SwissBorg is a centralized exchange that can only be used on mobile. This application is available on iOS and Android and is ideal for beginners because of its ease of use. SwissBorg is constantly innovating and listens to its community. It was founded in 2017 and its headquarters are in Switzerland. The platform issues its own token under the symbol of CHSB.
The interface is very easy to use, impossible to get lost in it. Everything is intuitive.
SwissBorg offers the main services expected from this kind of application. In particular, staking with attractive rates, which become well above the market average if you have enough CHSB to be a premium member.
There are only around 22 cryptocurrencies on the platform, ranging from mid-caps like Kyber or Utrust, to large caps like Bitcoin or Chainlink.
The platform is very secure, evidenced by the Virtual Currency Exchange and Virtual Currency Wallet licenses. It has successfully passed the penetration tests. No negative event to report.
SwissBorg have some minor technical issues. But mostly quickly resolved.
The basic transaction fees are a bit high (1%). They are decreasing according to several levels for the CHSB holders.
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Ergonomics and ease of use
Choice and quality of available services
Number of relevant crypto projects listed
Security mechanisms and past vulnerabilities
Availability of the platform and its services
Cost of various fees (the higher the score is, the lower the fees are)
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