Buy SNX Now<\/span><\/a><\/div>\nAlways consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/i><\/p>\nHow to Buy Synthetix Network Token\u2014Full Step-by-Step Walkthrough<\/b><\/span><\/h2>\nBeing your first time dealing with a cryptocurrency, the quick guide above might be a little daunting. We understand that, and this is why we provide you with an in-depth guide below. Following these steps closely will offer you a more comprehensive understanding of how to buy Synthetix Network Token.<\/span><\/p>\nStep 1: Get Trust Wallet<\/b><\/span><\/h3>\nAs you have read in the quickfire walkthrough, you need an exchange medium like Pancakeswap to access Synthetix Network Token. Likewise, a cryptocurrency wallet is required to access Pancakeswap. The preferred choice is Trust Wallet. There are many reasons for this choice, one of which is that it has the backing of Binance.<\/span><\/p>\n
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To kickstart the procedure:<\/span><\/p>\n\n- Download via Google Playstore or iOS on your mobile device.<\/span><\/li>\n
- Once you have successfully installed the app, open and create your login credentials.\u00a0<\/span><\/li>\n
- Your login details will contain your PIN and also a 12-word passphrase. This passphrase is essential to recover your account in case you forget your PIN or misplace your phone, so keep it safe.
\n<\/span><\/li>\n<\/ul>\nStep 2: Fund Your Wallet<\/b><\/span><\/h3>\nOnce you are done with the setup process, you will need to fund your wallet to proceed with transactions. You can deposit in the following steps:<\/span><\/p>\nTransfer Digital Assets from Another Wallet<\/b><\/span><\/h4>\nTo go through this process, you need to have cryptocurrencies in an external wallet. Below are the steps to follow:<\/span><\/p>\n\n- Open the Trust Wallet app and click on \u2018Receive.\u2019<\/span><\/li>\n
- Choose the cryptocurrency you want to transfer into the Trust Wallet.\u00a0<\/span><\/li>\n
- You will be given a unique wallet address to receive the cryptocurrency you chose.\u00a0<\/span><\/li>\n
- Copy and paste the address into the external wallet where you have the cryptocurrency.\u00a0<\/span><\/li>\n
- Enter the number of tokens you want to transfer, and confirm the transaction.\u00a0<\/span><\/li>\n<\/ul>\n
After the confirmation, the token should reflect in your Trust Wallet within 20 minutes.\u00a0<\/span><\/p>\nBuy Cryptocurrency with Your Debit\/Credit Card<\/b><\/span><\/h4>\nLikewise, you may not have any cryptocurrency in an external wallet. If you fall into this category, you will need to buy some. The good news is that Trust Wallet allows you to use a debit\/credit card to get that done. Below are the steps:\u00a0<\/span><\/p>\n\n- Find the \u2018Buy\u2019 button at the top of the Trust Wallet app and click on it.\u00a0<\/span><\/li>\n
- It will lead you to a page where you will see the list of tokens you can buy using your debit\/credit card.\u00a0<\/span><\/li>\n
- It\u2019s most advisable to either buy BNB – or any coin that\u2019s just as established.<\/span><\/li>\n
- A Know Your Customer (KYC) process will be required here since you\u2019re using fiat money. All you will need to do is enter some personal details and upload a copy of any government-issued ID.\u00a0<\/span><\/li>\n
- Once the transaction is complete, the coin will reflect in your wallet immediately.<\/span><\/li>\n<\/ul>\n
Step 3: Buy Synthetix Network Token through Pancakeswap<\/b><\/span><\/h3>\nOnce you have the digital assets in your Trust Wallet, your next stop is Pancakeswap. That\u2019s where you get to buy Synthetix Network Token through a direct swap process.\u00a0<\/span><\/p>\n\u00a0Here\u2019s how that works:<\/span><\/p>\n\n- Still, on the Trust Wallet app, click on the \u2018DEX\u2019 button and select \u2018Swap.\u2019<\/span><\/li>\n
- Following, you will see the \u2018You Pay\u2019 tab, where you are to choose the token you want to exchange with.<\/span><\/li>\n
- Enter the token amount.\u00a0<\/span><\/li>\n
- Note that the cryptocurrency you choose to pay with is the one purchased in Step 2.\u00a0<\/span><\/li>\n
- Select \u2018Synthetix Network Token\u2019 from the \u2018You Get\u2019 tab.
<\/span><\/li>\n<\/ul>\nYou will see the Synthetix equivalent to the tokens with which you paid. Proceed by clicking the \u2018Swap\u2019 button. That’s it! You have just bought your Synthetix Network Token using Pancakeswap.\u00a0<\/span><\/p>\nStep 4: Sell Synthetix Network Token<\/b><\/span><\/h3>\nHodling and selling is a crypto strategy for many. This may be your end goal for Synthetix Network Token. To achieve that, you will need to understand how to sell your coin. There are two ways to go about that.<\/span><\/p>\n\n- You can either change Synthetix Network Token into another cryptocurrency, or
\n<\/span><\/li>\n- Sell and earn fiat money in return.\u00a0<\/span><\/li>\n<\/ul>\n
If you want to change your tokens into another cryptocurrency, you can do so using Pancakeswap. However, to sell into fiat money, you will need to use a third-party exchange.\u00a0\u00a0<\/span><\/p>\nWhere to Buy Synthetix Network Token Online<\/b><\/span><\/h2>\nYou won’t have completely learned how to buy Synthetix Network Token if you don’t know the right place for the purchase. Owing to the token\u2019s fast growth and worth, it is listed on several cryptocurrency exchanges. Consequently, you have many options through which you can buy into the project. <\/span><\/p>\nHowever, the existence of several options doesn’t mean they are all right for you. This is why it\u2019s advisable to use Pancakeswap, as the exchange has proved itself valuable. W<\/span>ondering why Pancakeswap is the best? Below are some reasons.<\/span><\/p>\nPancakeswap\u2014Buy Synthetix Network Token through a Decentralized Exchange<\/b><\/span><\/h3>\n
Pancakeswap is a DEX that operates with an impressive security level and yet a simple interface. Launched in late 2020, the exchange has become a household name in the cryptocurrency space. A top benefit of using the platform is that it offers decentralized services, making it possible to simply swap your Synthetix Network Tokens with another digital asset. \u00a0<\/span><\/p>\nAnother advantage Pancakeswap offers is access to new tokens. Additionally, leveraging the deposit features, users can conveniently transfer USDT, BUSD, BTC, from the ETH chain to the BSC chain. The exchange also offers fast services that are ideal for cryptocurrency transactions. A consideration of all these alongside the low operating cost makes Pancakeswap the most suitable option to use.<\/span><\/p>\n
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More so, if you seek to enjoy a private trading experience, Pancakeswap is the right exchange. This is coupled with the fact that it works as an Automated Market Maker (AMM), leveraging liquidity pools and complex algorithms to pair buyers and sellers. The exchange also contains an excellent crop of BEP-20 tokens which are quite rare.<\/span><\/p>\nWhat more? With Pancakeswap, you can earn on your idle coins because of their contribution to the platform\u2019s liquidity pool. To get started, you will need to get a suitable cryptocurrency wallet such as Trust. Next, you can either buy digital assets with your debit card or transfer existing cryptocurrencies from your external wallet. Proceed to Pancakeswap and exchange the digital assets for Synthetix Network Token.<\/span><\/p>\nPros:<\/b>
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