Synthetix

SNX

$0.2535

+4.65%

Synthetix price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy Synthetix with iDEAL or Wero

Buy Synthetix easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Synthetix?

Buying Synthetix through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Synthetix: Go to the Synthetix page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Synthetix appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Synthetix margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Synthetix on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Synthetix

Answers auto-summarised from live price and sentiment data for Synthetix.

Synthetix is a decentralized finance (DeFi) protocol that enables the creation and trading of synthetic assets. These synthetic assets, or 'Synths', track the value of real-world assets like fiat currencies, commodities, and cryptocurrencies, all on the blockchain.

The current price of SNX is $0.2130.

SNX has experienced a price change of +0.17% in the last 24 hours.

The all-time high for SNX is $26.40.

Synthetix has a market capitalization of $123,725,561.07 and is currently ranked {{market_cap_rank}}.

The recent news sentiment for SNX is neutral (unknown).

While Synthetix aims for decentralized governance, significant positive or negative news can sometimes influence investor sentiment and, consequently, impact SNX's price. However, market dynamics are complex and influenced by many factors.

Last refreshed:

Sentiment history SNX

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: —).

About Synthetix

Synthetix is a decentralized protocol on the Ethereum blockchain enabling the creation and trading of "synthetic assets" (synths). Its objective is to integrate a diverse range of assets, including fiat currencies, commodities, and equities, into the crypto ecosystem without requiring direct ownership of the underlying assets. Founded in 2017 by Kain Warwick, Synthetix employs a unique mechanism built upon collateralization and oracles. Users stake SNX tokens as collateral to mint new synths. Decentralized oracles provide real-time, accurate price feeds for these synths, facilitating decentralized trading across a broad spectrum of assets.

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