SIA coin how to host files and make money

in #cryptocurrecny7 years ago (edited)

I wrote and article about the cryptocurrency SIA coin and its amazing purposes. Now you need to know how to make money with SIA coin hosting files for anyone who needs such a service.

First you need to download the SIA coin wallet. There wallet is very good. You will start by creating an address. Once you create the address you will need to make sure you save the passphrase. Keep it safe or you will loose everything. Once you have the receive address keep a copy of that as well. There is a strange thing that happens that might scare you when you ask for the receive address again, you get a new address. This is perfectly normal and is a security feature of the coin so don't panic, like I did lol.

Next you will need to buy at least 2000 coins from an exchange. Make sure to buy enough coins to cover the transfer to your wallet and the price of buying from an exchange. I would add an additional 500 coins just to make sure. You can figure that out by the percent charged. After you transfer your coins to your wallet you can start by setting up the folder locations where you will be hosting the files. You can set a price for the hosting in the interface. The interface is really simple and straight forward and easy to use.

After you are all setup you will want to broad cast your folder in order for people to see. This costs you coins as well, not much actually but still a cost. After you broadcast your offer sit back and let the coins come in.

The difference between Bitcoin and SIA ia that SIA is designed to do something with the coins where Bitcoin was just a start to the cryptocurrency. I am not trying to downplay Bitcoin but just trying to show the importance of SIA coin and other like them.

Thanks for reading my thoughts. Please comment, like, and resteem.

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Good article. Exact info I was searching for. Thank you

You are very welcome. I will have more thoughts on crypto currencies soon.

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