Where to Buy Synthetix in the UK – Learn How To Synthetix Today in 2022

Kane Pepi

Last Updated: 30, May 2022

Fact Checked by Gary McFarlane

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Synthetix is a growing cryptocurrency protocol that facilitates easy and reliable decentralized trading. In simple terms, this platform allows you to mint synthetic representations of real-world assets that track the value of said security one-for-one. This way, you can trade cryptocurrencies, equities, or even commodities.

If you are new to digital currencies and want to learn more about SNX tokens, this beginner’s guide explains how to buy Synthetix in the UK in a safe and risk-averse manner.

#1 Broker to Buy Synthetix UK – eToro

1

Min Deposit$50

Mobile AppYes

• Invest in a wide range of cryptocurrencies
• Ability to copy more experienced investors and their decisions
• eToro crypto wallet included which makes it beginner-friendly

0% CommissionVisit WebsiteOur score 10

More InfoClose More Info

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

Offer Terms

CySEC Regulatedno

IFSC Regulatedno

FCA Regulatedno

Where to Buy Synthetix in the UK – List of Brokers to Buy Synthetix UK

SNX is an ERC-20 token that powers the Synthetix ecosystem. To buy Synthetix in the UK, you will have to go through an online provider that supports this digital asset.

Here are the best cryptocurrency platforms you can consider for making the purchase.

1. eToro – Overall Best Place to Buy Synthetix UK
2. Gemini – Trusted Exchange to Buy and Sell Synthetix in the UK
3. Capital.com – Utilize Leverage on Synthetix Trades (Professional Clients Only)
4. Kraken – Great Place to Buy Synthetix in the UK for Pro Investors
5. Coinbase – Best Synthetix Broker in the UK for Beginners
6. Binance – Large Exchange to Buy Synthetix for Asset Diversification
7. Crypto.com – Reputable Platform to Buy Synthetix in the UK
8. Gate.io – Secure Platform to Invest in 1,000+ Cryptocurrencies
   
9. Bitstamp – Long-Established Platform to Buy Synthetix in the UK
10. BitYard – Buy Synthetix in the UK with USDT

This guide offers in-depth reviews of each of the above Synthetix trading platforms shortly.

How to Buy Synthetix in the UK – A Quick Guide

If this is your first time accessing the cryptocurrency space, you might not know how to buy Synthetix in the UK.

So, here is an overview of the investment process with FCA-regulated broker eToro.

• Step 1: Open an Account on eToro –  To sign up on eToro, visit the broker’s website and find the ‘Join Now’ button. Proceed to enter your personal details and create a username and password to protect your account.
• Step 2: Upload ID – In order to buy Synthetix in the UK with fiat currency, you will need to provide eToro with supporting documents verifying your identity, like a copy of your passport or driver’s license.
• Step 3: Add Funds – You can now deposit funds into your eToro account by connecting a payment method. You can use a debit/credit card, e-wallet, or initiate a bank transfer.
• Step 4: Search for Synthetix – With your account funded, you can find Synthetix on eToro using the search bar.
• Step 5: Buy Synthetix UK – Once you click on the ‘Trade’ button, the order box will load up, and you can enter the amount you want to allocate to Synthetix.

Once your order is confirmed, eToro will proceed to execute your purchase. You can then find the SNX tokens in your portfolio.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Where to Buy Synthetix in the UK – Full Broker Reviews

Since Synthetix is a very popular digital asset, you can buy it on most cryptocurrency platforms. However, that does not mean that you should choose the first provider that you come across.

Instead, you should carefully assess metrics surrounding safety, fees, and features offered, in order to decide which broker is the best match for your needs.

Below we have included detailed reviews of the top ten cryptocurrency platforms that allow you to buy Synthetix in the UK.

1. eToro – Overall Best Place to Buy Synthetix in the UK

As we mentioned above, the safety of your funds should be one of your top priorities when you choose a cryptocurrency platform. And on that front, eToro is perhaps the best choice out there, not least because this broker is regulated by not one, but four highly reputable financial authorities. This includes the FCA in the UK, SEC in the US, ASIC in Australia, and CySEC in Cyprus. In short, you can buy Synthetix in the UK via eToro without worrying about the provider’s credibility.

eToro comes with an interface that is intuitive and easy to use, even for those with no prior experience with cryptocurrencies. You will find a large library of tutorials and other educational materials that allow you to learn about digital assets and other investments without much difficulty.

