{"id":1626,"date":"2021-08-10T04:48:10","date_gmt":"2021-08-10T04:48:10","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=1626"},"modified":"2021-08-10T04:49:10","modified_gmt":"2021-08-10T04:49:10","slug":"how-to-buy-frax","status":"publish","type":"page","link":"https:\/\/deficoins.io\/how-to-buy-frax","title":{"rendered":"How to Buy Frax: Invest in FRAX Tokens Today!"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Frax is an open-source Defi coin with likely cross-chain implementations in the future. It is also a permissionless on-chain coin that is presently executed on Ethereum. An objective of the Frax protocol is to give decentralized, expansible, algorithmic money instead of fixed-supply cryptocurrencies like Bitcoin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before the inception of Frax, stablecoins were classified into three different categories: fiat-based, cryptocurrency, and algorithmic with no collateral. Frax is the first type of Defi coin to distinguish itself as fractional-algorithmic, bringing in the fourth and most unique category.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this guide, you will have everything you need to know on how to buy Frax.\u00a0<\/span><\/p>\n<div id=\"toc_container\" class=\"no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#How_to_Buy_FraxQuickfire_Walkthrough_to_Buy_Frax_Tokens_in_Less_Than_10_Minutes\"><span class=\"toc_number toc_depth_1\">1<\/span> How to Buy Frax\u2014Quickfire Walkthrough to Buy Frax Tokens in Less Than 10 Minutes<\/a><\/li><li><a href=\"#How_to_Buy_Frax_OnlineFull_Step-By-Step_Walkthrough\"><span class=\"toc_number toc_depth_1\">2<\/span> How to Buy Frax Online\u2014Full Step-By-Step Walkthrough<\/a><ul><li><a href=\"#Step_1_Download_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.1<\/span> Step 1: Download Trust Wallet\u00a0<\/a><\/li><li><a href=\"#Step_2_Fund_Your_Trust_Wallet\"><span class=\"toc_number toc_depth_2\">2.2<\/span> Step 2: Fund Your Trust Wallet<\/a><ul><li><a href=\"#Send_Cryptocurrency_from_an_External_Wallet\"><span class=\"toc_number toc_depth_3\">2.2.1<\/span> Send Cryptocurrency from an External Wallet<\/a><\/li><li><a href=\"#Fund_your_Trust_Wallet_using_your_DebitCredit_Card\"><span class=\"toc_number toc_depth_3\">2.2.2<\/span> Fund your Trust Wallet using your Debit\/Credit Card<\/a><\/li><\/ul><\/li><li><a href=\"#Step_3_Buy_Frax_through_Pancakeswap\"><span class=\"toc_number toc_depth_2\">2.3<\/span> Step 3: Buy Frax through Pancakeswap<\/a><\/li><li><a href=\"#Step_4_How_to_Sell_Frax\"><span class=\"toc_number toc_depth_2\">2.4<\/span> Step 4: How to Sell Frax<\/a><\/li><\/ul><\/li><li><a href=\"#Where_to_Buy_Frax_Online\"><span class=\"toc_number toc_depth_1\">3<\/span> Where to Buy Frax Online<\/a><ul><li><a href=\"#PancakeswapBuy_Frax_through_a_Decentralized_Exchange\"><span class=\"toc_number toc_depth_2\">3.1<\/span> Pancakeswap\u2014Buy Frax through a Decentralized Exchange<\/a><\/li><\/ul><\/li><li><a href=\"#Ways_to_Buy_Frax\"><span class=\"toc_number toc_depth_1\">4<\/span> Ways to Buy Frax<\/a><ul><li><a href=\"#Buy_Frax_with_Cryptocurrency\"><span class=\"toc_number toc_depth_2\">4.1<\/span> Buy Frax with Cryptocurrency\u00a0<\/a><\/li><li><a href=\"#Buy_Frax_with_DebitCredit_Card\"><span class=\"toc_number toc_depth_2\">4.2<\/span> Buy Frax with Debit\/Credit Card<\/a><\/li><\/ul><\/li><li><a href=\"#Should_I_Buy_Frax\"><span class=\"toc_number toc_depth_1\">5<\/span> Should I Buy Frax?<\/a><ul><li><a href=\"#A_Decentralized_Protocol_with_Governance_On-chain\"><span class=\"toc_number toc_depth_2\">5.1<\/span> A Decentralized Protocol with Governance On-chain<\/a><\/li><li><a href=\"#First_to_Launch_the_Fractional-Algorithmic_Hybrid_Design\"><span class=\"toc_number toc_depth_2\">5.2<\/span> First to Launch the Fractional-Algorithmic Hybrid Design<\/a><\/li><li><a href=\"#Taking_Advantage_of_the_Dip\"><span class=\"toc_number toc_depth_2\">5.3<\/span> Taking Advantage of the Dip<\/a><\/li><li><a href=\"#Frax_Price_Prediction\"><span class=\"toc_number toc_depth_2\">5.4<\/span> Frax Price Prediction<\/a><\/li><\/ul><\/li><li><a href=\"#Risks_of_Buying_Frax\"><span class=\"toc_number toc_depth_1\">6<\/span> Risks of Buying Frax<\/a><\/li><li><a href=\"#Best_Frax_Wallets\"><span class=\"toc_number toc_depth_1\">7<\/span> Best Frax Wallets<\/a><ul><li><a href=\"#Trust_WalletOverall_Best_Frax_Wallet\"><span class=\"toc_number toc_depth_2\">7.1<\/span> Trust Wallet\u2014Overall Best Frax Wallet<\/a><\/li><li><a href=\"#Ledger_Nano_SLeading_Hardware_Frax_Wallet\"><span class=\"toc_number toc_depth_2\">7.2<\/span> Ledger Nano S\u2014Leading Hardware Frax Wallet<\/a><\/li><li><a href=\"#Defi_WalletBest_Non-Custodial_Frax_Wallet\"><span class=\"toc_number toc_depth_2\">7.3<\/span> Defi Wallet\u2014Best Non-Custodial Frax Wallet<\/a><\/li><\/ul><\/li><li><a href=\"#How_to_Buy_FraxBottom_Line\"><span class=\"toc_number toc_depth_1\">8<\/span> How to Buy Frax\u2014Bottom Line<\/a><\/li><li><a href=\"#Buy_Frax_Now_via_Pancakeswap\"><span class=\"toc_number toc_depth_1\">9<\/span> Buy Frax Now via Pancakeswap<\/a><\/li><li><a href=\"#FAQs\"><span class=\"toc_number toc_depth_1\">10<\/span> FAQs<\/a><\/li><li><a href=\"#How_much_is_Frax\"><span class=\"toc_number toc_depth_1\">11<\/span> How much is Frax?