How to Exchange Frax (prev. FXS) (FRAX) for United States Dollar (USD) in Italy

To sell Frax (prev. FXS) for United States Dollar, first, find a cryptocurrency exchange that supports the FRAX/USD trading pair, such as Nexo, Kraken, Uphold or Crypto.com. Create an account, verify your identity, and deposit your FRAX into your exchange wallet. Locate the FRAX/USD pair on the trading platform and place a sell order to exchange your Frax (prev. FXS) for United States Dollar. If the FRAX/USD pair is unavailable, you can first sell Frax (prev. FXS) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.