SwissBorg Review

For those seeking transparency and simplicity in crypto trading, this SwissBorg review can be a great starting point. The app is designed for beginners, focusing on passive income opportunities, intuitive tools, and a smooth user experience.

SwissBorg also takes wealth management seriously through AI-powered tools and curated crypto baskets to help you diversify portfolios with minimum research.

Still, a good exchange should balance many factors, right? I’ll explore everything you need to know while comparing the platform with top-tier exchanges like Binance and Bybit to determine if it aligns with your needs.

SwissBorg Review: Quick Overview

Let's start with the essentials! In this table, I'll give you a snapshot of what is SwissBorg, its features, security measures, and more – a good starting point before we explore the platform in greater detail in this SwissBorg review.

Table: Overview of SwissBorg features

You might wonder, "What does it mean that SwissBorg is a MEX?". Well, it claims to be:

#BetterThanCEX

It actually is a crypto wealth management platform that offers a Meta-Exchange, MEX in short. It works like a smart price-comparison engine for crypto trading. When you want to buy or sell crypto, the MEX checks prices across multiple exchanges (both centralized and decentralized ones) and picks the best available deal for you.

It also handles trading between different blockchains (like swapping tokens from Solana to Ethereum) without you needing to manually use complicated bridges or multiple wallets. Basically, SwissBorg simplifies crypto trading by automatically finding the fastest and cheapest route.

📚 Read More: Best Cryptocurrency Exchange

SwissBorg Alternatives

If SwissBorg isn’t available in your country or you prefer a "more traditional" crypto exchange with professional trading tools, check these winning options instead:

• Binance. Binance has 600+ cryptocurrencies to buy/sell and a huge variety of features to choose from. Plus, it's available in over 180 countries.
• Bybit. An all-in-one derivatives exchange that is suitable for more advanced users, operating in more than 160 countries and offering over 1,800 cryptos.
• Coinbase. An easy-to-use crypto trading platform with optional access to advanced features via Coinbase Pro. Available in over 100 countries, but especially popular in the US.

	COINBASE	BINANCE	BYBIT
Overall Score	9.6	8.1	8.0
Best For	Advanced Users & Beginners	Advanced Users & Beginners	More Advanced Users
Operating Countries	United States, United Kingdom, Germany, Canada, France, + 100 more	Turkey, Argentina, Vietnam, Ukraine, + 180 more	South Korea, United Kingdom, Ukraine, Turkey, +160 more
Latest Coupons	GET $200 REWARD All Coinbase Coupons	See All Coupons of Best Exchanges	See All Coupons of Best Exchanges
Verdict	A reliable, well-known and respected cryptocurrency exchange platform.	One of the leading crypto exchange platforms in the industry.	A popular crypto derivatives exchange with some super-low trading fees.
	Visit site Read review	See TOP10 Brands Read review	See TOP10 Brands Read review

Table: A comparison of Bybit, Binance, and Coinbase

Note that each exchange has unique strengths. Carefully evaluate which one best aligns with your goals and trading style.

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

Who’s SwissBorg For?

I get that some exchanges aren't for everyone – each may target a specific audience. SwissBorg, for example, has an award-winning app through its simple buy/sell crypto capability. However, its availability is restricted in certain regions, and it has limited advanced trading features. So, who is the app's target audience? Here's what I found after checking many user SwissBorg reviews and trying it out myself:

• Beginners. It offers an easy-to-use app with an onboarding checklist and comprehensive filters. Additionally, it provides curated crypto baskets that bundle multiple coins and tokens together, allowing users to diversify their portfolios without extensive research.
• People who trade on the go. SwissBorg’s mobile-only approach enables users to deposit funds, trade crypto, and monitor performance on its app.
• Most EU residents. Given its Swiss origins and focus on European licenses, the app is well-suited for EU residents. That said, its compliance with existing regulations might be challenging for non-EU users, potentially attributed to the stringent regulatory environment within the EU.

This list represents my personal observations and research, but every trader has unique needs and preferences. Research thoroughly about the platform and, if possible, create an account to get firsthand experience.

Advantages

Secure, user-friendly, and reliable – those are common keywords mentioned in user SwissBorg reviews. Combined with my experience on this platform, here are the key benefits that make the platform a top choice for traders:

• Curated baskets of crypto assets;
• SwissBorg Earn competitive APY;
• AI-powered tools for asset management;
• Award-winning app.

