Is Swissquote crypto friendly?
Yes, with fenced on-chain flows: crypto comes in only from six named exchanges or your own wallet, and never goes out to an exchange.
CBL Score: 15 of 16
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | yes (2) | unverified |
| Stablecoin off-ramp | yes (2) | source · checked 8 September 2026 |
| Business accounts for Web3 | partial (1) | source · checked 8 September 2026 |
| Custody | yes (2) | source · checked 8 September 2026 |
| Staking and yield | yes (2) | source · checked 8 September 2026 |
| Card | yes (2) | source · checked 8 September 2026 |
| Multiple jurisdictions | yes (2) | source · checked 8 September 2026 |
| Open to retail | yes (2) | source · checked 8 September 2026 |
Total 15 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
Score history
Scores are revised when a bank's documents change. Each revision is dated and sourced.
| 8 September 2026 | Card | partial to yes | source |
| 8 September 2026 | Multiple jurisdictions | partial to yes | source |
Standing
| Jurisdiction | Switzerland |
| Type | Neobank |
| Health tag | Solid Publicly listed, record 2024 profit, clean record. · checked 26 August 2026 |
| P2P tolerance | Strict Official policy: crypto deposits only from a whitelist of six exchanges (Bitpanda, Bitstamp, Coinbase, Gemini, Kraken, Revolut), no third-party deposits, no withdrawals to exchanges. P2P flows are excluded by design. · community-reported, separate from the score |
| Last verified | 8 September 2026 |
If they close your account
Closure policy: Silent
| Notice | No notice period. Clause 28.1 says either the bank or the client may terminate at any time and without stating any reasons, and unless the notice says otherwise the relationship ends with immediate effect. The bank may send the notice via the account or trading platform. |
| Reasons given | No. The policy says reasons are not given |
| Access to funds | Clause 28.2: if open positions remain, the client has ten business days to close or transfer them, after which the bank may liquidate them. Clause 28.3: the client must tell the bank where to transfer the assets. If no instructions arrive by the bank's deadline, the bank may charge maintenance fees, deliver the assets to the client's address or another bank, or liquidate them and deposit the proceeds with a court or send a crossed cheque to the last known address, at the client's cost. |
| Appeal | Not stated on the pages found. Clause 15.2 only sets a 30 day limit for complaints about reports and notices. No ombudsman or regulator route is named in the document. |
| Names crypto as a ground for closure | no |
Sources: Swissquote Bank general terms and conditions (PDF, v4.0), clauses 15.2 and 28 · official, checked 23 September 2026
A closure usually starts as a freeze. The Frozen Account Survival Kit covers the first 48 hours. Every bank side by side: which banks tell you why they closed your account.
What Swissquote allows and blocks
Allowed
- Buy and sell about 55 cryptocurrencies, including USDC, USDT and EURC, inside a normal Swissquote bank account
- Crypto deposits from six whitelisted exchanges: Bitpanda, Bitstamp, Coinbase, Gemini, Kraken and Revolut, after you upload screenshots of the transaction
- Crypto deposits from a self-custody wallet where you alone hold the private key
- Crypto withdrawals to your own external wallet once the address is on your whitelist
- Staking of ETH, DOT, SOL and ADA from inside the account, with Swissquote keeping 20% of rewards
- Debit Mastercard (Light, Bright, Elite) that can settle purchases by selling Bitcoin, Ethereum or XRP from your holdings
- Business accounts with crypto custody, trading and staking for Swiss SMEs and international companies
- Trading on SQX, Swissquote's own crypto exchange, with assets held off the bank's balance sheet
Blocked or restricted
- Crypto withdrawals to any cryptocurrency exchange. Swissquote says attempts could result in loss of the funds
- Crypto deposits from exchanges not on the whitelist, and from any custodial wallet you do not control. These are rejected and may cost extra fees
- Third-party crypto deposits of any kind, since incoming transfers must come from a whitelisted exchange or your own wallet
- Opening deposits from Wise or from any bank account not in your own name
- Swissquote publishes no rule on fiat transfers to or from exchange accounts, so treat that path as unconfirmed
Opening an account
- You need a passport or ID card, a proof of residence under six months old (utility bill, tax bill or certificate of residence), and a camera for the photo check. Documents must be in English, French, German or Italian, or translated.
