77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Frax = 0.80789 GBP||1 000 GBP = 1,237.78751 FRAX|
|100 Frax = 80.78931 GBP||100 000 GBP = 123,778.75 FRAX|
|Currently in circulation: 1,004,141,409 FRAX||The maximum amount of FRAX in circulation: 1,004,141,409|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Frax price
|Current price||0.8079 GBP / 0.9976 USD / 0.9317 EUR|
|Total market value||810,576,951 GBP / 1,000,958,200 USD / 934,836,903 EUR|
|Price change in the last 24h||-0.24%|
|Price change in the last 7 days||-0.13%|
|Updated||May 30, 2023, 8.39 pm|
In the last 24h, the price of the cryptocurrency Frax has decreased by 0.24%. Overall, it can be said that there is a decreasing trend because the value of the cryptocurrency Frax has decreased by 0.13% in the last 7 days. The total market value of the cryptocurrency Frax as of Jan 12, 2022, is 1,000,958,200 USD (roughly 810,576,951 GBP), which makes it the 49th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: EOS | Edgecoin | Render Token
|Date||FRAX/USD||Price in GBP||Change in 24h|
|May 29, 2023||1.000 USD|
|May 28, 2023||1.003 USD|
|May 27, 2023||0.999 USD|
|May 26, 2023||0.999 USD|
|May 25, 2023||0.999 USD|
|May 24, 2023||0.999 USD|
|May 23, 2023||0.999 USD|
|May 22, 2023||0.998 USD|
|May 21, 2023||0.999 USD|
|May 20, 2023||0.998 USD|
|May 19, 2023||1.000 USD|
|May 18, 2023||1.001 USD|
|May 17, 2023||1.000 USD|
|May 16, 2023||0.999 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Frax in a day/week/month?
Predicting the FRAX price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Frax worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not FRAX is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.