How To Buy Siacoin Step by Step Guide – Best Siacoin Exchange & Wallet
Hey are you want to buy siacoin in India, US, UK or anywhere in all over the word then you are right because today in this article we are going to share how to buy siacoin in india and best siacoin exchange to buy and sell.
Siacoin is one of the best cryptocurrency to invest in 2018. The siacoin price is increasing day by day with steady pick rate. That’s why there are lots of people daily search on google about how to buy siacoin in india. Before going to discuss where can I buy siacoin in india first you need to know what is siacoin and best siacoin exchange to buy and sell.
What is Siacoin
Siacoin is the profitable and most promising cryptocurrency available in the market. This coin is based on the sia platform for decentralized cloud storage. It allows user to store a private data across a wide network in reliable and secure manner.
It is more storage-oriented than another cryptocurrency available in the market. The technology is based on the blockchain technology enforced contact where anyone can request a file from the server. It is an inflationary cryptocurrency uses a proof of work scheme.
This coin was launched in June 2015 by David Vorick. Initially, the concept of this coin comes into the mind of HackMit in 2013.
Features of Siacoin
- It provides a decentralized storage solution for its users.
- This system distributes data in the web.
- Sia blockchain creates a smart contract to verify that the host is paid for all services.
- It provides the worlds fastest, cheapest and most secure cloud storage.
How To Buy Siacoin
As you know before you buy any cryptocurrency first you need to buy bitcoin, ethereum or litecoin from INR or dollar. There is number of ways to buy bitcoin directly and you can pay via debit card, credit card or net banking. You can also buy bitcoin from PayPal.
The best website to buy Bitcoin or Ethereum in India.
Best Siacoin Exchange
After buying bitcoins from zebpay, koinex or binance you need to find the best siacoin exchange. Currently, this coin is listed in three exchange is given below.
Where To Buy Siacoin
As listed above you can buy it on three exchange against bitcoin, ethereum or litecoin. Below you can find how to buy siacoin from bittrex.
Bittrex is one of the most popular and king of the cryptocurrency exchange in the world. It is trusted cryptocurrency exchange.
If you want to buy siacoin from bittrex you need to follow below step by step process.
- First, visit Bittex.com and click on get started now button.
- You will redirect to the registration page and enter your username and password.
- After signup on bittrex, you will receive an activation link on your email.
- Just click on the link and verify your account.
- After verification successful, you need to sign in using email and password.
- Now it asks to fill your personal details like your name, address, date of birth, mobile number, etc.
- You also need to verify your mobile number via OTP (One Time Password).
- After that activate 2-factor google authenticator system into your account for second layer security.
- Now you need to create a wallet by click on Wallets option available at the top right corner of the screen.
- Here you can find a list of cryptocurrency you need to find bitcoin and click on the plus button. (Plus button is for deposit and minus button is for withdrawing).
- Now transfer your bitcoin from zebpay, koinex or any other wallet to the bittrex bitcoin address. It takes up to 4-5 hours to deposit bitcoins into bittrex account.
- After Bitcoin successfully deposit into your address you need to exchange with siacoin.
- For exchange, click on the trading option and select the siacoin.
- Enter the which amount you want to buy and click on buy option.
- That’s it you successfully buy siacoin from bittrex.
I hope guys now you can easily buy siacoin in india after reading this post. If you have any question or need any help for exchange siacoin then feel free to comment below. If you like this article then don’t forget to share with your friends. Thanks for visiting this blog. Keep visiting for more interesting updates and cryptocurrency news.
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