Top Crypto Trading Platforms in Switzerland

In our search for the best cryptocurrency exchanges for Swiss investors, we evaluated over 50 platforms to find the top options. Our analysis was based on several key factors, including regulatory compliance with Swiss laws, the range of assets offered, user-friendliness, availability of CHF deposit options, fees, and other important considerations. Our findings are presented in the following breakdown of the top five exchanges in Switzerland.

1. eToro

eToro is the best overall Swiss crypto platform, offering a diverse range of assets, including over 3,000 cryptocurrencies, stocks, commodities, currencies, indices, and ETFs. With innovative social trading features like Copy Trading and a Virtual Account for practice, it stands out among competitors.

As a European Securities and Markets Authority (ESMA) regulated broker, eToro attracts millions of investors in Switzerland and throughout Europe. The platform is widely regarded amongst Swiss investors because it is user-friendly and offers cost-effective CHF deposit options via SEPA payments, online banking services, and debit cards. Moreover, eToro provides competitive fees, with no initial commissions and tight spreads on assets.

  • Fees: Deposits & withdrawals are free and crypto trades are subject to a 1% spread.
  • Supported Assets: 70 cryptocurrencies, 3000+ stocks, 18 indices, 27 commodities, 49 fiat currencies and 300 ETFs.
  • Regulation & Licensing: Regulated & Licensed by the European Securities and Markets Authority (ESMA)
  • Customer Support Options: 24/7 support via live chat, email & online ticketing system.
  • CHF & EUR Deposit Methods: Bank Transfer, SEPA Transfer, Credit/Debit Card, Skrill, Neteller, Rapid Transfer & Trustly.
Best Exchange Switzerland - eToro

2. Uphold

Uphold ranks as the second-best multi-asset trading platform in Switzerland, providing an extensive array of assets and services. Established in 2014, Uphold features a user-friendly exchange with competitive fees, multi-currency support, and strong security measures, making it ideal for both beginners and seasoned investors. It is also among the few exchanges with audited 1:1 proof-of-reserves.

  • Fees: Free Euro (EUR) Deposits via Bank Transfer and 2.49% for Debit/Credit Cards. Trading Fees 0%.
  • Supported Assets: 210 cryptocurrencies, 40 shares, 4 precious metals and 27 fiat currencies.
  • Regulation & Licensing: Regulated and Licensed in Europe & Switzerland.
  • Customer Support Options: 24/7 support via live chat and email.
  • CHF Deposit Methods: Bank Transfer, Credit/Debit Card, SEPA, Google Pay & Apple Pay.
Uphold - Best Crypto Exchange in Switzerland

3. Bybit

As one of the leading crypto exchanges in Switzerland, Bybit offers a wide range of trading options and leveraged contracts. With advanced analytical tools and 24/7 customer support, this platform makes it easy to execute trades quickly and accurately across all major digital assets. Additionally, it is a non-KYC exchange, meaning you do not need to verify your identity in order to use it.

  • Fees: Deposits and withdrawals are free and there are 0.1% fees on spot markets and the maker/taker rebate is 0.01%/0.06%.
  • Supported Assets: 400+ cryptocurrencies.
  • Regulation & Licensing: Not regulated by any government authority (hence no KYC requirements).
  • Customer Support Options: 24/7 support via live chat, email, ticketing system & phone.
  • CHF Deposit Methods: Credit Card, Debit Card, Maestro & Google Pay.
Bybit - Best Crypto Derivatives Exchange.

4. Bitcoin Suisse

Bitcoin Suisse is one of the oldest and most trusted crypto exchanges in Switzerland. They are a regulated, multi-service financial provider that offers a variety of trading services for both cryptocurrency and fiat currencies. Some of the notable features offered by Bitcoin Suisse include low fees, high liquidity, fast deposits and withdrawals, API integrations and cryptocurrency staking.

  • Fees: Deposits and withdrawals are free but trading fees are 1.25%.
  • Supported Assets: 34 cryptocurrencies and 430+ fiat currency pairs.
  • Regulation & Licensing: Regulated by the Financial Services Standards Association (VQF).
  • Customer Support Options: No live chat but email support is provided.
  • CHF Deposit Methods: Bank transfers and wire transfers.
Bitcoin Suisse - Best Swiss Crypto Exchange.

5. SwissBorg

SwissBorg is the best alternative Switzerland-based crypto exchange. It is less secure and regulated than Bitcoin Suisse but has significantly more features. On SwissBorg users can stake a variety of tokens on both fixed and flexible terms, some tokens like SAND offer up to 12% APY. Additionally, it provides a Launchpad feature so new projects can launch on their platform.

  • Fees: Deposits are completely free but withdrawals vary depending on what fiat currency you withdraw, for details visit here.
  • Supported Assets: 55 cryptocurrencies.
  • Regulation & Licensing: Regulated by VQF, a Swiss Self-Regulatory Organisation (SRO).
  • Customer Support Options: 24/7 customer support via live chat and email.
  • CHF Deposit Methods: Bank Transfer, SEPA, SWIFT, Faster Payments, IBAN and Credit/Debit Card.
SwissBorg - Best Alternative Swiss Exchange.

How to Buy Bitcoin and Crypto in Switzerland

If you're an investor interested in buying Bitcoin or other digital assets in Switzerland, here are some simple, step-by-step instructions to guarantee a smooth and secure acquisition process:

  1. Select a regulated platform: Choose an exchange that follows the Swiss Financial Market Supervisory Authority (FINMA) regulations, like eToro, Uphold or others.
  2. Set up and validate your account: Register by providing your email address, creating a secure password, and fulfilling the KYC requirements by submitting identification documents and proof of residence.
  3. Deposit CHF: Add funds to your account using options such as bank transfers, Swiss digital banking services, or debit/credit cards.
  4. Procure cryptocurrency: Choose the preferred digital currency and enter the amount to buy in CHF or cryptocurrency. Approve the transaction, and the platform will carry out your order.
  5. Secure your cryptocurrency: Move your assets to a private wallet, such as a software (mobile or desktop) or hardware wallet, for superior safety.

By following these steps and choosing a reliable, regulated cryptocurrency platform, you can safely and effectively buy cryptocurrencies in Switzerland. Always ensure to safeguard your personal details and wallet credentials, and make sure to conduct extensive research before investing in any digital asset.

Is Cryptocurrency Legal in Switzerland?

Yes, cryptocurrency is legal in Switzerland. The Swiss government recognizes and supports the use of digital currencies, and has established a favorable regulatory environment for the cryptocurrency industry. The Swiss Financial Market Supervisory Authority (FINMA) is the primary regulatory body responsible for overseeing the cryptocurrency industry in Switzerland, and has issued guidelines for the treatment of cryptocurrencies under Swiss law. As a result, Switzerland has become a hub for cryptocurrency and blockchain innovation, attracting many crypto-related companies and investors.

Bottom Line

In conclusion, Switzerland offers a conducive environment for cryptocurrency trading with its supportive regulations and diverse selection of trading platforms. Our top five picks are eToro, Uphold, Bybit, Bitcoin Suisse, and SwissBorg, all offering unique features, ranging from extensive asset selection, advanced trading tools, to competitive fees.

Regardless of whether you're a novice or seasoned investor, it's crucial to choose a regulated platform, validate your account, and secure your digital assets properly. Always remember to do thorough research and invest responsibly.