Moreover, to get started on this platform, you only need to make a deposit of $10, which is around £7. In addition to this, eToro also lets you buy Synthetix on a spread-only basis, starting from a competitive rate of 0.75%.

When buying Synthetix via eToro, you can choose to make an instant purchase using a debit/credit card, or an e-wallet like PayPal or Skrill. It is also possible to set up a bank transfer, but you will be looking at a waiting period of 1-3 days for the transaction to clear. That being said, no matter how you decide to pay for your Synthetix purchase, the deposit fee is always set at just 0.5%.

After funding your eToro account, you can directly head over to buy Synthetix, starting from a trade size of $10 (around £7). Since eToro also has a digital wallet, you can securely store your SNX tokens on the platform. This also makes it easy for you to sell your Synthetix investment when the time comes. Another advantage is that eToro supports not only cryptocurrencies but also other assets, including stocks, ETFs, indices, commodities, and forex.

The broker also facilitates social trading, allowing you to interact with other investors. For instance, its Copy Trading tool gives you the opportunity to mirror the trades placed by top-earners on the platform – but in your account. eToro also gives you access to managed portfolios, starting from a minimum stake of $200 (about £140). These features allow you to take a passive approach towards investing and to easily diversify your portfolio.

Pros

Cons

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Gemini – Trusted Exchange to Buy and Sell Synthetix in the UK

Gemini is another popular cryptocurrency platform that appeals to both casual and seasoned investors. The exchange allows you to buy Synthetix in the UK directly using British pounds. While bank transfers are processed for free,  Gemini charges 3.49% for debit/credit card purchases. In addition to this, you will also have to pay a commission fee, depending on the size of your order. Needless to say, this pricing structure is somewhat pricey.

On the other hand, if you are a professional investor, you might prefer to use Gemini’s advanced trading platform ActiveTrader, which follows a maker-taker fee structure. This exchange is also worth considering if you want to earn rewards on your SNX tokens. By staking Synthetix on Gemini, you can earn interest of 1.77% APY. Moreover, Gemini also comes with a digital wallet to ensure the safe storage of your cryptocurrencies.

With over 7 million registered users, Capital.com is one of the most trusted platforms in the cryptocurrency space. This provider lists more than 6,000 markets, spanning stocks, indices, commodities, and more. However, one crucial thing you need to be aware of is that Capital.com offers CFDs. These are financial instruments that track the value of an underlying asset. In other words, if you trade Synthetix in the UK via CFDs, you will not be able to take ownership of SNX tokens, but can only speculate on their future price movements.

That being said, only professional clients have access to cryptocurrency CFDs in the UK. This is primarily because of the high risk associated with this instrument. So, if you are an experienced investor, then Capital.com might be a good fit for you. Aside from being licensed by the FCA, this broker is also regulated by ASIC, CySEC, and NBRB. Moreover, Capital.com charges no-deposit fees and has a zero-commission policy. The minimum deposit is set at £20 for debit/credit cards and e-wallets, and £250 for bank transfers.

Pros

Cons

at eToro, the UK’s #1 Broker

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider

4. Kraken – Great Place to Buy Synthetix in the UK for Pro Investors

Kraken offers you access to a wide range of digital assets through its beginner-friendly platform, including Synthetix. The exchange has several educational guides and videos for newcomers to learn about cryptocurrency trading. To make things easier, Kraken supports both credit and debit cards to let you buy Synthetix in the UK instantly. However, this will set you back a fee of 3.75%.

There is also the option to purchase SNX tokens via a bank transfer, but, as imaginable, the transaction can take longer to complete. Above all, in order to access these options, you need to verify your identity and upgrade your account to the Intermediate or Pro level. However, you can still get started on the platform without KYC, and buy Synthetix in exchange for BTC or ETH. In this case, fees start from 0.26%, which you can lower further by increasing your trading volume.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Coinbase – Best Synthetix Broker in the UK for Beginners

Coinbase is a well-known name in the cryptocurrency arena. Since its launch in 2012, the platform has attracted over 73 million users from across 100 countries. Whether you are a beginner or an advanced trader, Coinbase adapts to your needs. It also allows you to buy Synthetix in the UK by funding your account in British pounds via a bank transfer, which will cost you 1.49% in standard trading commission.

