Frax One Day Volume Reaches $22.22 Million (FRAX)

Frax (FRAX) traded 0.2% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on June 23rd. Frax has a total market capitalization of $1.43 billion and approximately $22.22 million worth of Frax was traded on exchanges in the last 24 hours. During the last seven days, Frax has traded 0.2% higher against the U.S. dollar. One Frax coin can now be purchased for $1.00 or 0.00004745 BTC on cryptocurrency exchanges.

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

  • JUMPN (JST) traded 54% lower against the dollar and now trades at $5.46 or 0.00018651 BTC.
  • Tether (USDT) traded up 0% against the dollar and now trades at $1.00 or 0.00004734 BTC.
  • CV SHOTS (CVSHOT) traded 11.1% higher against the dollar and now trades at $23.16 or 0.00109706 BTC.
  • Sweet SOL (SSOL) traded up 600.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Bitsubishi (BITSU) traded 6.8% lower against the dollar and now trades at $88.29 or 0.00418694 BTC.
  • Tari World (TARI) traded up 16.8% against the dollar and now trades at $16.18 or 0.00076671 BTC.
  • XRP (XRP) traded 11.2% higher against the dollar and now trades at $0.36 or 0.00001728 BTC.
  • Wrapped Cardano (WADA) traded up 4% against the dollar and now trades at $0.49 or 0.00002315 BTC.
  • Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Gateway Protocol (GWP) traded 1.7% lower against the dollar and now trades at $2.92 or 0.00013813 BTC.

Frax Coin Profile

Frax was first traded on December 16th, 2020. Frax’s total supply is 1,426,914,189 coins. The official website for Frax is frax.finance/#welcome. Frax’s official Twitter account is @fraxfinance and its Facebook page is accessible here.

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. “

Frax Coin Trading

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

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