How to Buy Synthetix Network Token (SNX) in Anguilla

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

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Synthetix Network Token (SNX) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

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

Once your deposit has been affirmed, you will immediately have access to your funds and you can commence buying and trading. To invest in {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, you will need to put the shortname of the coin (SNX) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “SNX/BTC” to advance.

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

After you've spotted {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of SNX you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of SNX.

When you're satisfied, make a mouse click on “Buy SNX”. Your order will be filled as soon as a Vender sells their SNX for the price you introduced.

Step 5 – Withdraw {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. In order to withdraw your {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} by using the provided drop-down box. Enter the amount of {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You have successfully bought and stored Synthetix Network Token (SNX) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} is stored within your wallet, you are all done.

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