Siacoin (SC): SIA is a decentralized cloud storage company that uses Siacoin for blockchain based cloud storage applications. Siacoin’s blockchain applicability, privacy, affordability, and it is open-source makes it different from other traditional cloud servers. This Siacoin value is decreased in past 24 hours and its current price is $0.033599 USD.
Siacoin released their first blockchain beta in March 2015; version 1.0.0 was released in June 2016. The main feature of Siacoin is Utilizing a decentralized network, Sia splits apart a users files and storage scattering the data. Then with only private keys, the user can access and hold their data. This is done by utilizing a BLAKE2b hash function at its core.
Where to Buy Siacoin (SC)?
Siacoin can be purchased on these cryptocurrency exchange sites such as Bisq, HitBTC, Poloniex, Bittrex, BITHOLIC, Upbit, and Abucoins. It is not possible to purchase Siacoin directly using U.S. dollars. Investors seeking to trade Siacoin must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Siacoin.
The price of Siacoin can be followed on the link Siacoin (SC) Live Chart. Siacoin is found to have more benefits. Hence it is better for the investors to on such developing coins when it is cheap. In the coin market cap, Siacoin (SC) is ranked as the 30th cryptocurrency.