Crypto Banks
How to buy Crypto with Credit Suisse

How to buy Crypto with Credit Suisse

Andrew Chen
Fact Checked
Sep 23, 2022

Summary: The only way to buy Bitcoin or Crypto with a Credit Suisse account is by depositing fiat into a licensed online brokerage platform in Switzerland.

Our research team recommends eToro because they are regulated and offer the fastest and cheapest CHF & EUR deposits from Credit Suisse account holders to buy, sell, and trade crypto.

Table of Contents

Platform Highlights

  • Fast and cheap CHF or EUR deposits from Swiss & European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.
78% of retail CFD accounts lose money.

Can I buy Cryptocurrency with Credit Suisse?

Credit Suisse is the largest bank in Switzerland, boasting the most customers and over $500B in assets held in custody. Despite its size, Credit Suisse and its online banking platform does not support any cryptocurrency or Bitcoin services for customers to buy or sell. This is because they do not have the technical infrastructure to support cryptocurrency wallets just yet.

The only way to safely buy Bitcoin and cryptocurrency from your Credit Suisse account is by depositing CHF or EUR into a licensed and regulated digital asset trading platform in Switzerland.

How to buy Crypto with a Credit Suisse bank account

The best way to buy Crypto in Switzerland and other cryptocurrencies with a Credit Suisse account is through eToro EU. Their platform allows you to deposit EUR and CHF very quickly to buy and sell over 40 cryptocurrencies and all major stocks, ETFs, commodities and bonds.

To get started, follow our simple guide:

  • Step 1: Sing up and verify your eToro EU trading account.
  • Step 2: Select the 'Deposit Funds' button and Bank Transfer as your preferred payment method.
  • Step 3: Open your Credit Suisse online bank account and transfer funds to the unique deposit details provided to you. The image below is an example, and not the details you send fiat to from Credit Suisse.
  • Step 4: Once the fiat has loaded onto your account, you can buy and crypto, stock, ETF, commodity or bond listed on the eToro platform.
Deposit EUR, GBP or USD via Credit Suisse to buy Crypto on eToro.

Is Credit Suisse a Crypto Friendly Bank?

Credit Suisse and Switzerland more broadly are both crypto-friendly and allow their customers & citizens to freely engage with the asset class. As at time of writing, there are no banking policies that would ban Credit Suisse customers caught buying or selling digital assets like Bitcoin, Ethereum, Solana or Avalanche.

Customers must use licensed and regulated trading platforms like eToro and avoid off-shore exchanges. If clients are caught engaging with off-shore platforms, Credit Suisse may freeze your bank account.

Credit Suisse Crypto Deposit Fees

The fees to deposit EUR or CHF from Credit Suisse into eToro are extremely cheap and cost a maximum of 50 basis points, or 0.5%. When compared to other popular crypto trading platforms in Switzerland like Coinbase or Binance, this is very cheap because they charge up to 1.99% per deposit.

About Credit Suisse?

Credit Suisse is a leading global financial services firm headquartered in Zurich, Switzerland. The company provides a wide range of services for private, corporate and institutional clients, including banking, asset management, wealth management and investment banking.

Credit Suisse Bank

Credit Suisse has a long history dating back to 1856, when it was founded as Schweizerische Kreditanstalt (Swiss Credit Institution). Today, the bank is one of the largest in Switzerland with over CHF 700 billion in assets and a strong presence in key financial centres around the world.

There are many reasons to choose Credit Suisse as your banking partner. The bank offers a wide range of services and products, which can be tailored to your specific needs. Credit Suisse also has a strong commitment to responsible banking and sustainability.

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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