<\/a><\/li><li><a href=\"#Is_Frax_a_good_buy\"><span class=\"toc_number toc_depth_1\">12<\/span> Is Frax a good buy?<\/a><\/li><li><a href=\"#What_is_the_minimum_Frax_tokens_you_can_buy\"><span class=\"toc_number toc_depth_1\">13<\/span> What is the minimum Frax tokens you can buy?<\/a><\/li><li><a href=\"#What_is_the_Frax_all-time_high\"><span class=\"toc_number toc_depth_1\">14<\/span> What is the Frax all-time high?<\/a><\/li><li><a href=\"#How_do_you_buy_Frax_tokens_using_a_debit_card\"><span class=\"toc_number toc_depth_1\">15<\/span> How do you buy Frax tokens using a debit card?<\/a><\/li><li><a href=\"#How_many_Frax_tokens_are_there\"><span class=\"toc_number toc_depth_1\">16<\/span> How many Frax tokens are there?<\/a><\/li><\/ul><\/div>\n<h2><span id=\"How_to_Buy_FraxQuickfire_Walkthrough_to_Buy_Frax_Tokens_in_Less_Than_10_Minutes\"><strong>How to Buy Frax\u2014Quickfire Walkthrough to Buy Frax Tokens in Less Than 10 Minutes<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Frax is a decentralized finance coin, and just like others, it is best to buy through Pancakeswap. This is a top DEX on the Binance Smart Chain (BSC). The Decentralized exchange permits you to buy Defi coin like Frax without the need for a third party.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Follow the steps below to buy Frax tokens in under 10 minutes.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 1: Get a Trust Wallet: <\/b><span style=\"font-weight: 400;\">This is the best wallet to keep digital assets and connect use Pancakeswap effortlessly. It is a mobile wallet and can be installed on your smartphone.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 2:<\/b> <b>Search for Frax: <\/b><span style=\"font-weight: 400;\">Open your Trust Wallet and locate the search icon and input \u2018Frax.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 3:<\/b> <b>Fund your Trust Wallet: <\/b><span style=\"font-weight: 400;\">For you to successfully buy Frax tokens, you need to credit your wallet with cryptocurrency. You can either send cryptocurrency from an external wallet or buy directly with your debit\/credit card.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 4:<\/b> <b>Connect to Pancakeswap: <\/b><span style=\"font-weight: 400;\">Still on the Trust Wallet app, click on \u2018DApps.\u2019 Select Pancakeswap and click \u2018Connect\u2019 to continue.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Step 5:<\/b> <b>Buy Frax: <\/b><span style=\"font-weight: 400;\">After connecting Pancakeswap to your Trust Wallet, you can proceed to purchase Frax. Select \u2018Exchange\u2019 and continue by choosing the cryptocurrency you want to swap for Frax. Input the quantity of Frax tokens you want to purchase. Click on \u2018Swap\u2019 to complete the process.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Frax token goes straight into your Trust Wallet where it is kept safe until you\u2019re ready to trade your coin. Also, you can use Trust Wallet to trade your Frax and any digital token of your choice.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy FRAX Now<\/span><\/a><\/div><\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/span><\/i><\/p>\n<h2><span id=\"How_to_Buy_Frax_OnlineFull_Step-By-Step_Walkthrough\"><strong>How to Buy Frax Online\u2014Full Step-By-Step Walkthrough<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The condensed tutorial above might be a little confusing if you are a newbie to the cryptocurrency market or decentralized exchange arena. With that in mind, we offer a breakdown of each step, taking you through how to buy Frax tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is the full step-by-step walkthrough on how to buy Frax tokens.<\/span><\/p>\n<h3><span id=\"Step_1_Download_Trust_Wallet\"><strong>Step 1: Download Trust Wallet\u00a0<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Trust Wallet is a leading storage option in the cryptocurrency market. It allows you to earn interest on and trade the cryptocurrency in your wallet without exiting the app. The wallet also permits you to track charts and prices within the app and keeps your cryptocurrency safe from hackers and scammers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Likewise, it allows for a seamless connection and interaction with decentralized applications like Pancakeswap. This is a decentralized exchange that enables you to swap one Defi coin for another.