The first benefit refers to SwissBorg’s Crypto Bundle feature that offers curated baskets of cryptocurrencies, categorized by themes, like "DeFi" and "Gaming". The assets are carefully selected and rebalanced by the internal investment team, which is particularly beneficial for beginners who may feel overwhelmed by the number of tokens available.

Beyond the Crypto Bundle feature, this platform provides a competitive Annual Percentage Yield (APY) on your crypto holdings via SwissBorg Earn. Users can generate passive income by staking their crypto assets or participating in various yield-generating strategies.

Additionally, my positive impression of the interface is apparently justified, as the SwissBorg app has won multiple awards for its excellent UI/UX.

Finally, I particularly like the AI-powered portfolio visualizer that shows an overview of total deposits, withdrawals, and profit/loss, as well as a percentage breakdown of your holdings. These insights help manage risk effectively without using another third-party portfolio tool. Besides, you can access it from the convenience of your phone.

📚 Read More: Best Crypto Tracker

Limitations

Despite many five-star user SwissBorg reviews, this platform may not be the ideal fit for every trader. Here’s a compilation of limitations you should consider:

• Not so accessible for international users;
• Limited support channels;
• Ineffective support.

One major limitation is that the platform is only available in 50 countries, as of now. Besides the access restriction, some international users have reported difficulties in withdrawing funds. Apparently, the delays were primarily due to strict EU regulations, which create challenges for both financial institutions and traders.

On the other hand, SwissBorg primarily relies on in-app support, which, while potentially enhancing security, may bother users preferring alternative channels like email or website-based live chat. Some also express concerns about repeatedly submitting tickets and re-explaining issues. Furthermore, the perceived threat of account lockouts can create unnecessary anxiety.

Trading Tools

What is SwissBorg’s trading focus? When I first explored the platform, I quickly noticed that it primarily focuses on providing a simple experience for buying and selling cryptocurrencies – no advanced features like futures trading and margin trading.

Such simplicity makes the app more accessible to beginners or those who prefer hassle-free transactions, as evident from the following features:

• Smart exchange;
• Limit orders;
• Buy Crypto with a card;
• Crypto Bundles;
• Auto-invest;
• Smart Send.

While it doesn't support advanced trading methods, SwissBorg improves the basic buy-and-sell process with Smart Engine, accessible through the "Smart exchange" menu. It aggregates liquidity from multiple cryptocurrency exchanges, like Binance and Kraken, to ensure users receive the best prices. The system accounts for fees and slippage, adding more value.

You can also simply buy crypto with your card (Apple Pay and Google Pay are supported, too). This feature allows you to start with as little as €10. Also, your payments are secured with the 3D Secure system.

Alternatively, traders can use "Crypto Bundles" to diversify their portfolios. It’s a bundle of crypto assets grouped around a specific theme, like gaming and DeFi. Instead of manual selections, SwissBorg’s analysts create a ready-to-buy diversified portfolio based on factors like the coins’ theme alignment, tokenomics, and risk-reward considerations.

Additionally, as market conditions change, the "Rebalancing" capability in Crypto Bundles looks after your risk management. It takes profit from what's performing best and buys more of what hasn't risen as much to keep your portfolio balanced.

If you are a long-term investor, consider "Auto-Invest". It uses the Dollar Cost Averaging (DCA) strategy that reduces the impact of price fluctuations and, apparently, achieves better investment returns for regular traders.^[1]

SwissBorg also provides an AI-powered portfolio visualizer and analytics tool that can forecast an asset’s movement and show easy-to-understand information about current market trends.

Plus, while this might not be a trading feature per se, SwissBorg offers the Smart Send tool, which allows you to instantly send crypto with 0 gas fees to others in over 115 countries.

📚 Read More: How to Use AI For Crypto Trading

Staking and Earning Rewards

Although this platform doesn’t provide advanced trading capabilities, it offers an interesting earning opportunity named SwissBorg Earn (previously known as Smart Yield).

This earning program lets you stake your assets in return for a daily yield. Your options depend on the asset you choose, offering a range of approaches from low-risk to high-risk, with the potential of earning bigger rewards. All earnings are automatically reinvested, allowing your initial investment to grow over time through compounding.

