Buy Synthetix in Australia (SNX)
How to buy Synthetix in Australia
Register, deposit and buy in 5 minutes.
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1. Create account
Securely create your personal, SMSF or business account and verify your identity.
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2. Deposit funds
You can instantly deposit funds 24/7 via bank transfer, PayPal or credit card.
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3. Buy Synthetix (SNX)
Enter the Australian dollar amount you want to trade for SNX and click “Buy”.
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Buy and sell crypto
You have simple and advanced ways to buy and sell Synthetix. Trade using the order book, website, mobile app or the API.
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Portfolio tracking
Track your portfolio in real-time using the web portal or on your mobile app.
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Dollar-cost averaging
Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).
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Multi-currency trading
Buy and sell Synthetix and other popular cryptocurrencies with AUD, NZD, or USD.
Buy Synthetix and manage your portfolio on the go
Buy and sell Synthetix (SNX) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
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What is Synthetix (SNX)?
Synthetix (SNX) is a liquidity protocol for derivatives on Ethereum that enables both the issuance and trading of synthetic assets. Each synthetic asset, otherwise known as a Synth, is an ERC20 token that tracks the price of the asset it is based on using an oracle. As an example, sUSD which is a Synth of a US Dollar will track the price of the US dollar.
There are a wide variety of Synths that exist which are built on the Synthetix protocol including cryptocurrencies, fiat currencies, commodities and indexes.
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Register, deposit and trade in 5 minutes.