How to Purchase Frax (prev. FXS) (FRAX) using BORGY ($BORGY)

To buy Frax (prev. FXS) using BORGY, first, find a cryptocurrency exchange that supports the FRAX/$BORGY trading pair. Create an account, verify your identity, and deposit your $BORGY into your exchange wallet. Locate the FRAX/$BORGY pair on the trading platform and place an order to exchange your BORGY for Frax (prev. FXS). If the FRAX/$BORGY pair is unavailable, you can first exchange BORGY 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.