How and where to buy f(x) Protocol cryptocurrency
The f(x) Protocol cryptocurrency is incredibly difficult to purchase, due to a lack of exchanges which list it. There's only one trading platform with 2 pairs. Detailed information see above.
Where to buy f(x) Protocol
Step 1You need an account with a cryptocurrency exchange that supports Fxn crypto. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Curve (Ethereum) | ?? / ?? | LOW | No | $4344 |
Transfer or buy with P2P one of this coins: 0XC02A... or 0X365A....
Step 3Open spot on exchange and type the coin name in search line. Select from available trading pairs, then set order and push Buy FXN button.
Congratulations!
After clicking "buy" button, the f(x) Protocol coin will be deposited in your account on the crypto exchange. Remember that only transferring your coins off trading platform into offline wallet such as Trezor T or Ledger Nano, you help better protect your finances. Not only does this shorten your risk if your trading platform or account gets cracked, but if you move to offline hardware wallet, your f(x) Protocol crypto turn into almost unhackable. Only con is, generally have to pay a small withdrawal fee to move your tokens off of the trading platform.
What is f(x) Protocol
What is the project about? f(x) Protocol creates two new ETH derivative assets, one with stablecoin-like low volatility and the second a leveraged long ETH perpetual token. These tokens are created by separating ETH collateral into a lower-volatility token named fETH, and a higher-volatility token named xETH. What makes your project unique? f(x) Protocol is bult with the aim of creating a symbiotic system that decomposes ETH into two useful tokens. For fETH, the goal is to produce a low volatility token which: Is fully decentralized and Ethereum-native; Minimizes volatility while retaining a small exposure to the market; Can be minted and redeemed instantly in direct response to stablecoin demand; Has maximum liquidity depth based on a multiple of demand for xETH, rather than a fraction of demand for CDPs. Specifically for xETH, we create a leveraged long ETH token which: Is fully decentralized and Ethereum-native; Is composable, with liquidity on-chain; Has extremely low risk of liquidation. What can your token be used for? f(x) will adopt ve tokenomics. Locking FXN will receive veFXN
Video Review
f(x) Protocol: The ETH Purist Stablecoin and Leverage Token
Statistics and Externals
Concepts of hashing algorithms not applicable to f(x) Protocol crypto.
Price and supply
The current total supply is 1.1 million, with a circulating supply of 64938.379739429 FXN as of Nov 2024. The maximum supply in the lifetime of the f(x) Protocol is 2000000.
The price of f(x) Protocol cryptocurrency is $93.72 as of 03:46 PM. The price went up on 5.29972% over the past 24 hours. The recent price action left the token's market capitalization at 6.1 millions united states dollars. So far previous 30 days, the f(x) Protocol token increased on 47.8%.
FAQ
What exchange can I buy Fxn token?
Fxn cryptocurrency can be bought from one trading platform. Some of them: Curve (Ethereum).
Is f(x) Protocol a good investment?
The Fxn is very risky asset that can lost value. Because of high volatility of all Blockchain based assets you bear in mind: you can lose all of your invested funds, unexpected changes in market can lead to sharp and sudden moves in price and learn the risks before you start trading. But on the other hand of that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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