Market Rank | #297 |
---|---|
Market Cap | $ 336.4M |
Volume 24h | $ 5.5M |
Circ. Supply | 983.7M |
Total Supply | 983.7M |
Max Supply | 1000.0M |
Genesis Date | 1/11/2017 |
As of the most recent data update, SwissBorg (BORG) is currently priced at $ 0.34192100. Over the last 24 hours, the price has decreased by -6.73%.
SwissBorg is a cryptocurrency that aims to revolutionize wealth management by making it accessible, fair, and driven by its community. It blurs the traditional lines of wealth management, incorporating the decentralized benefits of blockchain technology to provide a wealth management platform that is as rewarding as it is revolutionary. Its headquarters are situated in Lausanne, Switzerland, and the team holds two licenses for providing Virtual Currency Exchange and Wallet services globally.
At the center of SwissBorg's ecosystem is their flagship product, the SwissBorg Wealth App. This innovative application allows users to securely invest and exchange digital assets across 17 different fiat currencies, with the safeguard of what's known as MPC keyless technology. The app's standout feature is the Smart Engine, which connects to multiple exchanges, including Binance, HitBTC, LMAX, and Kraken, to provide the best liquidity and exchange rates in just a few seconds.
SwissBorg's uniqueness comes from the multi-utility SwissBorg token (CHSB), which drives the ecosystem. The CHSB token offers five distinct features:
Protect & Burn Mechanism: A 20% of the revenue generated from fees within the Wealth App is used to back the CHSB token's price in bearish market conditions. This is accomplished through automated buy orders. All purchased tokens are transparently burned, thus reducing the supply and potentially increasing scarcity and value.
Staking: Users can lock their CHSB tokens within the Wealth App to exchange assets at the best prices with zero fees.
Exclusive Access: CHSB token holders gain access to exclusive wealth management products within the SwissBorg app.
Voting Rights: CHSB holders can participate in shaping SwissBorg's future through referendums.
Community Rewards: CHSB holders can earn rewards through the SwissBorg Decentralized Autonomous Organization (DAO).
SwissBorg's current market capitalization is $ 336.4M, making it the #298 most valuable cryptocurrency in terms of market capitalization.
There are currently 983.7M BORG coins in circulation. The total supply of BORG is 983.7M.
BORG can be purchased on various cryptocurrency exchanges. The currencies with the highest trading volume are typically found on Huobi, YoBit. Please ensure to do your research before buying, trading, or investing in any cryptocurrency.
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