The SwissBorg network is a platform that has democratized the process of wealth administration and management and made it into a fair, and community-centric system. With a team of over 180 people and its headquarters in Lausanne, Switzerland, the platform allows its users to access virtual currency exchange, as well as virtual currency wallets on an international scale.
What is SwissBorg (CHSB)?
As mentioned above, the SwissBorg token is a cryptocurrency, just like Bitcoin and Ethereum are cryptocurrencies. The full name of the token is SwissBorg, while the abbreviation is CHSB (like how Bitcoin has the abbreviation BTC, and Ethereum has the abbreviation ETH).
Two key concepts to understand about CHSB are that it is an ERC-20 token, and that it is a multi-utility token.
Being an ERC-20 token means that CHSB was built on top of the Ethereum blockchain, using the ERC-20 token standard, rather than SwissBorg creating its own blockchain and smart contracts to make blockchain products.
The advantages of building on an existing blockchain are that projects can develop tokens much more easily, and that as more applications adopt existing standards, more applications will continue to adopt them, leading to interoperability between more tokens and protocols. Tokens built on existing blockchains also benefit from the chain’s existing scalability and security, which is a big plus for CHSB.
SwissBorg (CHSB) Cryptocurrency Basics
SwissBorg is a blockchain platform founded in Switzerland as an investment hedge fund managed by DAO principles. SwissBorg is developed by co-founders Cyrus Fazel and Anthony Lesoismier. As part of the platform, Swissborg cryptocurrency with the CHSB ticker was released.
SwissBorg eliminates financial advisors and time-consuming legal contracts when creating an investment portfolio. The company created the app which is available for iOS and Android. Users utilize the investment ecosystem powered by blockchain technology. Smart Engine takes the guesswork out of investing. By connecting to Binance, HitBTC, LMAX and Kraken exchanges, Swissborg offers significant advantages:
Users can get the best liquidity and rates in a matter of seconds
The app connects to multiple exchanges with one account
Users can execute their orders at the best market price
The app supports 14 fiat currencies to make an exclusive exchange pair, including CHF, EUR, GBP, USD, BGN, SEK, RON, CZK, NOK, ILS, HKD, HUF, PLN, and DKK. The banking system works with Instant SEPA and Faster Payments network, making a transaction as fast as possible.
SwissBorg community members can participate and invest in the SwissBorg platform with CHSB multi-utility token based on
SwissBorg Price Prediction for 2025
Predicting the price of cryptoassets so far into the future is an almost impossible task. This applies to SwissBorg and any other cryptocurrency we have predictions for.
While many people are curious about our data here, right now we don’t have any predictions for 2025, though we are considering updating our predictions algorithm to make forecasts that are further out. We would love your feedback, so if such a prediction is something you would like—even just for entertainment purposes—please let us know via Twitter or email.
For now we are sticking to short-term predictions in order to increase the accuracy of where we see an asset price heading.
The further out a date, the more likely it is that our prediction is inaccurate. While it would be fun to look at price predictions for 2030 or even 2050, we think that would be taking things a little bit too far.
Conclusions
SwissBorg is one of those crypto projects that try to improve the crypto space as a whole.
The most interesting aspect of the project is that it really considers the importance of education as the element that makes the difference and helps people to evaluate the revolution brought by cryptocurrencies and to make informed decisions when it comes to their investments.
The SwissBorg platform also gives traders and investors a smart way to earn rewards and interests, and at the same time it limits fees and works on the long-term value of its token:
The app is connected to many exchanges: this eliminates the need to register to many platforms, and the application choose the most convenient platform when you want to place a trade.
The Premium app can’t be obtained with a simple purchase, but by staking a certain amount of CHSB for at least 12 months: this not only makes people earn interest, but also allows them to multiply their rewards and to reach 0 fees on their trading activities.
The importance of the system behind SwissBorg is further increased by the company’s goals: inclusion, empowerment, meritocracy, transparency, innovation and the abolishment of financial inequality are some of these goals.