How to Buy Bitcoin and Crypto in Switzerland
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Switzerland is known for its favorable stance towards cryptocurrencies and blockchain technology. Here is a guide on how to buy Bitcoin and other cryptocurrencies in Switzerland.
Choose a Cryptocurrency Exchange: There are numerous cryptocurrency exchanges in Switzerland, such as Kraken, Bity, and Bitcoin Suisse. Choose one that suits your needs and preferences.
Create an Account: Once you have selected an exchange, create an account by providing your personal information, such as your name, email address, and phone number.
Complete the KYC/AML Verification: Most Swiss cryptocurrency exchanges require you to complete a Know Your Customer (KYC) and Anti-Money Laundering (AML) verification process. This involves submitting a copy of your government-issued ID and a proof of address.
Add Funds to Your Account: You can fund your cryptocurrency exchange account using fiat currencies such as Swiss Francs (CHF) or Euros (EUR) via bank transfer or credit/debit card.
Buy Cryptocurrencies: Once your account is funded, you can buy Bitcoin and other cryptocurrencies on the exchange. Some exchanges also allow you to trade cryptocurrencies for other digital assets.
Withdraw Cryptocurrencies: To withdraw your cryptocurrencies, you will need to send them to a wallet that you control. You can use a hardware wallet, such as Ledger Nano S or Trezor, or a software wallet, such as Exodus or MyEtherWallet.
Remember to always exercise caution when buying and storing cryptocurrencies, as they are highly volatile and can be susceptible to cyberattacks. It is also important to stay up to date with the latest cryptocurrency regulations in Switzerland to avoid any legal issues.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.