Credit Suisse is the largest bank in Switzerland, boasting the most customers and over $500B in assets held in custody. The only way to buy Bitcoin or Crypto with a Credit Suisse account is by depositing CHF or EUR into a regulated exchange.

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

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Can I buy Cryptocurrency with Credit Suisse?

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.

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How to buy Crypto with a Credit Suisse bank account

The best way to buy Bitcoin 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: Find the 'Deposit Funds' button on the bottom of your screen and click it to deposit EUR onto the eToro platform.

Deposit fiat from Credit Suisse to buy Crypto

Step 3: Select 'Bank Transfer' as your preferred payment method and 'EUR' as your fiat currency.

Buy Crypto with Credit Suisse

Step 4: 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 5: Once the fiat has loaded onto your account, you can buy and crypto, stock, ETF, commodity or bond listed on the eToro platform.


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.

Visit eToro EU
Posted 
May 17, 2022
 in 
Crypto Banks
 category

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