Syscoin Fees

Deposit, Trading & Withdrawal fees

Syscoin Exchange Fees

by exchange site
Dep. Deposit fees Trade Trading fees Withdrawal Withdrawal fees
- 0.1% 1.0 SYS Sign up
- 0.25% 0.0002 SYS Sign up
- 0.18% 0.01 SYS Sign up
- 0.1% / 0.2% 0.01 SYS Sign up
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Cheapest exchanges for Syscoin

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What is Syscoin?

Syscoin is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Unlike other cryptocurrencies, Syscoin’s intrinsic value is derived from the decentralized services it provides directly on the blockchain.

Marketplace Cryptocurrency Scrypt Proof Of Work Masternode Lightning Network Platform Mining

Launch date 2014-08-15
Development status Working product
Whitepaper Link
Org. Structure Centralized
Open source Yes
HD Wallet No
Consensus type Proof of Work
Hash algorithm Scrypt

Syscoin sites

Coin categories

Marketplace
The marketplace refers to the activity of buying and selling products.
Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Scrypt
It’s an algorithm that is used by Litecoin, etc. (ASIC mining)
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
Masternode
Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, with appropriate collateral amount of cryptocurrency deposited, and it’s always up & running.
Lightning Network
Lightning is a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants.
Platform
A platform is a group of technologies that are used as a base upon which other applications, processes or technologies are developed.
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power

Team members

Position Links
Sebastian Schepis Creator & Core Developer
Quang Nguyen Product Lead
Dan Wasyluk Team Manager & Developer
Andres Cortés Full Stack Web Developer
Jagdeep Sidhu Core Developer
Brad Hammerströn Marketing
Chris Marsh Business Development Manager
Sebastien Dimichele Director of Public Relations
Willy Ko Chinese Community Manager
Janette Baker Marketing & Social Media
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