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How to buy Siacoin (SC) in the US
A beginner's guide to buying and selling SC in the US.
How to buy Siacoin
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Siacoin.
- Open an account on an exchange that supports SC.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register. - Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Siacoin. - Buy Siacoin.
Complete your Siacoin purchase and then find the best wallet to store SC.
What is Siacoin?
The developers of the Sia platform believe that cloud storage should be decentralized and that no entity should censor or deny access to cloud data. With that in mind, they created the Sia platform with the goal to run the storage marketplace without an intermediary by connecting hosts and renters worldwide. Siacoin (SC) is the cryptocurrency of the Sia network. It is used to pay for renting and hosting cloud storage on the Sia network.
Siacoin (SC) is the 119th largest cryptocurrency in the world by market cap, valued at $725,925,707. The current price of Siacoin is $0.01483613, which is 0.000% lower than yesterday. Prices have ranged between $0.01551621 and $0.01452266 over the past 24 hours. All prices are listed in US dollars and accurate as of September 26, 2021 03:09 UTC.
Where to buy Siacoin
Find an exchange to buy, sell and trade SC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.Siacoin at a glance
Information last updated September 26, 2021 03:09 UTC.
| Coin symbol | SC |
|---|---|
| Coin Marketcap | US$725,925,707 |
| Circulating SC | 48,897,735,000 |
| Current price | US$0.01483613 |
| All time high date | December 28, 2015 |
Siacoin price performance over time
Historical prices compared with the price of US$0.01483613.
| 1 hour | -0.83% |
|---|---|
| 24 hours | 0.00% |
| 7 days | 0.29% |
| 14 days | 0.24% |
| 30 days | -19.13% |
|---|---|
| 60 days | -19.23% |
| 200 days | -33.43% |
| 1 year | 23.86% |
How to sell Siacoin
You can cash out your SC with the same exchange you bought it through:
- Sign in to the exchange you have SC on.
If you store your Siacoin in a digital wallet, compare crypto exchanges to sell it on. - Place a sell order.
Choose the amount of SC you'd like to sell. - Complete your transaction.
Confirm the sell price and fees and close your sale of Siacoin.
What to consider when buying Siacoin
If you are wondering whether to buy Siacoin or any other cryptocurrency, make sure you understand the risks involved. Here are some points to take into consideration:- Siacoin use. If you’re interested in accessing services offered by the Sia platform, you will need to purchase Siacoin tokens first.
- Industry’s potential for growth and its unpredictability. The team behind Sia believes it can compete with the large cloud-storage providers like Amazon and AT&T by providing lower prices and data encryption. Yet despite speculation about the exponential growth of the cloud-storage market by sources such as Business Wire, note that given the volatility of cryptocurrency and related industries, potential and past performance is not an indicator of actual performance.
- Market competition. Other companies that provide blockchain-based cloud storage are Minebox, Filecoin and Storj.
Coins similar to Siacoin (SC)
Disclaimer: Cryptocurrencies, including Siacoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Siacoin or any other cryptocurrency discussed.
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