Bitcoin
Siacoin to be purchased as SC targets the moon with 16% gains
The Siacoin (SC) token has seen a huge rally in the past 24 hours and the token is trading at $0. 019 at the time of writing The Siacoin token has registered a huge rally in the past 24 hours accompanied by a huge rise in volumes. If the current rally continues, the SC token…
The Siacoin (SC) token has seen a huge rally in the past 24 hours and the token is trading at $0. 019 at the time of writing
The Siacoin token has registered a huge rally in the past 24 hours accompanied by a huge rise in volumes. If the current rally continues, the SC token could potentially rise by 2X to 4X. If the whales continue to buy large quantities, the coin could rally further.
How and where to purchase Siacoin in the UK
To purchase SC tokens, you will need an account on a cryptocurrency exchange/broker platform. It is very easy to register an account. You will need to provide a username, password, and email address. You will be asked for additional information during the Know Your Customer (KYC), process. To comply with KYC norms, you will need to provide copies of your utility bill and driving license.
Avoid decentralised exchanges, as they are not regulated. We have chosen two of the most popular platforms that allow you to trade easily.
eToro
eToro offers some of the best multi-asset trading platforms in the world, with the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Siacoin, you ask?
Siacoin is a cloud storage platform. In exchange for SC tokens, users can transact or rent out their space. Siacoin aims to decentralize cloud storage, which is currently controlled by a handful of large corporations.
Should i buy SC today?
Siacoin saw a massive rally due to rising volumes. The price is still very appealing for retail players. If the coin rallies further, the SC token holders could see handsome gains in the near future. The volatility in the price could be a short-term opportunity for traders to make some gains.
Below is the daily price chart of Siacoin. It shows an increase in volumes which could push prices towards $0. 03 region and above.
Siacoin daily chart. Source: CoinMarketCap
This article is for informational purposes only. It should not be taken as investment or financial advice.
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