How to sell Frax Shares
Create your free Kraken account
Verify your details to get started
Send FXS to your Kraken account
Deposit FXS in your secure Kraken account
Sell Frax Shares instantly
Enjoy ultra-fast FXS transactions & withdraws
In the past 24 hours, Kraken clients traded 14,464 FXS worth $111,807.
Why sell Frax Shares with Kraken?
Kraken offers a safe and easy way to sell digital currency. Enjoy market-rate trades with low transaction fees and withdrawal fees.
Instant transactions & withdrawals
Flexible withdrawal options
Take advantage of our flexible payment options to sell Frax Shares using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.
About Frax Shares
Frax is a fractional-algorithmic stablecoin protocol encompassing a two token system. The Frax stablecoin (FRAX) combines crypto collateral and algorithmic mechanisms to remain pegged to the value of the dollar and the protocol is governed by a community of Frax Share (FXS) holders. FXS is used to propose and vote on changes to the protocol, such as adjustments to the fee structure, collateral pools and the collateral ratio.
What can you do with Frax Shares?
Before you sell your Frax Shares, learn more about the different ways you can put your Frax Shares to work with Kraken.
Frax Shares FAQ
Can I sell Frax Shares for USD?
Yes, you can buy and sell Frax Shares using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Frax Shares.
How do I convert Frax Shares to cash?
Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Frax Shares. Once you convert your Frax Shares to cash, our funding options make it easy to withdraw cash to your bank account.
Is cashing out Frax Shares taxable?
Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax adviser before making any digital asset sale or reporting your crypto taxes.
How much is Frax Shares worth right now in USD?
At the current Frax Shares price, one FXS is worth $7.73. Kraken makes it easy to sell Frax Shares for USD in minutes.
How do I get my money after selling Frax Shares?
After you sell your Frax Shares using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0–5 business days.
Can I buy and sell Frax Shares instantly?
Yes, it only takes a few moments to buy and sell Frax Shares after you connect your funding method.
Learn more about Frax Shares
What are the fees for selling Frax Shares?
Which cryptocurrencies can I sell on Kraken?
What is a Frax Shares ATM?
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Should I sell Frax Shares now?
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