Siacoin price, charts, marketcap and other stats

Siacoin
SC
$ 0.003548
0.00000017 BTC
Marketcap
$ 182,786,780
Volume (24h)
$ 2,247,377
Circulating Supply
51,477,015,000 SC
Total Supply

Disclaimer: Crytpo’s Community content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Siacoin Converter (Siacoin to USD converter)
SC

What is Siacoin?

Sia is a decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers.

Sia uses a new cryptocurrency, called the siacoin.

The most important features of Sia can only be accessed by using siacoins. All storage contracts and all Sia payment channels require owning siacoins. This requirement means that as Sia grows in usage, so too will demand for siacoins.

As demand grows, the price will increase. If Sia is being used for billions of dollars of storage, billions of dollars of siacoins will be required. The value of the siacoin is inextricably tied to the amount of storage in use on the Sia

network.

Siacoin price today USD


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Historical Price for Siacoin
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Siacoin Markets
#SourcePairVolumePriceChangeUpdated

Buying Siacoin or other cryptocurrencies is much easier and faster than you might think. In addition, more than 90% of deposits are recognized within 1 hour.

What is current Siacoin price?

Siacoin price today $ 0.003548

How does Siacoin price determined today?


It is supply and demand that determines the value of Siacoin. It can only be made in a certain number. Increasing demand for Siacoin will lead to a rise in its value. He’s been bought out for a lot of money in order to spread out his investments, acquisitions, and transfers to other countries.

How does Siacoin work?


After purchasing Siacoin and storing them in your virtual wallet, you may transfer them to another wallet, corporation, or shop. This transfer is made possible using Blockchain technology, which is a data structure that provides financial accounting or transaction records. To guarantee authenticity and manipulation, each transaction is digitally signed.

Why buy Siacoin?


There are various benefits to utilising Siacoin, including: The ability to send any amount of money to any location in the globe at any time. You pay a fee of your choosing to miners, who prioritise the transfer according on the fee amount. If you pay more, the transfer may be completed in a matter of minutes; if you spend less, it may take many hours. The transfer confirmation is trackable online. Possibility of expansion. Siacoin is exploding, as are several altcoins, or alternative virtual currencies. It is a fantastic investment choice for both saving and waiting for growth, as well as carrying out day trades, which are short-term operations of buying and selling or selling and purchasing in order to profit from price changes caused by cryptocurrency swings. The benefit of stock trading over day trading is that it can be done at any time of day.

How to buy Siacoin?


To purchase Siacoin, sign up with a virtual exchange, make a bank transfer to the firm, and then purchase Siacoin online using the exchange’s website. It is possible to purchase a whole Siacoin or a part of a Siacoin (for example: 0.541 Siacoin). It is also possible to make P2P purchases (buying from someone else). We recommend that you ask for references from the seller before purchasing their Bitcoins and other currencies.

How to sell Siacoin in USA?


One method is to trade your Siacoin for real money and have her deposit the money to your bank account. It is also feasible to sell P2P (to another person) and have them transfer funds to your bank account or send you pay slips. Remember to get references from the vendor. Most have Facebook accounts or group postings with testimonials from previous customers.

How to safely store your Siacoin?


Siacoin is an extremely secure money. To be extra cautious, avoid leaving your Siacoin on exchanges, learn how to make the best paper wallet, and put your private key in a safe or something similar so that it is not readily found or comes into touch with water or anything else that might harm it.

What is Siacoin mining and how does it work?


Mining Siacoin means creating new Siacoin. To mine Siacoin, one tends to use computers with high processing power in the pool. They are on 24/7 to mine blocks. The pool that forms a block earns a reward in Siacoin.

What is the total Marketcap of Siacoin?


As of today, total marketcap of Siacoin $ 993,036,848,238

What is the total  volume of Siacoin?


As of today, the Total volume ofSiacoin $ 59,239,448,532