Binance is among the top trading platforms in the world.
Therefore, the first thing you have to to do if you need to begin operating on it is to discover how to purchase Siacoin (SC).
Prior to entering the wonderful world of cryptocurrency on the Binance platform, you will have to get acquainted with the following.
There is only way to get started in operating on Binance: opening an account in it.
Subscribing onto the Binance platform is quite simple: check the following guidelines.
See a Binance homepage and press on the "Register" button.
You can log in directly by pressing here.
Now click on the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS devices as well.
For the purpose of this article, the email address registration technique will be described.
Binance will immediately send an activation password (remember: this is NOT your password) that you’ll type it in the corresponding line, then click on "Send"
Finally, your Binance enrollment has been activated.
It is a good idea to visit the different areas of the Binance platform and get acquainted to them.
You’ll realize how easy is to start operating with Siacoin (SC).
Fulfill the mandatory identity checking to enable all those options.
Notice: No Siacoin (SC) trading will be allowed if you omit this security measure.
In the following instructions, you’ll learn how to do it. Hassle-free.
These are the guidelines to verify your Binance account and get the permission to start trading:
On the main screen, hover the mouse on the user profile option and a list will immediately appear where you will need to press "Security"
Another option is to move to the upper part of the navigator window and press the "Verify" button
In the list displayed on the left-hand area of the screen, pick the "Identification" option.
Pick your Country of Residence.
Next you’ll will find three levels of verification:
Begin by choosing "Start now" just by the "Verified" level.
In this step, the user is required to give some personal data:
The next step is to support your identity with a legal document.
ID card, passport or even a license are all valid documents to complete this requirement.
Now, you will have to take a selfie, according to the application’s requirements.
Now you’ll have to wait for a short period while an account verification process is performed.
When your request has been accepted, you’ll be informed via email, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially licensed to operate with Siacoin (SC). The following guidelines will be helpful.
Learning how to make a purchase of Siacoin (SC) is actually quite easy.
Now you’ll need to use a legal document to support your identity.
You can do this by using your passport, ID card, or license.
Follow the system guidelines to take a selfie.
After you have completed the platform’s guidelines, you will have to wait a moment while your account is verified.
Now you must wait until your request has been accepted. Be patient, the system is going to send you an email.
The following instructions will guide you through the Siacoin (SC) buying process. As soon as you’ve received the confirmation e-mail, you’ve become a Binance licensed Siacoin (SC) trader.
First you need to learn how to convert money into Siacoin (SC).
You will probably find more than one option throughout the process
See the "Buy cryptos" menu on the Binance main page to find out which options you have when buying.
Obviously, you’ll only be able to do this if you’re logged in
Find all the different purchase options just by placing your mouse over this button.
At this point, the Binance platform will ask you to provide a legal document for identity corroboration.
ID card, passport or even a driver’s license will be enough to complete this formality.
Now the system will ask you to take a selfie following certain guidelines.
When you have completed the system’s instructions, you’ll have to wait a short time while your account is confirmed.
Now you have to wait until your application has been approved. Be patient, Binance will send you an email.
Congrats! Now you’re officially licensed to buy Siacoin (SC). The following guidelines will be helpful.
Understanding how to make a purchase of Siacoin (SC) is actually quite easy.
Some steps may have alternative paths
To find out which options are available to you when buying, look for the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this after you’ve logged in
See all the different buying options just by hovering your mouse over this button.
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These guidelines will be helpful to continue the process:
Now you must choose the currency you wish to buy with and specify how much you are going to invest.
Next, choose the Siacoin (SC) you are going to buy
Once you do so, the platform will automatically display the number of Siacoin (SC) you will be given, according the amount of USD you’ve just stated.
Read on for further instructions:
In the next box, select the currency you’d like to buy with and indicate the amount you want to invest.
Next, select the Siacoin (SC) you’re going to purchase
The quantity of Siacoin (SC) you will receive will depend upon the amount of USD you’ve recently stated. The Binance platform will immediately show it to you.
Press "Continue".
If you’re going to pay with your credit card, go to the "Visa/Mastercard" box and press the "Add card" option.
Indicate your card numbers and press "Next".
Now state the physical address details for the card. After this, select "Add card".
Press "Continue" after you notice your card has been successfully included in your account as a new payment method.
The platform will now display the synthesis of the buying order you are about to complete. The amount your card will be charged in the currency you’ve picked, and the Siacoin (SC) you will receive.
It will also indicate the commission you will have to pay for the transaction.
Now you have to certify the order pressing the "Confirm" button within the next minute, or it will be automatically canceled.
Next, you’ll be redirected towards the site of the bank issuing the credit card. Follow the instructions in the same way you would pay with your credit card.
Your recently bought Siacoin (SC) will be available in your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure is complete
The system will now show you the details of the buying order you are about to complete. The amount your card will be charged with the currency you have chosen, and the Siacoin (SC) you will be given.
Another detail of relevance in this summary is the percentage Binance will charge you as a commision for making the purchase.
You have 1 minute to press "Confirm", otherwise the order will be automatically canceled.
The next step has to be done on the credit card bank system. There you would complete a standard on-line payment with your credit card.
