Are you looking to buy Syscoin (SYS) and join one of the most versatile blockchain ecosystems? Syscoin combines the best of Bitcoin’s security and Ethereum’s programmability, offering a modular, Proof-of-Work (PoW) blockchain that is merge-mined with Bitcoin. This unique architecture includes a dual-chain Layer 1 system: the UTXO blockchain for fast, low-cost transactions and NEVM for smart contracts and decentralised applications.
Launched in 2014 by blockchain pioneer Sebastian Schepis, Syscoin has evolved into a robust open-source project led by the non-profit Syscoin Foundation. It powers innovative tools like Rollux for Layer 2 scalability, SuperDapp, and Pegasys DAO. Its ability to provide fast, scalable, and censorship-resistant solutions has earned it a place among top blockchain networks.
Ready to take your first step with Syscoin? Let’s explore how you can buy SYS and become part of this revolutionary platform.
How To Buy Syscoin In 4 Easy Steps?
Purchasing Syscoin is a straightforward process when you follow these four essential steps to buy and store your tokens securely.
Step 1: Choose A Crypto Exchange Platform
The first step involves selecting a trusted crypto exchange that offers Syscoin. If you’re planning to use Indian Rupees (INR), platforms like CoinDCX and Giottus provide direct purchase options. These exchanges make it convenient for Indian users to buy Syscoin without converting their funds into other currencies.
For those preferring to use altcoins, there are several options. Platforms like Bitget, HTX, Phemex, Gate.io, and BingX offer Tether (USDT) pairs to purchase Syscoin. Binance, CoinDCX, and CoinEx support Bitcoin (BTC) transactions, while Gate.io also provides an Ethereum (ETH) trading pair. Choose the platform that aligns with your payment method to start your Syscoin journey effortlessly.
Step 2: Register On Any Of The Platform
After choosing the exchange, register your account by visiting the platform’s signup page. Enter your basic details like email address, phone number, and residential address. To complete the verification process, you’ll need a valid government-issued ID such as a Passport, driver’s license, or PAN card (in India).
Once your account is verified, which usually takes a few hours, you can explore the exchange’s features and start trading Syscoin. This step ensures your account is secure and ready for transactions.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your account set up, it’s time to buy Syscoin. Fund your exchange wallet using your preferred method. For fiat currency transactions, CoinDCX and Giottus offer direct INR deposits to buy Syscoin easily.
If you prefer using altcoins, platforms like BitGet, HTX, Phemex, Gate.io, and BingX allow Syscoin purchases with Tether (USDT). Binance, CoinDCX, and CoinEx offer Bitcoin (BTC) pairs, while Gate.io supports Ethereum (ETH) transactions. Each platform offers different payment methods such as bank transfers, credit/debit cards, and crypto wallet transfers. Choose the one that works best for you and confirm your Syscoin purchase.
Step 4: Store The Cryptocurrency In A Wallet
Once you’ve purchased Syscoin, transfer it to a secure wallet to keep your tokens safe. Moving your assets from an exchange to a personal wallet helps reduce risks and gives you more control over your funds.
Choose a wallet that supports Syscoin, such as Pali Wallet, Ledger Wallet, Coinomi, Now Wallet, or Klever Wallet. Start by withdrawing Syscoin from your exchange account and entering your wallet’s public address. Once you’ve selected the amount to transfer, confirm the transaction. Keeping your Syscoin tokens in a secure wallet ensures they are well-protected from potential online threats, giving you peace of mind.
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Popular Video Guides On Buying Syscoin (SYS)
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Where To Buy Syscoin (SYS)
Binance is one of the world’s largest crypto exchanges, launched in 2017 by Changpeng Zhao (CZ). Initially based in China, Binance later got relocated to Japan due to regulatory challenges. It offers crypto-to-crypto and crypto-to-fiat trading with a broad range of cryptocurrencies and fiat currencies like USD and EUR. Binance is known for its high liquidity, low fees, and diverse product offerings, including spot, futures, and staking. Its strong security protocols and user-centric features have made it a global leader in the crypto space.
Factsheet
Operational Since: |
2017 |
Deposit Methods: |
PayPal, Debit/Credit, UPI, Crypto |
Deposit Fees: |
Nil |
Cryptos Listed: |
500+ |
Trading Fees: |
0.1% per trade |
Fiat Currencies Supported: |
USD, EUR, GBP, AUD and more |
Trustworthiness: |
Safe and Reliable |
Gate.io is a well-established crypto exchange founded in 2013, originally known as Bter in China. After China banned crypto exchanges in 2017, it rebranded to Gate.io and became an international platform. The exchange offers services in over 200 countries but restricts access in regions like the U.S. and China. Gate.io supports spot, futures, and margin trading, with a focus on security and innovation. It also operates region-specific exchanges like GateTR and Gate.HK to meet local regulatory requirements.
