How to buy SYN on the BYDFi App?

In order to have a walk-through tutorial on how to buy SYN on the BYDFi app, the following is a step-by-step guide to buy crypto:<ol><li style="line-height: 1.5;">BYDFi app download and install: get free signing up for an account.</li><li style="line-height: 1.5;">KYC verification for acquiring full trading privilege.</li><li style="line-height: 1.5;">Deposit USDT or fiat through your preferred payment option.</li><li style="line-height: 1.5;">Search for the SYN/USDT pair at the spot market.</li><li style="line-height: 1.5;">Input how much you wish to purchase, select a limit or market order, then confirm purchase.</li><li style="line-height: 1.5;">Your SYN will be deposited into your BYDFi wallet.</li></ol>For precautionary purposes, move your SYN to a private wallet after purchase. BYDFi has an app with a simple interface, allowing anyone to purchase, sell, and keep SYN.Download the BYDFi app from the App store of your device: it is available on both <a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="">Android </a>and <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="">iOS</a>.For more help, visit our Help Center or email us at <a href="cs@bydfi.com" target="_blank">cs@bydfi.com</a>

How To Invest In SYN For Beginners: Step-by-step Guide

SYN investing in digital currency for beginners involves understanding how to invest in digital currency, knowing how to trade cryptocurrency, and deciding should I invest in cryptocurrency? Below is a step-by-step guide to buy crypto as per 2025 insights:1. Start SmallThe best way to invest in SYN or any crypto is to start with small amounts. This is going to let you learn the platform and understand how to trade in cryptocurrency without risking large losses during market volatility.2. Learn Crypto TradingTake some time to learn crypto trading strategies. That's because learning how and when to buy or sell will improve your chances of success.3. Understand FeesChecking transaction and withdrawal fees before buying or selling is crucial. Even the best way to buy cryptocurrency involves some cost—knowing skills.4. Stay Updated on Cryptocurrency RegulationStaying informed about cryptocurrency regulation allows you to make smarter decisions.5. Use Two-Factor Authentication (2FA)Always enable 2FA on your crypto accounts to protect your funds and personal data from unauthorized access.6. Watch Out for ScamsBe cautious of unsolicited offers or promises of guaranteed returns. For real cryptocurrency advice, trust only verified platforms or sources.

How to buy SYN for low fees?

To purchase SYN at cheap rates on best crypto exchanges like BYDFi with low spot trading charges and competitive odds. Utilize Promotions and Rebates on referral schemes fees, trading competitions, or utilizing zero-fee trading offers. At other times, you might get a no fee crypto exchange promotion on some pairs, and you'll get to purchase SYN at lower prices. Always compare withdrawal and trading fees before purchasing, and attempt to utilize limit orders so that slippage is minimized.

What is the max supply of SYN?

SYN has a maximum SYN supply of 250,000,000 tokens, so it is a crypto with limited supply. It has the hardcap embedded in the Synapse protocol, so there can never exist a SYN greater than 250 million. The supply-limited model was created to build scarcity, which can be beneficial to support long-term appreciation of price if demand for SYN rises as cross-chain DeFi grows.

How many SYN are in circulation/in existence?

As of today, all SYNs are in circulation is not accurate; currently, about 219 million SYN are circulating, which is roughly 100% of its circulating supply. The remaining tokens are locked or scheduled for gradual release based on the project’s vesting schedule. For anyone who wants to know how many cryptos are there or how many altcoins are there, there are over 17,000 as of 2025. SYN is special in its focus on cross-chain DeFi and interoperability, but knowing circulating supply and total supply is necessary in understanding scarcity and where things can go wrong with price. Always look at the most up-to-date numbers on CoinGecko or CoinMarketCap for the most recent data on SYN's circulating and total supply.

How does SYN (Synthetix) work?

Synthetix protocol operates on synthetix smart contracts that allow the users to mint, exchange, and burn synthetic assets ("Synths") which have the value of actual assets such as currencies or commodities. Synthetix staking mechanism is the foundation: the users collateralize SNX tokens in order to create a SYN collateralized debt position by minting Synths. Value of Synths fluctuates based on the value of all Synths within the system. Stakers receive inflationary rewards and trading fees but must maintain a collateralization ratio (usually 400%) to ensure the system is stable.SYN token utility includes rewards staking, protocol governance, and providing backing liquidity for Synth trades. Decentralized oracles are used by the protocol in a bid to guarantee Synth prices.How Synthetix protocol works: They collateralize SNX to create Synths, which they can exchange with deep liquidity without the use of an order book. Protocol takes care of staker reward and debt and, when collateralization goes low, burn Synths or put up more collateral. Synthetix thereby facilitates decentralized, collateral-backed synthetic asset trading and is a fundamental DeFi infrastructure.

