X

Emma from Portland

Registered at the crypto broker Skilling 31 minutes ago.

» Try Skilling too
82% of retail investor accounts lose money.
Do not show again

Swissborg Review 7.65/10⭐



Click to see screenshots

The Swissborg team came up with a website to make it fun and easier for people like you to purchase and invest in crypto. The system works seamlessly, so you can make purchases and withdraw any time you want at amazing rates. From our tests, it's also the fastest crypto platform to make transfer to or from - which is important if using multiple platforms. For many transactions to other platforms, it takes less than 30 seconds, while a wide range of other crypto platforms might take 5-20 minutes in the worst case. In this guide, we've mentioned everything you might want to know about Swissborg, both positive and negative factors that we and other customers experienced over time. Try Swissborg now, or continue below to learn more.


If you are interested in trying Swissborg out, have a read here and learn all you need to know to get started with the best possible offer.



Swissborg offers flexible staking yields, from a crypto platform with European license.

CryptoLists.com

Background & Overview

 

Swissborg QR code
to scan with phone

Swissborg started with nine employees, but now operates globally with thousands of employees. The platform lets you invest in cryptocurrency assets and manage them as you try to achieve financial breakthrough. They have many online resources that you can leverage to ensure that your investment goes in the right direction. Compared to other platforms that provide similar services, Swissborg has among the best exchange rates and lowest amount of fees for their major clients that invest over 10 000 EUR.

To make it possible to manage crypto investments on the go, they have a very useful app that you can download to your smartphone. Buying and selling crypto has never been easier. The same applies to staking. It's never been easier to earn attractive yields.

The company works with trusted organizations to ensure that their customers have an easy time leveraging the features available. Suppose you're looking to invest in cryptos, then this website got everything you need to become a happy investor. Visit Swissborg now!

›› Not a customer yet? Register with Swissborg today, it's quick and simple!
 

Advantages at Swissborg

+Unique crypto platform, developed to simplify crypto investments.
+Swissborg offers the crypto markets' fastest transfer speeds from one wallet to another one.
+Among the lowest trading fees, when you own 50 000 CHSB tokens.
+Straightforward features for both novice and seasoned traders.
+EU licensed platform means safe and secure to use.
+Available to users in all parts of the world.
+Friendly terms of use ensure amazing user experience.
 

Disadvantages

-45 days cool off period for any funds deposited into your Swissborg account. So you cannot take it out or transfer it to other wallets, within 45 days.
-The website is only available in English and French so far, even if it's been around for 4 years.
-Swissborg's support team could have more knowledge and be faster to respond. Personally, I had to wait for almost 6 months to get one 2000 USDT transfer issue solves - and that is way longer than what you would hope..
-Have lowered the yield for stablecoins significantly. Used to be exceptionally high.
-0.1% service fee for all withdrawals in fiat currency.
-Been waiting for crypto venture capital investment opportunities for premium investors in about 10 months, without any serious updates. They tend to promise a lot, and don't always deliver.  

KYC & Registration

We had seen that Swissborg adheres to the KYC policy. This is a policy that states that each broker must use the right efforts when collecting information about customers and maintaining the same. Once the records about clients have been acquired, they must be maintained as such without any form of alteration. Also, the same owner of the account must be the only one to access the platform, and if someone must do it on their behalf, they must officially grant them access and Swissborg must know about it.

The KYC policy is put in place to ensure the safety of the customers when registering with Swissborg. To open an account, you should provide your email address and phone number for proper validation. You'll then key in your official name as they appear in your government-issued ID or passport as well as your date of birth. You'll then upload your identification documents to finalize the registration process. It's a fairly quick process and they are taking the registration and KYC process seriously.

 

Company Account

SwissBorg offers corporate accounts as well as personal accounts. Corporate accounts have a minimum threshold of 100,000 EUR and give you the ability access wealth management features. Sign up is more extensive than for individual traders, which is to be expected from a reputable exchange.

 

Leverage

There is no leverage at Swissborg, but who needs that on volatile cryptocurrencies?

 

Costs

▪ Rated at 8/10

When trading on any platform, you want to save as much money as possible. While service fee is, most of the time, inevitable, you shouldn't spend an arm and a leg just to transact on a platform. This is a fact that Swissborg seems to perfectly understand. When withdrawing or exchanging funds on the website, you'll realize that some of the money is used to cover the service fees.

