Synthetix (SNX)

On December 14 2020 , customers in qualifying countries can send and receive Synthetix (SNX) on Coinbase. On December 15 2020, full trading is available on Coinbase Pro.

What is Synthetix (SNX)? 

Synthetix (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.

What countries support SNX?

For a full list of countries that support SNX, please see our Supported Cryptocurrencies help article. 

Is full trading available for SNX? 

Full trading is available on December 15, 2020.

How many confirmations are needed for SNX?

SNX requires 35 network confirmations. 

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