How to buy Siacoin (SC)

How to buy and use Siacoin (SC) on its native network

Siacoin is a cryptocurrency launched in 2015 that allows users to generate coins through mining. It is the utility token for Sia, a decentralized cloud storage platform. The project aims to be the backbone storage layer of the internet, which is an ambitious goal for any piece of software.

Verified routes to get SC

We have verified several exchanges where SC is traded. Availability and KYC requirements vary by country.

You can find SC on the following platforms:

• Binance
• Bybit (trading fee 0.1%)
• MEXC (trading fee 0%)
• Gate
• Kraken
• WEEX (trading fee 0%)
• Upbit
• Bithumb
• HTX
• CoinW
• Poloniex
• Crypto.com Exchange
• Tokocrypto
• CoinEx
• BYDFi
• Binance TH
• CoinDCX
• DigiFinex
• Bitrue
• Giottus
• EasiCoin
• Hibt
• BitKan
• CRMClick
• SuperEx
• XT.COM
• Bitbns
• WazirX
• Bit2Me
• BigONE
• TRIV
• Gate US
• CoinUp.io
• Bitcoiva
• KTX
• ChangeNOW
• Orca
• Uniswap v4 (Robinhood)
• Uniswap V3 (Robinhood)

What the native network does

Sia is a blockchain-based distributed cloud storage platform. It is a trustless marketplace where users lease their unused storage space to others.

The network uses smart contracts to enforce agreements and transactions. Siacoin is the medium of exchange used to pay for this storage. The system is built on a Proof of Work (PoW) consensus mechanism using the Blake2b algorithm.

Wallet, transfer, and network-fee checks

Siacoin is a native coin. It is not a token hosted on another blockchain.

Users can verify addresses and transactions using the official explorer at siascan.com. For those who want to inspect the implementation activity, the source code is available on GitHub.

Before transferring SC, you should verify the specific withdrawal network supported by your exchange. Assuming that every exchange supports the same network is a common mistake.

Self-custody and withdrawal risks

Deposit and withdrawal support for the routes listed above is not verified. You must check the current status of your exchange before attempting a transfer.

Account features and KYC requirements change based on your country. We suggest checking withdrawal limits and regional restrictions before opening an account.

For those seeking self-custody, the official Sia website and whitepaper provide the necessary technical context for setting up a wallet.

Sources and methodology

The routes listed in this guide come only from verified market-pair rows in our database. We use web research and CMC news for background and risk context. Information from CoinMarketCap pages is treated as low-confidence context. Live market values are omitted because they change too frequently to remain accurate in a static guide.