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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.
How to buy Crypto with a Credit Suisse bank account
The best way buy cryptocurrencies like Bitcoin and Ethereum from your Credit Suisse account is by depositing CHF or EUR into a licensed and CySEC-regulated digital asset trading platform like Uphold. Their platform allows you to deposit EUR and CHF very quickly to buy and sell over 210 cryptocurrencies. Credit Suisse users can deposit funds to Uphold via Bank Transfer, Credit Card, Debit Card or SEPA.
To get started, follow our simple guide:
- Sign Up: Create a free account on Uphold with your email address and complete the verification process.
- Connect Account: Connect your Credit Suisse account or card to Uphold by selecting the 'EUR' or 'CHF' button on your dashboard.
- Deposit Funds: You can then select the 'connect bank' button to link your Credit Suisse account to Uphold.
- Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
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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 Uphold 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 Uphold are completely free. When compared to other popular crypto trading platforms in Switzerland like Coinbase or Binance, this is the most affordable option, as 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 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.
