The most common way to buy Syscoin is usually through the most popular exchanges and platforms that can be used. Although, almost all of them have a similar operation. It is essential to register, and carry out a transfer or link a card in order to buy Syscoin. Once you log in to the platform, just choose the cryptocurrency you are interested in and proceed to buy it with the exchange rate you have at that precise moment.
Where to buy Syscoin
To buy Syscoin, the best option is to use the Binance platform. Although there are other exchanges where you can also buy Syscoin, Binance offers the best options and the largest variety of cryptocurrencies.Â
If you don’t have an account with Binance, you can create one here. Now I leave you with a video, so you can see how to buy Syscoin in the best and easiest way step by step, so you don’t have any doubts.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
Step by Step
To buy Syscoin, the first thing you need to do is to log in to your Binance account, deposit your funds, either Euro, USD or another currency.Â
Once you have funds in your account, go to markets, and select your currency pair against USDT (Tether). You will then be able to buy Syscoin. Once you choose the pair, you have to go to sell, and indicate the amount you want to exchange your currency for USDT, and then buy Syscoin.Â
With the USDT purchased, you can return to the main menu to see that you already have them in your account and the order has been executed. Go back to the market, and look for the SYS/USDT pair, and click on it.Â
Here, you will see again the same buy and sell panel, where you have to go to buy, to exchange your USDT for the amount of Syscoin you want. Once you have chosen the amount, click on buy and you will have it.
If you go back to the dashboard, you can see how much Syscoin you have. Now, you can keep it in Binance to sell it whenever you want, or take it to a wallet for more security.Â
The most popular digital wallet is Metamask, where you can withdraw your Syscoin from Binance to keep them in Metamask for extra security. You can also use them in DEFI exchanges.
If you follow these steps, you can have SYS in less than 5 minutes. Sign up with Binance today so you don’t miss your chance.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
What is Syscoin?
The best of Bitcoin and Ethereum in one place.
Syscoin combines the best of both worlds to give you a network to build the most secure, reliable and fastest Web 3.0 applications.
Build
Build with all the same EVM tools and resources you already know from the Ethereum platform.
NEVM smart contracts
Deploy scalable smart contracts with proven speed and security.
Bitcoin-like security
Bitcoin fusion mining leverages the industry’s most proven security.
Launch
Get up and running on a fast, reliable and seamless network that fits your application.
NEVM Layer 1
Launch projects on Syscoin’s Layer 1 NEVM solution and rest easy knowing you’re backed by Bitcoin’s Proof-of-Work security and all that energy is recycled thanks to fusion mining.
Familiar toolset
Use all your favorite EVM tools to build dApps that require the industry’s most proven security.
Grow
Design the most ambitious, future-ready projects you can imagine without having to worry about scalability and sky-high fees.
Roadmap to ZK-Rollups
Get ready to plug into the futuristic scalability enabled by ZK-Rollups and Validium, coming in early 2022.
Masternodes + Chainlocks
Syscoin supports your project with a robust masternodes service layer that provides additional security to the ledger with chainlocks.
yscoin is a Proof-of-Work blockchain, merged with Bitcoin. At its core it is a dual-layer blockchain: the core is Syscoin’s own blockchain, and running in tandem with it is an Ethereum Virtual Machine (EVM) layer called NEVM (Network Enhanced Virtual Machine), which provides smart contract functionality.
The most prominent features of Syscoin are.
NEVM – the network-enhanced virtual machine that powers Syscoin’s smart contract layer.
Z-DAG – an instant settlement protocol used to enable incredibly fast Syscoin platform token transfers (SPT).
Masternodes – incentivized full nodes that use ChainLock technology to reach consensus on the next mined block on the blockchain and are paid to provide services to the network, such as facilitating Z-DAG transactions.
Notary rules: simply put, they allow Syscoin platform (SPT) creators to apply their own rules to transfers on their SPT and then accept or reject the transfers by signing or not signing the transactions. These off-chain rule sets allow SPT creators to maintain compliance even as regulations change.
Why use Syscoin?
To understand why Syscoin is the perfect choice to develop on, you first need to understand the direction the EVM-based blockchain ecosystem is headed. The new paradigm is focused on modular blockchains, rather than blockchains that try to do everything (scale, be decentralized and be secure) in one base layer. There should be multiple layers. There are three terms to keep in mind for the future of blockchain to come, these are:
Execution layer
Settlement layer
Data availability layer
They will be explained in more detail below.
Execution layer
The execution layer in the new blockchain paradigm will essentially be the layer where all day-to-day transactions will take place. Using a DEX to exchange tokens? Buying NFTs in a marketplace? Whatever you come up with, these smart contracts will operate at the execution layer. They will be, for example, ZK-Rollups, Optimistic Rollups, Arbitrum or other scaling solutions not yet thought of. The idea is that the base blockchain, i.e. Syscoin or Ethereum, is not scalable without compromising one, or both, security or decentralization. Therefore, execution should take place at a separate layer.
Settlement layer
The settlement layer is the layer that secures the ecosystem, so it should be highly secure, e.g., by merging with Bitcoin. Highly scalable ZK-Rollups operating as the execution layer of Syscoin will, at regular intervals, publish evidence of the transactions that took place in them to the NEVM blockchain in order to securely and immutably store what has taken place within the ZK-Rollup.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
