What is CHF in Crypto?

The DCHF is not just a representation of the Swiss Franc; it is a fully-backed and collateralized token. For every DCHF token minted and held in client accounts, Sygnum maintains an equivalent amount of Swiss Francs in the Swiss National Bank (SNB) as collateral.

The Digital CHF, abbreviated as DCHF, is a unique settlement token created by Sygnum. This innovative digital asset is designed to mirror the value of the Swiss Franc, providing a digital alternative to traditional fiat currency.

As a leading cryptocurrency exchange, BTCC offers a range of services to cater to the diverse needs of its clients. These services include spot trading, futures trading, and wallet services, among others.

This mechanism ensures that the value of the DCHF remains stable and closely aligned with the Swiss Franc. It also provides users with the confidence that their digital assets are fully secured and backed by a reputable financial institution.

BTCC's spot trading platform allows users to buy and sell digital assets at the current market price. This service is ideal for investors looking to take advantage of price fluctuations in the market.