Buying Cryptocurrencies like Bitcoin in Switzerland is much easier than many new investors think, and can be done safely within minutes. This is thanks to the many safe and regulated exchanges that operate in Europe and are licensed to trade out of Switzerland.

Overall, the best way to buy Bitcoin and Crypto in Switzerland is through a Swiss Financial Market Supervisory Authority 'FINMA' regulated digital asset exchange.

The list below are the 3 best trading platforms that are licensed by FINMA.

Best Exchanges to buy Crypto in Swtizerland

  1. eToro - Overall Best on Features, Fees & Security
  2. FTX - Best for Institutional Investors
  3. Bybit - Best for Leverage Trading

The criteria in determining the 3 best exchanges to buy Bitcoin in Switzerland was based on factors which include available assets, trading fees, staking features and security.

Platform Highlights
  • Best overall trading platform in Switzerland.
  • Cheap CHF¬†and EUR¬†deposits and zero trading fees.
  • 70 cryptocurrencies and 7,000+¬†stocks, ETFs and more.
Deposit Methods
Bank Transfer, SEPA, Bank Wire, Debit Card or Credit Card.
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78% of retail CFD accounts lose money.

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Is Crypto Legal in Switzerland?

In Switzerland, the Swiss Federal Tax Administration (SFTA) has announced that they classify digital assets as property for the purposes of taxation. This means the cryptocurrencies like Bitcoin, Ethereum and Solana are subject to standard Swiss wealth, income and capital gains taxes.

Ultimately, this means that it is completely legal to buy, sell, trade and hold cryptocurrencies as a resident of Switzerland.

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How to buy Cryptocurrencies in Switzerland

The best method to invest in Cryptocurrencies like Bitcoin and Ethereum in Switzerland is through a trusted digital asset trading platform. Our research team recommend eToro because they offer cheap EUR or CHF deposits and thousands of assets to buy and sell.

You can get started with the simple guide outlined below:

  1. Create an Account: Register an account with eToro and verify your personal or company identification details.
  2. Deposit Fiat: Deposit Swiss Francs or Euros from any bank account in Switzerland, Europe, the United Kingdom or United States.
  3. Find Crypto: Find the crypto asset you want to buy on the eToro discover page.
  4. Execute Trade: Input the amount you want to buy and execute your trade.

eToro Switzerland

eToro Switzerland is a licensed and regulated online broker, offering a wide range of asset classes and investment products to Swiss investors. eToro is one of the world’s leading social trading platforms, with over 10 million registered users in 140 countries.

The platform offers investors the ability to invest in a variety of assets, including stocks, commodities, currencies, ETFs, and indices. eToro also offers a unique social trading platform, which allows investors to copy the trades of other successful investors on the eToro network.

eToro is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and is a member of the Swiss Bankers Association.

Pros

  • Widest variety of assets
  • Zero fees on crypto and stock trading
  • Sleek and easy to use app
  • Lowest fees at 0 commissions

Cons

  • Spreads can get wide
  • Only offers 70 cryptocurrencies
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FTX Switzerland

FTX is a cryptocurrency derivatives trading platform founded in 2019 by Sam Bankman-Fried, the CEO of Alameda Research. FTX offers perpetual contracts and futures on a variety of cryptocurrencies including Bitcoin, Ethereum, Litecoin, EOS, Tron, and XRP. The company also offers Leveraged Tokens which provide 3x exposure to the underlying asset.

The company has raised $8 million in seed funding from investors including Polychain Capital, Galaxy Digital, and BlockTower Capital. In 2019, FTX was the exclusive derivatives sponsor for the Consensus conference.  FTX is headquartered in Singapore with offices in San Francisco and Hong Kong.

FTX is one of the few exchanges that allow users to short Bitcoin, and has become popular with traders who are bearish on the cryptocurrency. The exchange also offers a variety of novel products including the BULL and BEAR tokens which track the performance of the S&P 500 index.

Pros

  • Great for institutional investors
  • Deep liquidity and low fees
  • OTC¬†Desk for large orders

Cons

  • Complicated user interface
  • Customer support is slow
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Bybit

Bybit is a cryptocurrency derivatives exchange that offers BTC/USD and ETH/USD perpetual contracts with up to 100x leverage. The company is headquartered in Singapore and was founded in March 2018.The Bybit team consists of industry veterans who have worked at companies such as Amazon, Goldman Sachs, Morgan Stanley, and Facebook.

The Bybit platform is designed for institutional and professional traders. It offers a variety of features such as low latency, high-speed order execution, advanced order types, and 24/7 customer support. Bybit has gained popularity among traders due to its user-friendly interface, competitive fees, and growing NFT Marketplace.

Pros

  • 100x Leverage on Crypto.
  • Deep liquidity for derivatives and options.
  • No¬†KYC¬†is required.

Cons

  • Customer support is slow
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How to invest in Bitcoin with OTC in Switzerland

If you are a high-net worth investor looking to invest over $500,000 USD equivalent in Swiss Francs (CHF) - we would recommend the FTX OTC Desk. They are the premier OTC Desk for institutional investors in the United States, Europe and throughout Asia and Oceania.

The FTX OTC Desk provides instant access to quotes for over 50 different digital currencies with their white-glove service and elite team of account executives.

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Bitcoin Wallets in Switzerland

If you are new to investing in cryptocurrency, we recommend you use the secure managed wallets on the regulated cryptocurrency exchange you decide to buy Cryptocurrency. Because Digital Asset providers are regulated in Switzerland, all assets are held within secure custody that passes a threshold test set down by regulators.

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The Swiss Government and Crypto

Switzerland has been a hotbed for cryptocurrency and blockchain activity in recent years. The country is home to a number of well-known companies in the space, including Ethereum, ShapeShift, and Xapo.

The Swiss government has been supportive of cryptocurrency and blockchain technology. In 2016, the Swiss Financial Market Supervisory Authority (FINMA) published guidelines on how it would treat cryptocurrencies. The guidelines clarified that blockchain tokens can be classified as assets, meaning that they are subject to securities laws.

In 2018, the Swiss canton of Zug began accepting Bitcoin (BTC) for tax payments. The city of Zug has also been experimenting with a digital ID system based on blockchain technology. There is also a foundaction called The Swiss Cryptocurrency Association (SVCA) is a non-profit organization that promotes the development of the cryptocurrency and blockchain industry in Switzerland.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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