Synthetix Price Hits $1.30 on Top Exchanges (SNX)

Synthetix (SNX) traded 1.1% lower against the dollar during the twenty-four hour period ending at 0:00 AM E.T. on November 3rd. One Synthetix coin can currently be bought for about $1.30 or 0.00001887 BTC on exchanges. In the last seven days, Synthetix has traded down 5.4% against the dollar. Synthetix has a market capitalization of $427.35 million and approximately $21.88 million worth of Synthetix was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.1% higher against the dollar and now trades at $69,173.78 or 1.00139922 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $68,987.33 or 0.99870000 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synthetix Profile

Synthetix launched on March 11th, 2018. Synthetix’s total supply is 328,193,104 coins and its circulating supply is 327,769,196 coins. Synthetix’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official message board for Synthetix is research.synthetix.io. The Reddit community for Synthetix is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. The official website for Synthetix is www.synthetix.io.

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.”

Synthetix Coin Trading

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

SNX/USD price chart by TradingView