Syscoin Fees

Deposit, Trading & Withdrawal fees

Syscoin Exchange Fees

by exchange site

	Dep. Deposit fees	Trade Trading fees	Withdrawal Withdrawal fees
Binance	-	0.1%	1.0 SYS	Sign up
BitTrex	-	0.75%	0.0002 SYS	Sign up

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What is Syscoin?

Syscoin Platform (SYS) is presented as a decentralized scalable blockchain for enterprise, a development platform, and an asset platform offering high throughput and scalability, low fees, the security of SHA256 merge mining, ease of token creation, and a unique form of decentralized cross-chain asset interoperability capable of working with many platforms without requiring intermediaries nor counterparty trust

Marketplace Cryptocurrency Proof Of Work Masternode Lightning Network Platform Mining Sha256

Launch date 2014-08-15

Development status Working product

Whitepaper Link

Org. Structure Semi-centralized

Open source No

HD Wallet No

Consensus type Auxiliary Proof of Work

Hash algorithm SHA256

Syscoin sites

Explorer

https://chainz.cryptoid.info/sys/

http://explorer.blockchainfoundry.co

Source code

https://github.com/syscoin/syscoin

Website

http://syscoin.org

https://www.reddit.com/r/SysCoin

Facebook

http://facebook.com/syscoin

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.

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

Sha256

It’s an algorithm that is used by Bitcoin, etc. (ASIC mining)

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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