How to Buy Crypto with Swish
Find the safest way to buy Bitcoin and cryptocurrencies with the Swish App. Get started quickly on a trusted and regulated platform.
Summary: Swish, a Europe-wide digital payment platform, doesn't directly support cryptocurrency transactions. Yet, users can invest in cryptocurrencies via a Swedish Financial Supervisory Authority-certified exchange, moving funds from their Swish-linked account in EUR, SEK, NOK, etc., and buying tokens as desired.
Our analysis of 20+ platforms ranks Binance as the top choice for cryptocurrency purchases via Swish. Binance allows swift, fee-free EUR transfers from Swish, supports trades of 350+ crypto assets at competitive rates, and shines globally in trading volume, user base, and liquidity.
Can I Buy Crypto with Swish?
Yes, you can buy cryptocurrencies using Swish in Sweden. To do this, transfer Swedish Krona (SEK) from your Swish account to a regulated crypto exchange operating in the country. This can be done through a bank transfer, debit card, credit card, or other accepted payment options like instant transfers. Keep in mind, Swish itself doesn't provide direct digital currency trading services. To that end, it is essential to select a Swedish Financial Supervisory Authority-licensed exchange that adheres to Swedish regulations.
How to Buy Bitcoin and Crypto with Swish
The safest and easiest way to buy cryptocurrencies utilizing Swish is through a regulated exchange. Following a comprehensive review of top brokers in Europe, we recommend Binance as the optimal platform for Swish users. It offers immediate deposits in various currencies via Swish bank transfer, SEPA transfer, credit cards and more.
Here's a brief guide to purchasing crypto with a Swish Mobile BankID on Binance:
- Sign up to Binance and verify your account.
- Select the 'Buy Crypto' option to deposit funds.
- Select Swedish Krona (SEK) as your currency and Swish Mobile BankID as your deposit method.
- Find the crypto asset you want to buy on the Binance platform and execute your trade.

What are the Fees?
The costs to invest in crypto assets using your Swish-linked account will vary depending on the chosen platform. Fortunately for investors, Binance provides free Swedish Krona (SEK) transfers from Swish and imposes low fees beginning at 0.1% to trade more than 350 crypto assets. This pricing is significantly more economical compared to other options like Coinbase, where spreads and fees surpass 2%.
Is Swish Crypto-Friendly?
Indeed, Swish is a forward-thinking, crypto-friendly payment system in Sweden, and it actively facilitates its users' engagement in the cryptocurrency landscape. Although Swish doesn't offer direct cryptocurrency services, it places high importance on linking its customers to regulated exchanges that comply with key legal frameworks. These include the Fifth Anti-Money Laundering Directive (5AMLD) at the European level, as well as guidelines set forth by the Swedish Financial Supervisory Authority (Finansinspektionen). This approach ensures that Swish users have a secure, compliant, and risk-mitigated avenue for investing in digital assets.
Bottom Line
In a nutshell, Swish may not support direct cryptocurrency transactions, but it does offer a secure bridge to the crypto world through regulated exchanges like Binance. Our analysis recommends Binance for its swift, fee-free transfers and diverse asset offerings. Swish thus emerges as a crypto-friendly platform by facilitating secure, low-fee investment options, aligning with both European and Swedish financial regulations. For Swish users interested in cryptocurrencies, partnering with a regulated exchange offers both ease and security.