Can I buy Cryptocurrencies with Postfinance?
The short answer is no, Postfinance Bank does not offer any investment services through their E-Banking app. This is because their bank does not support the necessary digital asset infrastructure required to custody users funds through Crypto wallets.
How to Invest in Crypto with Postfinance E-Banking
The best way to buy cryptocurrencies like Bitcoin, Ethereum or Solana with your Postfinance online banking account is through a trusted broker like Uphold. They offer over 200 digital assets and thousands of other Stocks, ETFs and other securities with zero trading fees. Their platform is licensed and regulated by the FCA, ESMA and FinCEN,
You can deposit fiat in minutes from a Postfinance bank account in 4 simple steps.
- Sign Up: Create an account on Uphold and complete your verification.
- Connect Account: Connect your Postfinance account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
- Deposit Funds: You can then select the 'connect bank' button to link your Postfinance account to Uphold.
- Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
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Is Postfinance Crypto-Friendly?
Postfinance does not have a history of being particularly supportive or unsupportive of the cryptocurrency industry. However, in light of recent events, it seems that Postfinance is open to working with companies in the space.
In January 2021, Postfinance announced that it would be partnering with Swiss crypto startup SMART VALOR to offer digital asset custody services. This move is a big step forward for the cryptocurrency industry in Switzerland, as it shows that Postfinance is willing to work with companies in the space.
About Postfinance
Postfinance is the banking subsidiary of Swiss Post, offering a range of financial services to both individuals and businesses. It is one of the largest banks in Switzerland, with over 2 million customers and over CHF 100 billion in assets under management.
The bank offers a wide range of services including retail banking, business banking, wealth management, and payments services. It also has a strong online presence, with over 1 million active online banking users. Postfinance is headquartered in Bern, Switzerland and was founded in 1906.
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Final Thoughts
Postfinance Bank in Switzerland does not offer any direct cryptocurrency investment services through their E-Banking app, however users can still invest in digital assets through a trusted broker like Uphold. Uphold offers a wide range of digital assets with fast and cheap EUR or CHF deposits from Postfinance accounts. It is important to note that investing in cryptocurrencies involves risks and individuals should do their own research before investing.