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How to buy Synthetix in the UK
Learn how to buy Synthetix on Kraken’s crypto platform. Create your free account and connect a funding method to buy over cryptocurrencies including SNX. Kraken makes it quick and easy to get started.
In the past 24 hours, Kraken clients bought 170,830 SNX worth £84,883.
Why buy Synthetix with Kraken in the UK?
Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy Synthetix with a credit card, debit card, bank transfer, and more.
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About Synthetix
Synthetix is an alternative way to invest in fiat currencies, cryptocurrencies and commodities. Synthetix is a decentralized protocol built on Ethereum that allows users to gain exposure to assets (cryptocurrencies, gold, stocks) without actually holding the underlying resource. These synthetic assets (Synths) are backed by the platform's cryptocurrency, Synthetix Network Token (SNX), which is staked as collateral in order to generate rewards.
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Swap Synthetix for other assets
After you buy Synthetix, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Synthetix trading pairs so you can move in and out of the market with ease.
Crypto Asset General Risks
- Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
- Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
- Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
- Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
- Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.
Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
If you want to learn more about specific risks related to Synthetix Network Token, please visit our crypto asset statements page.
Learn more about Synthetix
How does Synthetix work?
Where can I buy Synthetix?
How much does 1 Synthetix cost?
Can I buy $100 worth of Synthetix?
Is it safe to buy Synthetix?
Is Synthetix available to buy and sell in my country?
Is Synthetix a good investment?
Can I purchase Synthetix using my local currency?
How much is Synthetix transaction fee?
What is the minimum amount of Synthetix I can buy?
How to buy Synthetix with PayPal?
How to buy Synthetix with a debit card?
How to buy Synthetix with a credit card?
How to buy Synthetix with other cryptocurrencies?
Can I transfer Synthetix from Kraken to my crypto wallet?
Is it safe to keep Synthetix on Kraken?
What is the current circulating supply of Synthetix?
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Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Synthetix. Check out some of the top trading pairs on Kraken today.
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