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Synthetix Network 101:

Synthetix Network Investor

How to Buy Synthetix (SNX)

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Updated

4 months ago

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Synthetix is the backbone for derivatives trading in DeFi. For those who are unfamiliar derivatives are securities that derive their value from an underlying asset or benchmark. Some examples of common derivatives include options, swaps, and futures contracts. The goal of Synthetix  is to allow anyone, anywhere to gain on-chain exposure to a vast range of assets. To learn more visit our Investing in Synthetix guide.

We list the top 3 exchanges that offer the ability to buy Synthetix (SNX) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

Kraken

Kraken is one of the longstanding names when it comes to cryptocurrency exchanges operating in the industry.

From humble beginnings, they have now gone on to become one of the most recognizable names in the space offering an extensive selection of assets to trade including Synthetix (SNX).

The trading costs are competitive with other exchanges and they have continued to evolve now offering both futures and margin trading.

This is our most recommend exchange for USA investors.

Read our Kraken Review or visit Kraken.

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Synthetix (SNX) here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore, UK & international users. They do not accept USA investors.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Gate.io

Gate.io was established in 2013, while it is not one of the most popular exchanges, they do offer a reputable trading platform with an easy to use interface for beginners while still maintaining robust and advanced charts for various types of skill levels including technical traders. They have a large number of altcoins including Synthetix (SNX).  While we do have some concerns with trustworthiness (please see review) they do have a strong stance against any type of market manipulation.

Read our Gate.io Review or visit Gate.io

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Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

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