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PricesSNX Price

Synthetix

SNX

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Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.

Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading.

Synthetix is a decentralised synthetic asset issuance protocol and trading platform running on the Ethereum blockchain; SNX is the platform’s native coin.

Founded in 2017, Synthetix leverages a smart contract infrastructure to facilitate the creation/exchange of synthetic assets, or “synths.” 

The protocol’s decentralised nature allows traders to gain exposure to everything from fiat currencies to precious metals without ever having to go through a traditional – centralized, toll collecting – financial intermediary.

Synths are the platform’s backbone. They’re ERC-20 tokens pegged to the value of a specific asset to which traders gain exposure but without actually owning the underlying asset. Synths are created (“minted”) via users staking SNX (or ETH) as col

How to buy Synthetix (SNX)

With Uphold, you can set up an account, verify your identity and buy crypto with ease.

Here is how:

1. Go to Uphold.com and click ‘Sign up’

2. Enter your email address, phone number and your personal details

3. Tell us how you plan to use Uphold and provide some basic financial information (e.g., employment status and source of funds)

4. Verify your identity by providing an ID document and taking a ‘selfie’

… and you’re off to the races!

Just start trading.

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