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Sell
Frax Shares

Cash out of Frax Shares with flexible funding options

Sell
Frax Shares

Cash out of Frax Shares with flexible funding options

Sell Frax Shares

Get the Kraken app

Sell Frax Shares

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 4184 FXS worth 8368 $.

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

World-class
security

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 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?

Before you sell your Frax Shares, learn more about the different ways you can put your Frax Shares to work with Kraken.

Frax Shares rewards

See if you can earn rewards

Trade Frax Shares for NFTs

Collect & trade NFTs

Swap Frax Shares for other assets

Explore the most popular Frax Shares trading pairs on Kraken before you swap Frax Shares for cash, stablecoins or other digital assets.

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 advisor 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 2. 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 sell or buy Frax Shares after you connect your funding method.

Learn more about Frax Shares

What are the fees for selling Frax Shares?
Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.
Which cryptocurrencies can I sell on Kraken?
Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Frax Shares.
What is a Frax Shares ATM?
A Frax Shares ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Frax Shares and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.
Where can I sell Frax Shares?
While you can use a variety of different methods to sell your Frax Shares, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Frax Shares.
Should I sell Frax Shares now?
Deciding when to sell Frax Shares depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

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