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How to buy Skycoin (SKY) in the US
Learn how to buy Skycoin (SKY) easily by following a step-by-step guide and comparing 10+ crypto exchanges.
Where to buy Skycoin
Unfortunately, at this time no major exchanges in the US offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
What to consider when buying Skycoin
Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
How to sell Skycoin
You can cash out your SKY with the same exchange you bought it through:
- Sign in to the exchange you have SKY on.
If you store your Skycoin in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of SKY you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Skycoin.
Disclaimer: Cryptocurrencies, including Skycoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SKY 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 Skycoin or any other cryptocurrency discussed.
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