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Frax USD
frxUSDThe native stablecoin of the Fraxtal chain.
- Pegged to
- 1 USD
- Settles on
- Fraxtal
Trade peer to peer.Settle on-chain.
01Assets
Four stablecoins. One market.
Three dollar stablecoins and one won stablecoin, each tradable against 19 fiat currencies. Every trade works the same way for all four.
USDT
Tether
USDTThe world’s most traded dollar stablecoin.
- Pegged to
- 1 USD
- Settles on
- Fraxtal
USDC
USD Coin
USDCA fully reserved, audited dollar stablecoin.
- Pegged to
- 1 USD
- Settles on
- Fraxtal
KRWQ
Korean Won
KRWQA Korean won stablecoin, native to Fraxtal.
- Pegged to
- 1 KRW
- Settles on
- Fraxtal
02How it works
From offer to wallet in three steps.
No middleman: you pay the seller directly, person to person. Once they verify your payment, they release the coins to your wallet.
Example order · 500 USDTFUNDED
Your turn to pay
Verified merchants show their record
Tiered verification, an algorithmic trust score and community ratings help you find a safe partner. Each offer shows:
- A verification tier: Verified, Merchant or Pro
- Trades and completion rate across every order
- Average release time, so you know the wait
- A warning on new, offline or low-completion sellers
Example offers
- Northwind OTCProThe top verification tier, with the largest trade limits.Online$1.0004per USDT · +0.04%3,120 trades99.4% completion3 min average release99% positive ratingBank transfer · ~1 h$50–$25,000
- lena.ethVerifiedPassed FraxNet account verification, which basic trading requires.Online$1.0009per USDT · +0.09%486 trades98.3% completion5 min average release98% positive ratingZelle · instant$20–$4,000
- quickflip_22Last seen 3 days ago$0.9969per USDT · −0.31%7 trades64% completion41 min average release57% positive ratingCash App · instant$10–$600New account · 64% completion · offline. Start small.
Your keys stay yours
FraxNet never holds your private keys or your funds. You control your crypto at every step.
Private keys held by
- You
- 100%
- FraxNet
- 0%
No gas, no trading fee
The platform covers the network fees on every trade, and v1 charges no trading fee.
Fees per trade
- Network fee (gas)
- Covered
- Trading fee (v1)
- $0
Your fees$0
Every order has a public state
Each order moves through the same states, so both sides always know where it stands.
- FUNDEDSeller locked the coins
- PAIDBuyer marked paid
- RELEASEDCoins sent to buyer
- DISPUTEDAdmin reviewing
A person settles disputes
If a trade goes wrong, either side can open a dispute. The admin team reviews the chat history and payment proof, then makes a binding resolution.
DisputeDISPUTED
- Chat history
- Payment proof
Admin review
Binding resolution
Four scams to know
Fake screenshots. Release only when the money shows in your own bank app.
Third-party payers. The sender’s name must match the buyer’s.
Off-platform chat. Keep every message on FraxNet, or a dispute can’t help.
Chargebacks. Reversible payments can be pulled back after you release.
04Payments
Pay the way you already pay.
Bank transfers, e-wallets and mobile apps in 19 fiat currencies. Available methods vary by currency, and each seller lists the ones they accept.
Top payment methods for USD
- Bank transfer
- Apple Pay
- Bizum
- Cash App
- GCash
- Google Pay
- Interac e-Transfer
- KakaoPay
- LINE Pay
- Maya
- Mercado Pago
- MoMo
- USDUS dollar
- AEDUAE dirham
- ARSArgentine peso
- BRLBrazilian real
- CADCanadian dollar
- CLPChilean peso
- COPColombian peso
- EUREuro
- GBPBritish pound
- INRIndian rupee
- JPYJapanese yen
- KRWKorean won
- MXNMexican peso
- NGNNigerian naira
- PENPeruvian sol
- PHPPhilippine peso
- TRYTurkish lira
- UAHUkrainian hryvnia
- VNDVietnamese dong
05FAQ
Questions, answered.
Everything you need to know about trading on FraxNet P2P. You can browse every offer before you sign in.
Peer-to-peer (P2P) trading lets you buy and sell crypto directly with other people, using your preferred local payment methods. There’s no central order book: you trade with a counterparty at an agreed price.
Browse sell ads on the market, choose a merchant and a payment method, and place an order. Send the fiat payment directly to the seller using their payment details, then mark the order as paid. Once the seller confirms receipt, the crypto is released to your wallet.
MarketsCreate a sell ad with your price, accepted payment methods and trade limits. When a buyer places an order, wait for the fiat payment to reach your account. Once you’ve verified it arrived, release the crypto to complete the trade.
Post adBank transfers, e-wallets and mobile payment apps. Available methods vary by fiat currency: pick your currency on the market to see every supported option.
Merchants set their own prices. They choose a fixed price, or a floating price that tracks the market rate with a custom margin. The market sorts by best price by default, so you see the most competitive offers first.
There’s no trading fee in v1, and the platform covers the Fraxtal network fees, so you pay no gas.
FraxNet P2P layers several protections: merchant verification tiers, an algorithmic trust score, community ratings, chat moderation and an admin dispute workflow. Trade with verified merchants and pay within the time limit.
Either side can open a dispute. The admin team reviews the evidence, including chat history and payment proof, and makes a binding resolution. Keep screenshots of every payment confirmation.
Basic trading requires a verified account. Higher verification tiers unlock larger trade limits and a trust badge on your profile, which helps attract trading partners.
06Start
Your first trade takes under five minutes.
Sign up, connect a wallet and place your first order. Browsing needs no account.