Siacoin (SC) is the payment token of Sia, a decentralised storage network that has been live since 2015. Hosts rent out spare disk space and are paid in SC, and in 2026 Sia added a consumer app with 50 GB free. SC trades at about 10 paise a coin and is small and volatile, so the risks get their own section below.
This guide will cover what the token is, how you can buy it, and all the considerations.
Sia is a marketplace where renters buy storage from independent hosts. Files are encrypted, split into pieces and spread across many hosts, and cryptographic proofs check that hosts still hold the data, as Mudrex’s Siacoin analysis explains.
Sia has moved on from its early days. The v2 hardfork activated on 6 June 2025 and split the software into renterd and hostd (two foundational backend software components, daemons, developed by the Sia Foundation to power the decentralized Sia storage network) and walletd (their official desktop app).
In 2026 the Sia Foundation, a non-profit, rolled out Sia Storage, an app that needs no crypto knowledge.
| Metric | Early October 2026 |
| SC price | About $0.001 (₹0.10 on Mudrex, at press time) |
| Market cap | About $50 to $57 million (roughly ₹480 to ₹550 crore) |
| Circulating supply | About 50 to 56 billion SC; no stated maximum |
| 24-hour trading volume | About $1 to $3.5 million, depending on the provider |
| All-time high | About $0.1117 (January 2018) |
Check our live SC/INR converter for more info.
Yes. The Supreme Court struck down the RBI’s banking restriction on crypto in 2020, though crypto is not legal tender and gains are taxed as virtual digital assets. Exchanges serving Indian users are expected to register with FIU-IND and verify users.
Before getting into how to buy Siacoin in India, choose the platform. A secure crypto exchange has FIU-IND registration, a clear fee schedule and an easy route back to INR. Where can I buy SC in India? The best way to buy Siacoin in India for most people is a registered exchange that takes rupees directly.
On Mudrex, SC is available for spot trading with an SC/INR trading pair, so you can buy Siacoin directly. That is how to buy Siacoin with INR without a USDT step.
Here is how to buy SC in India step by step on Mudrex:
If you are still deciding how to buy Siacoin in India without timing the market, a crypto SIP buys fixed amounts daily, weekly or monthly from ₹100. That spreads out your timing; it does nothing about volatility.
You can buy Siacoin for ₹100. The cost side of how to buy Siacoin in India is small but not zero. From Mudrex’s fee schedule:
If you are working out how to buy Siacoin in India on a small budget, the token price will look odd. Mudrex’s converter showed about ₹0.10 per SC on 7 October, so ₹100 buys roughly 980 SC.
On Mudrex’s data the rate is up about 19% over the past month and down about 47% over the year.
A low price per coin says little; supply matters more. With about 56 billion SC circulating, $0.01 per coin would mean a market cap near $560 million (56 billion × $0.01), roughly ten times today’s. Check liquidity and the spread before ordering.
Supporters point to a network that has run since 2015, the v2 upgrade, the consumer app and an active grants programme. Critics point to adoption against large cloud providers and rival decentralised storage networks, and to supply: SC has no stated maximum, so new coins keep entering circulation.
SC is about 99% below its January 2018 high of roughly $0.1117, and its market cap of around $50 million means a modest order can move the price.
Anyone weighing how to buy Siacoin in India should read this section before step one. As with any crypto investing, put in only what you can afford to lose entirely.
Once you know how to buy Siacoin in India, storage is the next decision. Leaving SC on the exchange is simpler for small amounts, but the exchange holds the keys. A self-custody crypto wallet gives you the keys and the job of backing up your recovery phrase; lose it and the funds are gone.
SC lives on Sia’s own blockchain, so it needs a Sia-compatible wallet and address format; sending it to an address from another network can mean permanent loss. If you plan to withdraw, confirm SC withdrawals are supported and allow for the 2% fee, which on a small balance often costs more than it protects.
Tax is the part of how to buy Siacoin in India that most guides skip. The structure has not changed:
For transfers from 1 April 2026 these provisions sit under the Income-tax Act, 2025; check the Income Tax Department’s portal for current section numbers. Mudrex’s guides to filing crypto taxes and the 2026 reporting rules cover the rest. This is general information, not tax advice.
If you have weighed the risks, you can buy SC in India on Mudrex with UPI from ₹100. Now that you know how to buy Siacoin in India, start with an amount you would not miss.
How can I buy Siacoin in India? Complete KYC on an FIU-IND registered exchange, add INR by UPI or bank transfer, search for SC and place an order.
Where can I buy SC with INR? On Indian exchanges that list SC against INR, including Mudrex.
What is the minimum amount needed to buy Siacoin? ₹100 on Mudrex. You do not need a whole coin; ₹100 buys roughly 980 SC.
Do I need KYC to buy SC in India? Yes. Registered exchanges must verify your identity before you can trade.
What fees apply when buying Siacoin? A 0.45% spot fee at the base tier plus 18% GST, nothing on INR deposits or withdrawals, and 2% (minimum $0.5) on crypto withdrawals to an outside wallet.
How do I store SC after buying it? Keep it on the exchange, or move it to a Sia-compatible wallet where you hold the keys, using the right address format.
Cryptocurrency investments are subject to high market volatility and risk of loss. Small-cap tokens such as Siacoin can lose most of their value quickly. This article is for educational purposes only and is not financial advice. Please consult a qualified financial advisor before making investment decisions.
