Cash out FRAX in Japan with the best price and the lowest fees. Sell from any wallet, and receive JPY on your bank account. No KYC required.
These prices are final, meaning that they include our exchange service fee. See our pricing page for more info.
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💡 We have bank accounts in all the different fiat currencies listed above. It means that with us you can buy FRAX by sending us bank transfers in any of these currencies, without incurring any intermediary fiat currency exchange fees.
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Cashing out FRAX with us in JPY is fast and simple, just follow the steps below to get started.
Tutorial1 | Go to our widget. |
2 | Choose the amount of FRAX that you'd like to sell. |
3 | Follow instructions to login or signup. |
4 | Enter and validate a sending wallet address. |
5 | Enter your Japanese bank account details. |
6 | Follow instructions to make your crypto transfer. Once done, we'll deliver your funds in JPY on the provided bank account shortly after. |
Connect your wallet, choose the destination bank account and confirm the sale. We'll convert your FRAX in JPY right away, then transfer the funds to your designated bank account in Japan.
We are an affiliated Swiss financial intermediary and our regulation allows for KYC-less money exchange under certain thresholds. As a result, you can sell FRAX by bank transfer without having to verify your identity below the limits shown here. You can still choose to identify and lift these limits.
Sell FRAX with no KYC required up to: | |
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¥140,000 | per day |
¥2,000,000 | per month |
¥14,000,000 | per year |
Yes, there is a minimum cash out value of CHF50 (or equivalent) to withdraw FRAX in JPY by bank transfer.
See our pricing page to see the different limits to sell FRAX by bank transfer, with or without KYC.
Besides Ethereum, you can use our service to sell FRAX and cash out funds directly from the following Ethereum sidechains:
A new kind of stablecoin, FRAX tracks the price of the US dollar by being partially backed by collateral and partially stabilized algorithmically. It is the 7th largest stablecoin today. Available on Avalanche, Ethereum, Fantom and Polygon.
Don't have a crypto wallet yet? Download Bridge Wallet, the mobile app that we've made to help you easily invest and manage your cryptoassets from your phone with total control on your funds.
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Read on our blog everything you need to know to get started in the world of crypto on the right foot!
Get startedMt Pelerin Group SA is a company established in Switzerland since 2018, with offices in Neuchâtel and Geneva. We are an affiliated financial intermediary, which means that our processes are regularly audited by an external and independent entity. We are affiliated with SRO-member SO-FIT, an officially recognized self-regulatory organization (SRO) according to the Anti-Money Laundering Act by FINMA, the Swiss financial market supervisory authority.
The most common questions that our clients ask us are all answered there. Have a look!
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