New crypto investors or traders should know what is SwissBorg and the features and services it offers to the users before they start using it. Novice parties should always take their time to look through the details of an exchange. Knowing about the available features and services can help the interested parties in discovering the suitability of the exchange according to their criteria and requirements.
The same principle applies if you are interested in using the SwissBorg exchange. There are several platforms that are in competition with SwissBorg. However, it is known to be one of the most popular platforms, the reasons for which you should know.
As a potential user of the exchange you should know what sets this exchange apart from others available in the crypto market. This will not only make it easier for you to decide but also give you a good idea about the kind of exchange you should opt for.
Therefore, here are some major and outstanding elements of the crypto exchange you should be familiar with.
What is SwissBorg – Introduction of the Exchange
The SwissBorg exchange is a popular crypto exchange, launched in 2016 and headquartered in Switzerland. This is one of the fastest growing crypto platforms as it now offers its services to a vast audience all over the globe.
The purpose of the crypto exchange is to make crypto trading and investing easier, safer and quicker. It offers a multitude of personalized services and unique tools that enable people to manage their crypto portfolio in a more efficient manner.
There are several outstanding aspects of the exchange that make it a prominent option for a large audience. Therefore, if you want to know what is SwissBorg then you need to know more than the basic introduction of the exchange.
Supported Digital and Fiat Currencies
SwissBorg is a powerful and versatile crypto exchange that offers support to some of the best features. One of the aspects that is also a reason for its popularity and success is the support it offers to fiat and digital currencies.
Not many crypto platforms offer such support. SwissBorg not only supports a variety of assets but also enables the users to make exclusive trading pairs using the available fiat and digital currencies.
If you are interested in knowing what is SwissBorg then you should know that it is a platform where you will have several options.
Here are the fiat currencies supported by the platform.
The available crypto assets are mentioned below.
- Binance Coin
- Kyber Network (KNC)
- PAX Gold
- USD Coin
Safety and Security Offered
The SwissBorg exchange stands out among other platforms, thanks to the fact that it offers impressive security to the users. This platform aims to offer a secure and stable experience to the people who want to buy or trade crypto assets. Therefore, the platform prioritizes the security offered to the users, which makes it one of the safest crypto platforms in the market.
The administrative team of the exchange is comprised of experts who make sure every user of the exchange has a good, safe and pleasant experience of using it.
Some of the advanced security protocols used by the exchange are:
- Advanced security software
- MPC cryptography
- Platform stress testing
SwissBorg Wealth App
While knowing what is SwissBorg, you should also know that one of the best and most prominent features of the platform is the Wealth App.
This application offers several features to the users and simplifies the process of trading and investing in crypto assets.
The SwissBorg Wealth App offers in-built tools, features, functionalities that help the users in carrying out their crypto portfolio analysis and investing in digital assets.
Other features of the Wealth App include:
- Access to several digital currencies in one bundle
- Easy-to-navigate trading interface suitable for all traders
- Help of advisors
- Numerous trend prediction algorithms
- Several in-built analytical features
- Straightforward way for users to monitor orders and place then while on the go
- SwissBorg Smart Engine
Fee Structure of the Exchange
The fee structure of the SwissBorg exchange is an essential aspect to know about. The fee charged by every exchange should be explored properly by the novice parties so they can determine if the platform is according to their needs or not.
Here are the details of the fee charged by SwissBorg.
- Average withdrawal fee of 0.10%
- Conversion fee ranging from 0.5% to 2.00%
- Gas fee
- No fee for deposits
Possible bank charges