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View ChartVNX Euro (VEUR) is a digital token pegged to the euro and issued by VNX Commodities AG, a Liechtenstein-based company registered with the country's Financial Market Authority (FMA) under the Blockchain Act (TVTG). VNX describes VEUR as a "fiat referencing token" (FRT) rather than a conventional stablecoin, reflecting its distinct collateral structure. The token is designed to provide EUR-denominated exposure onchain, allowing crypto users to trade in a native European currency, hedge against volatility, and manage portfolios with greater flexibility. VEUR operates as a multichain asset, with deployments across Ethereum, Avalanche C-Chain, Solana, Stellar, Base, and Polygon. According to CoinMarketCap, the total supply stands at approximately 2.76 million VEUR, with a fully diluted valuation near $1.2 million. The project represents a bridge between traditional finance and blockchain technology, positioning itself within the real-world asset (RWA) sector.
VNX Euro was created by VNX Commodities AG, a company founded and led by Alexander Tkachenko. Tkachenko is a self-described serial entrepreneur and angel investor who earned an MBA from Columbia Business School and the London Business School. He conceived the VNX Exchange in 2017 and has served as the company's CEO since. VNX's board members bring experience spanning European stock exchanges, banking, investment firms, and corporate leadership roles at companies such as Volvo. The company was initially based in Luxembourg, with a stated goal of democratizing traditional private capital markets through blockchain tokenization, before shifting its operations to Liechtenstein following the passage of the country's Blockchain Act.
VNX Euro functions as a fiat referencing token whose value is intended to track the euro. Unlike stablecoins backed 1:1 by cash or government debt, VEUR is backed by VNXAU, VNX's tokenized gold, which is in turn collateralized by physical gold bars held in reserve in Liechtenstein. This layered collateral model means the token's backing is ultimately tied to gold rather than euro-denominated reserves. New VEUR tokens can only be issued through the VNX platform by registered customers who have completed know your customer (KYC) and anti-money laundering (AML) procedures. These users deposit an equivalent value of assets to mint tokens, and only the same users can redeem VEUR for underlying assets. Once in circulation, however, VEUR trades freely on centralized and decentralized exchanges, including Uniswap and Curve. The multichain architecture allows VEUR to operate across multiple blockchain networks, with token supplies distributed across Avalanche C-Chain, Solana, Ethereum, Stellar, Base, and Polygon.
VNX Euro distinguishes itself through its regulatory positioning and collateral design. It is issued by a token generator licensed under Liechtenstein's Blockchain Act, a formative piece of legislation that took effect on January 1, 2020, and opened the door for companies to offer real-world assets as blockchain tokens. VNX Commodities is registered with the FMA as a Trustworthy Technology service provider. The use of tokenized gold as collateral differentiates VEUR from cash-backed stablecoins, and VNX has outlined a path for using other assets as collateral in the future. The token also benefits from a multichain deployment strategy, giving users flexibility across ecosystems. Zero management, performance, subscription, and redemption fees further lower the cost of participation. For investors seeking EUR exposure onchain with a regulated issuance framework, VEUR offers a distinctive alternative in the stablecoin landscape.
VEUR serves three primary functions according to CoinMarketCap. First, it acts as a hedge: holders can use VEUR to hedge against crypto volatility and avoid losses during market declines. Second, it facilitates trading: users can buy and sell digital assets in minutes across centralized and decentralized exchanges. Third, it enables earning: VEUR can be lent, used for liquidity provision, staked, and deployed in other CeFi and DeFi investment opportunities. Beyond these, VEUR may be sent from one user to another and used as a stable unit of account within crypto portfolios. Its EUR denomination makes it particularly relevant for European users seeking native currency exposure without converting to USD-pegged assets. StakingRewards lists a dedicated page for comparing VEUR staking rates, fees, and lock-up periods.
VNX continues to expand the reach of VEUR. According to CoinMarketCap, the company aims to make VEUR available to more users by expanding the list of cryptocurrency exchanges where it is traded, alongside plans to release the token on additional blockchains to strengthen its multichain presence. The token already trades across 49 active markets and is available on multiple networks including Avalanche C-Chain, Solana, Ethereum, Stellar, Base, and Polygon. VNX's broader product suite includes VNX Swiss Franc (VCHF) and VNX Gold (VNXAU), creating a family of tokenized real-world assets. The project's development reflects the growing intersection of traditional finance and blockchain, with VNX positioning itself as a regulated issuer of fiat referencing tokens within the European regulatory perimeter.
VEUR cannot be mined. It is not a proof-of-work or proof-of-stake network token. Instead, new VEUR tokens are issued through the VNX platform by registered customers who have completed KYC and AML procedures and entered into an FRT Minting contract with VNX. These users instruct the company to create tokens by depositing an equivalent value of assets. Redemption works in reverse: only registered customers can destroy VEUR by redeeming it for underlying assets. Once created and in circulation, VEUR can be traded freely. For those looking to earn yield on VEUR, staking and liquidity provision opportunities exist across DeFi platforms, and StakingRewards provides a comparison tool for VEUR staking rates and providers.
Because VEUR operates on multiple blockchains, safe storage depends on the network you use. For Ethereum, Avalanche C-Chain, Base, and Polygon deployments, ERC-20 compatible wallets are appropriate. For Solana, an SPL-compatible wallet is required, and for Stellar, a wallet supporting Stellar Asset Contracts is needed. Always verify contract addresses before interacting with any token, and use hardware wallets for significant holdings. Since VEUR is a regulated token issued under Liechtenstein's Blockchain Act, redemption and issuance are restricted to KYC-verified customers on the VNX platform, adding a compliance layer that distinguishes it from permissionless stablecoins. Account segregation is described as bankruptcy remote, providing an additional structural safeguard. As with any digital asset, users should safeguard private keys, enable two-factor authentication where available, and be cautious of phishing attempts targeting token holders.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for VEUR are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of VNX Euro (VEUR) is $0.501643. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated VEUR to USD rate at the top of BTCC’s price page. In terms of market scope, VNX Euro records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.386584M. Its current circulating supply stands at 2.76M out of a maximum supply cap of ∞.
The price volatility of VNX Euro (VEUR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (2.76M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, VNX Euro (VEUR) hit an all-time high (ATH) of $1.20822 on 2025-10-10 21:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.267655 on 2026-06-11 17:10. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading VEUR futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s VEURUSDT perpetual contracts support two-way trading. If you anticipate a price decline for VNX Euro, simply log into your BTCC account with USDT margin available, navigate to the VEURUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for VEURUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.501643), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for VEURUSDT with zero financial risk.
Trading VNX Euro (VEUR) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for VEURUSDT, and review its live price ($0.501643) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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