Details about CryptoFranc cryptocurrency
€1,921,838 ( -0.65579%)
€10,671
7,100,000
1,895,000
12.572
Unknown
596104x
€605641
CryptoFranc price charts
XCHF exchanges
CryptoFranc, the crypto
CryptoFranc (XCHF) is a stablecoin, a type of cryptocurrency designed to maintain a stable value by being pegged to a fiat currency or commodity. In the case of XCHF, it is pegged to the Swiss Franc. This means that the value of 1 XCHF is always equal to 1 Swiss Franc.
The point
The main point of CryptoFranc (XCHF) is to provide a stable and secure alternative to traditional fiat currencies for individuals and businesses who want to transact in Swiss Francs without being subject to fluctuations in value that are common in other cryptocurrencies. XCHF aims to be a reliable and liquid cryptocurrency for users to make payments, transfers, and store value in a decentralized and transparent way.
The problem
CryptoFranc (XCHF) tries to solve the problem of volatility and lack of stability that plagues other cryptocurrencies, preventing them from being reliable stores of value or effective mediums of exchange. By being pegged to the Swiss Franc, XCHF seeks to eliminate price volatility and attract users who are wary of the risks associated with traditional cryptocurrencies. The aim is to provide a solution for individuals and businesses who need to transact in Swiss Francs in a fast, secure, and efficient manner without being subject to currency fluctuations.
Compare XCHF and BTC performance
| Timeframe | XCHF | BTC |
|---|---|---|
| 1h change | -0.383559 % | -0.360343 % |
| 24h change | -0.9 % | -1.34653 % |
| 7 day change | -3.12 % | -8.00126 % |
| 14 day change | -2.39 % | -4.44299 % |
| 30 day change | 2.23 % | -5.81283 % |
| 200 day change | -2.93 % | 128.847 % |
| Year change | -1.39 % | 116.885 % |