This is a big news that delights the SwissBorg community and its teams. The exchange platform Bitfinex has just made the listing of the CHSB token official. In addition to offering a new framework to potential investors, this listing validates once again, the seriousness with which the company SwissBorg and its passive income solutions are conducted.
A new dimension
The pressure on the shoulders of Cyrus and Alexander Fazel was palpable. After several years of existence, SwissBorg and its CHSB utility token were missing a major listing on a Tier 1 exchange. In addition to seriously validating the fundamentals of the Swiss project, such a listing would offer a dream framework for investors who prefer centralized exchange platforms, with an increase in liquidity commensurate with the exchange’s sectoral base.
It is now a done deal! Bitfinex, a heavyweight in the sector and positioned at the 9th place of centralized exchanges in terms of trading volume, officializes the arrival of SwissBorg and its CHSB. Deposits are already possible, trading will take place on August 24.
An all-in-one application
SwissBorg is a Swiss company that offers an all-in-one application for passive income fans. In addition to being able to buy crypto-currencies directly via FIAT currencies, users have several “Smart Yields” at their disposal to grow their income. The returns offered can reach double digits and depend on the number of CHSB tokens staked by the investor.
There are indeed several statuses conferring various advantages. The “Community Premium” status is available to all users who have a minimum of 2000 CHSB and decide to lock them for a period of 1 year. The major advantage of this formula is the multiplication of the returns by about 1.5.
The second status, reserved for the more affluent, is available from 50,000 staked CHSB tokens. Despite the size of the investment, this one simply doubles the returns offered on several tokens including CHSB, USDC, USDT, BNB, ETH, BTC and XRP. Note that the exchange fees are degressive depending on the community status chosen.
