SNX to BTC conversion chart
Synthetix to Bitcoin correlation
According to the correlation analysis, SNX and BTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of SNX then BTC also tends to follow the same pattern and move together.
Live Synthetix Price Change and Market Cap
Currently, the SNX price is 0.000018 BTC. From the Synthetix price chart, we can see that the 24-hour change is -8.20%. The total market capitalization of Synthetix is $1 with a circulation supply of 1.239 SNX. In the previous 24 hours, the Synthetix price hit highs of 0.00001787 BTC and lows of 0.00001687 BTC.
Synthetix Price Prediction
In the SNX price prediction 2022, the price maximum will not exceed this year’s maximum price of $7.7. According to the Synthetix price prediction for 2030, SNX’s price can reach new record highs.
Check out the ChangeHero SNX price prediction article for more info!
SNX to BTC exchange margin
The closing conversion rate for SNX to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 SNX to BTC would result in an output of 0.000018 BTC.
How to convert Synthetix to Bitcoin
Synthetix and Bitcoin comparison
Synthetix is a native utility token of the Synthetix DeFi platform that offers issuing and trading synthetic assets that represent various assets — fiat currencies, stocks, and cryptocurrencies. The SNX token’s main use case is to create synthetic assets with the protocol. Users can buy SNX on multiple exchanges and deposit them into an ERC-20 compatible wallet to stake them and mint Synths.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Synthetix?
Synthetix is a decentralized financial protocol for trading synthetic assets that track the price of real world assets: currencies, stocks, derivatives and indices. In Synthetix, the common denominator that allows trading between all these assets without friction is debt. It is nominated and backed by the SNX tokens. In 2022, the network is going to migrate to Optimism, an Ethereum layer-two scaling protocol. At the moment, Ethereum Synthetix and Optimism Synthetix coexist and are developed with the merger in mind.
Synthetix to Bitcoin price details
SNX to BTC Conversion Rate and Price
At the moment, the conversion rate for 1 SNX equals to 0.000018 BTC. The 24-hour highest price of Synthetix in relation to BTC was 0.00001787 BTC and the lowest was 0.00001687 BTC. In short, the SNX price in relation to BTC changed by -8.20%.
Instantly Exchange SNX to BTC
On ChangeHero you can instantly exchange Synthetix to Bitcoin without signup. You can easily convert SNX to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your SNX to BTC exchange.
SNX to BTC Best Rate Exchange
For the Best Rate exchange of Synthetix to Bitcoin, we search through various exchanges for the SNX to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the SNX is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of SNX to BTC.
SNX to BTC Fixed Rate Conversion
For the Fixed Rate exchange of Synthetix to Bitcoin, ChangeHero finds a good rate for the pair SNX to BTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of SNX to BTC, you will receive the exact amount of BTC shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange SNX to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert SNX to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange SNX to BTC?
No, you do not need an account to swap SNX to BTC on ChangeHero. There will be no registrations for your Synthetix to Bitcoin transaction.
Do I need to go through KYC procedures for SNX to BTC exchange?
There will be no KYC for the SNX to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to SNX?
Yes, you can instantly exchange BTC to SNX on ChangeHero.
Buy and sell Bitcoin
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