SwissBorg, Europe’s leading app for investing and earning crypto, announced the launch of its Cashback program beginning September 30th, enabling users to save up to 90% on trading fees with every trade. The program is supported by a conservative estimate of $15 million in annual BORG buybacks, representing a twentyfold increase compared to 2024.
With this launch, SwissBorg users receive cashback on every trade, with rates increasing based on the amount of $BORG they stake. There are no additional steps required, as cashback is applied automatically, allowing users to trade as usual while reducing their effective fees.
Cashbacks are distributed in $BORG, with SwissBorg purchasing tokens from the open market to fund the program. Each cashback is automatically staked, removing tokens from circulation and contributing to sustained buy pressure. This mechanism ties the cashback program directly to the health and growth of the broader SwissBorg ecosystem.
As cashbacks are auto-staked, users progress toward higher Loyalty Ranks. Advancing in rank unlocks a range of benefits, including boosted yield rates, access to exclusive pre-TGE deals, and eligibility for rewards and airdrops.
“The cashback campaign aligns user benefits with the growth of our ecosystem,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “By linking trading activity to sustained BORG buybacks, we’re creating a straightforward way for users to reduce fees while strengthening the long-term stability of our token and platform.”