Buying Synchrony has become relatively easy. It can simply be done by PayPal, card, or even cash.
This is a small guide we’ve made to make your job easier.
So if you are interested in buying Synchrony (SCY), read it till the end.
Though people always say that buying cryptocurrencies from your debit or credit card is difficult, it is not.
Let’s start!
Where To Buy Synchrony (SCY)?
There are several exchanges a user can use to purchase Synchrony.
This article will cover the current exchanges where you can buy Synchrony at the best prices.
Choose your preferred platforms below and follow the guides to learn how to buy Synchrony (SCY) coin successfully.
How to Buy Synchrony with Credit Card or Debit Card?
The first thing you can do is to buy Bitcoins or Ethereum with your credit card from a Synchrony (SCY) exchange. These can later be changed into SCY.
Follow these steps:
- Purchase Ethereum or Bitcoin from the crypto platform you prefer.
- Transfer the purchased Ethereum or Bitcoin to an exchange that supports Synchrony.
- Finally, exchange the purchased cryptocurrency into Synchrony.
1. Create an Account on Coinbase
In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into Synchrony (SCY) – you have the make an account on Coinbase.
Click on “sign up” and enter your required information like name, location, password, and e-mail – make sure these details match your Photo ID. Otherwise, it can create trouble.
Coinbase is controlled by the US authorities and follows strict fiscal rules. As a result, they have to confirm your identity.
However, some time and effort are invested, but this makes Coinbase the most trusted and reliable way to convert ordinary currency into cryptocurrency.
2. Buy BTC with Fiat Money
Coinbase has to verify your account for safety. They will ask you for your contact number, verify your bank account or your card (credit or debit), will ask you to upload an image of your photo ID as well.
Only after the verification you will be able to buy cryptocurrency.
In case you purchase cryptocurrency through the card, your purchase will take no time, but the fees will be charged higher than the usual. If you make payment through the bank account transfers, it can take up to 7 days to receive your coins, but it will surely be cheaper than your card purchase.
Once your purchase details are verified, click on the buy/sell button, which happens to be on the top menu.
For example, if you are buying Bitcoin, simply click on Bitcoin and fill in the amount of money you are willing to spend or the number of coins you want to buy at the bottom of the page.
When you are done with all of these, just click on the “Buy” button.
The next thing you need to do is confirm your purchase.
Do this by clicking on the “Buy now” button.
By now, you have purchased Bitcoin, do not close Coinbase – this has to be used again.
Create an Account on MEXC
This is a centralized crypto exchange that was introduced to the public in April 2018. It was founded in Seychelles.
MEXC supports deposits in GBP, VND, USD, CNY, EUR, and AUD. For withdrawals, it supports VND and CNY.
The exchange permits investors from America to trade. It supports trading in more than 240 assets and up to 374 trading pairs.
According to Coingecko, they are ranked in 7th position on the list of exchanges with the largest number of supported crypto assets compared to other spot trading exchanges.
MEXC is renowned for leading the charge for DeFi (Decentralised Finance) and always giving support to their coins or assets.
Click “Sign Up” on the top right.
Create an account by entering your email address (or phone number) and a password (strong passwords for security).
On this crypto exchange, you’ll also be required to establish 2 Factor Authentication for extra security on your account.
3. Transfer BTC From Coinbase to MEXC
The exchange policy may require you to undergo another KYC process that may range from half an hour to a few days in duration. Despite being lengthy, the KYC process is easy to execute.
After completing the KYC process, you’ll be given complete access to your MEXC wallet.
If this is your first time making a crypto deposit, the deposit portal may appear intimidating, but don’t worry because it’s easier than a bank transfer.
You will see an “Assets” option on the top menu, hover the mouse cursor over it, then click on “Account“.
Click on “Deposit” and search for “Bitcoin“. A long string of numbers and letters will appear – this is your Bitcoin deposit address.
Copy the address and save it somewhere safe, you are going to need it soon.
Note: You should recheck if you selected Bitcoin only because if you send coins to the wrong wallet by mistake, they will get destroyed.
To transfer your Bitcoin from Coinbase to your MEXC wallet, copy your address.
Go back to Coinbase, click on “Pay” on the left menu, and choose Bitcoin on your list of assets.
A recipient field will display, paste your BTC address. To be on the safe side, ensure that the address on the recipient field matches what you copied from your clipboard.
Click “Continue” to transfer the BTC to your MEXC address.
After following all these steps, Coinbase might ask for your confirmation with your phone or password.
The transfer might take a little while to get into your MEXC account.
Usually, it takes about 20 – 30 minutes to transfer the Bitcoin to your MEXC wallet. It can take longer in busy times.
Come back to your MEXC account and access your exchange wallets to check if the funds have arrived. If not, there’s nothing to worry about. It simply means the blockchain network is still verifying your transaction.
