SnapEx is a decentralized finance platform with most of its operations concentrated in Asia. The platform was established in 2018 and has its focus on digital currency contract trading with the help of smart contracts. SnapEx creates markets and tools for Web3. The platform is powered by its native utility token– SNAP.
This guide serves as your definitive resource to understand the SnapEx platform, highlighting its key functionalities and its native utility token – SNAP.
We will also dive into SNAP’s historical performance and future projections, providing valuable insights. Additionally, I’ll outline the process of purchasing SNAP, ensuring you have all the necessary information at your disposal. Without any further delay, let’s explore.
SnapEx (SNAP) Key Features
| Market Making | SnapEx offers a seamless and liquid trading platform with continuous order execution. |
| Portfolio Management | The platform also provides custom-tailored portfolio strategies based on the user’s financial goals and risk appetite. |
| Tether as Base | SnapEx uses Tether (USDT) as the base currency for its transactions. |
| Widely Accessible | The platform has a low entry barrier, making it accessible to a wide range of traders. |
| Zero Spread | The trading platform does not add its spread. The prices on SnapEx are actual spot prices in the market. |
| Fair Prices | SnapEx uses a K-line weighted average to display live spot prices from 4 major cryptocurrency exchanges. |
| High Leverage | SnapEx allows traders to leverage from 10x to 100x. |
| Low Transaction Fee | SnapEx only applies a one-time transaction fee for a position opened. |
SnapEx (SNAP) Tokenomics
The total supply of SNAP is 149.46 million tokens and the supply is capped at a maximum of 2 billion tokens. 135.67 SNAP is in existing supply.
SnapEx (SNAP) Past Performance
While I am penning this article, SNAP is trading at $0.0005247, which is 31. 66% above yesterday’s price.
The market capitalization is around $73k. At $47k, the 24-hour trading volume has more than doubled from the numbers yesterday.
SnapEx Token (SNAP) Price Prediction
Technical indicators suggest that the current market sentiment is bearish while the Fear & Greed Index is now on 77 signaling extreme greed. SnapEx recorded 30 (100%) days in the green territory. Our analysts think that now is not a good time to buy SNAP. You can find the yearly price forecasts below.
| Year | Low | Average | High |
| 2025 | $ 0.000167 | $ 0.00048 | $ 0.000790 |
| 2026 | $ 0.000140 | $ 0.0002935 | $ 0.000444 |
| 2027 | $ 0.000153 | $ 0.000233 | $ 0.000313 |
| 2028 | $ 0.000226 | $ 0.0003795 | $ 0.000533 |
| 2029 | $ 0.000427 | $ 0.0007455 | $ 0.001064 |
| 2030 | $ 0.000422 | $ 0.000553 | $ 0.000684 |
Where to Buy SnapEx (SNAP)?
You can buy SNAP with good market depth from exchanges like PancakeSwap, ABCC, Gate.io, MEXC, Bitget, Hotscoin, CoinW, Jupiter, Tapbit, etc.
How to Buy SnapEx (SNAP)?
Follow these steps to buy SNAP from Gate.io.
- First go to the Gate.io website and sign up for a new account, followed by the KYC verification.
- Load the wallet with funds. We will use Tether (USDT) here.
- Go to the trading section and search for SNAP/USDT.
- Choose ‘limit order’, select the number of Snap tokens to buy, and hit ‘buy’.
- Click ‘confirm’ and your Snap tokens will now appear on your Gate.io wallet.
Conclusion
SnapEx operates in the intersection of DeFi and Web3. The platform offers a liquid market service and asset management tools. Though the platform is very promising, its native token is yet to catch up in the crypto market. Our team is not very confident about the future of this token.
Moreover, it is still worth noting that crypto assets are highly volatile and their prices are affected by market sentiments. We advise the reader to exercise prudence and stay away from subpar crypto assets. As always, only invest the money you can afford to lose.