It's imperative, however, to understand that Swissborg won't charge you any fees to deposit money. The withdrawal and exchange fees are there, but they only charge you a maximum of 0.1% of the entire amount for withdrawals. That's fair, compared to what you might have to pay on other sites. The spread between the withdrawal and exchange fees is low, so you don't have to worry about crazy fees while using the platform.

The fees varies depending on if you opt for a standard or some type of premium account. In order to get the optimal fees, you have to invest about 10 000 EUR/USD in the Swissborg token (CHSB) and stake it for one year. You can expect many flexible staking yields, even if we seen that APR for many stablecoins have fallen in the last few months. Hopefully, they increase soon again.

 

Deposit Methods

▪ Rated at 6/10
Below you can see a list of the deposit methods available on Swissborg. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.

Fiat deposits can only be made with help of bank transfer. Few other crypto platforms got so few options when it comes to fiat deposits. However, when it comes to deposit cryptocurrencies into your newly created Swissborg account, there are quite a few options. At the moment, only the Ethereum blockchain and BSC are supported - which makes transfer costs rather high. Hopefully, Swissborg will extend their offering to support more blockchains over time, such as the TRON (TRX) network.

The main problem with deposits at Swissborg is their 45 days cool off period. Anyone doing deposits with debit card, credit card or bank transfer are not allowed to take out their own money during the first 45 days. Not many crypto platforms has such restrictions, and it's a bit worrying for customers - and also very annoying to have such measures. Read more about the deposit methods at Swissborg here.

 

Platforms

▪ Rated at 9/10

Swissborg QR code
to scan with phone

Did you know that you can use the platform at any time of the day? That's right. Provided you have decided to use Swissborg, you won't be worried about any form of downtimes. They also have a highly intuitive website that's optimized for all types of websites. That means you can use it on your mobile devices on the go and still get to leverage all the features. Regardless of what you would like to do on the platform, you'll find all the features at your fingertips; you'll be unstoppable.

Many users also report that Swissborg is crafted to solve the problems faced on other similar platforms, such as weird terms of use and exorbitant fees. With Swissborg, you can purchase and sell digital currencies without spending an arm and a leg. Since they make use of blockcain technology, the information shared on the platform cannot be changed. Knowing that no one can alter the details, you'll be a happy investor on their platform. No one can stop you from withdrawing funds at will. Generally, it's a user-friendly platform that's worth your time and money, but the best exchange rates (0.25%) is only given to major clients that stake 20 000 CHSB tokens or more.

 

Automated Trading and Copy Trading

Swissborg has no autotrade or copy trade functionality at present.

 

Languages supported

The following languages are supported on Swissborg:

English and French and German

 

Broker Support

▪ Rated at 3/10

A platform is only as good as its support team. The good thing is that you can always reach out to Swissborg support team at any time you need something.

On the main website, you can use their live chat feature to talk to their dedicated agent. This feature comes in handy when you can't visit their local offices to have your matter tackled.

Unfortunately, we have noticed that you often get transferred to another team or division of the support team, which add to the waiting time. For quick and simply issues, you can expect to have your problem solved within 24 hours. For more advanced issues, it's not impossible to wait for over 10 days and that feels a bit longer than we would expect.

They also have a FAQs section where you can find answers to your problem without having to contact support. If you like, you can head to their contact page where you can retrieve their phone number and make direct calls to their offices. From our experience, it's slower than we would hope to get your issues solved by Swissborg's support and it's definitely an area where they can improve.

One of us at Crypto Lists had one support issue that was open over 6 months before it was solved. That was a transaction that was sent to an old address on Swissborg, which was finally recovered after a fee of 50 eur was paid, lots of email and lots of waiting time. When similar issues happened on other platforms and exchanges, the issue was solved within 24 hours. So more than 180 days extra waiting time was quite a surprise.

 

Other Names for Swissborg

Swissborg is or has also been known under the following names: Swissborg Solutions, Sborg SA

 

FAQ

Where can I register for Swissborg?

The best way is to open an account here and if you have any further questions you can get in touch with their support directly.

Is Swissborgs site reliable?

From the details above, it's accurate to mention that Swissborg is a reliable website that any aspiring investor can count on. They are just not very good at handling their wallet addresses, which are changing more frequently than others. If you of mistake transfer crypto into one of Swissborgs old token addresses, it may take months like it did for one of the founders of Crypto Lists - or you will never receive it. They keep changing their mind and thoughts about it, and don't answer questions about the USDT transfer that arrived in their "old" wallet, but they cannot be bothered to take it out within 3 months. Still waiting..

What is the main reason that people use Swissborg?

