Function X Price
(FX)
USD($)
Function X (FX) Live Price Chart
Overview
About
Analysis
FAQ
Function X Live Price Data
The live price of Function X is $0.1389, with a total trading volume of $ 4,667 in the last 24 hours. The price of Function X changed by +2.5% in the past day, and its USD value has decreased by -8.48% over the last week. With a circulating supply of 408,520,357 FX, the market cap of Function X is currently 57.52M USD, marking a --% increase today. Function X currently ranks #-- in market cap.
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Note: This data is for reference only.
Function X(FX) Profile
Rank--
CCC Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0x8c15ef...057
Audited By
- --
Code & Community
Investors
- --
$0.1351
$0.1407
- ATH
- $2.29
- Price Change (1h)
- +0.28%
- Price Change (24h)
- +2.50%
- Price Change (7d)
- -8.48%
- Market Cap
- $57.52M
- 24h Volume
- $4,667
- Circulating Supply
- 408,520,357
- Max Supply
- 1.89B
About FX
How can I buy Function X (FX)?
Buying FX on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Function X (FX) for more information. What Is Function X (FX) Crypto?
Function X (FX) is a cryptocurrency designed to support a decentralized ecosystem. It aims to create a "Blockchain Internet," allowing different blockchains to interact seamlessly. The FX token is used for governance, paying transaction fees, and staking within this ecosystem. Function X also includes a cross-chain protocol, enabling asset transfers between different blockchains, such as Ethereum and others.
The project is built to operate autonomously, without relying on any central authority. FX's long-term vision involves distributing its tokens over 15 years, incentivizing service providers in the network. This makes Function X a versatile and scalable solution for decentralized applications and services.How Does Function X Work?
Function X creates a decentralized network that allows different blockchains to communicate and interact seamlessly. You use FX tokens for paying transaction fees, staking, and governance within the network.
The core of Function X is its ability to support cross-chain operations. This means you can transfer assets between different blockchains, like Ethereum, through a secure and efficient process. The network relies on decentralized validators to ensure the safety and speed of these transactions.
Function X aims to build a "Blockchain Internet," where decentralized services can operate without central authority. This setup makes it a versatile platform for decentralized applications (dApps) and services.
History of Function X and FX Coin
Function X (FX) was founded by Zac Cheah and Pitt Huang, who are also the co-founders of Pundi X. The project was launched in August 2018 with the goal of creating a decentralized network known as the "Blockchain Internet." The mainnet of Function X went live in June 2021.
The roadmap for Function X includes expanding its ecosystem with cross-chain functionality, increasing the number of dApps, and further decentralizing its governance structure. The FX token plays a crucial role in this ecosystem.
What Is FX Token Used for?
The Function X (FX) token is used for several key functions within the Function X ecosystem. You use FX tokens to pay transaction fees on the network and to participate in governance by voting on proposals that affect the ecosystem. The token also serves as collateral for creating synthetic assets, and you can delegate it to secure the network.
Additionally, FX plays a role in the cross-chain protocol, enabling you to transfer assets between different blockchains. This makes FX essential for interacting with dApps on the Function X platform.
You can also trade Function X coins against other cryptos listed on the KuCoin Spot Market to make the most of changing market conditions and volatility. After you DYOR, you can buy, sell, or HODL $FX tokens in your portfolio.What Is Function X Tokenomics?
Function X (FX) tokenomics revolves around a total maximum supply of 1,893,022,625 FX tokens. As of now, a significant portion of these tokens has been distributed, with the remaining supply being gradually released over 15 years. This slow release is part of a Proof of Service (PoS) model, where service providers within the Function X ecosystem are rewarded for contributing to the network, such as by hosting decentralized services or participating in governance.
Function X (FX) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0036 | 2.73% |
| 7 Days | $-0.0129 | -8.49% |
| 30 Days | $-0.0116 | -7.70% |
| 3 Months | $-0.0016 | -1.14% |
24H Investment Barometer
24H
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- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Function X Conversion Rate
FAQ
How much is 1 Function X (FX) worth?
