS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Syscoin (SYS) by using the given drop-down box. Drop in the quantity of Syscoin (SYS) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.