Log in Join

How to buy Siacoin (SC) in the UK

Learn how to buy Siacoin (SC) on 2+ crypto exchanges in our step-by-step guide.

Promoted
Kraken Cryptocurrency Exchange logo

Buy Siacoin today

  • Own SC & 220+ other cryptoassets
  • Registered with the Financial Conduct Authority (FCA)
Go to site
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

Siacoin (SC) is the 193rd largest cryptocurrency by market cap, valued at US$161,976,098.

Siacoin is a highly volatile asset capable of major price swings in a single day. Today SC is trading for $0.00314616 USD, which is higher than yesterday's trading price of $0.0030536974 USD. Over the past year, Siacoin's price has seen a decrease of -43%.

So before you buy Siacoin, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Siacoin.

How to buy Siacoin in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Siacoin is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Siacoin
    You can now exchange your funds for Siacoin. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Siacoin to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Siacoin in the UK

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 exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kraken Cryptocurrency Exchange
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD, AED

222
cryptocurrencies

Go to site
View details
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

How we keep this Siacoin guide up-to-date

  • SC price data is regularly updated through data feeds so you always have the latest information.
  • Siacoin performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Siacoin?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Siacoin?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Siacoin.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing SC with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Siacoin?

The easiest way to buy SC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying SC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Siacoin has been performing recently.

Best Siacoin wallets to store your SC

You can keep your SC on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your SC below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Siacoin a good investment?

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.

Today's Siacoin price versus ATH

Compare today's price of Siacoin ($0.00314616 USD) against its all-time-high price of $0.092868 USD on 06 January 2018. The closer the bar is to 100%, the closer SC is to reaching its ATH again.

Siacoin's price: $0.00314616
ATH date: January 06, 2018
3.39%

Siacoin ATH: $0.092868


How to trade, convert or sell Siacoin

You can convert or sell your SC with the same exchange you bought it through:
  1. Sign in to the exchange you have SC on.
  2. If you store your Siacoin in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of SC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Siacoin.
  6. Complete your transaction and move your SC to a wallet for storage.
  1. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

  • How to buy Sui (SUI) in the UK

    This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).
  • How to buy Pepe (PEPE) in the UK

    This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).
  • How to buy Arbitrum (ARB) in the UK

    This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on (ARB).
  • How to buy SSV Network in the UK

    This guide provides step-by-step instructions on how to buy SSV Network, lists some exchanges where you can get it and provides daily price data on (SSV).
  • How to buy USDD in the UK

    This guide provides step-by-step instructions on how to buy USDD, lists some exchanges where you can get it and provides daily price data on (USDD).
  • How to buy Blur in the UK

    This guide provides step-by-step instructions on how to buy Blur, lists some exchanges where you can get it and provides daily price data on (BLUR).
  • How to buy FLOKI in the UK

    This guide provides step-by-step instructions on how to buy FLOKI Inu, lists some exchanges where you can get it and provides daily price data on (FLOKI).
  • How to buy Aptos in the UK

    This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on (APT).
  • How to buy EthereumPoW in the UK

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).
  • How to buy Coinbase Wrapped Staked ETH in the UK

    This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on (CBETH).
Go to site