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Frax Shares

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Frax Shares

Millions choose Kraken to buy Frax Shares. Start with just $10.

Buy Frax Shares

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Buy Frax Shares

How to buy Frax Shares

You can buy Frax Shares on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including FXS. Kraken makes it quick and easy to get started.

Create your free Kraken account

Provide your email address & country of residence.

Connect a funding method

Fund your account with your preferred payment method.

Complete your Frax Shares purchase

Buy Frax Shares with as little as $10.

In the past 24 hours, Kraken clients bought 5187 FXS worth 10 167 $.

Why buy Frax Shares with Kraken?

Kraken offers a safe and easy way to get started with crypto. Use our flexible payment methods to buy Frax Shares with a credit card, debit card, bank transfer, and more.

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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 in attempt to track the price of the dollar. 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?

With Kraken, you can do more with Frax Shares. From making your first trade to utilizing our advanced Frax Shares pro trading tools, all the Kraken features you need are backed by our robust security features and 24/7 support.

Frax Shares rewards

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Trade Frax Shares for NFTs

Collect & trade NFTs

Swap Frax Shares for other assets

After you buy Frax Shares, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Frax Shares trading pairs so you can move in and out of the market with ease.

Frax Shares FAQ

Is Frax Shares a good investment?

The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Frax Shares may be a worthwhile purchase.

How much does it cost to buy 1 Frax Shares?

At the current market rate, it costs 1,96 $ to purchase one FXS. Kraken makes it easy to buy & sell Frax Shares with confidence.

Can I buy Frax Shares with a debit card?

You can buy Frax Shares with a debit card on Kraken. We offer several different ways to fund your account with cash or cryptocurrency.

How to trade Frax Shares

You can trade Frax Shares by first creating a Kraken account. Once sign up is complete and your account is funded, select your desired FXS trading pair and start trading Frax Shares. Our all in one, powerful interface lets you execute your trading strategy.

Can I buy $100 worth of Frax Shares?

Yes, Kraken offers a secure and easy to buy $100 worth of Frax Shares. At its current price, $100 equals NaN FXS.

Is Frax Shares safe to buy?

The Frax Shares price can change dramatically based on market conditions. You should do your own research on Frax Shares before buying.

Learn more about Frax Shares

How does Frax Shares work?
Unlike traditional currencies, Frax Shares is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Frax Shares. This decentralization means the holders and users of Frax Shares can help to maintain the network.
Where can I buy Frax Shares?
Most find that the easiest and most secure way to purchase Frax Shares is through a reliable cryptocurrency platform like Kraken. While Frax Shares can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Frax Shares.
Is Frax Shares available to buy and sell in my country?
To find out if Kraken offers Frax Shares in your region, please check our Support article to see what cryptoassets are available in your country.
Is Frax Shares a good investment?
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Frax Shares may be a worthwhile purchase.
Can I purchase Frax Shares using my local currency?
Kraken supports six different government-issued fiat currencies including:

US dollars (USD)

Euros (EUR)

Canadian dollars (CAD)

Pounds sterling (GBP)

Swiss franc (CHF)

Australian dollar (AUD)
What are the transaction fees for buying Frax Shares?
Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.
What is the minimum amount of Frax Shares I can buy?
You can buy as little as $10 worth of Frax Shares on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Frax Shares regularly.
Can I buy Frax Shares with a debit card?
You can buy Frax Shares using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
Can I buy Frax Shares with other cryptocurrencies?
Yes, Kraken makes it easy to purchase Frax Shares using hundreds of other cryptocurrencies. Browse the Frax Shares markets available on Kraken to see how much it costs to buy Frax Shares with other cryptocurrencies.
How can I keep my Frax Shares safe?
While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your Frax Shares. When you choose to keep your Frax Shares on Kraken, it is secured by our globally-recognized security standards.
Will I owe taxes when buying and selling Frax Shares?
Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.
Can I transfer Frax Shares from Kraken to my crypto wallet?
Yes, the Frax Shares you buy on Kraken is yours. Kraken makes it easy to withdraw your Frax Shares to any hot wallet or cold wallet that supports Frax Shares. Simply enter the external wallet address and your Frax Shares will be in your wallet a few moments later.
Is it safe to leave my Frax Shares on Kraken?
We take every measure possible to keep the Frax Shares you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Frax Shares. Learn more about our globally-recognized security standards.
What is the current circulating supply of Frax Shares?
The current circulating supply of Frax Shares is 82 711 245 FXS.

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