Convert Synthetix Network Token SNX to Wrapped Bitcoin WBTC
SNX to WBTC: 1 Synthetix Network Token converts to 0.00000514 WBTC as of July 5 at 8:32 PM
About SNX and WBTC
Synthetix Network Token is climbing, while Wrapped Bitcoin is falling this week. The current SNX to WBTC conversion rate is 0.00000514. Inversely, this means that if you convert 1 WBTC you will get 194,562.12 SNX. The conversion rate of SNX/WBTC has increased by 0.91% in the last hour (WBTC/SNX decreased by 0.91%). In the last 24 hours, SNX/WBTC grew by 0.25%, while WBTC/SNX shrunk by the same amount.
The exchange rate of Synthetix Network Token is increasing. The current value of 1 SNX is 0.00000514 WBTC. In other words, to buy 5 Synthetix Network Token, it would cost you 0.00002570 WBTC. Inversely, 1 WBTC would allow you to trade for 194,562.12 SNX while 50 WBTC would convert to 9,728,105.86 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.93%. Meanwhile, in the last 24 hours, the rate has changed by 0.39%, and that the highest exchange rate of 1 SNX to WBTC was 0.00000523 WBTC and the lowest 24 hour value was 1 SNX for 0.00000509 WBTC. Last month, 1 SNX was worth 0.00000634 WBTC. Today, it's down 23.28%. Looking back a year, Synthetix Network Token has changed by 0.000028 WBTC. That means that in a single year, the value of Synthetix Network Token has shrank by 452.15%.
Synthetix Network Token Market Stats
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Conversion tables
SNX to WBTC values from Today at 8:32 pm
0.5 SNX = 0.00000257 WBTC |
1 SNX = 0.00000514 WBTC |
5 SNX = 0.000026 WBTC |
10 SNX = 0.000051 WBTC |
50 SNX = 0.000257 WBTC |
100 SNX = 0.000514 WBTC |
500 SNX = 0.0026 WBTC |
1,000 SNX = 0.0051 WBTC |
WBTC to SNX values from Today at 8:32 pm
0.5 WBTC = 97,281.06 SNX |
1 WBTC = 194,562.12 SNX |
5 WBTC = 972,810.59 SNX |
10 WBTC = 1,945,621.17 SNX |
50 WBTC = 9,728,105.86 SNX |
100 WBTC = 19,456,211.72 SNX |
500 WBTC = 97,281,058.58 SNX |
1,000 WBTC = 194,562,117.16 SNX |
SNX to WBTC over time
SNX | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 SNX | 0.00000257 WBTC | 0.00000256 WBTC | 0.00000317 WBTC | 0.000014 WBTC |
1 SNX | 0.00000514 WBTC | 0.00000512 WBTC | 0.00000634 WBTC | 0.000028 WBTC |
5 SNX | 0.000026 WBTC | 0.000026 WBTC | 0.000032 WBTC | 0.000142 WBTC |
10 SNX | 0.000051 WBTC | 0.000051 WBTC | 0.000063 WBTC | 0.000284 WBTC |
50 SNX | 0.000257 WBTC | 0.000256 WBTC | 0.000317 WBTC | 0.0014 WBTC |
100 SNX | 0.000514 WBTC | 0.000512 WBTC | 0.000634 WBTC | 0.0028 WBTC |
500 SNX | 0.0026 WBTC | 0.0026 WBTC | 0.0032 WBTC | 0.0142 WBTC |
1,000 SNX | 0.0051 WBTC | 0.0051 WBTC | 0.0063 WBTC | 0.0284 WBTC |
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Frequently asked questions
How much is 1 Synthetix Network Token in USD?
Right now, 1 Synthetix Network Token is worth about $0.56.
How much SNX could I buy for 1 USD?
Based on the current rate, you could get 1.8 SNX for 1 USD.
How much has the price of Synthetix Network Token changed?
Synthetix Network Token price has been on the rise. Since yesterday, the exchange rate of Synthetix Network Token has increased. Since last month, the exchange rate of Synthetix Network Token has decreased. Since this time last year, the price of Synthetix Network Token has decreased.
How do I calculate or convert SNX to USD?
You can use our SNX to USD calculator at the top of this page to convert any amount of SNX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 9.01 SNX. Inversely, 5 SNX will cost about $2.78
How can I buy 1 Synthetix Network Token on Coinbase?
Synthetix Network Token is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Synthetix Network Token.
What are assets similar to Synthetix Network Token that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Synthetix Network Token, including Aave SNX V2, Ravencoin, and WEMIX. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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