Instant Buy is also available through debit card payments. However, Coinbase charges 3.99% for this service, which is pretty steep when considering the likes of eToro require just 0.5%. That being said, there is a reason why Coinbase stands out in the cryptocurrency space. Not only can you store your digital assets in the Coinbase wallet, but you can also stake them to earn rewards. And notably, Coinbase is approved as an e-money service by the FCA, making it a secure platform to buy Synthetix in the UK.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Binance – Large Exchange to Buy Synthetix for Asset Diversification

Although Binance was originally launched as an exchange, today, it has grown to become an entire cryptocurrency ecosystem that promotes blockchain projects and other related services. And as such, needless to say, Binance presents you with multiple ways to buy Synthetix in the UK. The easiest would be to use your debit or credit card to purchase SNX tokens directly. However, since this feature is facilitated through third parties, fees can go as high as 10%.

Alternatively, if you choose to buy Synthetix in exchange for another cryptocurrency – such as BTC, BNB, BUSD, or USDT – fees will only amount to 0.1% per slide. Looking past investment costs, Binance is suitable for both newbies and experienced traders alike. It has a sophisticated trading platform that supports margin trading and derivatives. You can also use Binance to stake Synthetix and earn 1% APY on your tokens.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider

7. Crypto.com – Reputable Platform to Buy Synthetix in the UK

Crypto.com is a mobile-focused cryptocurrency exchange that supports over 250 digital assets, which includes a variety of altcoins and DeFi tokens. The platform lets you buy Synthetix in the UK directly using your debit or credit card through its mobile app. This will incur transaction charges of 2.99%. On the other hand, if you are swapping USDT for SNX coins, you do not have to pay any fees at all. This can be a convenient option for those who already hold USDT in their wallet.

If you already know how cryptocurrency trading works, you can also use Crypto.com to engage in spot trading of SNX/USDT, or speculate using SNX/USD perpetual contracts. The exchange provides you with an advanced trading interface, along with a bevy of analytical tools and indicators. In addition to this, Crypto.com also offers discounted fees for those holding its native token, CRO. You can also store your SNX coins within the in-built DeFi wallet and even stake them for rewards.

Pros

Cons

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Gate.io – Secure Platform to Invest in 1,000+ Cryptocurrencies

Gate.io is another renowned cryptocurrency platform that allows you to buy Synthetix in the UK at market value, or trade SNX-crypto pairs in the short term. The interface is effortless to navigate and has several educational features to help beginners. That said, Gate.io is also suitable for advanced traders, since it supports not only spot trading but also derivatives, including futures and ETFs.

Coming to the question of how to buy Synthetix in the UK via Gate.io, you can choose to make an instant purchase using a debit or credit card. However, bear in mind that this facility is offered through third parties such as MoonPay, and the fees can be pretty high, even up to 30%. You can also choose to exchange USDT for SNX, and in this case, you will be charged 0.2% per slide – which you can lower by increasing your trading volume.

Pros

Cons 

at eToro, the UK’s #1 Broker

68% of retail investor accounts lose money when trading CFDs with this provider.

9. Bitstamp – Long-Established Platform to Buy Synthetix in the UK

Bitstamp started as a Bitcoin exchange in 2011 and soon became a popular cryptocurrency platform among traders. However, it wasn’t until 2013 that Bitstamp began offering its services in the UK market. This provider lists over 50 digital assets and comes with an advanced trading interface integrated with several tools for professionals. As such, using Bitstamp to trade SNX tokens might be a bit challenging for beginners.

That being said, Bitstamp indeed facilitates instant cryptocurrency purchases with credit/debit cards. However, if you want to buy Synthetix in the UK this way, Bitstamp charges a flat fee of 5%. You can also deposit funds into your Bitstamp account through a bank wire, and then pay for SNX tokens – which will bring down the charge to 0.5%. The platform also supports staking; however, this feature is currently not available for Synthetix.

Pros

10. BitYard – Buy Synthetix in the UK With Fiat Gateway

Finally, we have BitYard, a prominent platform that gives UK customers straightforward access to the cryptocurrency markets. It is friendly enough for newbies but does not compromise on the high-end features often sought after by seasoned professionals. For instance, if you are a newcomer, BitYard provides you with tools like Copy Trading and allows you to easily buy Synthetix directly with British pounds. At the same time, advanced traders can also speculate on the price movements of SNX tokens through futures.

