The Siacoin (SC) token has seen a tremendous rally over the past 24 hours and is trading at $0.019 at the time of writing this article
The Siacoin token has seen a huge rally over the past 24 hours, accompanied by a huge increase in volume. The SC token could potentially be 2X or 4X if the current rally extends in the future. The coin has the potential to increase further if the whales continue to buy large quantities.
How and Where to Buy Siacoin in Germany and elsewhere
If you want to buy SC tOkens, all you need to do is open an account with a crypto exchange/broker platform. The process of account registration is simple, and you will be asked to provide a username, password and email address. As part of the Know Your Customer (KYC) process, the website also asks for more information. To comply with KYC standards, you must submit copies of your driver’s license and utility bill.
Avoid using decentralized exchanges because they are unregulated. For your convenience, we have selected two of the best platforms where you can trade easily.
eToro
eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.
Buy SC now at eToro
LonghornFX
LonghornFX is a true STP broker ECN dedicated to deliver a better trading experience to traders regardless of their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Buy SC now at LonghornFX
What is Siacoin?
Siacoin was developed as a cloud storage platform. Users can rent out their unused storage space in exchange for SC tOkens. The Siacoin platform aims to decentralize the business of cloud storage, which is currently under the control of a few large companies.
Should I buy SC today?
The Siacoin has seen a huge rally triggered by rising volumes, and the price is still very attractive to retail investors. The early holders of the SC token could make handsome profits in the future if the coin continues to rise. Traders could also take advantage of price volatility for short-term gains.
Below is the daily price chart for Siacoin, which shows an increase in volumes that could push prices towards the $0,03 region and above.
Siacoin Daily Chart. Source: CoinMarketCap
This article is for information purposes only – none of the information is to be understood as financial or investment advice.