Actually, the interest is updated weekly, every tuesdays, and depends on differents metrics like app activity, volume, member activity on social media…
you can find more about it here: https://swissborg.com/blog/community-index
and in the end, depending on what the community index is and the total volume in the yield, you have your reward p.a:
here it’s for premium users, but for non-premium user, you have to devide the reward by 2, which is still quite good, as the community never dropped below 6 yet.
In my opinion, if you will transfer the crypto to your own wallets and hold them there, then it doesn’t make a huge difference which exchange you use. It just has to have low crypto withdrawal fees. If you want to buy and hold, using your own wallets is the most sensible approach, in my opinion.
When I entrust a significant amount of assets to a third party (i.e. holding cryto in a service provider’s wallet), then trust becomes a big issue for me. In my opinion, Bitcoin Suisse and Swissquote have a trust advantage because they have a local presence and are subject to the Swiss legal system. But if you’re comfortable with keeping your money and crypto with binance, you will get much better trading liquidity and lower trading costs there.
I mean… whose reviews are good (and not fake) on Trustpilot anyways?
It’s a cesspit for disgruntled customers and should be taken with a huge grain of salt.
If you are looking not only for BTC but also alt coins, Binance is a good option. Money can be transferred via credit card or money transfer into Binance. And just recently I sold some coins and transferred the money out of Binance to my Swissquote account with a SEPA order (CHF 0.80 expenses). It arrived the very next day to my account.
To the Swissborg users - is your app working normally?
Already for a couple of days I just get a message that I am “offline” (regardless of me being online, on wifi or 4G).
Will try to reinstall now.
47’665 EUR was around 52’940 CHF so approx. 140 CHF advantage. Given the volatility and spreads, and that today is Sunday, I think on average this would tip in favour of EUR. I don’t think there’s a big enough opportunity for arbitrage here.
I’m on my mobile and intend to look more into this later. Long term data and analysis would be interesting.
For the lazy: bity.com
Swiss company and accepting CHF. Fee’s are 0.7%, but there’s a spread, so over all it totals in about 1.2% fees (although the later not advertised). They are not costodial, so you get sent your bitcoins directly to your wallet, so save on the transaction fees from exchanges
Another one would be Relai.ch
Personally I prefer Kraken because I am using Ledger having my assets safe in a cold storage. Withdraw fees at Binance are much more expensive than Kraken. Anyway Kraken is supporting funding directly with CHF and they have paired CHF with BTC and ETH.
e.g. from Kraken away DOT: 0.03 DOT fee / same from Binance 0.1 DOT fee
If you want to store your crypto on a hardware wallet, it’s cheaper to take the Kraken route.
By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, tu confirmes avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/
Durch das Lesen und die Teilnahme an diesem Forum bestätigst du, dass du den auf http://www.mustachianpost.com/de/ dargestellten Haftungsausschluss gelesen hast und damit einverstanden bist.