\u00a0<\/span><\/p>\n<p><img  decoding=\"async\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-06.13.08.png\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It is available for download on your mobile device via Google Playstore or Appstore as it is a software wallet. Furthermore, Trust Wallet allows for privacy as no personal data is collected.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You only have to go through a few steps to set up your wallet and memorize your login information. Also, you will be given a 12-word passphrase fit for use when you misplace your phone or forget your pin.<\/span><\/p>\n<h3><span id=\"Step_2_Fund_Your_Trust_Wallet\"><strong>Step 2: Fund Your Trust Wallet<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Owing to the fact that you\u2019ve just set up your wallet, it is going to be empty. The second thing to do is to credit your wallet. It\u2019s this cryptocurrency that you will exchange for Frax when it is time to buy the coin. There are two ways which you can use to fund your Trust Wallet:<\/span><\/p>\n<h4><span id=\"Send_Cryptocurrency_from_an_External_Wallet\"><strong>Send Cryptocurrency from an External Wallet<\/strong><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This is the quickest way to fund your Trust Wallet but it can only be used when you have digital assets in an external wallet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are the steps below.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On your Trust Wallet app, select \u2018Receive.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Send the digital token you want to send into your Trust Wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will receive a unique wallet address. This is the address that will be needed when you want to send from the external wallet.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Go to the external wallet and select \u2018Send.\u2019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Paste the unique address copied from your Trust Wallet.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Input the amount of digital tokens you want to send. Proceed to end the transaction.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Your Trust Wallet will be credited with the cryptocurrency on the go.\u00a0<\/span><\/p>\n<h4><span id=\"Fund_your_Trust_Wallet_using_your_DebitCredit_Card\"><strong>Fund your Trust Wallet using your Debit\/Credit Card<\/strong><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This is recourse for when you don\u2019t have cryptocurrency in an external wallet. Trust Wallet grants you access to buy cryptocurrency using your debit\/credit card.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are the steps.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Locate and select \u2018Buy\u2019 from the top of your Trust Wallet app.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once the page loads, you will see all the tokens you can purchase with your card.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pick a token of your choice. It is best to go for Binance Coin or any other well-known digital token like Bitcoin or Ethereum.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will be required to go through a Know Your Customer (KYC) process.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This is needed because you are trading with fiat money.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once you are done with the KYC process, input your card details and the amount of cryptocurrency you want to buy.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">End by confirming your transaction.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In a short while, the cryptocurrency will be sent to your Trust Wallet.\u00a0<\/span><\/p>\n<h3><span id=\"Step_3_Buy_Frax_through_Pancakeswap\"><strong>Step 3: Buy Frax through Pancakeswap<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you have successfully funded your Trust Wallet, the next thing is to buy Frax through Pancakeswap. The first thing is to connect Pancakeswap to your Trust and proceed to buy Frax by swapping with the cryptocurrency you already have in your wallet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"aligncenter wp-image-1059 size-full\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28.png\" alt=\"\" width=\"390\" height=\"602\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28.png 390w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-10-09.19.28-194x300.png 194w\" sizes=\"(max-width: 390px) 100vw, 390px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is how to buy Frax through Pancakeswap.