Synthetix (SNX) is the native token of a DeFi protocol that enables the creation of synthetic assets ("Synths") on the blockchain. These Synths mirror the value of real assets such as currencies or commodities. SNX tokens are staked as collateral to secure the liquidity of the system. Investors who stake their coins (outside the BISON app) are rewarded with a share of the trading fees.
Trading: Buying, Selling & Savings Plan
Trading: You can buy and sell SNX at the current rate. In addition, limit and stop orders are available to you.
Savings Plan: Yes, this coin is available for setting up an automatic crypto savings plan.
Transactions: Deposits and Withdrawals
Deposit: No
Withdrawal: Yes
Please use only the wallet addresses currently displayed by BISON. You can find these under “Account” -> "Withdraw" -> "Withdraw cryptocurrencies". Here you can select the desired cryptocurrency and display the respective wallet address for your withdrawal.
Important details: All important information about the supported network, the correct address format, and the respective minimum amounts for SNX can be found in our central overview: Which address formats are supported by BISON for each cryptocurrency?