Your recently purchased Siacoin (SC) will be available in your Binance e-wallet (referred to as the «Spot Wallet») after the banking process is complete
Now that the new payment method has been added to your profile, go to the upper part of the screen and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following guidelines:
The trader, upon receiving your money, will automatically release the Siacoin (SC).
You may see your wallet account balance to confirm reception.
Note that you will have to transfer them to your Spot Wallet in order for you to purchase another cryptocurrency.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, no problem at all: you’ll be able to do it later.
After you have made a payment to the trader, they may release the Siacoin (SC), just by confirming payment reception.
So, they will immediately be added to your wallet balance.
But in case you would want to purchase any other Siacoin (SC), you will have to move them to your Spot Wallet.
To achieve this, all you have to do is press "Transfer to Spot Wallet" once the buying order is completed.
If you didn’t do this, don’t get worried, you can do it later.
Perfect! Now you have money available to buy any of the several Siacoin (SC) in the Binance platform.
To buy Siacoin (SC) from the Binance platform all you have to do is the following:
All right! Now you have money available to buy any of the several Siacoin (SC) in the Binance platform.
Purchase any cryptocurrency from the Binance platform just following the steps described next:
This article have surely pictured you a wide panorama of what Binance is and how you can trade Siacoin (SC) on it.
The future of money trading relies on Siacoin (SC)., and Binance is a safe and practical place to do business. Begin today!
In case you are planning to earn money by buying cryptocurrencies, you should figure out how to utilize Kucoin platform. This exchange is getting good benefits to any or all its subscribers, and it is showing a lot more progress in all its tradings.
If you want to learn conveniently how to buy a Siacoin (SC) in Kucoin, you must stay in this post.
After you’ve created your account into the Kucoin platform and fulfilled the safety requirements, you must deposit your euros. This method is quite simple, good news is that you have several alternatives to accomplish that.
One of them is usually to enter to the «Assets» or «Balance» section at the top right in the display and select the «Deposit» button. After that, pick the Siacoin (SC) you would like to deposit into your account to purchase new cryptos, for example, USDT.
Next, you will need to select the network you will utilize for the transaction. We all advise Tron (TRC20) since it retains the lowest commissions.
Next you’ll see the address you need to insert in the "Exchange" where you currently have the USDT you want to convert to Kucoin. When you do this, you can expect to receive the funds in your main account in a matter of seconds.
If this doesn’t work in the country you’re living, you can try moving funds to your account through P2P trading. This type of transaction means that you actually make a conventional bank transfer to one of the registered traders to obtain any of the genuine cryptos.
When you get the funds in your account, it’s time for you to learn how to work with the Kucoin website.
Purchasing a Siacoin (SC) on Kucoin you need to transfer the money you have just purchased to the trading accounts. To achieve this you need to go to the «Balance» menu, click the main account, enter the cryptocurrencies then choose «Transfer». This last option can be located on the same line as the currency you are about to use for the purchase.
If that doesn’t work in your country, you could try transferring funds to your account through P2P trading. This kind of transaction implies that you actually make a bank transfer to any of the registered traders to get any of the official cryptos.
When you get the funds in your account, it’s time for you to learn how to interact with the Kucoin platform.
Purchasing a Siacoin (SC) on Kucoin you have to send the money you have just purchased to the trading accounts. To achieve this you have to open the "Balance" menu, click the main account, enter your cryptocurrencies and choose "Transfer". This last button can be situated on the same line than the currency you are going to use to complete the purchase.
Next, you will be sent to a window for choosing where you want to send the funds. You have to transfer from the "Main Account" to the "Trading Account", and indicate the currency and the amount you wish to send to trade. Then visit "Confirm".
Once you have the cash already credited in the account, you are set to buy your crypto and start trading.
Here you will learn how to buy Siacoin (SC) in different ways. To begin, you have to open the «Trade» menu and select "Spot trading" (Spot Market). Then simply type the word Siacoin (SC) in the search line in the top corner of the page.
The platform will show you the crypto pairs you are allowed to operate with.
In other words, you‘ll only be capable of buy Siacoin (SC) just with the crypto pairs showed there.
In this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT as we have funds in this couple. When we do this, it immediately loads the crypto graph data and the order book containing the buy and sell procedures.
In order to be able to complete the operation, you have to enter the trading code.
At the bottom-right, the markets to trade crypto can be seen, automatically enabling the «Spot». There we now have 3 options to purchase Siacoin (SC). Those are the following:
You can also configure the order activation but process it at the best market price. You do this by choosing «Stop Market», and indicating in "Stop Price" the sum you desire the Siacoin (SC) to achieve to activate the order and the amount of USDT to pay. By simply clicking Buy Siacoin (SC), your order will be processed at the market rate once it is the same as the stop price you’ve just put.
With just one of these three alternatives, you already have the Siacoin (SC) tokens you’ve just purchased available in your trading account. From this moment you may trade with it or you can purchase any other cryptos. Remember that with Siacoin (SC) you will only be authorized to get the cryptos available in their pairs. Generally you will have to trade your Siacoin (SC) for a crypto that typically appears in the Siacoin (SC) pairs, such as BTC, USDT, and BNB, then you can purchase the particular one you really want.
Now you can start buying a Siacoin (SC) via Kucoin.
| Exchange | Market Pairs | Buy |
|---|
