SNX/USDT: Convert and Swap Synthetix Network Token (SNX) to Tether (USDT)
1 Synthetix Network Token equals 2.84 Tether
Last update: 12:07 PM, June 2, 2024
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The current SNX to USDT conversion rate is 2.84. Inversely, this means that if you convert 1 USDT you will get 0.35 SNX.
The conversion rate of SNX/USDT has increased by 0.98% in the last hour and shrunk by 2.63% in the last 24 hours.
Overview
About Synthetix Network Token (SNX)
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
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About Tether (USDT)
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
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Tether (USDT)
£88.00B