SC Siacoin

Price of 1 Siacoin today (31 May)

$ 0.00088

0.121%

Price of Siacoin (SC)

Market Cap

$ 43.7M

-5%

#676

Trading Volume, 24h

$ 3.2M

-11%

Dominance

0.0016%

In circulation SC

49,752,855,672

Price Min/Max

24 hrs

$ 0.00088

$ 0.00089

30 days

$ 0.00085

$ 0.001

1 year

$ 0.00085

$ 0.0037

SC Sectors:

Siacoin does not belong to any sector.

Exchanges where SC is traded

	Exchange	Pair	Price	Volume, 24h
1	Bybit	SC/USDT	$ 0.00091 ₮ 0.0009	$ 16,257	Go
2	Poloniex	SC/USDT	$ 0.00088 ₮ 0.0009	$ 1,870,491	Go
3		SC/USDT	$ 0.00093 ₮ 0.0009	$ 1,299,756	Go
4	Bybit	SC/USDT	$ 0.0032 ₮ 0.0032	$ 217,138	Go
5	Upbit	SC/KRW	$ 0.0009 ₩ 1.3600	$ 142,843	Go
6	Binance	SC/USDT	$ 0.00091 ₮ 0.0009	$ 85,563	Go
7	BiONE	SC/USDT	$ 0.0047 ₮ 0.0047	$ 77,824	Go
8	MEXC	SC/USDT	$ 0.00091 ₮ 0.0009	$ 58,240	Go
9	CoinW	SC/USDT	$ 0.00088 ₮ 0.0009	$ 48,786	Go
10	BigONE	SC/USDT	$ 0.00088 ₮ 0.0009	$ 47,076	Go

Show All ➙

The first currency trading commenced in 6 June 2015 , and up to the present day, Siacoin (SC) is traded on 30 exchanges, including Poloniex, Huobi Global, ByBit, Upbit and others. The maximum trading volume is observed for the trading pair SC/USDT and reaches 3.8 mln. dollars (96% of the total volume across all exchanges). During the week, the minimum price for Siacoin (SC) is fixed on Saturday at 0.00088 cents. Currently, the token Siacoin is trading in the range of 0.0878 cents or 0.00000058 kopecks for 1 SC.

Calculator SC

USDT

1 SC = 0.00088 USD

Full version

What is Siacoin?

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts.

Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API.

In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.