Synthetix (SNX) and Perth Mint Gold Token (PMGT) Listing

9 Sep 2020 14:00
Independent Reserve team

We are listing Synthetix (SNX) and Perth Mint Gold Token (PMGT)

We are pleased to announce that we will be listing Synthetix (SNX) and Perth Mint Gold Token (PMGT) on our exchange. Important dates:

  • 13th of September (Sunday): deposits and withdrawals enabled
  • 15th of September (Tuesday): trading goes live at 11am Sydney time

Listing information

We will be performing system maintenance and upgrades on Sunday the 13th of September at 2pm (AEST). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account.

There will be an introductory brokerage fee for all newly listed coins of 0.1% for two weeks, so be sure to get your trades in early!

Synthetix (SNX)

Synthetix (SNX) is a liquidity protocol for derivatives on Ethereum that enables both the issuance and trading of synthetic assets. Each synthetic asset, otherwise known as a Synth, is an ERC20 token that tracks the price of the asset it is based on using an oracle. As an example, sUSD which is a Synth of a US Dollar will track the price of the US dollar.

Perth Mint Gold Token (PMGT)

PMGT allows you to conveniently buy, trade and hold digitised gold on the blockchain.

Without storage, transaction, transfer or management fees, PMGT offers the very real promise to always track the spot price of gold. Trusted, reliable and cost-effective, PMGT is the only token on the market that is both backed by government-guaranteed gold and fully redeemable into physical bullion.

Over the Counter (OTC) Synthetix and Perth Mint Gold Token

If you are looking to buy or sell $100,000 or more of SNX or PMGT (or any other crypto we support), you may be interested in Independent Reserve's over-the-counter (OTC) desk. Send our OTC team an email if you would like more information.

If you have any questions regarding the upcoming listings, please do not hesitate to raise a ticket with our support team.