Synthetix Price Reaches $4.76 on Exchanges (SNX)

Synthetix (SNX) traded 10.2% higher against the US dollar during the 24 hour period ending at 19:00 PM E.T. on March 11th. Synthetix has a market capitalization of $1.46 billion and $106.17 million worth of Synthetix was traded on exchanges in the last day. One Synthetix coin can now be bought for $4.76 or 0.00006594 BTC on major exchanges. During the last seven days, Synthetix has traded 8% higher against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded up 4.1% against the dollar and now trades at $0.48 or 0.00000658 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 2.3% against the dollar and now trades at $0.0133 or 0.00000018 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0102 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synthetix Coin Profile

Synthetix was first traded on March 11th, 2018. Synthetix’s total supply is 328,193,104 coins and its circulating supply is 306,283,091 coins. The Reddit community for Synthetix is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. Synthetix’s official message board is research.synthetix.io. Synthetix’s official website is www.synthetix.io. Synthetix’s official Twitter account is @synthetix_io and its Facebook page is accessible here.

According to CryptoCompare, “Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on Ethereum. It allows the creation and trading of synthetic assets collateralized by SNX, used for hedging, gaining exposure to diverse assets, and trading on the price movements of real-world assets. SNX stakers are incentivized to contribute to the network and capture fees generated from Synth exchanges, which determine the value of the SNX token.”

Buying and Selling Synthetix

It is usually not presently possible to purchase alternative cryptocurrencies such as Synthetix directly using US dollars. Investors seeking to trade Synthetix should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Synthetix using one of the exchanges listed above.

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