Frax (FRAX) Price

Frax Price FRAX

Set Frax (FRAX) Price
0.930070 EUR
+0.000487769 EUR
10.01%
week

Frax Market data

General information

Launch date
Category
Polygon Ecosystem,
Ethereum Ecosystem,
Decentralized Finance (DeFi),
Avalanche Ecosystem,
Harmony Ecosystem,
Fantom Ecosystem,
BNB Chain Ecosystem,
Arbitrum Ecosystem,
Solana Ecosystem,
Seigniorage,
Optimism Ecosystem,
Moonbeam Ecosystem,
Stablecoins,
USD Stablecoin,
Moonriver Ecosystem
Show more
Official website
https://frax.finance

Price performance

24h Low
0.922979 EUR
24h High
0.930952 EUR
All time high
27/09/2022
1.054000 EUR
-11.76%
All time low
19/05/2021
0.779554 EUR
19.31%

Market data

Market rank
112
Market cap
602652647.00 EUR
Market dominance
0.03%
24h trading volume
5153597.00 EUR

Circulating supply

Circulating supply
649462235.51 FRAX
Total supply
649462235.51 FRAX
Max supply
∞ FRAX

Frax Price Overview

The current Frax price is 0.930000 EUR. The price has changed by 0.36% in the past 24 hours on trading volume of 5153597.00 EUR. The market rank of Frax is 112 based on a market capitalization of 602652647.00 EUR. Frax has a circulating supply of 649462235.51 FRAX. The highest recorded Frax price is 1.050000 EUR. And the lowest recorded FRAX price is 0.780000 EUR.

How do Frax price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

Analysing Frax’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Frax matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Frax chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

You can consult an expert to tell you how to buy Frax. However, it’s fast and easy to buy Frax with the Kriptomat app. Frax is available for immediate purchase at the current Frax price quote of 0.930000 EUR <span class='coin-currency'>EUR</span>. Current prices are always displayed in the Frax chart.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Frax

Many factors affect the value of Frax.

The Frax exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Frax and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Frax in the news, monitor FRAX on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Frax? Or will they close a technology gap, rendering Frax less valuable as an investment?

Live Frax value and market cap

The live Frax exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Frax is equal to the value of Frax multiplied by the number of Frax in circulation.

Where to buy Frax

So you’re ready to jump into the world of cryptocurrency and you want to know where to buy Frax (FRAX)? Frax is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.

What payment methods can I use to buy Frax

We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google pay, Skrill, or Neteller to buy Frax (FRAX).

What can you do with your Frax?

Buy Frax with euros

Access Frax tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Frax

Swap some or all of your Frax for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Frax

Use the Frax you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Frax for euros

Simplify your life with the Web3 wallet that lets you sell your Frax for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Frax

With Frax, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Frax at competitive interest rates.

Hold your Frax

Your Frax tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

Frax Price FAQ

What factors influence the price of Frax?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Frax tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Frax in EUR?

Frax price history shows that Frax has recorded a peak value of 1.050000.

What is the lowest price of Frax in EUR?

Kriptomat data confirms that 0.780000 EUR is the lowest recorded Frax value.

What is the current price of Frax in EUR?

Frax is available for immediate purchase at Kriptomat. The current price is 0.930000 EUR.

How can I buy Frax?

You can consult an expert to tell you how to buy Frax. However, it's fast and easy to buy Frax with the Kriptomat app. Frax is available for immediate purchase at the current Frax price quote of 0.930000 EUR. Current prices are always displayed in the Frax chart.

How much Frax should I buy?

If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring Frax as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.

Is there an order minimum?

You can buy Frax for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.

Can I withdraw my Frax?

Sure. You can transfer your FRAX to any blockchain address or swap it for a cryptocurrency that is readily swapped for euros at Kriptomat.

Can I purchase Frax using someone else’s bank account?

No. You must be the account holder in order to initiate a SEPA bank transfer and purchase FRAX on Kriptomat.

Is Frax easy to sell?

Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your FRAX whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of Kriptomat or its employees. Any investment is risky, and past returns are not a guarantee of future returns. Risk only assets that you can afford to lose. By using our services, you confirm that you are aware of the risks associated with using our services and that you fully understand and accept our non-liability for the risks related to virtual assets and your investment. More information is also available in our Risks of trading virtual assets and Terms of Use, and special warning notifications you receive while using our services.

Buy FRAX with our Web3 wallet

Trade FRAX securely and privately on our mobile application with built in web3 wallet.

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