Networks and wallets for BTC to SNX
Bitcoin mainnet
Select an on-chain Bitcoin withdrawal when the provider quotes Bitcoin mainnet. Lightning invoices and wrapped BTC on other chains require separate routes.
Ethereum mainnet (ERC-20 SNX)
Check the network and SNX contract expected by the Synthetix app you intend to use. SNX received in a wallet stays separate from a staked or collateralized position until you take the relevant action.
Check BTC deposit and SNX payout availability separately. The live service needs to accept your source network and offer the destination network that your SNX wallet expects.
How to convert BTC to SNX
- Check that a live provider quotes your BTC deposit network and the SNX payout network you need.
- Compare the amount of SNX you would receive after fees, then confirm the receiving address and any memo or tag required for your payout.
- If you go ahead, follow the live order’s deposit instructions. Keep the order ID and the BTC transaction reference, then verify the SNX payout in your receiving wallet.
How to compare BTC to SNX rates
For a rough pre-fee estimate, multiply the BTC amount by the rate expressed in SNX per BTC. Then compare the actual SNX payout for the same BTC amount and network. Check whether the withdrawal fee comes out of what you send or is charged separately.
Orbit uses a $100 minimum. The estimate on this page uses reference market prices before fees. An executable quote, including any additional route limits, comes from a live settlement provider.