KuCoin provides real-time USD price updates for Function X (FX). Function X price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time FX to USD exchange rates. Is Function X (FX) a Good Investment?
The following factors make Function X (FX) a promising investment for those interested in the growing field of decentralized finance and cross-chain technology:
1. Strong Ecosystem: Function X is a multi-layered blockchain ecosystem designed for dApps, cross-chain protocols, and decentralized finance (DeFi). This diverse functionality makes it a versatile investment.
2. Governance and Utility: The FX token is not only used for governance, allowing you to vote on key decisions, but also serves as collateral and will soon enable the creation of synthetic assets. This dual functionality provides multiple avenues for token utility.
3. Cross-Chain Capabilities: Function X supports cross-chain interactions, enabling seamless asset transfers between different blockchains, such as Ethereum. This enhances the network's flexibility and potential for future growth.
4. Security and Efficiency: The network uses robust consensus mechanisms like Practical Byzantine Fault Tolerance (PBFT), ensuring secure and efficient transactions across the platform.
5. Long-Term Growth Potential: The token distribution model is designed to incentivize long-term participation, with 80% of the total supply being released gradually over 15 years, ensuring sustained network development and stability.
What Is Function X Price Prediction?
These factors combine to determine the current and future FX crypto price prediction:
1. Market Demand: The overall demand for the FX token, driven by its use in governance, staking, and cross-chain transactions, plays a significant role. Increased adoption of the Function X ecosystem boosts demand and can lead to increases in the Function X price.
2. Ecosystem Development: Ongoing development within the Function X ecosystem, such as the introduction of new dApps or features like synthetic assets, positively impacts the FX token price by enhancing its utility and attracting more users.
3. Market Sentiment: General market conditions, including investor sentiment towards cryptocurrencies, greatly affect the $FX price. Positive sentiment and news can lead to price spikes, while negative sentiment can cause declines in the FX to USD price.
4. FX Token Supply: The gradual release of the total FX supply over 15 years influences its price. A limited supply in circulation can drive up the FX crypto price if demand remains strong.
5. Function X's Cross-Chain Functionality: The ability of Function X to interact seamlessly with other blockchains, like Ethereum, enhances its value proposition, thereby influencing its market price.
How to Stake FX Tokens on Function X
By staking FX, you participate in the network's security and governance, and you earn additional tokens as a reward. To stake Function X (FX) tokens, you need to follow these steps:
1. Set Up f(x)Wallet: Download and install the f(x)Wallet app. This wallet is necessary for staking FX tokens. Ensure you have FX tokens and a small amount of ETH to cover gas fees.
2. Start Staking: Open the f(x)Wallet app and select "Stake now." Choose the Ethereum account that holds your FX tokens.
3. Approve Tokens: Before staking, you need to approve the FX tokens for staking. This approval requires a small ETH gas fee. This step is mandatory only once per wallet address.
4. Stake Your Tokens: After approval, enter the amount of FX tokens you want to stake. Confirm the transaction and pay the ETH gas fee to complete the staking process.
5. Receive Rewards: Your FX tokens will be locked in a smart contract, and you will start earning staking rewards based on the amount you staked. These rewards can be claimed periodically, with 5% available immediately and the rest gradually unlocking over time.What is the all-time high price of Function X (FX)?
The all-time high price of Function X (FX) is $2.2900. The current price of FX is down 93.93% from its all-time high.
What is the all-time low price of Function X (FX)?
The all-time low price of Function X (FX) is $0.0326. The current price of FX is up 325.54% from its all-time low.
How much Function X (FX) is there in circulation?
As of 12 25, 2024, there is currently 408,520,357 FX in circulation. FX has a maximum supply of 1.89B.
What is the market cap of Function X (FX)?
The current market cap of FX is $57.52M. It is calculated by multiplying the current supply of FX by its real-time market price of $57.52M.
How do I store Function X (FX)?
You can securely store your Function X in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your FX include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.