All times are UTC




Post new topic  Reply to topic  [ 2 posts ] 
Author Message
PostPosted: Thu Jul 12, 2018 12:33 pm 
Offline

Joined: Thu Dec 07, 2017 11:15 am
Posts: 27
How to buy and sell Siacoin (SC)?


Top
   
PostPosted: Fri Jul 13, 2018 4:41 am 
Offline

Joined: Sat Jan 20, 2018 7:07 am
Posts: 19
Siacoin is a crypto currency. Siacoin is generally known as SC and SC is the token of Siacoin. Siacoin is used to pay the fee as the rent of not used digital space of a created decentralised online Cloud storage, known as Sia. Sia is a space of digital Cloud storage, which is powered by the technology of blockchain.

Sia is a more popular in the services of Cloud storage because Sia provides Cloud storage at a much cheaper price, in comparison to other Cloud storage services. All payments in Sia is made by using Siacoin or SC cryptocurrency.

Sia functions on the model of co-operative Cloud storage platform. Sia is a decentralised network which permits its users to rent out their spare storage space of the hard drive. The entire transactions in this renting out process is made by Siacoin crypto currency.

Siacoin can be bought and stored through Siacoin mining. The miner of Siacoin must first procure a Siacoin wallet to store the Siacoins those have been mined. Siacoin can be mined through the usual crypto coin mining process of solving complex mathematical problems to create a new block. The mining efficiency of Siacoin depends on the power of computing of the Siacoin mining hardware, which can secure the Siacoin network.

Siacoin tokens, SC, can be bought at many exchanges of crypto currencies. The process of buying Siacoin tokens are simple.

• The buyer needs to create an account at a SC exchange, that best suits the needs of the buyer. This account in the exchange should have its
own Siacoin wallet.
• The buyer needs to deposit funds in either FIAT currency or in crypto currency that is pairable with SC.
• The buyer can buy Siacoin just by clicking on a button, that indicates “Exchange” or “Markets”. The buyer should then search for pairing and
select the pairing.
• The buyer has to now enter the number of SC tokens, the buyer wishes to buy and hit the “Buy” button.

The seller can sell SC coins on the exchange from where the buyer bought them. This time, the seller has to reverse the pairing order and enter the number of SC token the seller wants to sell. Then the seller has to hit the “Sell” button.


Top
   
Display posts from previous:  Sort by  
Post new topic  Reply to topic  [ 2 posts ] 

All times are UTC


Who is online

Users browsing this forum: No registered users and 0 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron

BACK TO TOP

Copyright © 2017 All rights Reserved, Hashgains.

DISCLAIMER
Kindly notice! Hashgains do not give you any trading advice. Before availing our services, do your research and get answers to your questions in order to find out whether cryptocurrency mining is legal in your state, country, province or not.
hasgain-footer-img

HashGains is rated 7.9 / 10 in 11 reviews on Trustpilot.