When looking to buy Synthetix in the UK via BitYard, you can use the Fiat Gateway feature and purchase SNX tokens via third parties like Banxa. The catch is that you will have to go through a KYC process since you will be paying for Synthetix using British pounds. You can skip this step and get your hands on Synthetix coins by converting from another cryptocurrency you already own (such as USDT or BTC). And in this case, you will only be charged 0.1% – 0.15% in fees depending on the pair.

Pros

Step 1: Open an eToro Account

Opening your brokerage account on eToro can be done in a matter of minutes. You can head over to the eToro homepage and find the ‘Join Now’ button to begin the registration process.

When the sign-up box pops up, fill out the form by typing in your name, email address, and phone number. You can then click on the ‘Create Account’ button to go to the next step.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Provide ID

After creating your eToro account, you need to go through a KYC (Know Your Customer) process. This only means that you will need to submit a couple of documents that verify your identity.

First, you need to upload a copy of a government-issued ID, which can be your passport or driver’s license. eToro will also require you to confirm your residency, for which you can provide a recently issued utility bill or bank statement.

Step 3: Add Funds

To complete the account setup process, you will have to add some funds. First and foremost, eToro requires only an initial deposit of $10, which is about £7. To process the payment, you can use your debit card, credit card, bank account, or an e-wallet like PayPal or Neteller.

If you are looking to buy Synthetix in the UK right away, the easiest option would be to use your debit or credit card. Additionally, bear in mind that as this cryptocurrency broker operates in US dollars, you will need to pay a small exchange fee of 0.5% when funding your account with British pounds.

Step 4: Search for Synthetix

eToro supports over 40 cryptocurrencies on its platform. Since you already know that you want to buy Synthetix in the UK, you can simply search for the digital asset, as in the image below.

Click on the ‘Trade’ button as the result loads up to go to the Synthetix investment page.

Step 5: Buy Synthetix UK

The last step is to set up a buy order for Synthetix. This means that you are telling eToro how much you want to stake on this digital asset.

You can do this by entering how much money you want to invest in the ‘Amount’ box. You can then tap on the ‘Open Trade’ button to buy Synthetix in the UK.

eToro will then execute your order and add your newly-purchased SNX tokens to your portfolio.

Buy Synthetix – Best Place to Buy Synthetix in the UK

The internet is swamped with platforms that promise to give you easy entry into the cryptocurrency market in a low-cost manner. However, in order to decide which is the best place to buy Synthetix in the UK, you should know what kind of providers are out there, and how they differ.

Buy Synthetix From a Cryptocurrency Broker

A cryptocurrency broker essentially operates like a share dealing platform. In simple terms, it executes your purchases and sales on your behalf.

• The best broker we came across in this space is eToro, a provider that holds regulatory licenses from four tier-one financial authorities, including the FCA.
• Moreover, you can also access multiple payment methods to fund your Synthetix purchases.

Crucially, what this means for investors is that you will be able to buy Synthetix in the UK without having to worry about the safety of your funds.

Buy Synthetix From a Cryptocurrency Exchange

A cryptocurrency exchange, on the other hand, functions as a marketplace between buyers and sellers of digital assets. Some of these platforms charge low fees and even allow you to buy Synthetix in the UK without requiring you to go through any identity verification process. However, this is because the lion’s share of exchanges are unregulated.

To put it differently, there is no financial authority that holds these platforms responsible for their actions. This can lead to less transparency and a lack of credibility.

That is not to say that there are no legitimate exchanges, but it can be challenging even for experienced investors to separate the good from the bad. Therefore, we suggest that it is safer to choose a trustworthy broker like eToro, which is regulated by the FCA.

Ways to Buy Synthetix in the UK

When thinking about how to buy Synthetix in the UK, you should also think about how you are going to pay for your tokens. This is crucial, because no two platforms are the same, and as such, you will need to make sure that your chosen cryptocurrency provider accepts your preferred payment method before you sign up.

Buy Synthetix in the UK With Debit Card

Using a debit card is certainly the fastest way to buy Synthetix in the UK and several cryptocurrency brokers that we came across support this payment option for this digital token. However, this might come with high fees depending on the provider.

