Kraken
snx

Sell
Synthetix

Cash out of Synthetix with flexible funding options

How to sell Synthetix

1

Create your free Kraken account

Verify your details to get started

2

Send SNX to your Kraken account

Deposit SNX in your secure Kraken account

3

Sell Synthetix instantly

Enjoy ultra-fast SNX transactions & withdraws

snx
Kraken

In the past 24 hours, Kraken clients traded 286,209 SNX worth $1,213,527.

Why sell Synthetix with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Transactions are instant

Instant transactions & withdrawals

Flexible funding options

Flexible withdrawal options

Kraken level security

World-class
security

Take advantage of our flexible payment options to sell Synthetix using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

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.

What can you do with Synthetix?

Before you sell your Synthetix, learn more about the different ways you can put your Synthetix to work with Kraken.


Stake

Stake Synthetix

Earn rewards with Synthetix

Trade for NFTs

Trade Synthetix for NFTs

Collect & trade NFTs

Trade OTC

Trade Synthetix OTC

High volume Synthetix orders

Trade futures

Trade Synthetix futures

95+ perpetual futures

API trading

Synthetix API trading

Automate your trades

Swap Synthetix for other assets

Explore the most popular Synthetix trading pairs on Kraken before you swap Synthetix for cash, stablecoins or other digital assets.


Synthetix FAQ


Can I sell Synthetix for USD?

Yes, you can buy and sell Synthetix using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Synthetix.

How do I convert Synthetix to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Synthetix. Once you convert your Synthetix to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Synthetix taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Synthetix worth right now in USD?

At the current Synthetix price, one SNX is worth $4.24. Kraken makes it easy to sell Synthetix for USD in minutes.

How do I get my money after selling Synthetix?

After you sell your Synthetix using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Synthetix instantly?

Yes, it only takes a few moments to buy and sell Synthetix after you connect your funding method.

Learn more about Synthetix


  1. What are the fees for selling Synthetix?


  2. Which cryptocurrencies can I sell on Kraken?


  3. What is a Synthetix ATM?


  4. Where can I sell Synthetix?


  5. Should I sell Synthetix now?


Browse more crypto selling guides

With so many assets to choose from, deciding which crypto to sell can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at our most popular guides below.


btc

The pioneering cryptocurrency, celebrated for its truly decentralized nature and fixed supply. Bitcoin revolutionizes the world of finance with its digital gold-like properties and secure blockchain technology.

eth

Ethereum (ETH) is a leading blockchain platform that empowers developers to create decentralized applications and smart contracts, driving innovation in the world of digital finance and beyond.

usdt

The USDT stablecoin offers stability to the volatile cryptocurrency market by pegging the value of each USDT token to one US dollar. Tether's goal is to provide traders with a secure haven for preserving their USD value and to facilitate seamless trading and transactions.

xrp

XRP is designed for efficient cross-border payments and remittances, with a focus on speed and cost-effectiveness. XRP aims to serve as a bridge currency in the world of international finance.

ada

Cardano is a blockchain platform renowned for its sustainability and scalability, fostering a decentralized ecosystem for smart contracts and decentralized applications (dApps). It primarily focuses on peer-reviewed academic research and community-driven development.

doge

Dogecoin, a cryptocurrency born from an internet meme, is known for its friendly and fun-loving community. While initially created as a joke, Dogecoin offers fast and low-cost transactions making it an ideal tipping cryptocurrency.