To view your balance, MEXC will update it automatically. However, you will be notified by email about your transaction.
At this stage, you’re one process away from buying SCY.
4. Trade Bitcoin for Synchrony (SCY)
On MEXC, go to spot trading, you will see a string of fluctuating figures.
On the right column, you’ll see a search bar.
Select BTC since you’re trading Bitcoin with an altcoin.
After clicking on Bitcoin, type in “SCY“, you should see SCY/BTC, select it, and you’ll now see its price chart in the middle of the page.
Below the chart, you’ll see a box indicating “Buy SCY“.
Click the inside of the box to select the market tab. That’s the simplest way to buy orders.
After selecting the market tab, input your preferred amount or click the percentage buttons to determine the quantity of your deposit you desire to purchase.
Once you’ve confirmed your order, click on “Buy SCY” to finalize your purchase.
You are now a proud investor in Synchrony (SCY)!
Create an Account on Gate.io
Gate.io is a popular crypto exchange that was established in the U.S.A in 2017. Due to its American origin, American investors or traders have access to Gate.io to trade.
The platform even encourages American investors to register and transact on the exchange.
Gate.io is available in both English and Chinese versions, the latter has been key in attracting Chinese investors.
The selling point of this crypto exchange is its vast compilation of tradeable pairs. You can also see the majority of the new altcoins on this exchange. Gate.io is renowned for its massive trading volume.
It comfortably ranks among the top 20 crypto exchanges with the most significant trading volume. Gate.io’s daily trading volume caps at $100m.
The ten most popular trading pairs on the platform responsible for most of the platform’s trading volume have USDT as one-half of the pair.
In summary, the platform’s large list of trading pairs and its exceptional liquidity are its major attractions.
Click “Sign Up” on the top right.
Create an account by entering your username, email address, and password (strong passwords for security).
On this crypto exchange, you’ll also be required to establish 2 Factor Authentication for extra security on your account.
3. Transfer BTC From Coinbase to Gate.io
The exchange policy may require you to undergo another KYC process that may range from half an hour to a few days in duration. Despite being lengthy, the KYC process is easy to execute.
After completing the KYC process, you’ll be given complete access to your Gate.io wallet.
If this is your first time making a crypto deposit, the deposit portal may appear intimidating, but don’t worry because it’s easier than a bank transfer.
You will see a “WALLET” option on the top menu, hover the mouse cursor over it, then click on “Deposit“.
Search for “Bitcoin“, a long string of numbers and letters will appear – this is your Bitcoin deposit address.
Copy the address and save it somewhere safe, you are going to need it soon.
Note: You should recheck if you selected Bitcoin only because if you send coins to the wrong wallet by mistake, they will get destroyed.
To transfer your Bitcoin from Coinbase to your Gate.io wallet, copy your address.
Go back to Coinbase, click on “Pay” on the left menu, and choose Bitcoin on your list of assets.
A recipient field will display, paste your BTC address. To be on the safe side, ensure that the address on the recipient field matches what you copied from your clipboard.
Click “Continue” to transfer the BTC to your Gate.io address.
After following all these steps, Coinbase might ask for your confirmation with your phone or password.
The transfer might take a little while to get into your Gate.io account.
Usually, it takes about 20 – 30 minutes to transfer the Bitcoin to your Gate.io wallet. It can take longer in busy times.
Come back to your Gate.io account and access your exchange wallets to check if the funds have arrived. If not, there’s nothing to worry about. It simply means the blockchain network is still verifying your transaction.
To view your balance, Gate.io will update it automatically. However, you will be notified by email about your transaction.
At this stage, you’re one process away from buying SCY.
4. Trade Bitcoin for Synchrony (SCY)
On Gate.io, go to spot trading, you will see a string of fluctuating figures.
On the left column, you’ll see a search bar.
Select BTC since you’re trading Bitcoin with an altcoin.
After clicking on Bitcoin, type in “SCY“, you should see SCY/BTC, select it, and you’ll now see its price chart in the middle of the page.
There are two ways you can buy coins:
“Limit” order option: you can set the price at which you want to buy SCY.
“Market” option: fills out your order at the best price automatically.
If you want to buy SCY when it reaches a certain price, use the Limit order.
Enter the price you desire (in BTC) and the amount of SCY you want to purchase, then click the Buy SCY button.
If you want to buy SCY at the latest price, click on the Market tab, then enter the amount of SCY you wish to purchase. The order should be done almost instantly, and the coins will be added to your Gate.io balance soon.
You are now a proud investor in Synchrony (SCY)!
Best Synchrony (SCY) Hardware Wallets
Cryptocurrency transactions are one of the most popular things on hacker’s radars.
The best option to save your cryptocurrency is to put it in wallets.
