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How to obtain FXS coins? Introduction to several methods of obtaining FXS coins
FXS tokens can be acquired through exchanges like Binance, earned through staking and yield farming, or obtained via airdrops and contributions to the Frax protocol.
Oct 02, 2024 at 09:17 am
How to Obtain FXS Coins: A Guide to Various Methods
1. Purchase FXS on Cryptocurrency Exchanges
- Binance
- Coinbase
- FTX
- Kraken
2. Stake FXS to Earn Rewards
- Deposit FXS into the Curve Finance liquidity pool.
- Participate in the Frax Share token (FXS) Liquidity Mining Program.
3. Earn FXS through Yield Farming
- Provide liquidity to DeFi protocols that offer FXS rewards.
- Examples include Element Finance and Balancer.
4. Participate in Airdrops and Giveaways
- Follow official FXS channels on social media and participate in promotional events.
- Sign up for airdrop list websites and submit proof of ownership of related assets, such as FRAX tokens.
5. Contribute to the Frax Protocol
- Develop code or contribute to the protocol's documentation.
- The team may award FXS tokens to contributors as a reward for their efforts.
6. Buy Fractionally Owned FXS
- Purchase small portions of FXS using fractional investment platforms like Yield App or MyConstant.
- This allows investors to gain exposure to the asset without needing to purchase a whole token.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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