Factsheet
Operational Since: |
2013 |
Deposit Methods: |
Crypto Deposits. Gate Card, Bank Transfer, Credit/Debit Card |
Deposit Fees: |
None |
Cryptos Listed: |
2100+ |
Trading Fees: |
0.2% per trade (Varies With VIP Level (from VIP O to VIP 16) |
Fiat Currencies Supported: |
15+ including USD, EUR, and GBP |
Trustworthiness: |
Safe and Reliable |
MEXC is a potent crypto exchange catering to retail and institutional traders. Launched to provide a comprehensive trading experience, it supports spot, futures, and copy trading, making it suitable for various trading styles. MEXC lists nearly 3,000 cryptocurrencies, often adding new and emerging tokens before other platforms. Its popularity stems from early investment opportunities and a strong focus on security. MEXC employs advanced protocols to safeguard user funds and data, ensuring a reliable and user-friendly trading experience.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
Deposit Fees: | Free |
Cryptos Listed: | 2800+ |
Trading Fees: | 0.00% for the maker, 0.01% for the taker |
Fiat Currencies Supported: | 50+ |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Syscoin With A Credit Or Debit Card?
You can buy Syscoin with a credit or debit card on CoinDCX using Indian Rupees, making it an easy option for Indian users. This platform allows you to make direct purchases without the need for complex steps.
Alternatively, you can buy Tether (USDT) on HTX, Bitget, Gate.io, or KuCoin using your card and then trade it for Syscoin. You can also buy Bitcoin (BTC) on Binance and swap it for Syscoin tokens. Always ensure you choose a secure and reliable platform to avoid any risks. This approach will help you complete your purchase smoothly.
What Will You Need To Buy Syscoin?
Here’s a quick checklist of everything you’ll need to buy Syscoin (SYS) smoothly and securely:
- Exchange Platform: Choose a reliable exchange that supports Syscoin purchases. You can buy SYS with INR on CoinDCX and Giottus, or with Indonesian Rupiah on TRIV. These platforms make it easy to manage your crypto transactions.
- Identification Documents: Complete the KYC process by submitting valid ID documents like a passport or driver’s licence. This step ensures your account is verified and secure.
- Debit/Credit Card or Altcoins: Fund your account with a debit or credit card for a direct purchase. Alternatively, you can buy SYS with altcoins like:
- USDT: Available on BitGet, MEXC, CoinDCX, Gate.io, and HTX
- BTC: Available on KuCoin and Binance
- Crypto Wallet: After buying SYS, transfer your tokens to a secure wallet for safekeeping. Some trusted wallets include:
- Pali Wallet
- Ledger Wallet
- Coinomi
- Now Wallet
- Klever Wallet
Make sure you have all the necessary items before starting to ensure a smooth and hassle-free purchase process!
What Is The Easiest Way To Buy Syscoin?
The easiest way to buy Syscoin (SYS) is through a reliable crypto exchange. Start by choosing a trusted platform that allows fiat payments like IDR, or INR. Look for exchanges that accept convenient payment methods such as credit cards, debit cards, or bank transfers.
Once you select an exchange, create an account and complete the necessary identity verification process. After verification, search for Syscoin in the marketplace and place your order. You can buy SYS directly using your chosen payment method.
Most exchanges store your purchased Syscoin in an exchange wallet. However, for added security, consider transferring your SYS to a private wallet. Always check for transaction fees and ensure the platform you choose has a good reputation to avoid any issues.
Best Wallets To Store Your Syscoin (SYS)
Choosing a reliable wallet is essential for safeguarding your SYS tokens. These wallets offer unique features, making it easier to manage your digital assets securely and efficiently.
- Pali Wallet: Pali is the official wallet for managing SYS tokens, offering seamless integration with Syscoin’s platform. Its user-friendly interface makes it ideal for both beginners and experienced users, providing full control over your assets.
- Ledger Wallet: For those who prioritise security, Ledger stands out as a hardware wallet option. Keeping your SYS tokens offline ensures maximum protection from online threats, with a companion app for managing assets on the go.
- Coinomi: Coinomi is a multi-chain wallet that supports Syscoin alongside numerous other cryptocurrencies. It provides built-in exchange services and robust security features, ensuring safe and easy token management.
- Now Wallet: With a focus on simplicity, Now Wallet allows users to store, send, and receive SYS tokens effortlessly. It offers multi-chain support and a smooth interface, making it a great choice for quick transactions.
- Klever Wallet: Klever is a versatile option that supports multiple digital assets, including Syscoin. It offers enhanced security features and a built-in browser for interacting with decentralised applications (dApps).