Networks and wallets for WBTC to SNX
Ethereum mainnet (ERC-20 WBTC)
Select WBTC on Ethereum if that is what the deposit requests. Confirm that your wallet holds WBTC, since native BTC and other wrapped Bitcoin tokens use different withdrawal instructions.
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 WBTC 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 WBTC to SNX
- Check that a live provider quotes your WBTC 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 WBTC transaction reference, then verify the SNX payout in your receiving wallet.
How to compare WBTC to SNX rates
For a rough pre-fee estimate, multiply the WBTC amount by the rate expressed in SNX per WBTC. Then compare the actual SNX payout for the same WBTC 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.