How to Purchase Frax (prev. FXS) (FRAX) using 1000x by Virtuals (1000X)

To buy Frax (prev. FXS) using 1000x by Virtuals, first, find a cryptocurrency exchange that supports the FRAX/1000X trading pair. Create an account, verify your identity, and deposit your 1000X into your exchange wallet. Locate the FRAX/1000X pair on the trading platform and place an order to exchange your 1000x by Virtuals for Frax (prev. FXS). If the FRAX/1000X pair is unavailable, you can first exchange 1000x by Virtuals for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Frax (prev. FXS). Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.