Syscoin (SYS) emerges as a scalable blockchain infrastructure, recognized for its alignment with Bitcoin Core’s security standards and its support for efficient microtransactions. The platform stands out by enabling transactions with any Ethereum-based ERC-20 token without relying on external liquidity providers. A unique aspect of Syscoin is its SHA-256 network, termed Syscoin Core, which operates as a proof-of-work blockchain, allowing mining activities akin to Bitcoin.
Acquiring Syscoin: A Step-by-Step Guide
The SYS Coin has garnered attention for its robust infrastructure, which has led to its inclusion on prominent cryptocurrency exchanges such as Binance. For those interested in purchasing SYS Coin, Binance stands as the sole platform offering this option. The listing of SYS Coin on Binance coincided with a surge to record price levels.
Investing in SYS Coin: Practical Instructions
Investors aiming to buy SYS Coin can do so on Binance, which provides trading pairs SYS/BTC and SYS/BUSD. The initial step involves creating a Binance account, followed by depositing USD to the platform and exchanging it for BTC or BUSD. Alternatively, investors can directly transfer BTC onto the exchange to engage in trading using the most active pair.
A noteworthy observation is the trading vigor of the SYS/BTC pair, which has recently seen a volume exceeding $6 million within a day, constituting nearly half of the total trading volume.