Dear Respected Users,
Hotbit is scheduled to list FRAX (Frax) on Global Section and launch【Hotbit’s FRAX Investment Product】
Expected Rate Of Annualized Return:10%(The rate of interest is determined by the daily updates of Hotbit’s official website);Redemption Period:T+1
Deposit function launches at: 2020.12.25 08:00 AM UTC
Trading function launches at: 2020.12.25 10:00 AM UTC
Trading Pairs: FRAX/USDT, FRAX/BTC
Warm tips: FRAX is a stable token based on the Defi decentralized algorithm, with the target price of 1 USD. Please invest carefully after detailed understanding, and do not chase high, so as to avoid losses.
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.15% of the trading volume of his/her maker order as reward on Global Section!】
Project Name:Frax
Abbreviation: FRAX
Project Introduction:
The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
Token type: ERC-20
Total supply: 24,727,947.234870747413293811 FRAX
Official Website:https://frax.finance
Contract Address: https://cn.etherscan.com/address/0x853d955aCEf822Db058eb8505911ED77F175b99e
Risk warning
The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.
Thank you for your support!
Yours truly
Hotbit Team
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