Frax Wallet

Frax Wallet

You can always easily store, exchange, buy and send your Frax at any time, right in your browser.

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Frax (FRAX) Wallet | Guarda.com Wallet

Frax Price

(FRAX/USD)

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 | Guarda.com Wallet Frax Website

How to Buy Frax

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Buy Frax with SEPA Transfer

SEPA, a payment method for fast and easy payments with Euros. White label user-friendly SEPA purchase solution for FRAX and 50+ other cryptocurrencies.

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MasterCard

Buy Frax with Credit Card

You can easily purchase FRAX with credit card on Guarda. We offer the best rates to buy FRAX using debit card or credit card (Visa or MasterCard).

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How to use Frax (FRAX)

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.

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