Siacoin is a unique coin because you can use its decentralized network to store data across the world across many computers.
Siacoin had a bubble and its price is very low now but still many people like to try to buy this coin online. So today we are show you how to buy Siacoin in few quick steps.
You first need to acquire some bitcoins and to do that you can use many methods available.
Buy the Siacoin?
Siacoin is very small cryptocurrency and therefor you cannot buy it very easily from many exchanges so you first need to buy your bitcoins to swap for Sia coins.
Bitcoin.org is knowledgeable site that shows many places to buy bitcoins.
Since there is many listed we suggest a few we may want you to try –
Kraken you may want to use if you reside in EU and want to do a purchase with your bank money.
Coinbase you may give a go to buy with your credit card.
You may also want to download Siacoin wallets from the site so you can place your coins in the wallet.
Buy Siacoin with USD in USA?
Just follow above steps to buy Siacoin with USD you buy BTC on Coinbase after trade for bitcoins on any alt exchange.
What is Siacoin?
Sia.tech claims that Siacoin offers many benefits in data storage and information. Its website online says:
Sia splits apart, encrypts, and distributes your files across a decentralized network. Since you hold the keys, you own your data. No outside company can access or control your files, unlike traditional cloud storage providers.
The site also claims that Sia is making data more affordable and that it is many more secure because you can store the datas across many thousands of computers across the world.
Is Siacoin better than Filecoin or the other storage coins like Storj is a question many ask but so far we like Siacoin team and developer community we hope they keep working on it.