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Connect Pancakeswap to your Trust Wallet. This is done by clicking on \u2018DApps\u2019 and selecting Pancakeswap on your Trust Wallet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on \u2018Connect\u2019 to continue.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select \u2018DEX\u2019 on the Pancakeswap page.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on the \u2018Swap\u2019 tab.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After, the \u2018You Pay\u2019 and \u2018You Get\u2019 tabs will be displayed.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pick the token you are trading with on the You Pay tab. It should be the token you already have in an external wallet.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select \u201cFrax\u201d on the You Get tab.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shortly, you will see the equivalent Frax token you will have in return for the amount of cryptocurrency you paid with.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on \u2018Swap\u2019 to finish the transaction.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Check your Trust Wallet to see your Frax tokens already there.\u00a0<\/span><\/p>\n<h3><span id=\"Step_4_How_to_Sell_Frax\"><strong>Step 4: How to Sell Frax<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After buying the Frax token, you will definitely want to make a profit off it. Since you have to sell your digital asset to realize its value, it is important to understand the process required accordingly.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you want to exchange Frax for a different digital asset, you can use Pancakeswap. All you are required to do is swap it for another cryptocurrency, as explained in Step 3.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you want to earn cash in return for your Frax token, you will have to trade it elsewhere. This can be done on a third-party token exchange like Binance.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Note that to trade on a third-party exchange, you will have to undergo a KYC process.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<h2><span id=\"Where_to_Buy_Frax_Online\"><strong>Where to Buy Frax Online<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are several platforms that allow you to buy Frax tokens online. But, if you are looking for an easy-to-use platform that allows for a seamless purchase, the best place is a decentralized exchange like Pancakeswap.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are the reasons why Pancakeswap is the best choice when you want to buy Frax.\u00a0<\/span><\/p>\n<h3><span id=\"PancakeswapBuy_Frax_through_a_Decentralized_Exchange\"><strong>Pancakeswap\u2014Buy Frax through a Decentralized Exchange<span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 alignright\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Pancakeswap is a decentralized exchange that grants you access to trade digital tokens without needing a centralized intermediary. It is constructed on automated smart contracts implemented on Binance Smart Chain. Despite that Binance runs a centralized exchange service, it does not manage Pancakeswap, because anonymous developers built the DEX.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The service resembles and feels like the well-known Ethereum DEX, Uniswap. Pancakeswap is explicitly used for BEP-20 tokens working on Binance Smart Chain. However, it is feasible to transfer tokens from other platforms through Binance Bridge and \u201cwrap\u201d them as a BEP-20 token for usage on the DEX.<\/span><\/p>\n<p><img  decoding=\"async\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/Screenshot-2021-07-05-07.11.14.png\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Like many other DEX\u2019s, Pancakeswap is constructed on an Automated Market Maker (AMM) mechanism, which depends on user-fueled liquidity pools to allow cryptocurrency trades. However, instead of trading with an order book and looking for someone else to swap your tokens with, the system allows users to lock their cryptocurrency into a liquidity pool via smart contracts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will enable you to make the swap of your choice, and users who store their coins in the collection earn rewards. Pancakeswap is part of the rising DeFi services that enable cryptocurrency traders to sell tokens without a third party. This allows you to spend less on exchange fees. As a result, Pancakeswap is one of the largest DEXs on the Binance Smart Chain and thus &#8211; the best platform to buy Frax tokens.