The main reason that people use this site is that it has some of the best rates. They also got the fastest transfers between crypto wallets that we experienced. Finally, Swissborg's app is very straight forward and user friendly.

Which languages are supported by Swissborg?

The website from Swissborg is only available in English, French and German. That is quite surprising, considering that Swissborg's founder got Persian heritage. But maybe his American upbringing and challenging rules in the Islamic world made it hard to implement support for Persian language. It's a shame that Swissborg is not available in Spanish, Russian and Italian - some of the most requested languages among our visitors.

 

History of Swissborg

History of Swissborg

2016 (12th of November) - Swissborg's website goes live with the slogan: "Everything you need to manage your absolute return portfolio". There are no mentions of cryptocurrencies, but favourite strategies can vary between market neutral, global macro, long & short or long only. Markets available include US, Japan and Europe.

2017 (September) - A new version of Swissborg's website is live. "The new era of Swiss private banking with smart contracts", is the new slogan.

2017 (21st of November) - The ICO for Swissborg went live on the 21st of November, 2017. Token sale of Swissborg ended the 10th of January, 2018. 50 million USD was raised.

2020 (November) - Swissborg support 18 different fiat currencies, including CHF, EUR, GBP and USD.

2021 (March) - Swissborg launch a premium feature, where you pay 0% fees on BTC, their own CHSB token and stablecoins. Requirement: You need to hold 50 000 CHSB for 12 months.

13/9 2022 - As a safety measure, Swissborg is suspending all transfers of Ether, ERC-20, Avalanche-C and BSC tokens. Customers will be notified in around 48 hours when the service is back to normal.

6/10, 2022 - The first Swissborg Thematics dedicated to a web3 portfolio is now live for the highest membership tier.

26/10, 2022 - App users at Swissborg can now set price tags for all cryptocurrencies.

27/10, 2022 - Swissborg's app now accept funding with credit cards or debit cards such as VISA or Mastercard. Before the 27th of October this year, it was only possible to fund your account with either cryptocurrencies or bank transfers. Initially, Swissborg will support deposits in Euro (EUR), Swiss Franc (CHF), British Pounds (GBP), Polish Zloty (PLN) and Swedish Krona (SEK). The minimum deposit amount is 10 EUR or equal in other currencies. In less than one minute, your card deposit can be converted into crypto.

 

Instruments available

Find the full list of instruments available to trade at Swissborg here. Swissborg allow their users to select the next cryptocurrency to be launched on their site.

▪ Rated at 8/10

Crypto Currencies

AAVE, AVAX, AUDIO, BAT, BTC, CHSB, CHZ, COMP, CRV, DAI, DOT, ENJ, ETH, EURT, GHST, GRT, HBAR, IMX, KNC, LINK, LRC, MANA, MATIC, MIMO, OCC, PAR, PAXG, REN, SAND, SOL/USDT, SOL/USDC, SOL/USD, SOL/EUR, SOL/GBP, SOL/CHF, SOL/BTC, SOL/ETH, UNI, UOS, USDC, USDT, UST, UNI, UTK, XRP, AAVE/EUR, AAVE/USD, AAVE/ETH, APE/USD, APE/EUR, APE/GBP, APE/PLN, APE/HUF, APE/CHF, APE/BNB, APE/BTC, APE/CHSB, APE/ETH, APE/SOL, AUDIO/ETH, AUDIO/EUR, AUDIO/USD, BAT/EUR, BAT/CHSB, BAT/USD, BNB/EUR, BNB/USD, BNB/USDT, BTC/BNB, BTC/ETH, BTC/EUR, BTC/USDT, CHSB/EUR, CHSB/USD, CHSB/USDC, CHSB/USDT, CHZ/EUR, CHZ/USD, COMP/EUR, COMP/USD, CRV/EUR, CRV/USD, DAI/EUR, DAI/USD, DOT/EUR, DOT/USD, ENJ/EUR, ENJ/USD, ETH/EUR, ETH/USD, ETH/USDC, ETH/USDT, EURT/EUR, EURT/USD, EURT/USDT, GHST/EUR, GHST/USD, GRT/USD, GRT/EUR, IMX/BNB, IMX/ETH, IMX, IMX/EUR, IMX/USD, IMX/USDT, KNC/EUR, KNC/USD, LINK/EUR, LINK/USD, MANA/EUR, MANA/USD, MATIC/EUR, MATIC/USD, MIMO/EUR, MIMO/USD, NEAR/EUR, NEAR/USD, NEAR/ETH, NEAR/USDT, OCC/EUR, OCC/USD, PAXG/EUR, PAXG/USD, PAXG/USDC, PAXG/USDT, REN/EUR, REN/USD, SAND/EUR, SAND/USD, SWEAT/BNB, SWEAT/ETH, SWEAT/EUR, SWEAT/JPY, SWEAT/GBP, SWEAT/USD, SWEAT/USDT, UNI/EUR, UNI/USD, UOS/EUR, UOS/USD, UOS/USDC, UOS/USDT, USDC/EUR, USDC/USD, USDT/EUR, USDT/USD, UTK/EUR, UTK/USD, XRP/EUR, XRP/USD

