Unlike traditional currencies, Synthetix Network Token is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Synthetix Network Token. This decentralization means the holders and users of Synthetix Network Token can help to maintain the network.
Most find that the easiest and most secure way to purchase Synthetix Network Token is through a reliable cryptocurrency platform like Kraken. While Synthetix Network Token can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Synthetix Network Token.
At the current market rate, it costs $0.47 to purchase one SNX. Kraken makes it easy to buy & sell Synthetix Network Token with confidence.
Yes, Kraken offers a secure and easy to buy C$100 worth of Synthetix Network Token. At its current price, C$100 equals 212.8914 SNX.
Kraken employs advanced security measures, including encryption and account protection, to ensure your Synthetix Network Token purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Synthetix Network Token investment. You should do your own research on Synthetix Network Token price before buying.
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Synthetix Network Token may be a worthwhile purchase.
Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.
Kraken offers competitive fees for Synthetix Network Token transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
You can buy as little as C$10 worth of Synthetix Network Token on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Synthetix Network Token regularly.
To buy Synthetix Network Token with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Synthetix Network Token, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Synthetix Network Token.
You can buy Synthetix Network Token using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
To buy Synthetix Network Token using a credit card issued by a bank in Canada, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.
Kraken makes it easy to buySynthetix Network Token using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Synthetix Network Token. Browse the Synthetix Network Token markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.
Yes, the Synthetix Network Token you buy on Kraken is yours. Kraken makes it easy to withdraw your Synthetix Network Token to any hot wallet or cold wallet that supports Synthetix Network Token. Simply enter the external wallet address and your Synthetix Network Token will be in your wallet a few moments later.
We take every measure possible to keep the Synthetix Network Token you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Synthetix Network Token. Learn more about our globally-recognized security standards.
The current circulating supply of Synthetix Network Token is 343,484,179 SNX.
To fund your account via Interac e-Transfer, you’ll need to initiate a deposit request via the app which will seamlessly guide you through the steps to access and approve using your bank of choice.
Follow these steps to start your crypto journey:
1. Log into your Kraken Account and select the ‘Portfolio’ tab. Here you’ll be able to see the aggregate and individual value of your holdings.
2. Select ‘Deposit’ and then ‘Canadian Dollar’ under the ‘Cash’/’Asset’ option.
3. Choose “Interac e-Transfer” as your deposit method.
4. Enter the amount you would like to deposit. Kraken allows up to C$ 10,000.00 per Interac e-Transfer, however, your banking limits may differ. Select ‘Review’.
5. Confirm the deposit details, including your email address and Kraken account name. If correct, swipe to proceed.
6. You'll be redirected to Interac's financial institution page. Select your bank.
7. Approve the deposit through your bank's app or website.
Your funds will be available within minutes, ready for you to start trading crypto.
