What Is SNX

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Synthetix is a new flavor of decentralized exchange. There are three key differences relative to most other DEXes: 1.Traders trade against pooled community collateral and not any specific counterparty 2.Traders buy and sell synthetic assets, marked to market by offchain oracles 3.Traders have native access to derivatives and investable baskets The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.

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Synthetix Network Token(SNX)Real-Time Price

Track price movements with chart views spanning 1 day, 30 days, 60 days, 90 days, 1 year, and the period since it was listed on Poloniex. View Details

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Synthetix Network Token(SNX)Market Data

Market Cap Ranking: #252

Market Cap: --

Fully Diluted Market Cap: --

Circulation Rate: 99.87%

All-Time High: --

All-Time Low: --

Circulating Supply: 344.51M

Total Supply: 344.93M

Initial Release: 2018-03-15

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Synthetix Network Token (SNX) Price Prediction

Predicted Synthetix Network Token (SNX) Price in 2027

Based on the historical performance of Synthetix Network Token, our prediction tool estimates that the price of Synthetix Network Token (SNX) could reach -- by 2027.

Predicted Synthetix Network Token (SNX) Price in 2032

By 2032, our most recent forecast indicates the price of Synthetix Network Token (SNX) will increase to --, with a price change of +43.23% and a cumulative ROI of approximately +4225.49%.

Trade Synthetix Network Token (SNX)

It's super easy to buy SNX on Poloniex. Simply follow our complete guide to buying Synthetix Network Token with ease.

SNX/USDT
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FAQs

Q How do I create a Poloniex account and complete KYC verification?

ATo create an account, visit the signup page on our official website or download the Poloniex app (iOS/Android). Click "Sign Up," provide your email or phone number, set a password, and verify via the confirmation link or SMS code. After registration, go to "Settings" > "Security," upload your valid ID documentation, and take a selfie to complete KYC verification. This process usually takes 24-48 hours.

Q What payment methods does Poloniex support for buying Synthetix Network Token (SNX)?

APoloniex supports: 1) Credit/debit cards (Visa/MasterCard) for instant purchases of stablecoins (eg. USDT); 2) P2P trading to buy stablecoins (e.g. USDT) from other users via escrow; 3) Bank transfers (fiat deposits) in USD and other fiat currencies (1-3 business days processing); 4) OTC trading for large transactions exceeding $100,000, with custom quotes.

Q What are the fees for buying SNX with a credit/debit card?

ACredit card payment process fees vary depending on the third-party provider, typically ranging from 0.5% to 1.5%. Poloniex does not store any data of your card. After purchasing USDT with your card, you can immediately trade USDT for SNX in the spot market. Standard spot trading fees (as low as 0.05%) apply to the SNX/USDT trade.

Q How do I start P2P trading? How long does it take to receive USDT?

AVisit the P2P trading page, select a seller's ad (e.g. USDT), create a buy order, and pay the seller directly (bank transfer, PayPal, etc.). Once the seller confirms receipt, the USDT will be released from escrow to your wallet. Settlement usually takes 15 minutes to 2 hours, depending on the payment method and the seller's response time.

Q What are the minimum and maximum amounts for buying SNX?

AMinimum and maximum limits vary depending on the purchase method and your verification level. Credit/debit card purchases typically have a minimum limit of $50, with maximums depending on the providers. Most P2P sellers have a minimum purchase requirement of just $10. Bank transfers usually require a minimum deposit of $100. You can check each page for specific limits before proceeding.

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