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How to Buy Synthetix Network Token (SNX)

A Step-by-Step-Guide on how to buy Synthetix Network Token (SNX)

Step 1 – Join CEX.io

You'll first need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – {Transmit} Your {Bitcoin or Ethereum} to an {Crypto Trader}

Your {ETH (Ethereum) or BTC (Bitcoin)} {will need} to be sent over to an {Exchange} now. {All exchanges have} a deposit form that is {similar}. Synthetix Network Token (SNX) is {obtainable} on Binance, so {we're going to} use that as an {illustration}. {Not sure} on how to send {funds from Coinbase} to an {Exchange}? ({Follow} {this manual})

Make sure {you have} {selected} the {right} coin you {wish} to deposit.

{BTC} must be sent to a {BTC} deposit address, {ETH} to an {ETH} deposit address, {etc}. {In the case} {you are} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Just follow} {our manual}).

Step 3 – {Locate} Synthetix Network Token (SNX)

{As soon as} your deposit has been {approved}, {you'll} {immediately} have access to your {finances} and you can {commence} {buying} and trading. To {invest in} Synthetix Network Token (SNX) on Binance, {you will} want to {go to} the {”Exchange” tab} and{ then} {mouse click} on “Basic”.

{In order to} {find} Synthetix Network Token (SNX), {you'll} need to {insert} the {short name of the asset} (SNX) into the {search box}, which is {marked} in the {image}. {Make sure you have} {selected} the {right} {pairing}, {we've} {highlighted} this {too}. Click on “SNX/BTC” to {go on}.

{How to buy Coin on Binance 1|Binance How To Buy 1} Synthetix Network Token (SNX)
Step 4 – {Buy} Synthetix Network Token (SNX)

{After} {you have} {discovered} Synthetix Network Token (SNX), {you will} be {presented with} a {Chart with Prices} (in the Center of the {picture}) and {some} Order Books ({Leftside} of the {picture}). {Next} {we're} {going to make} our{ own} Limit Order.

The {”Price” field} will be {filled} with the{ most} {recent} {rate} Synthetix Network Token (SNX) was {traded} for. {You can change this} to your {preferred} {price}. The {field with the “Amount” tag} is the {volumen} of SNX you {wish} to {purchase}. The {”Total” field} is the {total} price in {Bitcoin} that {you will} {settle} for the {complete} {volumen} of SNX.

{If} {you are} {happy}, {make a mouse click} on “Buy SNX”. Your {plan} will be filled {when} a {Seller} {sells} their SNX for the price you {gave}.

Step 5 – Withdraw Synthetix Network Token (SNX)

Unless {you're}{} trading, {never keep your} {crypto coins} on an {Crypto Trader} for an {extended} {time period}. {To} {take off} your Synthetix Network Token (SNX), {go to} the {tab called “Funds”} and {click} on “Withdraw”. Synthetix Network Token (SNX) can be {stored safely} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Synthetix Network Token (SNX) by using the {provided} drop-down box. {Enter} the {amount} of Synthetix Network Token (SNX) {you'd} {wish} to {take off}. {Don't forget} the {demonstrated} {fees/minimums}. Also make sure you have {filled} your {correct} withdraw address.

{When} {you are} {happy}, {make a mouse click on} “Submit”. You {could} be {asked} for {verfication via email/phone} {before} a {take off}.

{Congratulations}! {You have} successfully {bought} and {stored} Synthetix Network Token (SNX).

That's it!

{Take offs} from {Cryptocurrency Exchange} can {take} {anywhere from} 1 – 30 minutes ({rely} on {usage of the network}). {As soon as} {you have} {proved} your {withdrawal} {using} {Etherscan.io or Ethplorer.io} and the Synthetix Network Token (SNX) is {safe} {inside} your wallet, {you are} {all done}.

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