<\/span><\/p>\n<p><b>Pros:<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"su-list\" style=\"margin-left:0px\"><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exchange cryptocurrencies in a decentralized manner<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No need to use a third party when trading cryptocurrency<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supports a sizable number of digital tokens<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Permits you to earn interest on your idle digital assets<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sufficient levels of liquidity &#8211; even on smaller tokens<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prediction and lottery games<div class=\"su-list\" style=\"margin-left:0px\"><\/div><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><\/div><\/span><\/p>\n<p><b>Cons:<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"su-list\" style=\"margin-left:0px\"><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Might appear confusing at first glance for newbies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Does not allow fiat payments directly<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><\/div><\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy FRAX Now<\/span><\/a><\/div><\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.\u00a0<\/span><\/i><\/p>\n<h2><span id=\"Ways_to_Buy_Frax\"><strong>Ways to Buy Frax<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are several ways to buy Frax. The one you pick depends on the type of cryptocurrency exchange you want or the method of payment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The best ways to buy Frax are explained below.<\/span><\/p>\n<h3><span id=\"Buy_Frax_with_Cryptocurrency\"><strong>Buy Frax with Cryptocurrency\u00a0<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can buy Frax with a different digital token if you already have them in an external wallet. Then, all you are required to do is send the cryptocurrency into your Trust Wallet and swap for Frax using Pancakeswap. Trust wallet allows you to connect to Pancakeswap swiftly and conveniently.<\/span><\/p>\n<h3><span id=\"Buy_Frax_with_DebitCredit_Card\"><strong>Buy Frax with Debit\/Credit Card<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you want to buy Frax using your debit\/credit card, you can either use a centralized or decentralized exchange.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A centralized exchange allows you to buy Frax directly.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">However, using a decentralized exchange like Pancakeswap comes with much convenience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All you have to do is to first buy another digital token and then swap for Frax.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Trust Wallet permits you to buy cryptocurrency using your debit\/credit card.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Connect to Pancakeswap and exchange the cryptocurrency for Frax.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Note that you have to undergo a KYC process because you are trading with fiat money.<\/span><\/p>\n<h2><span id=\"Should_I_Buy_Frax\"><strong>Should I Buy Frax?<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There will come a time when you will ask the question of whether to buy Frax, especially if this coin picks your interest. Of course, it is customary to ask such a question. But, it is best answered by <\/span><i><span style=\"font-weight: 400;\">you<\/span><\/i><span style=\"font-weight: 400;\"> after doing thorough personal research.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will give you time to consider the benefits and shortcomings of Frax and make an informed decision. To help your decision, the points below will offer you a more in-depth understanding of what to look out for when researching Frax.\u00a0<\/span><\/p>\n<h3><span id=\"A_Decentralized_Protocol_with_Governance_On-chain\"><strong>A Decentralized Protocol with Governance On-chain<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The Frax Protocol is a community-driven and specially designed stablecoin. Over 60% of the supply of FXS is issued over several years to yield farmers and liquidity providers. It is a protocol with total decentralization and a governance on-chain.<\/span><\/p>\n<p><img  decoding=\"async\" class=\"alignnone size-full wp-image-1678\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1.jpg\" alt=\"\" width=\"1743\" height=\"755\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1.jpg 1743w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1-300x130.jpg 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1-1024x444.jpg 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1-768x333.jpg 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/frax-chart-1-1536x665.jpg 1536w\" sizes=\"(max-width: 1743px) 100vw, 1743px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The amount of the Frax Shares (FXS) tokens is hard-capped to 100 million at inception with no inflation plan in the protocol. FXS is the governance token that ensues all new-minted FRAX and excess collateral.