Frax (FRAX) Wallet: Online, Mobile & Desktop App | Guarda Wallet

Frax Price

(FRAX/USD)

Download Frax FRAX Wallet

Store/HODL FRAX

A long-term investment in FRAX with the expectation of it increasing in value. You can safely store your FRAX in Guarda Wallet.

Exchange Frax

Instantly exchange Frax with the best FRAX exchange rates. We offer many trading pairs for Frax trading through our exchange partners.

Send Frax

Guarda allows you to easily buy Frax online and send it to anyone and anywhere with their Frax address.

Receive Frax

Receive Frax from anyone instanteniously through your web browser, mobile phone or desktop app.

Download the Guarda Crypto Wallet App and hold your FRAX and 50+ cryptocurrencies, anytime and anywhere.

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What is Frax?

Frax Protocol - is the first platform with a stable coin with fractional algorithm. The platform is open source and requires no permissions and is fully networked - currently the project is implemented on the Ethereum network (with possible crosschain implementations in the future). In the near future, the Frax protocol is to provide highly scalable, decentralized, algorithmic money instead of fixed-offer digital assets such as BTC. Fractional-Algorithmic - Frax is a unique stable coin with part of its stock in escrow and part in algorithmic supply. The ratio of guaranteed to algorithmic depends on the market price of the FRAX Stablecoin. If FRAX trades above $1, the protocol lowers the escrow index. If FRAX trades below $1, the protocol increases the collateral index. The platform is decentralized, community-managed and emphasizes a highly autonomous algorithmic approach without active management. Frax Protocol owns 2 tokens: FRAX is a stable coin targeting a range around $1 per coin. Frax Shares (FXS) is a management token that accumulates commissions and excess collateral value. Prior to Frax, stabelcoins fell into three different categories: fiat, cryptocurrency with excess collateral, and unsecured algorithmic. Frax is the first type of decentralized stablecoin that classifies itself as fractional-algorithmic, opening the 4th and most exclusive category.

Frax (FRAX) Wallet: Online, Mobile & Desktop App | Guarda Wallet Frax Website

FAQ

1. What is the best Frax wallet?

Guarda is one of the best wallets according to Investopedia.com and Hackernoon.com for Frax. Guarda is a non-custodial wallet that supports more than 400K+ assets. Use an online wallet right in your browser or download a web/mobile version.


2. How do I get an Frax wallet?

You can download the application from the Apple AppStore, or Google Play, or install a desktop wallet. You can also use an online wallet. Create an account on Guarda; Set a strong password and save your wallet backup; Create a wallet and add your FRAX.


3. How to get an FRAX wallet for Android or iOS?

Download Guarda from AppStore or Google Play; Create an account on your Guarda Wallet; Tap the “Receive” button in app; Paste the generated address or scan the QR code when sending coins from an external wallet or exchange to Guarda.


4. Is Guarda Wallet app safe?

Guarda is a non-custodial crypto wallet. Guarda stores no private data, backup files, or keys, and no one has access to the user's wallet. Users are the only ones who have access to private information.
Security features include: fingerprint authorization; PIN code; backup file

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