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COINTURK NEWS > Altcoin News > How to Buy Synapse (SYN) Coin?
Altcoin News

How to Buy Synapse (SYN) Coin?

In Brief

  • The Synapse Bridge is the first user-oriented product built on the cross-chain communication network.
COINTURK NEWS
COINTURK NEWS 6 months ago
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The Synapse Bridge is the first user-oriented product built on the cross-chain communication network.

Contents
What is Synapse (SYN)?Where to Buy SYN Coin?

What is Synapse (SYN)?

Synapse Chain is described as an Ethereum $2,476-based optimistic roll-up designed to serve as a sovereign execution environment for cross-chain use cases. By leveraging Synapse’s cross-chain messaging system, Synapse Chain provides developers with a generalized smart contract interface to create cross-chain use cases natively. Applications built on Synapse Chain will be able to execute their business logic on any blockchain. The driving force behind creating a sovereign chain to facilitate cross-chain messaging comes from the insights gained by the core contributing team when working with teams developing cross-chain applications. A programming environment specifically suited for the use cases built on top of the messaging system simplifies deployment and state management across chains and becomes much more efficient when cross-chain business logic is hosted in a single execution environment. This enables users to interact with the state atomically, even if it is distributed across various blockchains.

Following the launch of Synapse Chain, gas payments to the sequencer will be made in ETH to promote the best possible user experience. Shortly after the launch, Synapse DAO may explore a series of mechanisms to link the use of Synapse Chain to SYN to strengthen the symbiotic relationship between Synapse Chain and the messaging system. While they are unique components, Synapse Chain can only succeed if the messaging system can provide the trusted security that SYN aims to foster.

Where to Buy SYN Coin?

SYN Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. SYN Coin is traded on the Binance platform in SYN/BTC and SYN/USDT pairs.

To purchase SYN, you must first register on the Binance exchange. Once registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can buy SYN Coin through the three pairs mentioned above. To purchase via the SYN/USDT pair, navigate to the interface of this pair. In the SYN/USDT interface, enter the desired amount in the field specified under the limit tab. After entering the amount, complete the purchase by placing a Buy SYN order.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 25 November, 2024 - 4:00 pm 25 November, 2024 - 4:00 pm
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