Buy Bitcoin & Crypto in Switzerland

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

  • Popular Exchanges to Buy Bitcoin & Crypto in Switzerland
  • eToro exchange logo
    eToro
    • Supports Bitcoin, Ethereum & 15 other coins
    • Start trading fast; high limits
    • Deposit with SOFORT, SEPA, Klarna + more
    BUY NOW at eToro's Secure Site

    This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

  • bitpanda exchange logo
    Bitpanda
    • Crypto exchange based in Europe
    • Buy bitcoin with card, SEPA, SOFORT
    • Trusted exchange
    BUY NOW at Bitpanda's Secure Site
  • coinbase exchange logo
    Coinbase
    • High liquidity and buying limits
    • Easy way for Swiss users to get crypto
    • Deposit with SEPA, SOFORT, IDEAL, card
    BUY NOW at Coinbase's Secure Site

eToroeToro
Buy Now at eToro's Secure Site

eToro is a trading platform and crypto exchange with support for Swiss customers. It supports Bitcoin, Ethereum, Litecoin, and many other coins.

Deposits can be made quickly via:

  • SOFORT
  • Klarna
  • SEPA
  • Credit & debit card (Visa, Mastercard)
  • bank transfer
  • NETELLER
  • PayPal
It also offers unique features like copy trading.

This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Pros
  • Offers unique copy trading feature
  • Trusted exchange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

BitpandaBitpanda
Buy Now at Bitpanda's Secure Site

Bitpanda is a Bitcoin broker based in Europe, with support for Switzerland.

They have high payment limits and low fees across their wide range of payment methods.

Bitpanda offers Swiss customers the option to buy bitcoins with credit card, debit card, SOFORT, Skrill, NETELLER, giropay, eps, SEPA, and Online Bank Transfer.

Pros
  • Some of the lowest fees for buying bitcoins with credit/debit card
  • Reliable and trusted broker
Cons
  • Fees aren't shown openly on the site but instead included in the buying price
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

CoinbaseCoinbase
Buy Now at Coinbase's Secure Site

Coinbase is one of the largest Bitcoin (BTC) and cryptocurrency brokers in the world. They represent an easy and fast way for new users to purchase crypto, with special support for Swiss customers.

Customers in Switzerland can purchase bitcoins with:

Pros
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with debit card
Cons
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

Coinbase ProCoinbase Pro
Buy Now at Coinbase Pro's Secure Site

Coinbase's exchange, Coinbase Pro, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.

Pros
  • Some of the lowest fees available for US and EU customers
  • Possible to buy bitcoins for 0% fees
Cons
  • User interface is confusing for first time buyers
ease icon
Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

Buy Now at Bitpanda Pro's Secure Site

Bitpanda Pro is Bitpanda's traditional exchange product, where users trade with each other instead of buying directly from Bitpanda. This means lower fees and more advanced trading options than Bitpanda's main brokerage service.

Pros
  • Founded in 2014
  • Easy to use order book
  • High volume means more efficient order filling
Cons
  • To get full discount on fees, you must stake their altcoin
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Coinmama's Secure Site

Coinmama allows customers in Switzerland to buy bitcoins, litecoins, ethereum and many other coins with a credit or debit card, SEPA, bank transfer, or SOFORT.

They charge a 4.9%-5.9% (depends on volume) fee on credit card purchases.

Customers in Swizerland can also purchase cryptocurrency with SEPA or SOFORT for a lower fee.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

Buy Now at Bity's Secure Site

Bity is a Bitcoin exchange and ATM operator, based in Switzerland. Their 5 ATMs allow for a quick first purchase and only require phone verification for an initial buy limit of 1,000 EUR or CHF. Their online service accepts wire transfers, SOFORT and online bank transfers.

Pros
  • Easy to start buying bitcoins after mobile phone verification
  • Payment limit of up to €100,000 annually after intensive verification
Cons
  • ID verification is required for most purchases, so not a private way to buy
  • Low annual limit of only €4,000 without intensive verification
ease icon
Ease of Use
Average
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitstamp's Secure Site

BitStamp is one of the world's largest and most well-known Bitcoin exchanges. Deposits can be made through bank transfer, SEPA transfer, international bank wire, and now even credit cards.

