Purchasing Syscoin with Blockmarket Desktop 3.0

BlockchainFoundry
3 min readJun 28, 2018

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For first-time use instructions, please start with the Using Blockmarket Desktop 3.0 for the first time.

Blockmarket Desktop 3.0 has a unique funding mechanism to easily purchase Syscoin. When you first start Blockmarket without having Syscoin, a friendly message invites you to fund your wallet in order to use all of Blockmarket’s innovative features. Blockmarket Desktop 3.0 is the quickest and most convenient way to purchase Syscoin. However, if you would like to use a Cryptocurrency exchange to purchase Syscoin, please refer to the “Exchanges” section here.

Click on the green “Fund Wallet” button, near the middle of top of the screen.

The Green Fund Wallet Button lets you purchase Syscoin directly in the application.

The Funding Manager will appear requiring you to select the “destination”. If this is the first time you are using Blockmarket, then the destination will be a randomly generated Syscoin address. If you have already purchased an Alias, then you can select which Alias you would like your coins to be sent to. Select the “Funding Currency”. You can purchase Syscoin with up to 32 different cryptocurrencies. Select the “amount”. This is the amount of the cryptocurrency you previously selected (Keep in mind the required “minimum amount” varies between the exchange and cryptocurrency selected.). Select the “Provider”. Currently, you have the choice between two cryptocurrency providers, Changelly or Flyp.Me.

Click on the purple “Request Funding” button when you have filled in all the fields.

In this example, we have selected to purchase Syscoin, using 0.05 Ethereum through Changelly.

You are now ready to send your payment. A QR code is provided for mobile application payments, or you can double-click on the payment address, right-click, and select copy to then paste it where you are making your payment from.

0xb92a1872945e6245dc78c6b5c664c0184b0bd4ee is the payment address for this purchase. Simply send your coins to the address that appears in the Funding Manager to purchase Syscoin.

In this example, we are using the wallet from a popular cryptocurrency exchange, Bittrex. We are sending Ethereum to purchase Syscoin. As you can see, we have entered the amount of Ethereum required for the purchase plus the transaction fee that the exchange charges. Always make sure to include the transaction fee in addition to the amount you would like to send.

Now, send the amount of coins you have selected from the wallet of your choice.

The Funding Manager will take a few minutes to change status once you have sent your coins.The first status is “exchanging”, the second is “sending” and the last is “finished.” Once your transaction is “finished” your coins will appear in the Alias or address you selected.

“Exchanging” status.
“Sending” status.
“Finished” status.

Need help? Join the Syscoin Slack #help channel for troubleshooting support. If you aren’t on the Syscoin Slack yet, follow instructions at http://join.syscoin.org

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