Currencies

AED, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, NOK, PLN, RON, SEK, SGD, ZAR



Swissborg QR code
to scan with phone
›› Sign up at Swissborg here

Screenshots from Swissborg

Click for larger image

Related coin? Learn more about BORG

The Borg Token is the coin that is used on Swissborg, so it's worth reading more about it on our review page.

›› Read our full Borg Token review here
By holding and staking BORG, you can enjoy Swissborg benefits such as way lower exchange fees, high yield and full voting rights.

Related blockchain? Learn more about Ethereum Network

Ethereum Network is the blockchain that Swissborg relates to, so it's worth reading more about it below.

Ethereum offers a blockchain that’s available to everyone. All you need is a wallet to participate. Ethereum offers open access to data-friendly services and digital money, no matter your location or background. More so, it’s a community-based tech behind thousands of applications that you can use today and the ETH cryptocurrency...

›› Read our full Ethereum Network review here
Ethereum Blockchain - The Internet of Assets.

Read the Swissborg Terms and Conditions here.
Swissborg Review Published: Wednesday, 25 Nov 2020 6:00 pm
Last Updated: Sunday, 12 Nov 2023 10:16 am
Livechat about Swissborg
Why not do like thousands before you
Do not hesitate to contact us if you have questions about Swissborg. Our experts are happy to answer your questions, help you find the right option or just point in the right direction.
Swissborg Newsflash
    Swissborg add 45 days cool down periodSwissborg add 45 days cool down period
    Saturday, 10 Dec 2022 7:45 pm
    After the heated moments of the FTX crash, Swissborg decided to add a cool down period for their customers. If you buy or deposit into your Swissborg account, it's not possible to do take out the funds during the first 45 days. If this is due to any internal problems at Swissborg, a safety measure to minimise fluctuations or something else is still unknown. But it's very annoying for Swissborg users that like to withdraw any crypto or fiat to another account. If you prefer to trade with a broker without such restrictive measures, try Kucoin instead. They do not have any...
    Read the full newsflash


    Swissborg Black Friday: 50% Off Tematics Web3 PortfolioSwissborg Black Friday: 50% Off Tematics Web3 Portfolio
    Friday, 25 Nov 2022 2:46 pm
    For those looking to invest in the top web3 digital currencies, Swissborg has a Tematics Web3 portfolio. The biggest web3 holdings at the moment are SwissBorg Token (CHSB), Cosmos (ATOM), Ethereum (ETH), Polygon (MATIC), Polkadot (DOT), Secret (SCRT), Kusama (KSM), Mina (MINA) and Cardano (ADA). All current and new customers of Swissborg gets 50% discount on the trading fees today on Black Friday


    Swissborg Thematics Goes Live To Genesis MembersSwissborg Thematics Goes Live To Genesis Members
    Thursday, 6 Oct 2022 4:21 pm
    Today, Swissborg is launching a new product that mix a range of cryptocurrencies that are more or less relevant for Web3. With the click of a button, it is possible to get diversified and invested in several web3 related coins and tokens. During the launch, 10% will be allocated to Cosmos (ATOM), 10% to Ether (ETH), 10% to Polkadot (DOT), 10% to Polygon (MATIC), 10% to Secret (SCRT) and 10% to Swissborg Token (CHSB). As if the Swissborg Genesis members did not have enough CHSB already? Not the optimal allocation of capital, but only 10% in CHSB could probably be alright, since the value of their own token gone down rather much and there should be decent upside over time. From the remaining web3 basked, 7.5% of the capital goes to Kusama (KSM) and 7.5% to Mina (MINA), while 5% each goes to Avalanche (AVAX), Cardano (ADA), Celo (CELO), Near Coin (NEAR) and Solana (SOL). Withdrawal fees for Thematics are 0.1% for all tiers, while the minimum fiat fees range from 1 EUR to 4.5 CHF. For those...
    Read the full newsflash


