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Buy Frax Share (FXS)

$0.00

0.00%

AUD

FXS

We charge a trading fee of 0.6% on all trades along with the spread

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Frax Share?

FXS token is a non-stable utility token for the Frax protocol. The token itself was designed for volatility and governance on the system. However, it is worth noting that the limited governance model integrated with this token was created with the mission to design trustless money and minimal interference. The philosophy is that with less regulation, there is less room for disagreement. Some of the parameters that can be voted on include adding or adjusting collateral pools and modifying the fees/ collateral ratio. As long as the demand for FRAX continues, the FXS tokenomics model operates with a fixed, deflationary supply. As FXS’s market cap increases, the system’s ability to stabilise FRAX also increases. When considering the overall market capitalisation of FXS tokens, the white paper suggests calculating the future expected netted from FRAX tokens seigniorage in perpetuity, cash flow from redemption fees and minting, and unused collateral.  Additionally, FXS holders can generate veFXS by locking FXS tokens up. veFXS grants special governance and AMO profits.

Sign up to Swyftx to buy Frax Share (FXS) inAustralia.

Why use Swyftx to Buy Frax Share?

How to buy
Frax Share (FXS)

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Lowest Fees

Swyftx’s trading fees are below most other exchanges in Australia, so you can save some extra pocket money.

Instant Verification

Verify your account in a few minutes and deposit funds to get started on trading Frax Share and lots of other cryptocurrencies.

Secure Accounts

Swyftx has combined a mixture of cutting-edge security features such as Two-Factor Authentication (2FA) and Breached Password Detection.

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Risk free demo mode

Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.

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3952 Reviews

Hiroki Takemoto
Great customer services!
Michel Bloom
Swyftx is a very easy platform to use. It has an excellent range of currency to choose from. Good customer services.
Oanh Le
Amazing platform and easy to use!
Jacqui
Great way for a beginner investor to get started. Still learning the ropes - but Swift has helped
CheekyOzzie
Great service
Sheh Singh
Swyft is a great trading account for Australians. It is easy to use as well for someone my age, especially with my lack of trading online. All my trading previously has always been done through a broker who took large commission...
Caroline-Jenna De Thierry
It’s great, easy to use and everything is right there at your fingertips
Benjamin Wotherspoon
Easy to use clean interface with fast customer support.
callum ginty
One of the best aspects of Swyftx is their support system. It is easy to get a hold of Swyftx and have feedback from a real person.
Nadine Carey
Great treiffic fantastic

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AUD Deposit and Withdrawals

Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi

Recurring Orders

Automate your crypto investments.Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, On Trigger & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

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Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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