Looking to buy Synthetix (SNX) with GBP in the UK?
Check out this quick list of the best places where you can buy it in the UK.
Intro: Best Ways to Buy Synthetix UK
Here’s a quick overview of the best places where you can buy Synthetix (SNX) in the UK.
|Binance||UK Bank Transfer||Up to 0.10%|
|Kraken||UK Bank Transfer||Up to 0.26%|
|Coinbase Pro||UK Bank Transfer||Up to 0.50%|
|CoinJar||UK Bank Transfer||1%|
|Crypto.com App||UK Bank Transfer||Variable|
|BC Bitcoin||UK Bank Transfer||3% (Exclusive Discount)|
Excluding Coinbase Pro and CoinJar, each of these places also allows you to buy Synthetix (SNX) and other cryptocurrencies with a credit or debit card. However, you’ll end up paying higher fees if you do this.
How to Buy Synthetix UK
1. Cryptocurrency Exchanges
UK residents can deposit GBP into any of these cryptocurrency exchanges using a UK bank transfer. Each of them processes payments via the Faster Payments Service (FPS), which means that your funds should be quickly processed and credited to your account.
(When I send GBP to Coinbase Pro, it’s typically credited within minutes).
Binance has the lowest trading fees of these three cryptocurrency exchanges – charging a maximum of 0.1%. If you pay your trading fees using Binance Coin (BNB), you can also get a 25% discount on the fees you pay.
|Provider||Fees: Maker||Fees: Taker|
|Binance||Up to 0.10%||Up to 0.10%|
|Kraken||Up to 0.16%||Up to 0.26%|
|Coinbase Pro||Up to 0.50%||Up to 0.50%|
But here’s the thing:
While cryptocurrency exchanges are the cheapest way to buy Synthetix (SNX), they’re NOT beginner friendly whatsoever. If you’ve never seen something like this before, then it might be a little intimidating to use.
Head over to each of their websites to learn more:
Founded in May 2013, CoinJar is a cryptocurrency broker (and exchange) that allows you to buy Synthetix (SNX) and an ever-growing number of other cryptocurrencies.
You can only deposit GBP into CoinJar with a UK bank transfer (via Faster Payments). After making my initial deposit, I’ve found that the GBP I transfer over to CoinJar is credited within minutes.
CoinJar charges a fixed fee of 1% whenever you buy Synthetix (SNX) or any other supported cryptocurrency. The prices you’re quoted might be slightly higher than the real exchange rate – but, when I’ve checked, not by much.
You can access CoinJar via your web browser, but there’s also an easy-to-use mobile app that you can download too.
3. BC Bitcoin
Established in 2017, BC Bitcoin is a highly-rated cryptocurrency broker that allows you to Synthetix (SNX) and almost any cryptocurrency you might want to get your hands on. The main exceptions to this are privacy-focused cryptocurrencies like Monero (XMR) or Zcash (ZEC).
BC Bitcoin supports UK bank transfers (via Faster Payments), credit/debit cards, and SEPA bank transfers.
You’ll normally be charged 5% in fees to buy Synthetix (SNX) using BC Bitcoin. But if you register using our exclusive sign-up portal, then you’ll only pay 3% in fees when buying Synthetix (SNX) with a UK bank transfer.
The minimum order value is £250, but you can purchase multiple cryptocurrencies at the same time if you reach out to them (rather than going through the website).
Thanks for checking out this guide about how to buy Synthetix (SNX) in the UK!
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