At the time of writing, SwissBorg Earn strategies support 20+ crypto assets, including prominent options like MATIC, ETH, and ADA. Ensure you hold an Earn-eligible crypto before participating. While this selection offers a good range, it's notably smaller than the over 180 tokens supported for earning rewards on platforms like Binance.

Still, SwissBorg Earn may appeal to some users with its Borger Journey program that helps boost yield and lower trading fees. By holding some BORG, the platform's native token, you can get points and increased benefits based on your total holdings and engagement with the mobile app.

Each level in the Borg Journey program is called a "Camp", and there are six levels, from Standard to Genesis. The more Borger Points you accumulate, the higher your Camp level is, and the more benefits you receive, including increased voting power and early access to new features and earning strategies.

📚 Read More: Staking in Crypto

Fees and Limits

So, what's the deal with the exchange fees? An advanced technology like Smart Engine provided by this platform often comes at a cost, potentially higher fees to cover associated expenses. From the deposit to SwissBorg withdrawal fees, here's a simple breakdown for you:

Table: The fee structure on SwissBorg

The following section provides a more detailed explanation of the fee structure outlined in the table above:

• Free deposit with exceptions. SwissBorg offers free deposits for fiat currencies, stablecoins, and crypto assets made from bank accounts, but charges apply to deposits using credit/debit cards, Google Pay, and Apple Pay. Note that processing fees might also be incurred from the bank or provider you're sending funds from.
• Fee tiers and program levels. Higher levels within the Borger Journey Program and increased KYC verification privileges unlock lower exchange, Auto-Invest and Crypto Bundle fees. There are 6 levels in total (Standard, Explorer, Community, Pioneer, Generation, and Genesis).

• Card, Google Pay & Apple Pay deposit fees. Standard card deposits cover most EU countries, whereas International card deposits apply to all other countries, including the UK and Switzerland.
• Crypto Bundle fees. A small monthly subscription fee is deducted from your bundle balance to support the SwissBorg ecosystem, while exchange fees apply when buying or selling bundles.

With a clear understanding of available trading tools and SwissBorg fees, take your time to see if the platform really fits your needs, as there are more evaluations to comb through.

📚 Read More: The Different Types of Crypto Fees Explained

Bonuses and Special Offers

Besides fees and limits, the earning program mentioned in the previous part of my SwissBorg review influences the bonus you get. The platform prioritizes user benefits by actively collecting and redistributing airdrops and extra rewards through its Earn strategies.

But let's backtrack a bit - airdrops are free cryptocurrency tokens distributed by projects to promote adoption,^[2] while extra rewards can include points or other benefits. SwissBorg proactively collects these rewards and gives them away to eligible users who have invested in certain amount in their Earn strategies.

However, note that while the app strives to maximize user rewards, the collection and distribution process is discretionary and subject to various factors, including technical and compliance considerations. As a result, there’s no guarantee that all rewards will be successfully retrieved and transferred.

On top of that, you can earn by referring your friends to SwissBorg. You can earn €5-50 worth of BTC reward tickets. Just note that you'll only get the reward once your referral opens a SissBorg account and deposits at least €100 worth of crypto or fiat into their account.

📚 Related: Best Crypto Deals

User Experience

The platform's user experience, particularly its intuitive UI, is a key factor that attracts many users. For instance, as of writing this SwissBorg review, the platform's mobile app has received numerous awards, including "Mass Adoption Project of the Year" and "Top Swiss Fintech Startups". Such recognition demonstrates its commitment to accessibility and innovation.

One notable feature is its seamless onboarding process, guided by a straightforward checklist. From entering personal details to completing identity verification, users are informed upfront about the requirements, ensuring they’re well-prepared for each step.

The marketplace further improves usability with its intuitive filters (e.g., "Earn" and "Stablecoins"), sorting options (e.g., percentage change and yield percentages), and a robust search function. You can also adjust some settings, like display currencies and themes, to meet your preferences.

In case you start your journey by exploring the website, you may encounter a similar experience. It features a user-friendly interface with easy navigation. Menus are structured, clearly labeled, and presented in three languages: English, French, and Dutch, ensuring accessibility for a wider audience.

