Buy Syscoin (SYS)

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What is Syscoin?

Syscoin (SYS) is a multipurpose platform that is a full Layer-1 and Layer-2 blockchain solution combining the best of both Ethereum and Bitcoin. Through Bitcoin merge-mining, Syscoin transforms Bitcoin's Proof-of-Work security and decentralisation into a functional and scalable solution.

  • A high transaction rate of 60,000 TPS (transactions per second) aims to provide a high level of scalability.
  • The Syscoin platform employs a masternode network which provides access to a scalable service layer, as well as Network Enhanced Smart Contracts. This aims to provide low fees and fast transactions.
  • Flexible platform, offering a number of services including, near-instant network transactions, ultra-low fees, taproot, and a token platform.

Syscoin's token platform currently features custom notary API, Fungible Tokens, NFTs, and Fractionalised NFTs. On the Syscoin Platform, a masternode network provides a scalable service and added security.

How do I buy Syscoin?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for SYS and click "Buy".
That’s it!
You now own some Syscoin! You can click "Go to SYS Wallet" to see your Syscoin.

Learn more about Syscoin

Why Should I Trade SYS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Syscoin no matter what your trading experience is. Unlike other international and Australian Syscoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Syscoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Syscoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Syscoin?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Syscoin for free.

Cold Storage

If you are holding Syscoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Syscoin. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Syscoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Syscoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Syscoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Syscoin exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Syscoin & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Syscoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Syscoin portfolio here.
Yes! With CoinSpot you can convert your Syscoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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