Synthetix Network Token Price (SNX) 1,90€ 2,39 %
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About Synthetix Network Token
Synthetix is a decentralized finance blockchain platform based on Ethereum, which facilitates the creation of synthetic securities that aim to expand the use cases of cryptocurrencies. This protocol gives users access to synthetic assets, which they can interact with as if they were a native representation of them, but within a fully decentralized marketplace. SNX, the Synthetix utility token, is used for staking or as collateral within the protocol.
Frequently Asked Questions
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You can buy Synthetix (SNX) on our Bit2Me platform and to do so all you have to do is create an account with us, choose the payment platform to use and tell us the amount of tokens to buy, we take care of the rest.
Thus, once you have acquired your SNX you will have the ability to:
- Use SNX tokens for the creation of synthetics within the platform.
- Perform staking and receive rewards for it.
- Participate in liquidity pools, liquidity mining and yield farming strategies using the SNX token.
- Gain voting and governance power within the Synthetix protocol and help build the Synthetix protocol.
- Make collateralized crypto loans with which you can receive profits.
- Participate in other DeFi protocols (e.g., Uniswap or Curve) and use SNX tokens for their liquidity pools in exchange for rewards and interest.
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