\u00a0<\/span><\/p>\n<h3><span id=\"First_to_Launch_the_Fractional-Algorithmic_Hybrid_Design\"><strong>First to Launch the Fractional-Algorithmic Hybrid Design<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The Frax Protocol was built by an American software developer, Sam Kazemian, who brought up the first approach of a fractional-algorithmic stablecoin in 2019. <\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Sam Kazemian came up with the idea when he noticed that stablecoins were multiplying, but none had any merger of algorithmic monetary systems and collateralization.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Moreover, projects that had complete algorithmic monetary policy had failed or closed up without any notable traction. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">So, Frax was constructed to quantify the market\u2019s confidence in a somewhat algorithmic and partly collateralized stablecoin. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This distinct value proposition may constitute a thing of value to investors, which stands the chance of impacting the coin\u2019s value.<\/span><\/p>\n<h3><span id=\"Taking_Advantage_of_the_Dip\"><strong>Taking Advantage of the Dip<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Frax had an all-time low of $0.78 on February 23, 2021. The coin had an all-time high of $1.14 on June 23, 2021. This means that someone who had invested when it was at its lowest would have had an increase of about 46% at its peak. This is not a small increase, especially if you have high investments in Frax.<\/span><\/p>\n<p><img  decoding=\"async\" class=\"alignnone size-full wp-image-1679\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1.jpg\" alt=\"\" width=\"1815\" height=\"573\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1.jpg 1815w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1-300x95.jpg 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1-1024x323.jpg 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1-768x242.jpg 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/08\/FRX-PRICE-1-1536x485.jpg 1536w\" sizes=\"(max-width: 1815px) 100vw, 1815px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing in early August 2021, Frax is worth $1 per token. Compared against its all-time high worth, this implies that entering the market at $1 comes at a discount of about 12%.<\/span><\/p>\n<h3><span id=\"Frax_Price_Prediction\"><strong>Frax Price Prediction<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Frax is a highly unpredictable and speculative digital token, just like other cryptocurrencies. Its worth is profoundly driven by market speculations, making its predictions mostly unfounded.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You will come across numerous so-called prediction specialists on the internet with no actual record to back their forecasts. As such, base your Frax buying decision on personal research other than online predictions.<\/span><\/p>\n<h2><span id=\"Risks_of_Buying_Frax\"><strong>Risks of Buying Frax<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It is best to look into the risks associated with buying Frax tokens. Like other digital assets, the major risk is the rise and fall of its worth in the cryptocurrency market. If you choose to cash out when the price goes below the amount you bought, you will experience a loss.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is why you require taking a risk-averse approach to Frax.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Keep your stakes reasonable.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy Frax in minor but frequent amounts. This is called the dollar-cost averaging strategy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increase your digital token portfolio by investing in other Defi coin.<\/span><\/li>\n<\/ul>\n<h2><span id=\"Best_Frax_Wallets\"><strong>Best Frax Wallets<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You wouldn\u2019t have completely learned how to buy Frax without knowing the best wallets to store the coin. Once you have purchased your Frax tokens, a wallet will be needed for you to keep them safe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> To do this, you will want to choose a wallet that will offer you a great combination of safety and convenience. Below is a pick of the best Frax wallets in the market.