VNX Swiss FrancPrice(VCHF)
Details VNX Swiss Franc (VCHF) Price information (USD)
The current real-time price of VCHF is $1.25. In the past 24 hours, VCHF has traded between $1.25 and $1.25, showing strong market activity. The all-time high of VCHF is $1.32, and the all-time low is $0.0112.
From a short-term perspective, the price change of VCHF over the past 1 hour is
VNX Swiss Franc (VCHF) Market Information
VNX Swiss Franc (VCHF) Today's Price
The live price of VCHF today is $1.25, with a current market cap of $5.087M. The 24-hour trading volume is 9K. The price of VCHF to USD is updated in real time.
VNX Swiss Franc (VCHF) Price History (USD)
What is VNX SWISS FRANC (VCHF)?
When is the right time to buy VCHF? Should I buy or sell VCHF now?
Before deciding whether to buy or sell VCHF, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s VCHF technical analysis can provide you with trading references.
Future price trend of VCHF
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for VCHF.
How much will VCHF be worth tomorrow, next week, or next month in ? What about your VCHF assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! VCHF Price Prediction
How to buy VNX SWISS FRANC (VCHF)
Convert VCHF to local currency
VCHF Resources
To learn more about VCHF, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x3b71...340403  | 396.721K | 23.38% |
solana | 6sjfpC...fdTfnH | 266.958K | 15.73% |
solana | JCv6kb...PQaQkD | 230.167K | 13.56% |
solana | ATg3gT...J94fSH | 181.039K | 10.67% |
solana | 8A1Aou...2Lsqf2 | 60,032.79 | 3.54% |
Other | 561.970K | 33.12% |
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VNX SWISS FRANC (VCHF) FAQ
What is VNX Swiss Franc (VCHF) and what are its primary use cases?
VCHF is a multichain stablecoin pegged 1:1 to the Swiss Franc. It is classified as a Fiat-Referenced Token (FRT) under the Liechtenstein Blockchain Act. Its primary utility lies in offering a stable digital asset for hedging against crypto market volatility and facilitating efficient cross-border payments. It bridges traditional Swiss finance with the Web3 ecosystem, providing a digital representation of one of the world's most stable currencies.
Is VCHF a regulated financial instrument?
Yes, VCHF is highly regulated. It is issued by VNX Commodities AG, which is licensed and supervised by the Financial Market Authority (FMA) of Liechtenstein under the Token and TT Service Provider Act (TVTG). Additionally, the project is designed to be "MiCA-ready," ensuring alignment with upcoming European Union crypto regulations. This regulatory framework provides a layer of legal certainty and protection for users and institutions interacting with the token.
How is the 1:1 peg of VCHF maintained and verified?
VCHF is fully backed 1:1 by reserves held in segregated Swiss and Liechtenstein bank accounts. These reserves are legally separate from the issuer's operational funds to protect user assets. Transparency is maintained through regular independent audit reports, typically conducted by firms like AREVA AG. These reports confirm that every VCHF token in circulation is matched by an equivalent amount of Swiss Francs held in bank reserves.
On which blockchain networks can I access VCHF?
VCHF is a multichain asset designed for broad interoperability across the decentralized finance landscape. It is currently available on several prominent blockchains, including Ethereum, Solana, Polygon, Avalanche, Stellar, Tezos, Celo, Q, and Arbitrum. This wide availability allows users to utilize the stablecoin within various ecosystems for liquidity provision, payments, or as a store of value while choosing the network that best fits their speed and cost requirements.
Where can I acquire VCHF and how does the redemption process work?
Users can acquire VCHF on prominent exchanges like LBank or through decentralized exchanges using supported Web3 wallets. For direct redemption, registered users can exchange VCHF for physical Swiss Francs via the VNX Platform after completing KYC verification. Note that direct redemptions through the issuer typically require a minimum threshold, often around 1,000 VCHF. Most retail users prefer to swap VCHF for other digital assets directly on exchange platforms for convenience.
What are the advantages of using VCHF compared to USD-pegged stablecoins?
The primary advantage is currency diversification. Many users view the Swiss Franc as a "safe haven" asset, making VCHF an effective tool for hedging against the volatility or inflation of the US Dollar. For European participants, using a CHF-pegged token can also help minimize foreign exchange fees when moving capital between the crypto ecosystem and local banking systems. It provides a strategic alternative for those seeking stability outside of the traditional USD-centric stablecoin market.