For instance, eToro lets you buy Synthetix with debit cards at just 0.5%, whereas on Binance, fees can go as high as 10%.

Buy Synthetix with Debit Card Now

Buy Synthetix in the UK With Credit Card

A credit card is another convenient option for UK customers. However, before you proceed to opt for this method to buy Synthetix, you should check for the costs involved. It is common for credit card companies to charge a cash advance fee of between 3 to 5% when processing payments to online investment platforms.

Buy Synthetix With Credit Card Now

Buy Synthetix With Paypal

Many cryptocurrency platforms also accept payments via e-wallets like PayPal, which can be a suitable option for those looking to buy Synthetix in the UK instantly. Brokers such as eToro also support funding via Neteller and Skrill.

Buy Synthetix With PayPal Now

Buy Synthetix With Bitcoin

Cryptocurrency exchanges also allow you to buy Synthetix in the UK in return for another digital asset such as Bitcoin, or USDT.  To do this, you can first deposit your BTC coins into your chosen exchange and then perform the swap. This can come with a few advantages, such as lower fees, and even the option to skip the KYC process.

Buy Synthetix Now

Why Buy Synthetix?

Before you elect to buy Synthetix in the UK, you should also understand what factors drive the value of this cryptocurrency. Additionally, you should also educate yourself about the risks involved, such as volatility and broader market conditions.

In this section of our guide, we have included a few points that will give you a better idea of what Synthetix is and whether or not it is a good match for your investment portfolio.

What is Synthetix?

Synthetic is a DeFi protocol that lets anyone trade derivatives in the decentralized space. To put it in simpler terms, this platform issues tokens called ‘Synths’ that represent the real-world value of an asset.

• For instance, suppose that you want to buy Tesla shares.
• But you do not have any means to directly purchase Tesla shares (for reasons such as regulatory challenges or location).
• In this case, you can go to Synthetix, collateralize SNX tokens and receive a Synth that tracks the value of the Tesla stock – sTSLA.
• You can then trade these Synths on supported decentralized platforms.

Currently, Synthetix is issuing Synths for many real-world assets, including but not limited to Bitcoin, Ethereum, Binance Coin, stocks, and even commodities such as gold, oil, and silver.

Benefits of Synthetix

By allowing you to mine Synths, Synthetix not only solves the problem of accessibility but also tackles some of the other many other issues faced by decentralized exchanges. To facilitate Synth trades, the network has set up its own DEX named Kwenta.

Since the platform does not require any counterparties to facilitate trades between two Synths, there won’t be any issues regarding liquidity or slippage.

In addition to this, Synths also permit its holders to short-sell their assets, meaning, you can speculate on the falling prices of a stock or commodity, which is not possible when you own the actual security. This is done by minting Inverse Synths, such as iTSLA (for Tesla).

Moreover, users may also prefer Synths because there is no need to complete the KYC process to trade on this platform. This put Synthetix at an advantage when compared to traditional financial brokers.

Synthetix Use Cases

In most cases, when you invest in a cryptocurrency, you can either trade the coins in the short term or hold them for years, hoping to make capital gains. However, SNX tokens are capable of a few more things.

For instance:

• As we mentioned earlier, you can use SNX tokens as collateral on the Synthetix platform to mint Synths.
• In addition to this, you can also stake SNX tokens on Synthetix to earn rewards.
• SNX stakers are also eligible to receive additional returns from trading fees charged by the Synthetix platform.
• When Synths are traded on an exchange, it incurs charges of 0.3%. This is then collected, and distributed to those staking SNX in proportion to the amount staked.
• SNX token holders also get a say in the governance of the protocol.

Combined, all these factors might lead to a rise in demand for SNX tokens in the near future. If that happens, the value of the digital asset will also increase, giving investors a good reason to buy Synthetix in the UK.

The Cost of Buying Synthetix

Now that you know everything about how to buy Synthetix in the UK, let us tell you about the fees you should be aware of when making the investment. Below, we discuss the most common types of charges and commissions associated with purchasing SNX tokens via cryptocurrency platforms.

Deposit Fees

When using a cryptocurrency broker to buy Synthetix in the UK, you will have to pay a deposit fee when funding your account.