    Ether transfers are down for SwissBorgEther transfers are down for SwissBorg
    Tuesday, 6 Sep 2022 4:29 pm
    SwissBorg outbound and inbound transactions are usually among the quickest for most cryptocurrencies. A BNB transfer can take less than 30 seconds, and ETH is usually quicker or at least just as fast. However, when trying to do an outbound transfer from the href="https://www.cryptolists.com/platforms/" title="top list for crypto platforms">crypto platform today, Swissborg says it temporary unavailable. Meanwhile, Crypto Lists recommend Kucoin for quick transactions instead...
    Read the full newsflash


    Swissborg List NEAR Before NearConSwissborg List NEAR Before NearCon
    Wednesday, 10 Aug 2022 6:27 pm
    Just in time for NearCon, the conference about Near blockchain and Near cryptocurrency - Swissborg decided to launch the NEAR on their app. This blockchain aims to eliminate slow transaction speed, throughput and the flagship event in Lisbon will take place the 11th to 14th of September, 2022. There is surely something for everyone, with 2000+ delegates ready for networking, discussions about sustainability, NFTs, protocol updates and web3. Have you not got any Near coins in your wallet? Try Swissborg to get...
    Read the full newsflash


    Swissborg introduce crypto transfers with mobile numberSwissborg introduce crypto transfers with mobile number
    Monday, 25 Jul 2022 12:49 pm
    The latest innovation by Swissborg is what they call "Smart Send", a transfer service still in beta. By using Swissborg´s Smart Send, you can transfer money to your friends free of charge and just need to put in their mobile number. Keen to try? Sign-up for Swissborg here


    SwissBorg Burn 3.45 million CHSB tokensSwissBorg Burn 3.45 million CHSB tokens
    Thursday, 14 Jul 2022 11:43 am
    Swissborg has been doing their biggest token burn ever, 3 450 000 tokens, following a vote by the community members. Since the price of CHSB was falling against BTC, Swissborg used available funds to buy back CHSB. In June alone, Swissborg bought back 5.8 million CHSB tokens, for an average price of around €0.42 per CHSB. The top tier Swissborg members called Genesis, was the ones that voted mostly for a 100% burn of remaining tokens from the ones put aside. Keen on trading CHSB or simply want to join a simple, user friendly and affordable crypto platform? Try Swissborg now!


    Swissborg Launch Competition & NFT WhiteList Goes LiveSwissborg Launch Competition & NFT WhiteList Goes Live
    Thursday, 7 Jul 2022 11:51 am
    The Swiss crypto plattform Swissborg have launched a new competition where you can win up to 2000 CHSB, their own native token, and a premium account. The new NFT season is also going live soon, and whitelist spots are up for grabs. The f="https://www.cryptolists.com/reviews/swissborg/" title="facts, news and a complete swissborg review with pros and cons">Swissborg partner, CryptoChefs, is well known for excellent NFT projects with fantastic graphics. Sign-up for Swissborg today, the excellent and ver...
    Read the full newsflash


    Thematic crypto investments at SwissborgThematic crypto investments at Swissborg
    Wednesday, 4 May 2022 11:57 am
    The Swiss-Estonian crypto plattform Swissborg (learn more) is about to launch a new way of investing in crypto through thematics. Crypto Lists Ltd expects that you can find DeFi portfolios, Metaverse and NFT portfolios open for investment soon. Current customers get to access the new thematic crypto investment first. So what are you waiting for? Sign up at Swissborg today!...
    Read the full newsflash


    Swissborg gets PSAN licence i FranceSwissborg gets PSAN licence i France
    Wednesday, 27 Apr 2022 3:44 pm
    The crypto platform Swissborg announces that they got their PSAN license in France from AMF. This means that Swissborg can offer and store digital assets in France through its platform, on behalf of customers. This is a step towards becoming a major provider of crypto-asset management in Europe. In order to get there, they probably need to improve their support and add more crypto assets. However, Swissborg is one of the most user friendly crypto platforms out there to buy and sell a variety of popular cryptocurrencies. Try Swissborg today, and see for yourself...
    Read the full newsflash

 
Founders of Swissborg
Swissborg was founded in 2017 by Anthony Lesoismer and Cyrus Fazel. Still today, Fazel is the CEO of Swissborg. While the head office is located in Lausanne, Switzerland - there are one office in London, UK and another regulatory office in Tallinn, Estonia.
New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
Keep up to date with
 

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
exclusives.
* indicates required
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top