Frax Share (FXS) to Chinese Yuan (CNY) exchange rate

Here, you’ll find the real-time exchange rate from FXS to CNY, making it easy for you to convert your crypto to cash.
FXSFXS
CNYCNY
1 Frax Share = 5.648 Chinese Yuan, 1 Chinese Yuan = 0.17705 Frax Share
¥5.648
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FXS/CNY close: -- Low: -- High: --

FXS/CNY currency info

Frax Share (FXS)
Frax Share (FXS) is the governance token of the Frax ecosystem, a unique stablecoin protocol that aims to provide a scalable and decentralized solution for digital currency stability. Unlike traditional stablecoins, Frax uses a fractional-algorithmic approach, combining collateralized and algorithmic mechanisms to maintain its value. FXS plays a crucial role in the ecosystem by allowing holders to participate in governance decisions, influencing the protocol's future developments and stability measures. This involvement empowers users to have a say in the evolution of the Frax ecosystem, making FXS an integral part of its innovative approach to stablecoin technology. As a new user, exploring FXS offers insight into how decentralized finance is reshaping the landscape of digital currencies.
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Chinese Yuan (CNY)
The CNY (Chinese Yuan), also known as the Renminbi (RMB), is the official currency of the People's Republic of China. It was introduced in 1948 by the People's Bank of China. The currency is subdivided into 10 jiao or 100 fen. Banknotes are available in denominations of 1, 5, 10, 20, 50, and 100 yuan, while coins are issued in 1 yuan, 5 jiao, and 1 jiao. The symbol for the yuan is ¥, and it plays a crucial role in the global economy, reflecting China's significant economic influence. The CNY is managed by the People's Bank of China, which oversees its monetary policy and exchange rate mechanisms.
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FXS/CNY exchange tables

FXSFXS to CNY
CNYCNY
1 FXS5.648 CNY
5 FXS28.24 CNY
10 FXS56.48 CNY
20 FXS112.96 CNY
50 FXS282.4 CNY
100 FXS564.81 CNY
1,000 FXS5,648.19 CNY
CNYCNY to FXS
FXSFXS
1 CNY0.17705 FXS
5 CNY0.88524 FXS
10 CNY1.770 FXS
20 CNY3.540 FXS
50 CNY8.852 FXS
100 CNY17.7 FXS
1,000 CNY177.04 FXS

FAQ

1 FXS is currently worth ¥5.648. This value updates each time you refresh the page.
1 CNY is currently worth 0.17705 FXS. This value updates each time you refresh the page.
You can exchange your FXS to CNY, or vice versa, on a crypto exchange, which provides tools to quickly and securely exchange crypto to cash.
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Guides

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Disclaimer

This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.

You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.