Let us give you some examples of the disparity between platforms when it comes to deposit fees:

• On Coinbase, you will be charged 3.99% when paying for SNX tokens with your debit/credit card. This means that if you make a deposit of £1,000, you will have to pay £39.90 in fees.
• On the other hand, if you choose eToro, the deposit fee is only 0.5% for debit/credit card purchases in British pounds. In other words, for the very same £100, the charge would be only £0.50.

Moreover, eToro charges the same deposit fee of 0.5% for all supported payment methods – offering you a highly competitive pricing structure.

Instant Buy

Many cryptocurrency platforms allow you to buy Synthetix in the UK instantly with debit or credit cards, without having to make a deposit into your account via a bank transfer.

While this is certainly convenient, fees can vary drastically based on the broker. For instance, Bitstamp charges you 5%, whereas, on eToro, you are liable to pay only 0.5%.

Commissions

Commissions can also vary by a country mile, depending on the cryptocurrency platform you choose and how you buy Synthetix.

For instance:

• Capital.com lets you access Synthetix CFDs without charging you any commission.
• Similarly, eToro allows you to buy Synthetix on a spread-only basis, starting from 0.75%.
• On the other hand, Coinbase levies a standard commission of 1.49%.

As evident, the difference in price structure can significantly impact the costs involved in making a cryptocurrency investment. Therefore, this is one fee that you should check out when buying Synthetix in the UK.

How to Sell Synthetix in the UK

Once you complete your purchase of Synthetix, you can move the tokens to your wallet, or hold them on your chosen cryptocurrency platform. For example, if you are using eToro, you can not only buy Synthetix in the UK cost-effectively, but you can store SNX tokens in the provider’s in-built wallet for free.

In this case, you can follow the steps below to sell your Synthetix coins.

• On eToro, you simply need to navigate your portfolio, find Synthetix and click on the ‘Sell’ button.
• You can then confirm the sell order and eToro will add the proceeds to your account balance – which you can withdraw at your convenience.

However, if you had moved your SNX tokens to a private wallet, you will have to move the Synthetix coins to your chosen platform before you can sell them. This might incur a deposit fee, depending on the provider.

Moreover, some cryptocurrency exchanges might not allow you to cash out Synthetix for British pounds directly. So, you will have to exchange them for BTC or USDT first.

How & Where to Buy Synthetix in the UK – Conclusion

In this guide on how to buy Synthetix in the UK, we have laid out a few reasons for you to consider this digital asset for your portfolio. We have also reviewed the best Synthetix platforms that give you easy access to this cryptocurrency.

Although the likes of Coinbase, Gemini, and Binance are great choices, we found that eToro stands out as the overall top cryptocurrency broker in the UK.

Not only is eToro an FCA-regulated broker, but it also allows you to buy Synthetix from just $10 (about £7). Moreover, you only have to pay the spread when purchasing SNX tokens via this platform. In addition to this, you have multiple payment methods at your disposal, all of which come at a low fee of just 0.5%.

1

Min Deposit$50

Mobile AppYes

• Invest in a wide range of cryptocurrencies
• Ability to copy more experienced investors and their decisions
• eToro crypto wallet included which makes it beginner-friendly

0% CommissionVisit WebsiteOur score 10

More InfoClose More Info

Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

Offer Terms

CySEC Regulatedno

IFSC Regulatedno

FCA Regulatedno

FAQs

How to buy Synthetix in the UK?

The first step is to find a reliable cryptocurrency provider that supports SNX tokens and offers competitive fees. You can then create an account with the platform, and choose your preferred payment method to buy Synthetix in the UK. 

Where to buy Synthetix in the UK?

We found eToro to be the best place to buy Synthetix in the UK. This broker is regulated by the FCA, offers low fees, and gives you access to multiple payment methods.   

Is Synthetix a good investment?

Synthetix is a popular cryptocurrency with several notable applications and use cases. However, it is also inherently volatile. As such, we urge you to study the market first before you risk any money on this digital asset.

Is Synthetix safe to invest in?

It is safe to invest in Synthetix as long as you are aware of the risks involved and choose a regulated broker like eToro to make the investment.

How to sell Synthetix?

If you have stored your SNX tokens in your brokerage portfolio, you will be able to cash out directly from your account. If not, you will first have to move your Synthetix coins from your private wallet to your chosen platform and then sell them.

 

About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.

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