How to Buy Synapse (SYN)

Price of Synapse (24h)$0.7390386374702569

Interested in buying Synapse (SYN) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Synapse (SYN) instantly wherever you are! Check out all the ways you can buy SYN on KuCoin.

Buy Synapse (SYN) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Synapse (SYN)

Use a variety of payment options to buy Synapse on KuCoin. We'll show you how.

Choose How You Want to Buy Synapse on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Synapse (SYN).

Buy Synapse (SYN) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Synapse (SYN). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Synapse (SYN) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Synapse (SYN).

Tip: KuCoin offers a variety of order types to buy Synapse (SYN) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Synapse (SYN) in your Trading Account.

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How to Store Synapse (SYN)

The best way to store Synapse (SYN) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Synapse (SYN).

Store Synapse in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Synapse in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Synapse (SYN) to a non-custodial wallet. Storing Synapse (SYN) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Synapse (SYN) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Synapse (SYN).

What Can You Do with Synapse (SYN) on KuCoin?

Hold

Store your Synapse (SYN) in your KuCoin account.

Trade

Trade Synapse (SYN) in the spot and futures markets.

Earn

Earn passive income by staking or lending Synapse (SYN).

Why Is KuCoin the Best Platform to Buy Synapse (SYN)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Synapse and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Synapse (SYN) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain SYN in an instant when you buy on KuCoin.

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FAQ

Is Synapse Crypto a Good Investment?

The SYN token could be a good investment to include in your crypto portfolio, especially if you believe in the potential of DeFi and blockchain interoperability. One of the most significant factors to mainstream DeFi is interoperability and cross-chain communication. These features can make DeFi protocols more scalable, liquid, and suited to real-world commercial applications.

The Synapse price could head higher as the protocol adds support for more blockchains and tokens. This could increase liquidity and make the platform more appealing to DeFi users.

The SYN price could also benefit from improved market sentiment toward cryptocurrencies, particularly DeFi. Such sentiments could spur higher interest among investors in the token, boosting the SYN price statistics.

What Is the SYN Coin Price Prediction?

Although offering an accurate Synapse crypto price prediction is impossible, you can pay attention to several fundamentals that drive significant price action and volatility in the SYN token. These include:

Level of Adoption

As more developers and users sign up to access cross-chain communication capabilities through the Synapse protocol, the demand for its native token could increase. This could drive up the value of SYN crypto and make it more attractive to invest in and hold.

New Integrations and Features

When the developers introduce new features or launch bridges to more blockchain networks in the future, investor confidence in the SYN coin picks up. This would make the crypto more appealing to investors, sending the Synapse price and market cap upwards.

Market Outlook

A favorable market outlook towards digital assets in general and their mainstream adoption, especially the DeFi sector, would be especially beneficial to the Synapse token. In addition, a bullish or risk-on mood among investors could increase buying activity in the market, supporting the Synapse token price. However, a risk-averse or bearish sentiment could result in sell-offs that could weaken the price of SYN token.

How to Use SYN Token

$SYN is the native utility token of the Synapse protocol. It has the following use cases:

Incentive Token

SYN is used to provide incentives for liquidity providers on the Synapse protocol. Users who deposit their tokens in Synapse’s liquidity pools receive rewards in the form of $SYN crypto.

Governance Token

SYN token holders enjoy voting rights and can participate in community governance. They can vote on smart contract upgrades proposals, DAO treasury expenditures, and more.

Native Currency

$SYN is also used to pay transaction fees when using the Synapse network. SYN is the native currency used to pay when performing swaps, using the Synapse bridge, etc.

Crypto Asset to Trade and HODL

Trade Synapse against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell SYN against other crypto assets in the market or hold it long-term if you believe in the future potential of the Synapse protocol. Review the current price of Synapse, SYN current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the SYN price chart before trading Synapse in the market.

How to Earn SYN Crypto Via Staking

Staking on the Synapse protocol is a convenient option to grow your crypto holdings. You can stake your LP tokens after providing liquidity to the protocol and earn SYN as an incentive. Here’s how to do this:

1. Visit the Synapse dApp and connect your wallet to its interface. Provide liquidity on the platform to earn LP tokens on your chosen network.

2. Head to the Stake section of the app and review the available pools to stake your LP tokens.

3. Input the number of LP tokens you wish to stake. Select Max if you want to stake all your tokens in the pool.

4. Click on Stake to confirm the transaction.

5. Sit back, earn rewards in SYN, and grow your SYN holdings by staking on Synapse.

How Many Synapse Tokens Are There?

The max supply of SYN has been set at 250,000,000. Of these, the SYN circulating supply stands at just under 140,000,000 as of March 2023. The supply of SYN tokens could change based on the level of activity on the Synapse platform, community discussions, and governance votes in the future.

Synapse (SYN) Price Analysis

Live Price

The live price of SYN is 0.7193 USD, representing a decrease of -19.39% in the past 7 days and -3.64% decrease in the past 24 hours.

Historical Trends

The all-time high of SYN was 5.01 USD on 10-23, 2021, from which the coin is now down -85.65%.
The all-time low of SYN was 0.2683 USD, from which the coin is now up 62.69%.

ATL$ 0.2683

ATH$ 5.01

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Disclaimer

Given the nature of the crypto market, the price of Synapse (SYN) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.