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Rank #1122
VCHF VNX Swiss Franc
VCHF Price
$1.16840
+0.24% Market Cap
$8.23M
24H Volume
$10.98K
Circ Supply
7.05M
VNX Swiss Franc Info
VNX Swiss Franc (VCHF) is a multichain token that references the Swiss Franc, offering a traditional asset in digital form. It’s generated by a token generator licensed by the Financial Market Authority (FMA) under Liechtenstein’s Blockchain Act.
Key Features
- Stablecoin pegged to the Swiss Franc
- Backed by tokenized gold for additional stability
- Multichain compatibility for broader accessibility
- Licensed and regulated under Liechtenstein’s Blockchain Act
Security Measures
1. Asset Backing: Supported by tokenized gold, providing tangible value
2. Regulatory Compliance: Licensed by FMA Liechtenstein
3. Technological Safeguards: Utilizes trusted hardware wallets
4. Strategic Partnerships: Collaborations with companies like Avalanche
Use Cases
1. Hedging: Protection against crypto market volatility
2. Trading: Quick buying and selling on centralized and decentralized exchanges
3. Earning: Opportunities in lending, liquidity provision, and staking in CeFi/DeFi
Advantages
– Stability in the volatile crypto market
– Regulatory oversight ensuring legitimacy
– Easy accessibility through various crypto exchanges
– Versatility in financial operations
Platform Availability
– Available on the Stellar network
– Accessible through multiple cryptocurrency exchanges
Company Information
VNX Commodities, the company behind VCHF, is registered with the Liechtenstein Financial Market Authority under the Tokens and TT Services Providers Law (TVTG).
All images, branding and wording is copyright of VNX Swiss Franc. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.