SwissBorg - A well-built crypto engine

SwissBorg (CHSB)

What is SwissBorg?

SwissBorg is a mobile-friendly platform where users can buy crypto and earn rewards through staking. It is an organization headquartered in Switzerland with employees all around the world. While it’s not available in the U.S. the app is very popular across Europe.

Why does SwissBorg have value?

SwissBorg allows you to purchase over 32 different crypto assets using 16 different fiat currencies. It also allows you to stake multiple digital assets and earn yield. Their CHSB token allows you to participate in governance, boosts your yield APY, and lowers your transaction fees within the platform.

What are the benefits of SwissBorg?

●       Supports a number of crypto assets.

●       Users can get rewards by staking different tokens.

●       Variety of advantages to holding the CHSB token.

What are the disadvantages of SwissBorg?

●       It’s a centralized exchange.

●       Users need to comply with KYC policies.

●       It is not available in the US.

What are CHSB’s tokenomics?

The total supply of CHSB is 1 billion, all of which were released in the ICO. 38% were allocated to the development team; 10% went to strategic investors; 15% were sold in the second sales round; and 14% were given to individual investors directly.

Who founded SwissBorg?

Cyrus Fazel and Anthony Lesoismier-Geniaux.

Who are SwissBorg’s investors?

SwissBorg has conducted three funding rounds, raising, over $52.4 million. The main investor is Dennis Liu.

Concise Crypto Grade:

B- :Swissborg is another one, of a growing number, of mobile apps that in effect are centralized exchanges. They allow you to buy digital assets using fiat currency and then hold your assets on their platform and earn yield. The product has good UI, and the yields are competitive. But they don’t provide access to many of the top digital assets. Also, because the platform is not currently available in the U.S. many of the top U.S. based projects aren’t lining up to add their asset to the Swissborg offering.  

Where can I buy CHSB?

Bitfinex, KuCoin, Uniswap, HitBTC, Yobit.

What ecosystem does SwissBorg run on?

Multiple but their token is an ERC-20 running on Ethereum.