Live Frax Share Price
Live Frax Share Price Change and Market Cap
Today, 1 FXS is worth 0.149332$. From the Frax Share price chart, we can see that the 24-hour change is -0.88%. Its circulating supply is 0 FXS and the market capitalization today is $25037666. In the previous 24 hours, the Frax Share price reached a maximum price of 0$ and a minimum price of 0$.
Frax Share Price Prediction
Frax Share token reached its historic maximum price of $42.67 on April 3, 2022. $1.52 is its all-time low, observed on June 25, 2021. As of August 2023, it is 86% down from the ATH and 292% up from the all-time low.The outlook on FXS is mildly optimistic. In 2023, the FXS price forecast is $13.46 maximum. By 2025, FXS is expected to rise to $46.04 US dollars. A 2030 price prediction for Frax Share gives a lower target at $42.21.
Frax Share Exchange
On ChangeHero, you can exchange Frax Share against a wide range of cryptocurrencies. For your Frax Share conversion, we offer two types of rates — Best Rate & Fixed Rate. In the Best Rate Frax Share exchange, you will be given the best available rate in the market. Please note that the final amount of crypto you receive may differ slightly from the estimate. In the Fixed Rate Frax Share exchange, we freeze a good rate for 15 minutes, it’s optimal to avoid price fluctuations during the Frax Share conversion. In any case, we process your Frax Share swap in a few minutes and deliver crypto safely to your wallet.
How to exchange Frax Share
What is Frax Share (FXS)?
Frax Share (FXS) is a cryptocurrency that is part of the Frax ecosystem, which includes the stablecoin Frax (FRAX). FXS is a governance token that allows holders to participate in decision-making and earn rewards. It is designed to stabilize the value of FRAX by implementing an algorithmic mechanism that adjusts the supply of FXS based on demand. Holders can stake FXS in the Frax DAO to earn fees and voting power. With its unique approach to stability and governance, Frax Share aims to provide a decentralized and community-driven stablecoin solution in the cryptocurrency market.
Frequently Asked Questions
What are the fees for the FXS conversion?
We charge a low fee of 0.5% for your Frax Share exchange.
How long does it take to exchange Frax Share?
Usually, it takes less than 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.
Do I need to go through a KYC procedure for exchanging FXS?
No, you are not required to go through a KYC procedure for the Frax Share exchange. In some cases, we may ask you to go through a verification procedure if our threat detection system raises an alarm.
Can I buy Frax Share with Paypal?
No, we don’t accept Paypal. On ChangeHero you can buy FXS by trading it against other cryptocurrencies.
Do I need to create an account to exchange FXS?
ChangeHero is a completely account-free cryptocurrency exchange. You will not be asked to register to convert Frax Share.
How many blockchain confirmations are needed for Frax Share?
We consider FXS received after 40 blockchain confirmations.
