How to buy Crypto with a UBS E-Banking
The easiest way to buy Bitcoin or Crypto in Switzerland is with a UBS Bank account is by signing up to a regulated digital asset exchange. You must be sure to sign up to a platform that accepts currencies available from UBS Bank like Swiss Francs (CHF), Euros and US Dollars.
We recommend Uphold as the fastest and most trusted way to deposit Swiss Francs, Euros or US Dollars from a UBS Account. They are the world's largest multi-asset brokerage that allow you to buy and sell over 220 Cryptos and a wide variety of Stocks, ETFs, Commodities and more. Get started with this simple guide:
- Sign up to the Uphold exchange with your email and complete the verification process.
- Connect your UBS E-Banking account or Credit/Debit Card to Uphold by selecting the fiat currency (e.g CHF) you want to deposit on your dashboard.
- You can then select the 'connect bank' button to link your UBS bank account to the platform and deposit funds.
- Find the cryptocurrency you want to purchase and execute your trade.
Once you complete your purchase of Crypto or a Stock, it will be held in your Uphold Managed Wallet for you to securely hold or withdraw onto a wallet or other platform.
UBS Bank Crypto Policy
As at time of writing, UBS Bank does not have any internal banking policies that would ban or prohibit their customers from trading digital assets. UBS Bank, and Swiss Banks generally take a pro-crypto stance which makes it easy for resident of Switzerland to buy crypto.
Overall, UBS Bank is a crypto-friendly financial institution, which means customers can safely deposit and withdraw fiat from digital currency exchanges through their UBS E-Banking account.
UBS E-Banking Deposit Fees
The fees to deposit CHF or EUR from UBS E-Banking to a trading platform like Uphold are 10bps, or 0.1% per deposit. This is much cheaper than alternative platforms in Switzerland like Coinbase who charge fees up to 2.99% per fiat deposit.
About UBS Bank
UBS Bank is one of the largest banks in Switzerland. It offers a wide range of banking and financial services to individuals, businesses and institutions. These include investment banking, asset management, private banking and wealth management. UBS Bank is headquartered in Zurich and has branches all over Switzerland.
UBS Bank was founded in 1863 as the Union Bank of Switzerland. Over the years it has grown through a series of mergers and acquisitions to become the bank it is today. UBS Bank is a publicly traded company listed on the Swiss stock exchange. It is regulated by the Swiss Financial Market Supervisory Authority (FINMA).
In the USA, UBS Bank is regulated by the Federal Reserve and the Securities and Exchange Commission. UBS Bank is considered a safe and sound institution by both of these regulatory bodies.