A Step-by-Step-Guide on how to buy Syscoin (SYS)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Syscoin (SYS) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Syscoin (SYS) Once your deposit has been affirmed, you'll immediately have access to your finances and you can begin buying and trading. To invest in Syscoin (SYS) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To find Syscoin (SYS), 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 correct grouping, we've highlighted this also. Click on “SYS/BTC” to advance.
Step 4 – Buy Syscoin (SYS) Once you have spotted Syscoin (SYS), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Syscoin (SYS) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of SYS you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of SYS. When you're glad, click on “Buy SYS”. Your plan will be filled as soon as a Vender sells their SYS for the price you offered.
Step 5 – Withdraw Syscoin (SYS) Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your (SYS) Syscoin, hover over the “Funds” tab and click on “Withdraw”. Syscoin (SYS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SYS) Syscoin by using the provided drop-down box. Enter the amount of Syscoin (SYS) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.