Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
Cryptocurrency adoption has made great strides over the last several years. So much so, in fact, that the development took it in multiple different directions, leading to the establishment and growth of multiple trends. If you followed the crypto world even a little bit over the last few years, you likely heard of decentralized finance, non-fungible tokens, the metaverse, blockchain gaming, and finally, Web 3.0.
These and other trends are blowing up, making the crypto sector more developed, more complex, and setting the stage for an entire decentralized future. However, with all of this going on, it is very easy to forget that there are still billions of people around the world who know nothing about cryptocurrencies, and they still need to join the sector, as their adoption of it will be the step that will make the decentralized world possible. Without the people to use crypto, everything else will result in only a small, isolated sector of digital finance, instead of a global movement to the next stage in the evolution of money and technology.
This is why SwissBorg was created – to democratize wealth management, and make it fair, fun, and community-centric in order to attract and onboard new users who would become active, regular participants in the crypto industry.
What Problems Does SwissBorg (CHSB) Solve?
SwissBorg is a project that focuses on pushing crypto and blockchain adoption through the quality of service and ease of use. Its goal is to bring more people into crypto and show them the good sides of it by offering the following:
An alternative to the current banking system
SwissBorg believes that the current banking system is flawed, slow, too expensive, and, generally speaking, obsolete. Nearly 13 and a half years ago, Bitcoin was launched, and that single event set the world on the path to decentralization, and while it took a while, and it will likely take a while longer — we are constantly moving down that path, and towards a better future.
The first step to onboarding new people is to show them the area where the crypto industry is the best at, meaning the improvements over the traditional banking sector that people are currently using. WIth faster, cheaper transactions, full ownership of their money, immutability and transparency of payments — this is the way to get people to understand crypto and blockchain and get used to dealing with them, and from that point, they will start researching additional benefits and possibilities themselves.
Democratized wealth management
Democracy existed as a concept for thousands of years, but it was never truly implemented until the crypto industry. When it came to ruling, there was always a small majority who controlled things. When it came to wealth, the number of those in power got even smaller. The crypto industry, of course, doesn’t have that. There is no single authority, no central figure to pull the strings and call the shots.
This is as democratic as it gets, with DAOs allowing people to make decisions on how to proceed, while the community of miners, validators, and alike being in charge of processing transactions and payments. It is simply a fairer system, and fairness is something that everyone is seeking, but rarely finding in the real world.
Empowering users to control their wealth
The project features an app that is empowering users to buy, sell, exchange or store digital assets, with highly beneficial features that are meant to empower users and put them in full control of their money.
Benefits of SwissBorg (CHSB)
Next, let’s talk about the benefits that the project has to offer to its users. There are three things that we would like to focus on here, including:
Empowering users through its app
The first thing to discuss here is the project’s flagship product – the SwissBorg app. This is an application that allows users to buy, sell, and exchange digital assets. While it is very simple to use, it still features rather advanced technology, such as AI-powered asset analysis and Portfolio Analytics, which can help users make better trading and investing decisions.
Next, the project has a wallet called the Smart Yield wallet. Its purpose is to let users store their coins, but also allows them to earn yields of up to 20% of USDC. In addition to that, it also helps them tap into additional benefits of the token’s staking utility, by offering Premium account holders the ability to earn up to 2x yield.
Learning how to trade with zero risk
Finally, the project also has an app called Crypto Challenge. This is a gamified Bitcoin prediction app, which is completely free, and it basically allows users to learn about the crypto sector and practice trading at zero risk. This is a great way for people who are interested in crypto but were not willing to risk their money to see how trading works, and whether they would make good moves if they started right now.
How Does SwissBorg (CHSB) Work?
SwissBorg is a project that aims to democratize wealth management. It is a Switzerland-based project headquartered in Lausanne, and it has an international team, a Virtual Currency License, and multiple products that aim to make wealth management fun, fair, and focused on the community.
We mentioned its products — SwissBorg app, Smart Yield wallet, and Crypto Challenge — which are meant to make trading and investing easy, fun, and even a learning experience, and not to mention rewarding, given that the wallet actually allows users to earn yields.
How to Buy SwissBorg (CHSB)
Currently, SwissBorg (CHSB) is available for purchase on the following exchanges.
Huobi Global – Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
SwissBorg (CHSB) — A smart way to invest in digital assets
SwissBorg is a project whose mission is very simple, and yet, still extremely important. Its goal is to empower users and push adoption, and the crypto industry depends on both if it plans to grow further. The project comes with many benefits, and we believe that it is a good way to enter the crypto world if you are brand new to it.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.
You may like
Investing In Avalanche (AVAX) – Everything You Need to Know
Investing in Algorand (ALGO) – Everything You Need to Know
Investing in IOTA (MIOTA) – Everything You Need to Know
Investing In Chainlink (LINK) – Everything You Need to Know
Investing In Cardano (ADA) – Everything You Need to Know
Investing In Symbol (XYM) – Everything You Need to Know