Security

Sure, the trading process here is straightforward, and the UI is intuitive, but is SwissBorg safe? Interestingly, security is one of the app's most frequently praised aspects.

First of all, the app uses Multi-Party Computation (MPC) keyless technology. Essentially, MPC allows a group of individuals to perform a computation collaboratively while keeping their sensitive data private,^[3] ensuring your asset remains secure. SwissBorg also works with a third party to audit its security performance.

Talking about user funds, the internal team mentions that your money remains under your control. The platform maintains a strict separation between user funds and company assets to ensure the safety of your investments, even in unforeseen circumstances that might impact the platform.

To further increase security, SwissBorg lets you set up a passkey or a standard two-factor authentication (2FA). With the former, it’s possible to install the mobile app on a new device in a matter of minutes in case you forget your PIN.

On top of that, it requires users to pass KYC to stay compliant with all the necessary regulations. There are three KYC verification levels, each increasing your deposit and withdrawal limits:

Table: SwissBorg KYC verification levels

You must pass Level 1 upon creating an account. Level 2 verification is required once your deposits exceed €5,000, and Level 3 verification is necessary when total deposits surpass €50,000.

Customer Support

SwissBorg boasts a comprehensive help center on its website, featuring detailed guides and even step-by-step video tutorials for various topics.

While these resources are valuable for self-service support, they lack two-way communication channels on the website. As of writing this SwissBorg review, two-way communication, such as live chat or email support, is exclusively limited to the app.

Users must sign up, provide their legal name, and verify their email address to contact support. Moreover, you can open tickets to report issues and ask questions to the live agent or interact with the Cyborg bot for instant responses to common inquiries.

SwissBorg’s support team is available 7 days a week, but they don’t operate from 1:00 to 5:00 AM (UTC). Messages received during these hours are attended to as soon as business hours resume.

If users can't access the app, they can email a specific address or fill in the contact form on the help center to get in touch with the support team. During the process, they may ask you for additional identity verification to ensure that sensitive information is not shared with unauthorized individuals.

While this policy improves security, it could be considered inconvenient for users who prefer traditional support methods or are still in the research phase. Potential traders exploring SwissBorg might find it limiting that they can’t easily inquire via the website without going through the app.

Localization and Regional Adaptability

As evident, the platform lacks live chat support on the website and has other drawbacks, but is SwissBorg legit in terms of regulatory compliance?

Well, it’s worth mentioning that it has acquired several licenses from different regions across Europe to make sure that its operations comply with relevant regulations.

At the time of writing, users from around 47 countries can access the app (only residents on the list can download the program, plus they need to provide a phone number for verification). Luckily, the team plans to expand the jurisdiction over time.

The good news is that the mobile app supports deposits and withdrawals in 16 fiat currencies, enabling users to invest in crypto using their preferred currency.

Still, I noticed in user SwissBorg exchange reviews that some have highlighted issues with the team’s understanding of certain countries’ residency procedures. For instance, an account from Greece reported significant delays in the verification process, even after submitting the required documentation and completing video verification.

Meanwhile, a non-EU resident reported that they experienced difficulties withdrawing funds from the platform. After an international call with the support team, it became clear that these delays were primarily due to overly stringent EU regulations, which create challenges for both financial institutions and traders.

How to Use SwissBorg

At this point in my SwissBorg exchange review, you've learned a lot about the platform. Are you interested in trying the app yourself?

If so, let's learn how to use SwissBorg!

How to Create a SwissBorg Account

Here's how to sign up on SwissBorg:

Registration is done! You can now explore the app in "read-only" mode to familiarize yourself with its features. Once you're ready to proceed, initiate account verification by tapping on any transaction function, such as [Deposit] or [New Auto-Invest].

How to Deposit on SwissBorg

Once your account is verified, you can deposit funds to start buying cryptocurrencies by following these steps:

The deposit process usually takes a few seconds to complete. Once successful, you'll receive a confirmation message. Tap [Finish] to proceed with cryptocurrency purchases.

How to Withdraw From SwissBorg

To withdraw funds from your SwissBorg account, follow these simple steps:

The app should show the status of your withdrawal and notify you as soon as it's finished.

