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How to buy Frax USD (FRXUSD)

Frax USD Price (24H)
$0.999838
+0.05%
View Frax USD (FRXUSD)

Buy Frax USD (FRXUSD) in 3 easy steps

Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.

How to Buy Frax USD (FRXUSD) on LBank – Step-by-Step Guide

Before you begin, decide how you’d like to pay:

Pay with fiat

If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Frax USD (FRXUSD). LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.

Pay with other cryptocurrencies

If you already hold other cryptocurrencies, you can trade them for Frax USD (FRXUSD) on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Frax USD (FRXUSD).

LBank supports multiple payment methods

You can use the following payment methods to purchase Frax USD (FRXUSD) on LBank:
Debit card
Credit / Debit Card
Paypal
Apple Pay
Google Pay

Mobile app guide

1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”

Desktop guide

1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Frax USD (FRXUSD) you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”

P2P Trading

Buy Sell
Merchant
Price
Amount ｜ Limit
Payment Method
Action
1.002 USD
701.66 USDT
500.000 - 700.000USD
Wing Money
True Money (Cambodia)
ABA (Cambodia)
1.003 USD
14,936.24 USDT
50.000 - 5,000.000USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
1.003 USD
1,000.00 USDT
100.000 - 750.000USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
More quotes

What is Frax USD (FRXUSD)?

Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.

Is Frax USD (FRXUSD) a good investment?

Whether Frax USD (FRXUSD) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.

Before investing in Frax USD (FRXUSD) or any cryptocurrency, consider the following:

Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Buy Frax USD (FRXUSD) in 3 easy stepsHow to Buy Frax USD (FRXUSD) on LBank – Step-by-Step GuideP2P TradingWhat is Frax USD (FRXUSD)?Is Frax USD (FRXUSD) a good investment?ROI calculatorWhat can you do with Frax USD (FRXUSD)?Why is LBank the best platform to buy Frax USD (FRXUSD)?Where is the best place to store Frax USD (FRXUSD)?News sectionFrax USD (FRXUSD) FAQHow to buy other crypto assets

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Buy Frax USD (FRXUSD)

FRXUSD / USDT
$0.999838
+0.05%24H
Today's real-time price of Frax USD (FRXUSD) is $0.999838, with a 24-hour trading volume of $13.453M. We update FRXUSD to USD price in real-time. The 24-hour market performance of FRXUSD is
+0.05%
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Buying Frax USD (FRXUSD) in other countries?

No matter where you are, as long as you can use LBank, you can easily buy Frax USD with the lowest fees and the highest security. Select your country in the search box below to start buying Frax USD in your preferred location:
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Customer Support Team

Just Now

Dear LBank User

Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.

If you need assistance, please contact us via email and we will reply as soon as possible.

Thank you for your understanding and patience.

LBank Customer Support Team