What is siacoin and how to buy siacoin online Is buying Siacoin a good idea today? In fact, yes, it is considered a cheap digital currency that has great potential for growth in its price in the long run

The forecast for siacoin is characterized by a bright future, with a growth of up to 7823% within four years from 2021.

1. What is siacoin and how to buy siacoin online

Your Excellency: Here is the table of content for this article:
How do I buy Siacoin?
What is Siacoin?
Where does the value of Siacoin come from?
Who invented the Sia Coin?
Siacoin purchase price
Siacoin price now (live)
Bottom line, what makes buying Siacoin a unique investment?
How do I buy Siacoin?
How to buy Siacoin is very easy and you only need to follow simple steps, namely:

Step 1: Find a cryptocurrency broker where you can buy SC.

 2: Create an account and provide the required data.

Step 3: Charge your account with money.

 4: Purchase sc.

Step 5: Monitor currency changes and get the best deal possible.

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2. What is siacoin and how to buy siacoin online

What is Siacoin?
Siacoin Cryptocurrency (SC) is an unusual cryptocurrency for Sia Network, a decentralized cloud storage platform, which is based on blockchain technologies and allows any computer, anywhere in the world, to rent unused space from its hard drive to any user who wants to store files .

It could be said that Sia is similar to how Airbnb works but instead of renting homes here we are renting space on our computers, something like giant cloud storage solutions, and Siacoin is the only payment mechanism for making transactions.

siacoin coin logo
Ϟ Wamda to the Investorϟ: At the beginning of 2021, the Siacoin network storage space reached 766 terabytes of files stored on more than 333 players, with a maximum operating capacity of 2265 terabytes.

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Where does the value of Siacoin come from?
The value of buying siacoin comes from its core network, especially since the only payment mechanism for storage services is to buy SC and exchange it for services for a fee.

3. What is siacoin and how to buy siacoin online

Who invented the Sia Coin?
Siacoin was founded in 2013 in New York by software and computer science students David Vorick and Luke Champine. It was intended to become the currency of the primary online storage network.

Wamda to the Investor: During mining operations, miners receive approximately $40 per block mined.

Siacoin purchase price
Since its launch into public circulation, there are 4 separating stages in the history of the investment price in Siacoin, which are:

Stability from 2015 to April 2017, when the highest value was $0.0018 in 2016.
Changes and fluctuations between 2017 and the end of 2018, as the purchase value of Sia Coin reached its highest value in its history at $0.091 in January 2018.
Fluctuations in a semi-constant range until the beginning of 2021, when the currency was suitable for trading and its average price was $0.0024.
Rise and volatility wave from the beginning of 2021, where the highest value reached for the purchase price of siacoin was $0.0457.
Siacoin price now (live)

SCUSD Charting Powered by TradingView

Bottom line, what makes buying Siacoin a unique investment?
Sia’s long-term goal is to compete with cloud giants for a share in the cloud storage market offered by Amazon, Google, and of course Microsoft’s cloud services as a cheap, secure, and fast alternative, and of course high encryption and adoption of Siacoin as a payment method for a growing network.

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