SNX to ETC conversion chart
Synthetix to Ethereum Classic correlation
According to the correlation analysis, SNX and ETC have a strong relationship with each other and are correlated. Whenever there is a change in the price of SNX then ETC also tends to follow the same pattern and move together.
Live Synthetix Price Change and Market Cap
Currently, the SNX price is 0.07735 ETC. From the Synthetix price chart, we can see that the 24-hour change is -0.23%. The total market capitalization of Synthetix is $237 with a circulation supply of 240.93 SNX. In the previous 24 hours, the Synthetix price hit highs of 0.07868 ETC and lows of 0.07723 ETC.
Synthetix Price Prediction
In the SNX price prediction 2022, the price maximum will not exceed this year’s maximum price of $7.7. According to the Synthetix price prediction for 2030, SNX’s price can reach new record highs.
Check out the ChangeHero SNX price prediction article for more info!
SNX to ETC exchange margin
The closing conversion rate for SNX to ETC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 SNX to ETC would result in an output of 0.07735 ETC.
How to convert Synthetix to Ethereum Classic
Synthetix and Ethereum Classic comparison
Synthetix is a native utility token of the Synthetix DeFi platform that offers issuing and trading synthetic assets that represent various assets — fiat currencies, stocks, and cryptocurrencies. The SNX token’s main use case is to create synthetic assets with the protocol. Users can buy SNX on multiple exchanges and deposit them into an ERC-20 compatible wallet to stake them and mint Synths.
The infamous DAO hack in the Ethereum blockchain resulted in a loss of millions of dollars in the form of Ether. In an attempt to roll back the mishap and recover the lost ETH, the community decided to perform a hard fork and adopt new rules. A few in the community were against this decision of reverting things in the blockchain as it contradicts the immutable nature of the blockchain. Nevertheless, the hard fork was performed and Ethereum adopted the new rules. But the people who objected to this stuck to the old chain and the chain was renamed as the Ethereum Classic with the ticker ETC. In the history of blockchain, it’s the only hard fork that took place based on ethical values. To this day Ethereum Classic follows the “Code is Law” principle and doesn’t alter the way it works. The chain is also capable of smart contracts and building dApps.
What is Synthetix?
Synthetix is a decentralized financial protocol for trading synthetic assets that track the price of real world assets: currencies, stocks, derivatives and indices. In Synthetix, the common denominator that allows trading between all these assets without friction is debt. It is nominated and backed by the SNX tokens. In 2022, the network is going to migrate to Optimism, an Ethereum layer-two scaling protocol. At the moment, Ethereum Synthetix and Optimism Synthetix coexist and are developed with the merger in mind.
Synthetix to Ethereum Classic price details
SNX to ETC Conversion Rate and Price
At the moment, the conversion rate for 1 SNX equals to 0.07735 ETC. The 24-hour highest price of Synthetix in relation to ETC was 0.07868 ETC and the lowest was 0.07723 ETC. In short, the SNX price in relation to ETC changed by -0.23%.
Instantly Exchange SNX to ETC
On ChangeHero you can instantly exchange Synthetix to Ethereum Classic without signup. You can easily convert SNX to ETC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your SNX to ETC exchange.
SNX to ETC Best Rate Exchange
For the Best Rate exchange of Synthetix to Ethereum Classic, we search through various exchanges for the SNX to ETC pair and find the best rate available in the market. We provide you with an estimation of the amount of ETC you will receive.
As soon as you accept the terms and the SNX is deposited, the exchange will be automatically processed. We remind you that the final amount of ETC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of SNX to ETC.
SNX to ETC Fixed Rate Conversion
For the Fixed Rate exchange of Synthetix to Ethereum Classic, ChangeHero finds a good rate for the pair SNX to ETC and fixes the rate for up to 15 minutes. In the Best Rate exchange of SNX to ETC, you will receive the exact amount of ETC shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETC address. ChangeHero is the best place to exchange SNX to ETC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert SNX to ETC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange SNX to ETC?
No, you do not need an account to swap SNX to ETC on ChangeHero. There will be no registrations for your Synthetix to Ethereum Classic transaction.
Do I need to go through KYC procedures for SNX to ETC exchange?
There will be no KYC for the SNX to ETC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ETC to SNX?
Yes, you can instantly exchange ETC to SNX on ChangeHero.