0% fees on ZCHF!
Thanks to our new partnership with the Frankencoin Association, we are happy to announce that you can now exchange ZCHF with CHF or other fiat currencies without conversion fees!
4 minutes|Yann Gerardi|Published 2025-09-23
Thanks to our new partnership with the Frankencoin Association, we are happy to announce that you can now exchange ZCHF with CHF or other fiat currencies without conversion fees!
4 minutes|Yann Gerardi|Published 2025-09-23
Not long ago we welcomed back a Swiss Franc stablecoin in our service, the ZCHF, a key milestone to facilitate self-custody and crypto transactions in Switzerland and abroad for anyone wishing to be exposed to this currency.
To take this one step further, we are thrilled to announce today our partnership with the Frankencoin Association to offer you completely free conversions between the ZCHF stablecoin and CHF, EUR or any other fiat currency that we support!
As a result you can now:
Try it now below! 👇
No, there are no limits of transaction or volume to benefit from free ZCHF exchange.
All our customers can enjoy zero fees ZCHF purchases and cash outs.
The Frankencoin (ZCHF) is a decentralized stablecoin that follows the price of the Swiss Franc. It is backed by a transparent and over-collateralized reserve (~200%) of crypto-assets, mainly constituted of various wrapped Bitcoin and Ether tokens, which can be monitored here.
There are currently ZCHF circulating on chain.
The ZCHF is live on Ethereum, Gnosis Chain, Polygon, Arbitrum, Optimism, Base, Avalanche and Sonic, but for the moment we only support ZCHF exchange on Ethereum and Gnosis Chain.
You can transfer ZCHF between supported networks using its official bridge on app.frankencoin.com/transfer.
Yes, with the ZCHF you can earn 3% on your Swiss Francs by depositing them in the Frankencoin Savings Module.
The ZCHF is developed by the Frankencoin Association, which is based in Switzerland and run by veterans from the Swiss crypto ecosystem.
The ZCHF is governed by Frankencoin Pool Shares (FPS) token holders in a decentralized system where FPS holders manage an equity reserve pool, earn fees, and ensure the ZCHF-CHF peg by contributing capital via a bonding curve.
No, it hasn't experienced any notable depeg event since its launch in 2023.
Frankencoin carries inherent risks, including technical, governance, and economic factors. Technical risks involve potential vulnerabilities in smart contracts or frontend hacking. Governance risks arise if FPS token holders fail to diligently oversee the system, despite their economic incentives. Economically, Frankencoin faces the risk of losing its peg to the Swiss Franc due to a sharp decline in collateral asset values. Additionally, insufficient market arbitrage between short-term and long-term Frankencoin value could cause temporary depegs during intense market pressure.
The ZCHF has been classified as a payment token in Switzerland.
During a market crash, if collateral assets lose value faster than they can be liquidated, losses are covered first by the borrower's reserve. If insufficient, the FPS holders' reserve pool is used, followed by other collateral owners' reserves. If all reserves are depleted, Frankencoin's value may fall below one Swiss Franc, though this risk is considered low. To prevent FPS holders from redeeming shares prematurely, vigilant holders can cancel their votes, delaying redemption for 90 days to ensure system stability.
About the author
Yann is the head of marketing of Mt Pelerin. He fell down the rabbit hole of crypto at the end of 2017, when he joined the assembling team that would give birth to Mt Pelerin.
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