SwissBorg

Halal Rating :
Comfortable
Last Price $0.22 Last updated:
Rank 271
1D Change 0.29 %
Market Cap $218.04m
Circulating supply 984,204,858
Maximum supply 985,304,868

Crypto Overview

Categories
  • Asset Management
  • Staking

SwissBorg is decentralising wealth management by making it fun, fair, and community-centric. Headquartered in Lausanne, Switzerland, SwissBorg has an international team of over 75 people and holds two licenses to provide Virtual Currency Exchange and Virtual Currency Wallets internationally. We believe that blockchain technology can empower everyone to control their wealth, and that decentralised wealth management is the next step towards a world of decentralised nations, where every individual is welcome and is fairly rewarded for their contributions. The Product: SwissBorg Wealth App Our flagship product, the Wealth App, allows users to securely exchange digital assets and invest with 17 fiat currencies, with the protection of MPC keyless technology. In the app, our revolutionary Smart Engine takes the guesswork out of investing. By connecting to Binance, HitBTC, LMAX, and Kraken exchanges, we get you the best liquidity and rates in a matter of seconds. The Multi-Utility SwissBorg Token (CHSB) The CHSB token is at the heart of our ecosystem, and offers the 5 following utilities: A) The Protect & Burn Mechanism: 20% of the revenues made on fees in the Wealth App are dedicated to protecting the price of our token. When the price arrives in a bearish zone, we automatically place buy orders. All purchased CHSBs are then burned in a transparent manner. B) Staking: Lock CHSB within the Wealth App allows users to exchange at the best price with zero fees. C) Exclusive Access: Get access to future exclusive wealth management products in the app D) Voting Rights: Participate in shaping the future of SwissBorg during our referendums E) Community Rewards: Earn rewards through the SwissBorg DAO

Crypto Impact

To assign a comfort level investing in SwissBorg from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to SwissBorg.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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Justification for our Halal Rating