Frax on BNB Chain
FRAX / BUSD
Price: $0.6678
Token: 0x29ced01c447166958605519f10dcf8b0255fb379
Pair: 0xef0a74db16222fa59b25f363d97b1f5705c61afd
Links
Token: 0x29ced01c447166958605519f10dcf8b0255fb379
Pair: 0xef0a74db16222fa59b25f363d97b1f5705c61afd
Price
$0.6678
Change 24h
-
0.08%
High 24h
$0.6683
Low 24h
$0.6678
Market cap
$82.21K
Volume 24h
$5.43
Liquidity
$38.03K
Tax
0%
Holders
330
Added to BNB
4 years ago
Updated: 2025-1-15 13:37 UTC
Created: 2021-4-13 18:54 UTC
Pressure
Introducing Frax (FRAX): A New Arrival on the BNB Chain
Welcome to the detailed profile of Frax (FRAX), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Frax (FRAX) was launched with the intent to join the thriving BNB Chain ecosystem.
This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.
At NewCoinHub, we provide up-to-date and comprehensive data about Frax (FRAX) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.
Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.
Read on to learn more about Frax (FRAX) and find answers to some frequently asked questions.
Token description
Frax is a new paradigm in stablecoin design, bringing together a two-token seigniorage share system, swap-based monetary policy, fully on-chain oracles, and decentralized governance alongside its fractional-algorithmic stablecoin design.
Token overview
What is Frax (FRAX)?
Frax (FRAX) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.
What is the price of Frax today?
As of our latest update, the current price of one Frax (FRAX) is approximately $0.6678. Please note that cryptocurrency prices are extremely volatile and can change rapidly.
How do I buy Frax?
You can purchase Frax (FRAX) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of Frax.
What is Frax smart contract address?
The smart contract address for Frax (FRAX) is 0x29ced01c447166958605519f10dcf8b0255fb379. Always verify smart contract addresses before making transactions to avoid scams.
What is the Frax Market Cap Today?
The market cap of Frax (FRAX) as of today is $82,210.44. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.
What is the last 24h Frax trading volume?
The trading volume of Frax (FRAX) in the last 24 hours was $5.43. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.
How much liquidity does Frax have?
As of now, the liquidity of Frax (FRAX) is $38,028.05. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.
How many people are holding Frax?
Currently, there are 330 holders of Frax (FRAX). This number refers to the total count of unique addresses holding at least some amount of Frax.
Frequently asked questions
What is a Newly Launched Crypto Token?
A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.
What is the BNB Chain?
The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.
What is PancakeSwap?
PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.
What is a smart contract address?
A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.
What does token liquidity mean?
Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.
What does token trading volume mean?
Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.
What is a token holder?
A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.
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