You want to buy and sell Syscoin? This guide will help you to buy or sell Syscoin.
First visit the website www.binance.com* and click on the menu item “Register” (Figure 1). On the following page you must first enter your e-mail address and a secure password for logging in. You will then receive an email verification link to confirm your account.
After successful registration you have to login to Binance. After you have clicked on the menu item “Login”, a kind of puzzle appears, where you have to insert the missing piece of the puzzle with the help of the slider (Figure 2 – Spam protection). After we have inserted the missing piece of the puzzle, we get to the start screen.
Verify with Binance (not)
Binance* is one of the few exchanges that does not require complete verification. However, you cannot deposit Fiat currencies such as Euro, CHF or Dollar. You can only deposit crypto currencies.
After registration you will have level 1 status. Level 1 status means that you can withdraw coins with a maximum value of 2 bitcoins per day. If you wish to increase your daily withdrawal limit to 100 Bitcoins, you must provide your personal information. The front and back of your identity card and a selfie with your identity card in your hand are required.
No Bitcoin Trader yet?
You cannot deposit FIAT currencies (EUR, CHF) at Binance. Therefore you need crypto currencies, which you can deposit. If you do not yet have any crypto currencies, you have the following options how to use Bitcoin Trader:
You can find a complete overview and reviews of stock exchanges at bitcoinboerse.info.
Exchange Office Bitpanda
A step-by-step guide to the Bitpanda exchange office can be found here.
A step by step guide to Coinbase can be found here.
Buy instructions with PayPal
Deposit crypto currencies at Bitcoin Trader
To make a deposit, click on “Medium” in the Binance menu and on “Deposit” in the drop-down menu. This unbiased Bitcoin Trader review and now you have to choose which coin you want to deposit (Figure 3).
Select the crypto currency you would like to deposit and have the deposit address displayed. You can now deposit your digital currency into these (see Figure 4). In this tutorial I will deposit the digital currency Ether.
Buy on Binance Syscoin
After your coins have arrived on Binance, you can start to buy Syscoin. To do this, click on the “Stock Exchange”
menu item and then select the “Traiding Pair”. Syscoin can be exchanged directly for the following crypto currencies:
If you have not deposited any of the top currencies, you must first exchange your deposited currency for one of the top coins to buy Syscoin.
To buy Syscoin now, you must first enter the desired quantity in “Buy SYS” (Figure 5). You can set the price per SYS here. If you do not do this, the market price will be used.
After you have set the quantity and the price, you only have to click on “Buy SYS”. After a few seconds you should receive a confirmation for the purchase. You can find the Syscoin you just bought in your Binance online wallet after shopping.
Sell on Binance Syscoin
To sell Syscoin on Binance, you must first deposit it into Binance (see Figure 3). As soon as the deposit has been credited, you can sell your coins on the exchange (under “Exchange”) for the offered crypto currencies.