Legacy Frax Dollar

FRAX

$1.11

-0.21%

Legacy Frax Dollar price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy Legacy Frax Dollar with iDEAL or Wero

Buy Legacy Frax Dollar easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Legacy Frax Dollar?

Buying Legacy Frax Dollar through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Legacy Frax Dollar: Go to the Legacy Frax Dollar page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Legacy Frax Dollar appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Legacy Frax Dollar margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Legacy Frax Dollar on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Legacy Frax Dollar

Answers auto-summarised from live price and sentiment data for Legacy Frax Dollar.

Legacy Frax Dollar (FRAX) is a stablecoin designed to maintain a soft peg to the US dollar. It operates on a fractional-algorithmic model, aiming for stability through a combination of collateral and algorithmic adjustments.

The current price of FRAX is $0.9898. This value fluctuates based on market dynamics.

The all-time high for FRAX was $1.18. This represents the highest price it has reached since its inception.

FRAX has a market capitalization of $217,067,570.18 and is currently ranked {{market_cap_rank}} among cryptocurrencies.

In the past 24 hours, FRAX's price has changed by +0.07%. This indicates recent market activity.

The news sentiment for FRAX over the past 24 hours is neutral (unknown). This reflects the general tone of recent news coverage.

Last refreshed:

Sentiment history FRAX

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: —).

About Legacy Frax Dollar

Legacy Frax Dollar (FRAX) is a decentralized stablecoin designed to maintain a stable value of $1. Its objective is to provide a digital asset that merges the stability of traditional currencies with the advantages of blockchain technology, including global accessibility and transparency. FRAX is developed by the Frax Finance protocol. FRAX employs a unique hybrid model, combining an algorithmic mechanism with collateral. This means FRAX's stability is partly secured by smart contracts that regulate issuance and redemption, and partly by collateral in the form of other crypto assets. This system is engineered to keep the price of FRAX pegged around $1.

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Latest news on Legacy Frax Dollar

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