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
Simple 3-step guide to buying SNX today in Peru
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 Advcash, SEPA, Faster Payments, or PIX payment gateways 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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FAQ
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Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase Synthetix(SNX) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.