The ShapeShift DAO’s governance token FOX, has seen tremendous growth since the founder of ShapeShift, Erik Voorhees announced the decentralization of ShapeShift in July 2021 (see more here). Throughout 2021 and now into 2022, the FOX token has been listed on many new exchanges, including one of the top exchanges, Coinbase.
Coinbase
As of December 7th, FOX-USD and FOX-USDT trading is available to Coinbase Pro and Coinbase.com users. The community is thankful for this recognition and was excited to announce that FOX is now even more accessible.
In December of 2021, Coinbase announced the listing of ShapeShift DAO’s FOX token. Throughout 2021 the platform grew to over 56 million users with a total transaction volume of over $797 billion. Users can acquire/trade FOX on Coinbase here and on Coinbase Pro here.
Coinbase has the advantage of low fees afforded by its centralized exchange. So if you are already a Coinbase or Coinbase pro trader, this is a fantastic way to trade for FOX cheaply.
Uniswap v2
Decentralized exchange volume surpassed $1 trillion in 2021, and Uniswap v2 led the way for all decentralized exchanges. At the time of writing, Uniswap v2’s ETH-FOX pair has over $32 million in liquidity and has the second greatest amount of trading volume for the FOX token.
Uniswap is the deepest liquidity pool for FOX, minimizing slippage during trades and enabling nearly any ERC-20 to trade for FOX (users can trade with WETH here or FEI here).
ThorChain
ThorChain is the fifth largest decentralized exchange in market cap and uses their multi-chain DEX ThorSwap. Users can acquire FOX tokens or trade between FOX and RUNE using ThorSwap.
ThorChain is able to swap across chains without wrapping your tokens, so if you’re concerned about wrapping your BTC and trading for FOX, this is the best method for you - do so here.
Huobi Global
On December 6th of 2021, trading went live on Huobi Global, ranked #6 by CoinMarketCap for centralized exchanges.
Huobi has the advantage of low fees afforded by its centralized exchange. So if you are already a Huobi trader, this is a fantastic way to trade for FOX cheaply and you can do so here.
Gate.io
On December 14th of 2021, trading went live on Gate.io, voted one of the best crypto exchanges by Forbes.
Gate.io has the advantage of low fees afforded by its centralized exchange. So if you are already a Gate.io trader, this is a fantastic way to trade for FOX cheaply and you can do so with ETH here and USDT here.
Sushiswap (Polygon)
SushiSwap is an Ethereum-based decentralized exchange integrated with the Polygon network, a scalable solution on Ethereum supporting a multi-chain Ethereum ecosystem.
As a decentralized Layer 2, Polygon provides lower fees than mainnet. If you are already trading on Polygon, this is a great way to buy FOX through a decentralized exchange. Users can acquire FOX with WETH here, USDC here, and WMATIC here.
CoinEx
On December 8th of 2021, trading went live on CoinEx, a multifunctional platform and cryptocurrency exchange.
CoinEx has the advantage of low fees afforded by its centralized exchange. So if you are already a CoinEx trader, this is a fantastic way to trade for FOX cheaply and you can do so here.
MexC Global
MexC Global is an exchange that was established in 2018 and most recently awarded the “Best Crypto Exchange Asia” at Crypto Expo Dubai in 2021.
MexC has the advantage of low fees afforded by its centralized exchange. So if you are already a MexC trader, this is a fantastic way to trade for FOX cheaply and you can do so here.
Hoo
Hoo is a centralized exchange aiming to provide safe and reliable assets management and blockchain services to users worldwide.
Hoo has the advantage of low fees afforded by its centralized exchange. So if you are already a Hoo trader, this is a fantastic way to trade for FOX cheaply and you can do so here.
LATOKEN
LATOKEN is a centralized exchange focused on liquidity for new tokens and over 1.5 million registered traders.
LATOKEN has the advantage of low fees afforded by its centralized exchange. So if you are already a LATOKEN trader, this is a fantastic way to trade for FOX cheaply and you can do so here.
What’s Next?
ShapeShift was formed to help drive the mission of borderless, decentralized finance forward (before “DeFi” was even a thing!).
FOX represents the DAO and dedication to this mission in tokenized form - we will continue to build upon its utility in the months ahead. Our users will enjoy the advantages of the community we are building, while at the same time participating in self-sovereign finance across the entire ecosystem.
More to come!
Additional Resources