Comparison to Other Popular Exchanges

To truly understand the platform's strengths and weaknesses, let's see how it fares against the competition. In this part of my SwissBorg review, I'll conduct a comparative analysis, pitting it against well-known centralized exchanges.

SwissBorg VS Binance

SwissBorg and Binance cater to different types of audiences. The latter has a feature-rich interface and powerful features, which can be overwhelming for beginners but are necessary for advanced traders.

When it comes to trading features, SwissBorg focuses on a simple buy-and-sell approach, backed by its Smart Engine that secures the best prices across multiple exchanges. On the other hand, Binance offers extensive trading tools, including spot, futures, margin trading, trading bots, and various order types.

Regarding earning features, Binance leads the way by offering a wider variety of staking options across numerous assets, which can be more appealing to users with diverse portfolios. But that's not the only way to earn on the exchange – you can also try advanced earning features, such as Dual Investment, Smart Arbitrage, and On-chain Yield.

Add to that all the additional tools, such as an NFT marketplace, fan token platform, a mining pool, among others, and you'll have a truly extensive crypto trading hub.

📚 Read More: Binance Review

SwissBorg VS Bybit

SwissBorg and Bybit serve different types of cryptocurrency users. The former is designed for beginners, prioritizing a simple interface and trading functionality, while the latter attracts advanced traders seeking leveraged trading and derivatives with professional-grade tools (although beginners can still benefit from Bybit's user-friendly interface).

When it comes to passive income, SwissBorg has transparent yield-earning programs for 20+ tokens and tools like yield calculators. On the other hand, Bybit offers staking options for 180+ products with flexible and fixed terms, which can potentially offer higher rewards. Regarding fees, Bybit is more cost-effective for active traders with competitive maker and taker rates.

Security and support differ significantly between the two. SwissBorg operates from Switzerland and focuses on regulatory compliance, making it ideal for users prioritizing safety. On the other hand, Bybit applies robust security measures like multi-signature wallets and cold storage.

In terms of support, Bybit provides fast and responsive 24/7 live chat, whereas SwissBorg has in-app ticketing without live chat.

📚 Read More: Bybit Review

SwissBorg VS Coinbase

Both SwissBorg and Coinbase emphasize ease of use, but these platforms target slightly different user bases. The former is tailored for beginners or traders who value simplicity. On the other hand, Coinbase, known for its clean interface, also targets newcomers but provides slightly more comprehensive trading functionalities through its Advanced version for pro traders.

Most importantly, Coinbase’s extensive fiat and cryptocurrency support, coupled with its regulatory compliance in multiple jurisdictions, provides peace of mind for those seeking a secure and trusted platform. It even provides services to users in the US, which SwissBorg does not.

Plus, Coinbase has various other features, including a crypto debit card, earning with over 130 assets, as well as business- and developer-focused tools.

📚 Read More: Coinbase Review

Pros

• Secure and reliable
• Accepts fiat currencies
• Lots of trading options

Main Features

• Reputable exchange
• Accepts fiat currencies
• Offers various trading options

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Pros

• Fiat currencies - accepted
• Simple to use
• Accepts only the most trustworthy cryptocurrencies

Main Features

• A leading cryptocurrency exchange platform
• Best for beginner investors
• Accepts fiat currencies

GET $200 REWARD

Pros

• Fully reserved and transparent
• Multiple tradable asset classes
• Over 300 supported cryptos

Main Features

• Over 300 cryptocurrencies
• Secure & transparent
• Fully reserved

$20 in BTC

Conclusions: Is SwissBorg Right for You?

Time to conclude my SwissBorg review. Let's start with the main question - is SwissBorg legit? Yes, it does seem legit, especially taking into account all its security features.

That said, I think it's made mainly for Europeans seeking a user-friendly platform for their wealth management without the complexity of advanced trading features. SwissBorg's mobile-only approach makes it ideal for those who frequently trade or monitor their portfolios on the go, but it is not the best for those who seek a desktop trading experience.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Kirkby J. L., Mitra S, Nguyen D.: 'An Analysis of Dollar Cost Averaging and Market Timing Investment Strategies';

2. Allen D. W. E., Berg C., Lane A. M.: 'Why Airdrop Cryptocurrency Tokens?';

3. Maurer U.: 'Secure Multi-Party Computation Made Simple'.