Compare the Exchange Rates for FXS against BUSD
How to Purchase Frax (prev. FXS) (FRAX) Using Binance-Peg BUSD (BUSD) in China
To buy Frax (prev. FXS) using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the FRAX/BUSD trading pair. Create an account, complete the KYC process to verify your identity, and deposit your BUSD into your exchange wallet. Locate the FRAX/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Frax (prev. FXS). If the FRAX/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Frax (prev. FXS). Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Frax (prev. FXS) (FRAX) for Binance-Peg BUSD (BUSD) in the Chinese Market
To sell Frax (prev. FXS) for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the FRAX/BUSD trading pair. Create an account, complete the identity verification process, and deposit your FRAX into your exchange wallet. Locate the FRAX/BUSD pair on the trading platform and place a sell order to exchange your Frax (prev. FXS) for Binance-Peg BUSD. If the FRAX/BUSD pair is unavailable, you can first sell Frax (prev. FXS) for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
