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Buy Synthetix Network Token (SNX)

SNX

$2.50

24H Change
-7.90%
24H Volume
$28.0M
Global Rank
#129
Market Cap
$539M

Synthetix Network Token Price

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About Synthetix Network Token (SNX)

Derivative liquidity provider SNX ranks #46 in the CoinMarketCap. SNX is an Ethereum-powered crypto token that maintains the synthetix protocol through the collateralisation. When SNX is locked, a contract enables the issuance of synthetic assets called Synths. The pooled collateral model allows platform users to convert between Synths direct with a smart contract. This further offsets reliance on counterparties.

Synthetix was founded in 2017 by Kain Warwick, co-founder and CEO of Blueshift (another Australian company with over 1,250 locations across the country). Blueshift has become the largest crypto payment gateway in Australia, processing tens of millions of dollars in transaction volume. Buy Synthetix Network Token by creating a free trading account with Swyftx. 

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How to Buy Synthetix Network Token (SNX) in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy SNX

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Synthetix Network Token FAQs

  • Synthetix Network Token FAQs
  • Swyftx FAQs

Where is the best place to buy Synthetix Network Token?

The best place to buy Synthetix Network Token is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Synthetix Network Token and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Synthetix Network Token determined?

The price of Synthetix Network Token is determined by the forces of supply and demand in the market. Similar to other assets, the price of Synthetix Network Token is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Synthetix Network Token are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Synthetix Network Token with credit card?

Swyftx does not allow you to directly buy Synthetix Network Token with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Synthetix Network Token instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

SNX Buys and Sells

By number of orders

61% Buy
61%
Buys
39%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.