Pros
  • One of the longest-running Bitcoin exchanges
  • Very low 0.25% fee, falling to 0.1% with sufficient trading volume
  • Good range of deposit and withdrawal options
  • Deep liquidity promotes a price close to fair market rate
  • Offers wide range of altcoins
Cons
  • Has been hacked before, users should not store funds on the exchange for any period of time
  • High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
  • Geared towards traders; slightly confusing for first time buyers
ease icon
Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Slow
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitcoin ATMs's Secure Site

You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
Buy Now

-

Bitcoin & Cryptocurrency Trading in Switzerland


Buying Bitcoin in Switzerland is pretty easy thanks to the government's crypto friendly attitude (more on that below).


zurich city view
Zurich, the economic safe-haven to the world

But before you sign up with an exchange, make sure you have a secure hardware wallet like a Ledger Nano S or a Trezor.

Although Bitcoin's blockchain is immutable and free from hackers, the centralized exchanges from which you buy Bitcoin - like Coinbase and Coinmama - are centralized, and vulnerable to attack.

While you can probably get away with storing small amounts of Bitcoin on an exchange, it's not a good idea, especially with larger amounts.

Protecting your Bitcoin should be a top priority, which begins with a secure form of cold storage that hackers can't access.

Take a look at our favorite hardware wallets below:


COMPARISON

ledger nano x folded

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $145
ledger nano s illustration

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $72
trezor model T

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $189
Trezor One

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $79

After you get a wallet, choose an exchange, verify your identity, connect your payment method, and trade away!

If you want to buy from an exchange based in Switzerland, we recommend Bity. They're a Bitcoin ATM company based in Switzerland, with 5 ATMs that provide quick withdrawals and high limits.

Swiss Banks and Bitcoin

Switzerland's banking industry is known to safeguard wealth, which is why Bitcoin is a natural fit for the country.

Founded recently with a universal banking license, SEBA Bank AG has a plethora of services, from fiat currency storage to crypto custody (they manage your cryptocurrency).


seba homepage
SEBA's home page

The Swiss startup can hold a bunch of different fiat currencies, such as American dollars, Singaporean dollars, and Hong Kong dollars.

One of the coolest things about the bank is their crypto connected debit card that automatically transfers crypto on the backend to traditional currency. The card can be used in regular commercial settings, withdrawing from a cryptocurrency balance.

SEBA Bank AG is yet another testament to Switzerland's historical safeguarding of wealth, this time in the crypto sphere.


-

Top Bitcoin & Cryptocurrency Exchanges in Switzerland


Switzerland has access to many large Bitcoin and cryptocurrency exchanges.

Have a look at our favorites below:

  • Popular Exchanges to Buy Bitcoin & Crypto in Switzerland
  • eToro exchange logo
    eToro
    • Supports Bitcoin, Ethereum & 15 other coins
    • Start trading fast; high limits
    • Deposit with SOFORT, SEPA, Klarna + more
    BUY NOW at eToro's Secure Site

    This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

  • coinbase exchange logo
    Coinbase
    • High liquidity and buying limits
    • Easy way for newcomers to get bitcoins
    • "Instant Buy" option available with debit card

-

Best Bitcoin Wallets for Switzerland



There are three main types of Bitcoin wallet and all of them are supported in Switzerland:

  • Software (desktop or mobile - iOS and Android wallets
  • Hardware wallet
  • Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.

Best for Security

ledger nano x

Ledger Nano X

Secure storage for any cryptocurrency

More About
Ledger Nano X

The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.

Temporary Wallet

zengo wallet logo

Zengo

Best for storing crypto for short period of time

More About
Zengo

ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

More About
Electrum

Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.


-

Ethereum How to Buy Ethereum in Switzerland


Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Switzerland that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.


-

Dogecoin How to Buy Dogecoin in Switzerland


Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.

About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.


-

Litecoin How to Buy Litecoin in Switzerland


Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Switzerland that allow you to buy litecoin and other crypto assets for good exchange rates.


-

Exchange Hacks and Crypto Scams in Switzerland


Bancor Hack

In July of 2018, the "decentralized" exchange Bancor, based out of Israel and Switzerland, announced that hackers had stolen ~$23.5M in crypto assets.

These included:

  • $12.5 million in Ether
  • $1 million in Pundi X’s NPXS token
  • $10 million in Bancor’s BNT

This hack occurred when "a wallet used to upgrade some smart contracts was compromised", according to Bancor's spokesperson.

Bancor raised over $150M during its Initial Coin Offering the previous year.

