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How to Buy Crypto with Postfinance

How to Buy Crypto with Postfinance

Summary: Postfinance does not directly offer any cryptocurrency investing services for their banking customers in Switzerland. To invest in digital assets, you will need to sign up to a FINMA-licensed exchange to buy crypto with a Bank Transfer from your Postfinance bank account.

Based on our analysis of over 50 exchanges, we recommend Uphold which is regulated in Switzerland and offers fast and cheap EUR or CHF deposits from Postfinance accounts. Their platform offers over 250 cryptocurrencies with the lowest fees compared to competitors in the region. Uphold is licensed, regulated and trusted by millions of users in Europe.

Table of Contents

Best Crypto Broker for Postfinance

Platform Highlights

  • Trade over 250 Cryptos with fast and cheap EUR or CHF deposits from Postfinance.
  • Regulated and Licensed by the Financial Conduct Authority (FCA).
  • Trusted by millions of institutional and retail investors across Europe.
Uphold - Postfinance
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Audited Proof of Reserves
Audited Proof of Reserves

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.

  1. Sign Up: Create an account on Uphold and complete your verification.
  2. Connect Account: Connect your Postfinance account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
  3. Deposit Funds: You can then select the 'connect bank' button to link your Postfinance account to Uphold.
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
Buy Crypto Postfinance
Deposit Euros with Postfinance.

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.

Postfinance
Postfinance Online Banking.

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.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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