What is Synthetix? Synthetix Network is a decentralized finance protocol that brings traditional financial transactions to the cryptographic world. It aimed to adapt traditional finance such as equities and national currencies to decentralized finance. The system called ‘Synths’ allows cryptocurrencies to be traded. SNX Coin is a native cryptocurrency of the Synthenix platform.
What is Synthetix?
The aim of the project is to grow its ecosystem with non-blockchain-based cryptocurrencies by creating a stronger financial system. Synthetix protocol also acts as a liquidity provider. Thus, in the Ethereum network, exchanges can be made with currencies, stocks and real money, as well as cryptocurrencies belonging to other blockchains.
It may be one of the crypto money projects that can shape the future. SNX Coin is an Ethereum Blockchain based cryptocurrency. According to current data, the price of 1 SNX Coin is 58.36 TL. SNX Coin has gained 0.55% in the last 24 hours. With the current exchange rate, it is equivalent to 3.96 USD. According to the CoinMarketCap ranking, it is in the 121st place in the crypto money markets. Also, the 24-hour trading volume of SNX Coin is TL 1,116,888,729. Its circulating supply is 114,841,533 SNX Coins while its maximum max tier supply is 212,424,133 SNX Coins.
SNX Coin benefits:
- SNX Coin holders can earn passive income by staking.
- Investors can also use Metamask and internal ETH wallets in browsers that support Web 3.0.
- Used to trade stocks, real money and precious metals.
- It is one of the most preferred and reliable DeFi projects.
SNX Coin disadvantages:
Like every cryptocurrency, it has high volatility. Therefore, SNX Coin is affected by sudden price fluctuations. It is a risky investment choice.
What is Synthetix? How to Get SNX Coin?
- SNX Coin is listed on popular and trading volume exchanges such as Binance, Bitget, Hotcoin Global, OKX.
- First of all, enter any exchange platform where the above mentioned SNX Coin is listed. Then enter the free account creation page.
- Create your account after entering the requested information.
- Complete the authentication process steps completely.
- After the account opening and verification process is completed, transfer money to your account from the deposit menu of the stock exchange with the method that is convenient for you.
- In the last step, enter the exchange tab where SNX Coin is listed. You can easily own SNX Coin at the current price or by entering the amount you want.