Wallet | Features | Rating | Price |
Ledger  | It is a hardware wallet with high security and a 5-star rating. It costs around $65, supports ERC20 and multiple coins, and has fantastic reviews – this is the best option to go for. | ||
Trezor  | Trezor also happens to be a hardware wallet with high-tech security. It is rated at 4.5 stars. Trezor supports ERC20 and multiple coins. It costs around $97. It is an excellent option to go for. | ||
Keepkey  | Keepkey is a hardware wallet with the utmost security and supports ERC20 and multiple coins. You have to pay $129 for Keepkey Wallet. It has a 3.5-star rating. This is an excellent option to go for, but Trezor and Ledger are better in terms of expense and security. | ||
Coinomi  | Coinomi is a software wallet that is compatible with Android, iOs, Windows, Linux, and macOS. It also supports ERC20 and multiple coins. This wallet is free of cost and has a 3-star rating if, in case it’s difficult for you to carry a hardware wallet, you can simply go for Coinomi. |
Keeping your Cryptocurrency safe is very important. You have to look at it from all perspectives.
We all are aware of the frauds which are taking place these days. The hackers have reached a level where only exceptions can stop them. People have developed all possible means of stealing.
Talking about purchasing crypto, there are a number of advantages of investing in crypto-currency.
The asset transfers have become much more manageable, the transactions are confidential, you simply hold ownership of the currency, they give access to credit, and at last, they come with strong security.
Keep your hard-earned coins safe!
Best VPN For Crypto Trading
NordVPN
Cryptocurrency is decentralized by default, and because of this, users are completely responsible for securing their assets.
Although using a physical wallet helps you secure your assets in a safe place, using an encrypted virtual private network connection while trading your assets makes it more difficult for cyber predators to intercept your data digitally.
This is very important if you’re trading with public WiFi. NordVPN is easily on the list of the best paid virtual private networks. It’s strongly advised that you don’t use free VPN services because your data may be sniffed in return for the free service they are offering you.
Also, NordVPN has been in business for almost 10 years. It provides military-grade encryption, and you can even choose to restrict access from malicious sites and advertisements using their CyberSec feature.
With NordVPN, you have a vast number of servers (more than 5,000) in more than 60 countries worldwide to connect to. This VPN ensures that your connection to these servers is secure and hitch-free.
There is no limit or restriction on data or bandwidth. This also means that you can utilize the service in ordinary routines such as downloading large-sized files or streaming videos online.
It’s also crazy-cheap, and it’s considered among the most affordable VPNs on the market.
It goes for just $3.49 monthly.
Frequently Asked Questions
Can I Buy SCY With PayPal?
You cannot directly buy SCY using PayPal at this time. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for SCY by using a cryptocurrency platform like Binance.
Can I Buy SCY With Cash?
You cannot directly buy SCY with cash. Even if some ATMs support SCY, they are less than 1% of all cryptocurrency ATMs.
If you want to buy SCY with cash, you will have to buy Bitcoin first and then exchange bitcoins for SCY using a platform like Binance.
Can I Buy SCY With Bitcoin?
Yes, you can buy SCY with BTC easily by using Binance to exchange Bitcoins for SCY.
Can I Buy SCY With Ethereum?
Yes, you can buy SCY with ETH by using a platform like Binance to exchange Ethereum for SCY.
What Is The Best Payment Method To Use?
The cheapest way to do it is to buy BTC with your bank and exchange BTC for SCY.
The fastest way is to buy it with a credit card, but the fees are higher.
How Can I Secure SCY Once I Purchase It?
The best way is to store your SCY in a secure wallet. Don’t leave your SCY on an exchange, they may be at risk if the exchange platform or your account get hacked.
How Can I Sell Synchrony (SCY)?
Find a good platform to exchange your SCY to other cryptocurrencies. If you want to exchange it to regular currency, trade your SCY for Bitcoin and exchange BTC into euro, dollars or any other currencies.
Can I Mine Synchrony?
No, SCY can’t be mined.
Get more info on SCY coin here.
Synchrony Price Prediction and Price Movement
According to the most recent data, SCY current price is $0.011096 and is now rated #2988 in the entire crypto ecosystem, with a circulation supply of not available and a market cap of not available.
Synchrony price has risen 116.96% in the last 24 hours, thanks to an increase in trading volume and market cap.
SCY has recently shown promising potential, and now may be an ideal moment to invest.
While its market capitalization is still considered small, the price of SCY can be quite volatile when compared to those with a larger market cap during strong market changes.
However, with consistent growth over the last 7 days, Synchrony has the potential to grow even further and produce some very nice gains.
Please keep in mind that this analysis is only based on Synchrony historical price movements and is not intended to be financial advice. Traders should always conduct their own research and be careful when investing in cryptocurrency.
Read more on SCY price prediction/forecast here.