To purchase SYN, having BYDFi as your primary exchange is a safe and easy choice, both for a rookie or professional trader. Below is a step-by-step SYN token buy guide:<ol><li style="line-height: 1.5;">Sign up on BYDFi: Visit the BYDFi website or install the BYDFi app. Sign up for a free account with your email address and enable all the security features advised like 2FA and whitelisting of withdrawal addresses.</li><li style="line-height: 1.5;">Full KYC (spot not required, higher limits required): Spot markets may be traded without KYC but verification removes trading and withdrawal limitations.</li><li style="line-height: 1.5;">Fund Deposit: Deposit funds via crypto deposit, bank transfer, or credit/debit card. BYDFi is supportive of different payment methods and networks to make it easy.</li><li style="line-height: 1.5;">Buy SYN token: Find the SYN/USDT pair on BYDFi spot trading platform. Set a market order for buy now or limit order to buy at your price.</li><li style="line-height: 1.5;">SYN crypto exchange features: BYDFi has deep liquidity, hundreds of tokens listed, and low transaction fees, which makes it one of the best Synthetix trading platforms.</li><li style="line-height: 1.5;">After Purchase: You can store your SYN on BYDFi or move it to a private wallet for extra security.</li></ol>For those looking for "where to buy SYN" or "where to purchase SYN" BYDFi offers a simple process, competitive fees, and access from anywhere in the world, making it one of the top places to buy and trade SYN today.

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How to Buy Synapse(SYN)

Buy Synapse(SYN) and other popular cryptocurrencies on BYDFi with fast, secure trading and low fees. Whether you're a beginner or a professional, BYDFi offers a variety of purchase options to suit your needs. Start investing today and check out our guide to easily buy Synapse(SYN) with minimal fees!

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Last Updated: 2025-08-15

Steps to Buy Synapse

To how to get SYN (Synapse), the best way to buy is through a reputable crypto exchange such as BYDFi, all of which offer secure and user-friendly trading experiences. Start by registering for an account on your chosen exchange and completing KYC verification for security and full access. Fund your account through bank transfer, credit/debit card, or cryptocurrency deposit. Once you have funded your account, find the SYN/USDT trading pair and execute a market or limit order to buy SYN. Once bought, you can get a crypto wallet such as Infinity Wallet, MetaMask, or Ledger on which to keep your SYN safe, with property ownership and exchange risk protection. Double wallet compatibility should be ensured before you send your SYN, and keep your wallet's backup phrase stored safely.

Buy SYN on BYDFi in Simple 3 Steps:

Step 1: Sign up a Free BYDFi Account BYD.1751337727744.Step1.png

Register using your phone/email number and native country, then create a safe password to lock your account in order to start your BYDFi experience.

Step 2 : Secure Your Account BYD.1751337718197.Step2.png

Kindly verify your identity to ensure full compliance and enhance your BYDFi experience.

Enable Google Authenticator (2FA), set up an anti-phishing code, and a fund password to add an extra layer of security to your account.

Step 3 : Buy SYN BYD.1751337709469.Step3.png

You can purchase SYN on BYDFi using various payment methods. We will guide you through the operation:

Option 1 : Buy SYN with Cryptocurrency on BYDFi Spot Trading

The BYDFi spot market supports over 600 digital assets and is the most popular platform for purchasing SYN. Here’s how to buy:

Open BYDFi Buy Crypto service.

Transfer your cryptocurrency to your BYDFi account.

Select the 'Spot Trading' under 'Trade' button. Search for the SYN trading pair on the BYDFi spot market. Place an order to exchange your existing cryptocurrency for SYN.

Once your order is successfully executed, you can view the available SYN in your account assets.

Why Choose BYDFi to Buy Synapse

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Why Choose BYDFi to Buy Synapse

Safe and Reliable

BYDFi's Proof of Reserves (PoR) mechanism offers robust security for your funds. As a Forbes-recommended exchange, we have gained the trust and support of over 1,000,000 users worldwide.

High Liquidity

BYDFi offers a fast and reliable trading experience with support for 900+ major cryptocurrencies, making it an ideal choice for both beginners and professional investors.

Simple and Intuitive

At BYDFi, purchasing Synapse is quick and easy. Whether you are a beginner or a professional trader, our intuitive interface allows you to complete transactions effortlessly in just a few steps. Register on BYDFi now and experience a seamless cryptocurrency purchasing process!

Wide Variety of Tokens

BYDFi supports over 900 cryptocurrencies, making it the ideal platform to buy Synapse and other digital assets. Users can easily trade and exchange assets to meet their needs!

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Disclaimer

The content displayed on this page comes from verified BYDFi users and/or data and feedback from other third-party sources. All information is for reference only, and BYDFi makes no representations or warranties of any kind regarding its accuracy. The displayed price predictions may be inaccurate, and future prices may differ significantly from the forecasts. Do not rely on these results for investment decisions. Token price predictions do not constitute financial advice and are not intended to recommend the purchase of any specific product or service. If you trade or invest based on the information on this page and incur losses, you may not recover your invested funds, and BYDFi is not responsible for any potential losses. The prices of digital assets are subject to market risks and volatility, meaning their value may rise or fall, and you may even lose your initial capital. BYDFi recommends carefully assessing your investment goals, financial situation, risk tolerance, and relevant experience before making investment decisions. If necessary, seek advice from an independent financial advisor. Past market performance is not a reliable indicator of future results, so only invest in products you understand and can afford to risk. This statement is for general informational purposes only and does not constitute investment advice.

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