HOW TO BUY SIACOIN – MEDIUM

How to buy Siacoin Why Siacoin? The idea of Sia was originally conceived in 2013. What if you could liberate the unused storage space of the world and unite it into a worldwide free market for data?Sia leverages the capacity of blockchain technology to enable distributed networks to reach consensus in a secure and trustless way. Cryptographically secured smart contracts ensure the encryption and transfer of data with no possibility for a third party to interfere in any way.Sia is a new approach to cloud storage platforms. Instead of all datacenters being owned and operated by a single company, Sia opens the floodgates and allows anyone to make money by renting out their hard drive. Data integrity is protected using redundancy and cryptography. Buy Siacoin using AUD? Buying within Australia is quick and simple using Australia’s leading cryptocurrency exchange CoinSpot. YES, CoinSpot allows you to use your AUD to buy Siacoin and also cash out directly into your AUD bank account. Buy Stellar using BITCOIN? YES, CoinSpot and Binance allows you to use your bitcoin to buy Stellar. How do I create a CoinSpot account? Signing up to CoinSpot is similar to most exchanges, although verification requires some additional steps compared to other services.CoinSpot verification requires you to: Enter your full name and current Australian addressProvide an Australian mobile phone numberUpload a photo of your driver’s licence, learner’s permit or proof of age card to provide proof of name.Upload a photo of a utility bill or the back of your driver’s license to show proof of addressSet up two factor authentication You will also need to upload a photo of yourself with a signed statement saying: “I, [Your Full Name], submit this photo to apply for a CoinSpotaccount to trade digital currency and my code is [Your Code number]. [Your Signature]”Your code number can be found under the Account > Verification section, as part of the verification process.A CoinSpot representative will also contact you on the phone number provided to ask some questions and ask you to confirm certain details. Sign up for your free CoinSpot account @ https://www.coinspot.com.au Sign up for your free binance account @ https://www.binance.com/