- Residents of 24 listed countries (Switzerland, most of the EU, the UK, Australia, Singapore, Hong Kong, Israel, Saudi Arabia, South Korea, Turkey and others) can open fully online. Everyone else goes through video identification.
- Swissquote says three steps and a few minutes are enough to apply. The first deposit is CHF 500 for Swiss residents and the rest of the world, or EUR 500 for eurozone residents, and it must arrive from a licensed bank account in your own name.
- Rejection criteria are not published. Deposits from Wise are refused, and deposits from exchanges are only accepted from the six whitelisted names.
- Crypto deposits above USD 500,000 require contacting customer care first.
Fees that matter
- Crypto trading uses a maker-taker grid based on 30-day volume. Standard I pays 1% maker and 1% taker. It falls to 0.90%/0.95% above USD 6,000, 0.50%/0.60% above USD 600,000 and 0.08%/0.18% above USD 60 million.
- Custody is charged quarterly on the whole account, crypto included: CHF 20 to 50 per quarter, plus 0.0075% per quarter on assets above CHF 1 million.
- On-chain withdrawals cost USD 10 for most coins and USD 15 for Ethereum-network tokens such as USDC, USDT, EURC, LINK and UNI. Crypto deposits are free above USD 500 and USD 10 below that.
- Staking costs 20% of rewards. Card tiers: Light is free, Bright CHF 6.90 a month, Elite CHF 39 a month with a CHF 100,000 asset minimum. Fiat transfer fees for SEPA or SWIFT are not stated on the help page.
Regulatory history
| 2000 | Swissquote Group Holding listed on the SIX Swiss Exchange (SQN) on 29 May 2000; Swissquote Bank Ltd holds a FINMA banking licence, with sister entities regulated by the CSSF, MFSA, DFSA, SFC, MAS and CySEC. source |
| 2026 | Swissquote Bank SA, Gland, appears on FINMA's list of authorised banks as a category 4 bank (list dated 8 September 2026). No FINMA warning or enforcement entry was found. source |
| 2026 | Swissquote Bank Europe (Luxembourg) received a MiCA CASP licence from the CSSF, effective 5 June 2026, ahead of the 1 July 2026 transition deadline. source |
See a mistake? Email hi@cryptobanklist.com. Every factual correction is logged on our corrections page.
Questions about Swissquote
Does Swissquote let me send money to Kraken?
Swissquote does not publish a rule on fiat transfers to or from exchange accounts. What it does state is the crypto side: coins can come in from Kraken, Coinbase, Gemini, Bitstamp, Bitpanda and Revolut once you upload screenshots of the transaction, and you cannot send crypto out to any exchange. If you need fiat rails to an exchange, ask the bank before you rely on them.
Can I withdraw crypto from Swissquote to my own wallet?
Yes. Add the address to your whitelist, then send from the Crypto transfers section. Withdrawals cost USD 10 for most coins and USD 15 for Ethereum-network tokens such as USDC and USDT. Withdrawals to exchanges are not supported and Swissquote warns the funds could be lost.
What does Swissquote charge to trade crypto?
Fees follow a maker-taker grid tied to your 30-day volume. Most retail clients sit in Standard I and pay 1% per trade. Above USD 6,000 it drops to 0.90% maker and 0.95% taker, and the biggest tiers reach 0.08%. On top of that, the quarterly custody fee of CHF 20 to 50 covers crypto as well as shares.
Can I stake crypto or pay with it at Swissquote?
Both. You can stake ETH, DOT, SOL and ADA from inside the account, with Swissquote keeping 20% of the rewards and lockups of up to seven days on ADA. The Swissquote debit Mastercard can be set to pay with Bitcoin, Ethereum or XRP, selling only what each purchase needs.
Closest alternatives
Yes. PostFinance sells, holds and stakes crypto in its own app, but only for Swiss residents and with no way to move coins to your own wallet.6/16Zürcher Kantonalbank
Yes for buying and holding crypto inside the bank, but nothing moves in or out.