What Is Syscoin (SYS)?
Syscoin is a unique public decentralized blockchain that is merge-mined with Bitcoin and works as a dual-chain. The chain claims that by combining the vision of Bitcoin and the flexibility of Ethereum, Syscoin can be very secure and decentralized while achieving high throughput and scalability at the same time.
The blockchain was created in 2013 by Sebastian Schepis. He is a software developer powerhouse who has worked with the likes of Lockheed-Martin, Verizon, and Bank of America before becoming an entrepreneur and creating a host of blockchain solutions on his own.
How Syscoin (SYS) Works
Syscoin is the PoW blockchain that claims to extend the vision of Bitcoin while elevating that with the use cases of Ethereum through merge-mining and dual-chain.
Merge-mining is essentially a feature that can only exist in PoW blockchains because it allows miners to mine on more than one chain at the same time without needing extra energy. An interesting analogy is that you have one lottery ticket that can be won at two different games.
Dual-chain feature is also an interesting one. Syscoin has two blockchains running in tandem and are connected, the native PoW Syscoin blockchain and an EVM-compatible blockchain called NEVM (Network-Enhanced Virtual Machine). NEVM is a blockchain that is designed to have smart contract features, are highly interoperable, and can be scaled to smart cities level. After Ethereum moves to PoS, Syscoin will still have the superior security of PoW while the scalability is much higher thanks to the NEVM.
How Many Syscoin (SYS) Tokens Are in Circulation?
SYS is the token that powers the Syscoin chain. Its total supply is 888,000,000 SYS. The amount in circulation is 670,255,384.61 SYS.
How to Buy Syscoin (SYS)
Consider investing in Syscoin (SYS)? It only takes 2 minutes to create an account on Bitget and start trading SYS.
Check out the available SYS trading pairs on Bitget!
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Syscoin (SYS) Resources
Simple 3-step guide to buying SYS today in Palestine
Create your free Bitget account
Select a funding method
Complete your Syscoin purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Syscoin using a payment method of your choice:
Buy Syscoin with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Syscoin order.
How to buy crypto with credit/debit cardBuy Syscoin with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Syscoin is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Syscoin order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Syscoin order.Buy Syscoin with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Syscoin order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Syscoin in your Bitget spot wallet
Bitget—where the world trades Syscoin
How to buy Syscoin for free
- Learn how to earn Syscoin for free through the Learn2Earn promotion
- Earn free Syscoin by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Syscoin airdrops by joining On-going challenges and promotions
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FAQ
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Palestine, a region with ill-defined and changing borders over the course of history, is only the southern part of the Syrian-Palestinian region – which itself constitutes the western horn of the "Fertile Crescent,” a privileged passageway between Asia and Africa neighboring the Mediterranean Sea. According to official figures, there are roughly 13 million Palestinians in the world, most of whom reside in what is now considered the State of Palestine. Though it considers Jerusalem as its capital city, the location is controlled by Israel, and Gaza City remains Palestine’s largest city.
Without an official national currency, residents in Palestine gravitate towards the Egyptian Pound (EGP), the Israeli New Shekel (ILS) and the Jordanian Dinar (JOD). With these currencies, you can purchase Syscoin(SYS) in just a matter of minutes, no matter where you are in the country, from Jerusalem to the Gaza Strip to the West Bank. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.