The lesson to learn from the Bancor hack is that just because someone claims their exchange is decentralized does not mean that the wallets can't be hacked or that the software does not have critical bugs that leave customers vulnerable.

Charlie Lee, Litecoin founder, put it best:

E-Coin Scam

The Swiss Financial Market Supervisory Authority (Finma) has blocked $2M worth of funds sent to Quid Pro Quo Association for issuing E-Coins. Quid Pro Quo claimed that E-Coin was a cryptocurrency, yet it was discovered that there was no Blockchain, and the coins simply existed on a database held on Quid Pro Quo's servers.

According to the statement from Finma,

These three legal entities accepted funds amounting to at least four million Swiss francs from several hundred users.

finma switzerlandFinma Spokesperson

The scheme also promised to back the coins with physical assets, which it had failed to do. There were also apparently two other scam currencies, but these currencies were not named in the warning from Finma.


-

Mining Bitcoin in Switzerland


The cost of purchasing expensive hardware aside, mining takes time and energy (literally) which gets expensive.

Especially considering the price of electricity in Switzerland, buying Bitcoin from one of the exchanges listed above is your best bet.

Swiss citizens pay roughly 0.20 Franks per kWh, nearly double the cost of electricity in the United States, where mining is also not profitable.


country image


-

FAQ


Does Coinbase work in Switzerland?

Citizens of Switzerland can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:

  • Bank Deposit
  • PayPal
  • 3D Secure Credit Card
  • Debit Card
  • Credit Card

Where Can I Find a Bitcoin ATM in Switzerland?

Switzerland is among the countries with the most Bitcoin ATMs per capita. At 103 ATMs across the country, you are never too far from a Bitcoin ATM, so if you want to stack some sats for cash, Switzerland is a great place to do it.

You can use our Bitcoin ATM finder tool to find the one nearest you.

What is the price of Bitcoin in Switzerland?

Bitcoin prices are changing every second.

The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

Does Bitcoin mining use more energy than Switzerland?

Switzerland currently consumes about 63 TWh of electricity every year while emitting around 35 Mt of CO2 each year.

According to the International Energy Agency, a non-profit that works with governments and corporations to secure sustainable energy policies internationally claims that Switzerland consumes about 63 TWh of electricity each year. It also emits about 35. Mt of CO2 each year.


country image

By contrast, according to Digiconomist, Bitcoin consumes about 70 TWh of electricity and emits ~33 Mt of CO2 each year.


country image

That means that Bitcoin actually consumes more electricity that Switzerland consumes while emitting less CO2.

Is there a bitcoin ETF in Switzerland?

There are currently no Bitcoin ETFs in Switzerland.

What is crypto valley in Switzerland?

Crypto Valley is a city in Switzerland that was founded on the idea that companies, large and small, could move their headquarters to a place that is friendly to crypto startups. The city raised hundreds of millions of dollars to get the ball rolling, and indeed many startups did move there. However, in April of 2020, Swiss Blockchain Federation found that 80% of the 203 firms surveyed said bankruptcy was imminent and that only half of the 50 biggest companies in Crypto Valley would last another year.

In response to this, Crypto Valley management is turning to the Federal Government and asking for a 100 million Swiss Franc bailout to keep the project going. So much for decentralization!

Can you buy a house with Bitcoin in Switzerland?

Yes, you can currently buy homes and other property types with Bitcoin via Bithome.ch.

Where can I spend bitcoin in Switzerland?

Bitcoin is accepted at lots of stores and service providers all over Switzerland. So many, in fact, that we couldn't possibly list them all here. However, you can find specific kinds of services and goods filterable on a map over at coinmap.org.


country image
The colored sections indicate areas where there is heavier acceptance of Bitcoin

Which banks in Switzerland are bitcoin friendly?

Zurich-based SEBA Bank AG offers a suite of services for crypto enthusiasts, such as crypto custody and crypto-connected debit cards.

Falcon Group also offers these services as well as Bitcoin savings and brokerage services.

How do I cash out of Bitcoin in Switzerland?

Any exchange with a Swiss Franc trading pair will allow you to sell your Bitcoin for fiat currency. Bitit has CHF trading pairs for many popular coins.

Another way to sell Bitcoins in Switzerland is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.

LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.

You could also use a service like eGifter to sell your Bitcoin for gift cards.

About the Author: Jordan Tuwiner

author

Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.

He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.

To learn more about Jordan, see his full bio.