Best Siacoin Wallets in 2024

Sia is a decentralized cloud storage platform. It leverages blockchain technology to create a robust and affordable data storage marketplace.

Sia encrypts your files and distributes them across the network. The file owner is the only one who keeps the private encryption keys and controls the data. So, every single file is secure, unlike when it is stored on a traditional storage platform where you have to rely on the service provider in matters of file security.

Along with the top security level, you can count on the service affordability. Storing 1TB of data on the Sia blockchain would cost you around 1-2 USD only. You pay using Siacoin for the service. The coin can be purchased on the majority of instant crypto exchange platforms such as LetsExchange or mined.

Where to Store Siacoin?

Siacoin is not a standard ERC-20 token. So, the number of wallets where you can store SC is limited. Here, we have selected the best wallets to store your SC safely and conveniently.

Sia.UI

Sia.UI is an official Siacoin wallet. It is a desktop wallet developed by Nebulous - the team behind the Sia blockchain. You can download the wallet either directly from the official website or from GitLab.

The wallet is compatible with Windows, MacOS, and Linux.

Sia.UI allows you to store your coins or to rent or sell the storage space on the network. The wallet provides you access to your balance, transaction history, and enables you to send your coins to any other Sia user.

It is a full-node wallet which means you need to download the entire blockchain to make it function.

Ledger Nano S Wallet

Ledger Nano S is one of the best hardware wallets in the market. Along with Siacoin, it supports many other cryptocurrencies.

It is a cold wallet. It is not connected to the web which means that your private keys are out of the reach of hackers.

To perform a swap, you need to connect the wallet to your computer.

Ledger Nano S might be complicated for beginners but with some practice, you will enjoy using it.

Sia Android Wallet

Even if the wallet is called Sia Android wallet, it is developed not by the Siacoin team but by a third party. The wallet is the only mobile app for storing Sia that’s why it enjoys popularity among Sia users.

Sia Android wallet is a full-node app. It means that you have to download the entire blockchain to make the wallet work. The storage capacity of the wallet is low. That’s why it is impossible to rent the storage space as it can be done with the majority of other wallets. The wallet is decentralized, all users’ private data and keys are protected.

Sia Cold Storage (A Wallet Generator)

Sia Cold Storage is not a wallet in common sense. It is a wallet generator. It is used to generate seeds and addresses for a Sia wallet. You do not need to download the blockchain to use the utility.

Sia Cold Storage is an offline application. It works on an “air gapping” process. It gives no chance to hackers to steal your funds.

The application can be downloaded for free from GitHub. It allows users to receive and send coins, participate in mining activities, and share the wallet address safely. It can be integrated with Sia.UI wallet to restore the seed code.

The Seacoin team recommends using a clean office computer to download and use Sia Cold Storage. The device shall be free from malware and viruses to ensure top safety for your coins.

Sia Central Lite Wallet

Sia Central Lite is a web interface that can synchronize with full-node wallets and enables you to store your coins safely. It lets you generate three different wallet types: 29-word seed wallets, Watch-only wallets, and Ledger Nano S wallets.

FAQ

How do I get Siacoin on my Trust wallet?

When you are purchasing SC on LetsExchange.io, add your Trust wallet address in the recipient address field. You will receive the purchased coins directly to your wallet.

Can you store Siacoin on Ledger?

Ledger Nano S is already available to store Siacoin.

Is Siacoin a good investment in 2024?

The project is stable and promising. The team is working constantly to implement new functionalities. It is believed that SC might be a promising investment.