About Frax (FRAX)
Currency Details
Name Frax
SymbolFRAX
Market Capitalization$260.91 million
Coin or TokenCoin
Algorithm
Proof Type
Genesis Date12/16/2020
Mineable?No
Official Links
Official Website (Alt)N/A
BitcoinTalk Announcement
ViewCommunity Discussion
Reddit CommunityN/A
Discord GroupN/A
Message BoardN/A
Message Board (Alt)N/A
Research Tools
Blockchain ExplorerN/A
Blockchain Explorer (Alt)N/A
Frax (FRAX) Frequently Asked Questions
What is Frax?
Frax attempts to be the first stablecoin protocol to implement design principles of both to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money. The Frax protocol is a two token system encompassing a stablecoin, Frax (FRAX), and a governance token, Frax Shares (FXS). The protocol also has pool contracts which hold collateral (at genesis USDT and USDC). Pools can be added or removed with governance. (Description provided by CryptoCompare)
How do I buy Frax?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Frax.
Where can I get Frax wallet?
Frax produces its own wallet software that is available for download on its website, which allows you to store Frax on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Frax?
One Frax (FRAX) is currently worth $1.00 on major cryptocurrency exchanges. You can also exchange one Frax for 0.00002574 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Frax in U.S. dollars is $260.91 million.
MarketBeat Community Rating for Frax (FRAX)
MarketBeat's community ratings are surveys of what our community members think about Frax and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Frax (FRAX) Price Chart for Thursday, August, 5, 2021
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Frax (FRAX) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Frax. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Frax Coin" over the last 90 days.
Frax (FRAX) Website Traffic
Frax (FRAX) Social Media Trends
Frax (FRAX) News Headlines
No headlines for this company have been tracked by MarketBeat.com