<\/span><\/p>\n<h3><span id=\"Trust_WalletOverall_Best_Frax_Wallet\"><strong>Trust Wallet\u2014Overall Best Frax Wallet<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Trust is the overall best Frax wallet in the cryptocurrency market. Being a software wallet, you can download it on your iOS or Android devices via Google Playstore or Appstore. Also, it is easy to use and enables you to buy and sell Frax without exiting the app.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You just have to link it to Pancakeswap\u2014the best DEX\u2014and make the exchange. The wallet also permits you to follow the chart and price of Frax on the app<\/span><\/p>\n<h3><span id=\"Ledger_Nano_SLeading_Hardware_Frax_Wallet\"><strong>Ledger Nano S\u2014Leading Hardware Frax Wallet<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Ledger Nano S is a wallet that stores your private keys in a protected and secure hardware device.\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">The wallet allows you to buy, sell, maintain, and exchange your Frax using a single app through your tablet, desktop, and smartphone. The wallet supports above 1500 tokens.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Ledger\u2019s high-level technology for hardware wallets guarantees the highest level of protection for your cryptocurrencies. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">The wallet merges a proprietary Operating System and Secure Element that are created to safeguard your assets. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In addition, Ledger Nano S gives you the power to manage and own your private keys.<\/span><\/p>\n<h3><span id=\"Defi_WalletBest_Non-Custodial_Frax_Wallet\"><strong>Defi Wallet\u2014Best Non-Custodial Frax Wallet<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Defi Wallet is a non-custodial wallet for your Frax tokens that allows you to use numerous decentralized services. The wallet gives you total control over your keys and cryptocurrencies, while efficiently managing over 100 digital coins such as BTC, LTC, and more ERC20 tokens.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The wallet makes you enjoy the advantage of great returns without lock-up terms. Moreover, you can farm DeFi tokens and exchange them instantly using the DeFi Wallet. It gives Liquidity Providers the advantage of Swap-fee and Bonus Yield sharing for selected pools. <\/span><span style=\"font-weight: 400;\">DeFi Wallet also assists you to improve your yields by up to 20x.\u00a0<\/span><\/p>\n<h2><span id=\"How_to_Buy_FraxBottom_Line\"><strong>How to Buy Frax\u2014Bottom Line<\/strong><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On a concluding note, the steps involved in how to buy Frax are best achieved through a decentralized exchange platform like Pancakeswap. Furthermore, you can buy Frax through Pancakeswap using Trust Wallet\u2014the best option that allows for comfort and convenience. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trust Wallet also enables you to buy cryptocurrency via your debit\/credit card. <\/span><span style=\"font-weight: 400;\">Make sure you do enough research before you buy Frax tokens, and do not base your choices on online predictions. Knowing all of this, you have learned how to buy Frax in a safe and simple way.<\/span><\/p>\n<h2 style=\"text-align: center;\"><span id=\"Buy_Frax_Now_via_Pancakeswap\">Buy Frax Now via Pancakeswap<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img  decoding=\"async\" class=\"size-medium wp-image-998 aligncenter\" src=\"data:image\/gif,GIF89a%01%00%01%00%80%00%00%00%00%00%FF%FF%FF%21%F9%04%01%00%00%00%00%2C%00%00%00%00%01%00%01%00%00%02%01D%00%3B\" data-layzr=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png\" alt=\"\" width=\"300\" height=\"46\" data-layzr-srcset=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-300x46.png 300w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1024x158.png 1024w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-768x119.png 768w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-1536x238.png 1536w, https:\/\/deficoins.io\/wp-content\/uploads\/2021\/07\/60a4784dad8d3b87e52301b2_Asset-1@2560x-2048x317.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/deficoins.io\/buy-token\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy FRAX Now<\/span><\/a><\/div>\n<p style=\"text-align: center;\"><i>Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.<\/i><\/p>\n<h2><span id=\"FAQs\"><span style=\"font-weight: 400;\">FAQs<\/span><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_much_is_Frax\">How much is Frax?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tAt the time of writing in early August 2021, one Frax token is worth about $1.