CryptoFranc

What is XCHF and how Does It Work?

The CryptoFranc (XCHF) is a payment token in alignment with FINMA ICO guidelines, made via the Ethereum Blockchain, while adhering to the ERC20 standard. Each token denotes a claim to a Swiss Franc. XCHF aligns with physical CHF bank notes to maintain its correspondence with the Swiss Franc. Monthly checks are initiated by Grant Thornton Bank Audit Ltd. The responsibility for the creation of these tokens rests with Swiss Crypto tokens AG. In the Ethereum Ecosystem, XCHF is acknowledged as a Real World Asset (RWA). It's important to note that actions involving XCHF tokens can involve the incurring of gas charges on the Ethereum network. With its recognition in both FINMA ICO guidelines and FINMA bulletins on the subject of tokens with a stable value, XCHF demonstrates its role in the token sphere.

How to Buy and Store XCHF?

To purchase XCHF, Traders can buy the token via Flooz.xyz. Flooz.xyz offers a one-stop solution to buy XCHF, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless XCHF transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your XCHF trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.

XCHF Metrics:

• Current price: $1.1616

• Market cap: $554.08 k

• All-time high: $656.31 (Sep 9, 2019)

• All-time low: $0.1 (Oct 19, 2020)

• Daily trading volume: $13.53 k