What is SwissBorg? What Does CHSB Do? - Coinleaks
Current Date:September 21, 2024

What is SwissBorg? What Does CHSB Do?

What is SwissBorg? SwissBorg (CHSB) is a Blockchain-based platform that offers a fair and decentralized asset management platform. cryptocoin.com In this article, we have answered the questions that are the subject of curiosity among investors such as what SwissBorg is, what it offers, what is CHSB coin, what is it for, how to buy it. Now let’s take a look at this platform that allows users to manage their crypto assets in a fun way.

What is SwissBorg?

SwissBorg is an Ethereum-based Blockchain platform that provides various tools and infrastructure for users to easily manage their assets. This platform leverages an asset app, smart yield feature, and CHSB token. It also works in a community-based and decentralized way. Founded in 2017 in Lausanne, Switzerland, the platform has continued to grow since then. The project managed to raise $57 million during the ICO in December 2017. Today the project works with over 180 members from 200 countries.

One of the most outstanding features of SwissBorg is that it is fully compliant with Swiss law. This makes it a platform open to adoption across the country. This asset management platform aims to simplify the crypto investment process. In doing so, it integrates with major digital asset exchanges and promotes community-based ownership. It is also the first Blockchain-based asset management platform to do so. The platform can be used with the “Wealth App” application on both IOS and Google Play.

What does SwissBorg offer?

Running on Ethereum and Gnosis Blockchain networks, SwissBorg is currently available in over 100 countries. Therefore, it is possible to say that it is a crypto project with high adoption. However, the ecosystem supports many successful cryptocurrencies, including BTC, ETH, CHSB, USDC, BNB and XRP. In addition to cryptocurrencies, users can manage over 16 fiat currencies on the platform. This means that SwissBorg’s users can use a wide range of assets.

What is CHSB coin? What does it do?

CHSB coin powers the entire SwissBorg ecosystem. Apart from ensuring the decentralization of the platform, it provides a number of advantages to the users. Accordingly, coin holders can vote in the management of the platform through their assets. However, they earn a discount on gas fees charged on transfers made through the asset management app. Finally, the CHSB coin can also be used for passive earnings through staking. This means that assets can be locked onto the platform and provide additional token rewards at certain rates.

What is SwissBorg? How to get CHSB coin?

SwissBorg token is currently traded on HitBTC, Huobi, Bitfinex and Uniswap exchanges. Therefore, those interested in CHSB coin should gain access to one of these exchanges.