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"Is_Frax_a_good_buy\">Is Frax a good buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tIt is best to base your decision on adequate independent research as there are risks involved in buying Frax, just like other cryptocurrencies. So, while certain analyses and predictions may assert that the coin is a good buy, you should go more in-depth to understand the token\u2019s trajectory.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_minimum_Frax_tokens_you_can_buy\">What is the minimum Frax tokens you can buy?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tYou can buy as little as you desire because you can buy cryptocurrencies in small fractions. You can equally buy as much as you want.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"What_is_the_Frax_all-time_high\">What is the Frax all-time high?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tFrax last hit an all-time high on 23 June, 2021, when one Frax token was worth $1.14.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_do_you_buy_Frax_tokens_using_a_debit_card\">How do you buy Frax tokens using a debit card?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tTrust Wallet lets you buy digital tokens with your debit\/credit card if you do not have any cryptocurrency to hand. After purchasing the cryptocurrency you want to swap with, connect your Trust Wallet to Pancakeswap and proceed to buy Frax.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h2><span id=\"How_many_Frax_tokens_are_there\">How many Frax tokens are there?<\/span><\/h2>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tAt the time of writing in early August 2021, there is a maximum supply of over 131 million Frax tokens. The coin has a circulating supply of over 259 million tokens.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n<script type=\"application\/ld+json\">\n\t{\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How much is Frax?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"At the time of writing in early August 2021, one Frax token is worth about $1.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is Frax a good buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"It is best to base your decision on adequate independent research as there are risks involved in buying Frax, just like other cryptocurrencies. So, while certain analyses and predictions may assert that the coin is a good buy, you should go more in-depth to understand the token\u2019s trajectory.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the minimum Frax tokens you can buy?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"You can buy as little as you desire because you can buy cryptocurrencies in small fractions. You can equally buy as much as you want.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the Frax all-time high?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Frax last hit an all-time high on 23 June, 2021, when one Frax token was worth $1.14.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do you buy Frax tokens using a debit card?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Trust Wallet lets you buy digital tokens with your debit\/credit card if you do not have any cryptocurrency to hand. After purchasing the cryptocurrency you want to swap with, connect your Trust Wallet to Pancakeswap and proceed to buy Frax.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How many Frax tokens are there?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"At the time of writing in early August 2021, there is a maximum supply of over 131 million Frax tokens. The coin has a circulating supply of over 259 million tokens.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t\t\t]\n\t}\n<\/script>\n<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frax is an open-source Defi coin with likely cross-chain implementations in the future. It is also a permissionless on-chain coin that is presently executed on Ethereum. An objective of the Frax protocol is to give decentralized, expansible, algorithmic money instead of fixed-supply cryptocurrencies like Bitcoin.\u00a0 Before the inception of Frax, stablecoins were classified into three different categories: fiat-based, cryptocurrency, and algorithmic with no collateral. Frax is the first type of Defi coin to distinguish itself as fractional-algorithmic, bringing in the fourth and most unique category. With this guide, you will have everything you need to know on how to buy <\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Buy Frax Full April 2025 Guide | Buy FRAX Tokens Now!<\/title>\n<meta name=\"description\" content=\"Are you looking to buy FRAX tokens from the comfort of your home? 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