FRAX Price Chart
Current FRAX Price and Market Trends
The current price of FRAX is $3.23487197, showing a -0.01%, and in the last week, it moved by -0.02%. Clapp provides you with up-to-date data to ensure you make well-informed trading decisions.
What is FRAX?
FRAX is the first fractional-algorithmic stablecoin, designed to combine the best features of algorithmic stability and collateralized stability.
Created by the Frax Protocol, this cryptocurrency operates on a partially collateralized system, ensuring stability while maintaining decentralization.
The Frax Protocol aims to provide a scalable, decentralized, and stable monetary system for blockchain-based economies.
With its innovative design, FRAX has gained recognition as a key player in the decentralized finance (DeFi) ecosystem, offering unique opportunities for investors and developers alike.
How to Buy FRAX on Clapp
1. Download the App
Start by downloading the Clapp app. Install it to gain instant access to the crypto market.
2. Sign Up for Clapp
Begin your journey by creating a Clapp account. Complete a quick KYC process to unlock the crypto world effortlessly.
3. Fund Your Wallet
Add funds to your Clapp wallet using flexible methods. Start with ease and confidence.
What Can You Do with FRAX on Clapp
Build Wealth
Create your customizable portfolios. Engage in strategic investments to harness its potential for long-term gains.
Trade Seamlessly
Take advantage of Clapp’s platform to trade a broad range of cryptocurrencies. Immediate execution without the hassle of multiple accounts.
Diversify Investments
Use crypto as a stable core component in your diverse asset mix. Backtest and adjust your strategies with Clapp's analysis tools.