The need for security cannot be overstated in a crypto market like this. With recent events like Celsius halting withdrawals and transfers, it has become imperative to protect user funds. That is why it is important to have secure solutions like SwissBorg to store, trade and produce. With such a product, crypto investors can rest assured that their stored funds are safe, and in the event of bankruptcy, hack, or scam, they can still access their digital assets.
Save with SwissBorg
SwissBorg provides the most secure wallet, trading and return solution for cryptocurrency investors. Users can rest easy knowing that at the helm of this product is a group of finance and technology specialists committed to democratizing wealth management.
Instead of picking and choosing between centralized finance (CeFi) and decentralized finance (DeFi), it merges the best of these two spaces to make wealth management fun, transparent, and community-focused.
An important part of the SwissBorg model is what makes up its treasury. Rather than rush out and put most of their treasury in crypto, two-thirds are held in both fiat and stablecoins. In this way, it ensures that there is financial stability to a high degree. The rest of his treasury is only invested in “lower risk” cryptocurrencies. These include major market movers such as Bitcoin and Ethereum, along with ‘$CHSB’ tokens.
$CHSB tokens are primarily used by SwissBorg to provide funding for CHSB Yield 2.0 and reward the team. However, the platform does keep a portion of it in its treasury to serve as an emergency fund if needed.
SwissBorg’s structure ensures that users always have access to their funds no matter what happens with the platform. It does this by separating user funds from corporate funds, which is enforced by the ‘Virtual Currency License’ you hold.
safety first, always
For SwissBorg, customer safety always comes first. That is why it has partnered with one of the world’s largest escrow providers, Fireblocks, to help protect the platform. It does this by using MPC keyless technology and advanced cryptography to protect users’ personal data and assets.
The platform has multiple risk management strategies and reliable budgeting practices, which helped it avoid any exposure to UST and stay away from the inevitable crash.
In 2021, several trusted white hat hackers have pledged to conduct a penetration test on the platform. SwissBorg passed this test with flying colors. This improved their trust and safety among crypto investors.
SwissBorg’s goal is to create a platform based on security, reliability and transparency. That is why its treasury only consists of cryptocurrencies that have proven themselves, although it supports altcoins.
As for the bear market, SwissBorg has implemented contingency plans to protect against further downtrends. He plans to help rebuild the confidence of crypto investors, while also teaching them that there is always a light at the end of the tunnel.
This post SwissBorg wallet solution introduces the safest way to store cryptocurrencies
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