Frax Price Up 0.6% This Week (FRAX)

Frax (FRAX) traded 0.5% higher against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on January 25th. Frax has a total market cap of $1.02 billion and $28.56 million worth of Frax was traded on exchanges in the last 24 hours. During the last week, Frax has traded up 0.6% against the U.S. dollar. One Frax token can currently be bought for about $1.00 or 0.00004325 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded up 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.7% against the dollar and now trades at $0.0611 or 0.00000264 BTC.
  • CareCoin (CARES) traded 3.7% higher against the dollar and now trades at $0.0759 or 0.00000328 BTC.
  • OmniaVerse (OMNIA) traded 1.4% higher against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded up 3.7% against the dollar and now trades at $93.95 or 0.00406323 BTC.
  • Lunar (LNR) traded down 2.6% against the dollar and now trades at $0.0278 or 0.00000120 BTC.
  • Hokkaidu Inu (HOKK) traded 11.6% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
  • 2G Carbon Coin (2GCC) traded 0.3% higher against the dollar and now trades at $135.76 or 0.00587151 BTC.
  • Lego Coin (LEGO) traded down 5.6% against the dollar and now trades at $0.0406 or 0.00000176 BTC.

About Frax

Frax was first traded on December 16th, 2020. Frax’s total supply is 1,018,393,133 tokens. Frax’s official Twitter account is @fraxfinance and its Facebook page is accessible here. Frax’s official website is frax.finance/#welcome.

According to CryptoCompare, “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.”

Buying and Selling Frax

It is usually not presently possible to purchase alternative cryptocurrencies such as Frax directly using US dollars. Investors seeking to acquire Frax should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Frax using one of the aforementioned exchanges.

Receive News & Updates for Frax Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Frax and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.