CHF/BTC: what to know
The CHF/BTC rate shows how much BTC you get for 1 CHF. Right now, 1 CHF buys 0.000015 BTC at the mid-market rate. In the other direction, 1 BTC is worth 65,290.69 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while BTC responds to crypto-market sentiment and liquidity.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The supply is capped at 21 million coins.
Over the past 12 months the CHF/BTC rate has ranged between 0.000010 and 0.000021 — a change of +35.43% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.