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Siacoin (SC) Trading is Live on Flitpay!

Siacoin (SC) Trading is Live on Flitpay!
Author: Naveen Lawaniya
21-Dec-2022

Hi Flitpay Fam,

One of your most requested tokens, Siacoin (SC), is now listed on Flitpay. You can trade and invest in it through the SC/INR pair and join it in your crypto journey.

This coin is listed under Flitpay’s Instant Listing Programme. To know what this program means to you, visit learn.

About Siacoin (SC)

Siacoin is a blockchain-based decentralized cloud storage platform. Through Siacoin, users on the Siacoin platform can lease unused hard drive space of their computers to users looking for file storage. Sia provides services similar to popular cloud storage solutions like Google but in a decentralized manner, so you don't have to trust a single company. Those renting the storage space are the hosts in Siacoin, and renters pay them only after they prove they are storing the renter's file. The Smart contracts developed in Siacoin manage all its agreements and transactions.

The native token of Siacoin, SC, is the platform currency a renter pays the host for renting the storage space. Both the renters and host agree to the transaction, and renting takes place. For creating such agreement contracts, Siacoin charges a one-time fee per contract.

Proof of work consensus mechanism secures the Siacoin ecosystem. Hence, users can mine Siacoins by taking part in mining. The block reward for mining keeps decreasing under its deflationary model.

Token Statistics

Launched Year:                        June 2015

Chiliz (CHZ) Price in INR:        ₹0.21

Circulating Supply:                  52,797,382,991 SC

Total Supply:                             52,797,382,991 SC

Market Rank:                             151

*Above data from Coinmarketcap as of 19th December 2022*

More coin listings are coming soon.

Till then, Happy Trading!

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