What is Synthetix (SNX)?
Synthetix is an Ethereum-based DeFi protocol that enables the issuance and trading of synthetic assets. Established in 2018 by Kain Warwick, Synthetix is one of the leading DeFi protocols in the crypto market. It was one of the first to introduce non-blockchain assets to the crypto world, making the market more diverse, mature, and complex.
At the time of writing this, the total value locked in Synthetix is $245.7 million.
How Synthetix (SNX) Works
A synthetic asset in Synthetix is called Synth. Since synthetics are inherently derivatives, Synthetix lets users gain exposure to and benefit from the price movement of non-blockchain assets. To generate new synths, users need to deposit ETH or SNX (the native token of Synthetix) as collateral on the platform. The synths can be traded on Kwenta, Synthetix's own DEX, or other DEXes on the Ethereum blockchain.
How Many Synthetix (SNX) Tokens Are in Circulation?
SNX is the native token of Synthetix that is designed for both utility and governance. The maximum supply of SNX is 291,657,310. The circulating supply is 238,500,594.39.
How to Buy Synthetix (SNX)
Consider investing in Synthetix (SNX)? It only takes 2 minutes to create an account on Bitget and start trading SNX.
Check out the available SNX trading pairs on Bitget!
Futures market
Spot market
Synthetix (SNX) Resources
Buy Synthetix in Bulgaria with Bitget
Simple 3-step guide to buying SNX today in Bulgaria
Create your free Bitget account
Select a funding method
Complete your Synthetix purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Synthetix using a payment method of your choice:
Buy Synthetix with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Synthetix order.
How to buy crypto with credit/debit cardBuy Synthetix with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Synthetix is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Synthetix order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Synthetix order.Buy Synthetix with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Synthetix order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Synthetix in your Bitget spot wallet
Bitget—where the world trades Synthetix
How to buy Synthetix for free
- Learn how to earn Synthetix for free through the Learn2Earn promotion
- Earn free Synthetix by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Synthetix airdrops by joining On-going challenges and promotions
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Buy Synthetix in a different country
Bulgaria is a crossroads between Western Europe, the Middle East, and the Mediterranean. Bulgaria is an increasingly popular tourist destination in Europe. Its capital city, Sofia, is one of the oldest cities in Europe. It was an important city during Antiquity, the Roman period, and the Middle Ages. Sofia reveals a great diversity of civilizations and cultures.
Plovdiv, the second largest city in the country, has been inhabited continuously throughout history since the 6th century BC. Today, this modern and bustling city is the administrative, academic, commercial, and traffic center for the south-central region of Bulgaria. Once in Plovdiv, it is possible to attend major events such as music and opera festivals. Plovdiv is a must-see city to visit and is still inexpensive. It is a very dynamic city. The old town, in particular, is worth a visit for its renaissance buildings. Plovdiv is unique and stands out for its ancient culture, its amazing culture, and the beauty of its old town. It also has many nice restaurants and very good sports facilities, which make it an old city with a young atmosphere.
The national currency is the Bulgarian Lev (BGN). Whether you're in Sofia, Plovdiv, Varna, or anywhere in Bulgaria, you can purchase cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.