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How to buy Crypto with Swissquote

How to buy Crypto with Swissquote

Adrian Graham
Fact Checked
Aug 22, 2022

Summary: Swissquote does offer cryptocurrency trading for over 34 coins, however, they charge high fees starting at 1% per trade.

We recommend that Swiss investors use an alternative multi-asset broker like eToro that offers over 70 Cryptos and thousands of Stocks and ETFs for zero commissions.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.

Can I buy Crypto with Swissquote?

Yes, you can buy Crypto with a Swissquote brokerage account. Their platform offers 34 major digital assets including Bitcoin, Ethereum, Solana, NEAR, UniSwap, Avalanche, and many others. Swissquote also provides investors with exposure to the real underlying crypto asset, which means you can withdraw it onto your personal wallet at any time.

One of the main disadvantages of Swissquote is their expensive fees and unclear spreads. As of the time of writing, Swissquote charges a 1% flat fee on all trades under 10,000 CHF in value. Their fee then scales down to 0.75% for trades between 10,000 - 49,000, then 0.5% for trades over 50,000 CHF in value.

Swissquote Crypto List
Swissquote list of available Crypto assets.

How to buy Crypto with a Swissquote Alternative?

The best alternative to buy cryptocurrencies in Switzerland is the eToro multi-asset brokerage. With over 70 different digital assets available and zero trade commissions, eToro is one of the most affordable ways to get exposure to the crypto markets. They are a regulated broker by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC).

You can get started with this Swissquote alternative in 4 easy steps.

  1. Create an account: Sign up to the eToro platform and verify your identity in Switzerland.
  2. Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen to deposit Swiss Francs (CHF) or Euros (EUR) from any European bank.
  3. Find Crypto on eToro: Once the fiat hits your account, find the Crypto, or alternative asset you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the amount you want to buy and execute your trade.
Invest in Crypto, Stocks, ETFs, Commodities and more with CHF via eToro.

Swissquote Crypto Staking

As of September 2021, Swissquote has launched a new service called Crypto Staking. This allows their clients to earn interest on their digital assets by simply holding them in a Swissquote account.  

The annual rates for staking are currently up to 13% for some assets like Polkadot (DOT) and Tezos (XTZ). This is a great way to passively earn income on your digital holdings without having to do anything other than just holding them in your account.

What is Swissquote?

Swissquote is a leading online banking and brokerage firm in Switzerland. The company was founded in 1996, and today it has over 4,000 employees spread across its offices in Zurich, Bern, Geneva, Dubai, Luxembourg, Singapore, and London. Swissquote provides a wide range of services to individuals and institutional clients, including online banking, asset management, trading, and research. Swissquote is a regulated financial institution in Switzerland and is a member of the SIX Swiss Exchange.

Swissquote

Swissquote's online banking platform offers a wide range of features and services, including multi-currency accounts, mobile banking, credit and debit cards, loans, and mortgages. The company's asset management services provide clients with access to a team of dedicated investment professionals who offer tailor-made solutions to meet their specific needs.

Swissquote's trading platform offers direct access to over 20 global financial markets and allows clients to trade a wide range of asset classes, including stocks, bonds, futures, options, and forex. Swissquote's research team provides analysis and insights into the financial markets.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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