Is Sygnum crypto friendly?

Yes, but only for qualified investors, companies and institutions. Sygnum does not take retail clients.

CBL Score: 15 of 16

CriterionScoreSource
Accepts exchange transfersyes (2)source · checked 8 September 2026
Stablecoin off-rampyes (2)source · checked 8 September 2026
Business accounts for Web3yes (2)source · checked 8 September 2026
Custodyyes (2)source · checked 8 September 2026
Staking and yieldyes (2)source · checked 8 September 2026
Cardyes (2)source · checked 8 September 2026
Multiple jurisdictionsyes (2)source · checked 8 September 2026
Open to retailpartial (1)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 2026Cardno to yessource

Standing

JurisdictionSwitzerland · Singapore
TypeCrypto-native
Health tagSolid FINMA-licensed, operationally profitable in 2024, unicorn-funded, clean regulatory record. · checked 26 August 2026
Last verified14 September 2026

What Sygnum allows and blocks

Allowed

  • Fiat accounts in CHF, EUR, USD and SGD with SEPA, SWIFT, SIC and euroSIC payments
  • Crypto deposits and withdrawals for every asset Sygnum custodies, to wallets you own, after a screening check on first use
  • Trading of more than 30 digital assets against USD, CHF, EUR and SGD, 24/7 in the e-banking portal, by API or through the trading desk
  • USDC and USDT custody, trading and conversion to fiat, plus Sygnum's own Swiss franc settlement token DCHF
  • Regulated custody for more than 70 digital assets, held off balance sheet and bankruptcy remote
  • Staking of ETH, SOL, ADA, SUI, ATOM, ICP and XTZ inside the same custody account
  • Lombard loans in CHF, EUR, USD and SGD against crypto collateral
  • Bank accounts, treasury and payments for DLT companies, foundations and Web3 startups
  • Visa and Mastercard credit cards in CHF, EUR or USD, with balances settled from crypto or fiat holdings
  • Institutional off-exchange custody (Sygnum Protect) for trading on Binance, Deribit and Bybit without pre-funding the exchange
  • Onboarding through Sygnum Bank AG in Switzerland, Sygnum Pte Ltd in Singapore or Sygnum Europe AG in Liechtenstein for EU and EEA clients

Blocked or restricted

  • Retail clients. Individuals must qualify as private qualified investors under Swiss FinSA
  • US persons and anyone from a sanctioned country
  • Crypto withdrawals to third-party wallets. Sygnum's help pages only describe sending to external wallets you own
  • Paying merchants directly in crypto with the card. The Viseca-issued card settles in fiat, and crypto is converted first
  • Trading staked ETH while it is locked
  • SGD credit cards (Viseca does not issue them)

Opening an account

Fees that matter

Regulatory history

2019FINMA granted Sygnum Bank AG a Swiss banking and securities dealer licence on 26 August 2019. Sygnum Pte Ltd received its MAS Capital Markets Services licence in Singapore the same year. source
2023MAS granted Sygnum Singapore a Major Payment Institution licence on 3 October 2023, covering digital payment token brokerage. Sygnum also received an ADGM Financial Services Permission in Abu Dhabi in March 2023 and had expanded into Luxembourg in December 2022. source
2026FMA Liechtenstein authorised Sygnum Europe AG as a MiCAR crypto-asset service provider, live from 30 June 2026 with passporting across the EU and EEA. The entity had been registered under Liechtenstein's TVTG since September 2024. No fines or public warnings found. source

Questions about Sygnum

Can a private individual open a Sygnum account?

Only as a private qualified investor. Under Swiss FinSA that means at least CHF 500,000 in assets and the background to understand the risks. Sygnum asks for a deposit or trading volume of at least CHF 50,000 to start, and says plainly that it does not onboard retail clients, US persons or anyone from a sanctioned country. Private accounts usually open within two weeks.

Does Sygnum let me send money to Kraken or Coinbase?

Sygnum accounts support SEPA and SWIFT payments in CHF, EUR, USD and SGD, and the bank publishes no rule against paying an exchange. It has not published a page confirming it either. Crypto withdrawals are described as going to wallets you own, with a screening check the first time you use a new address. Institutional clients can trade on Binance, Deribit and Bybit through Sygnum Protect while their collateral stays at the bank.

Can I cash out USDC or USDT at Sygnum?

Yes. Sygnum custodies and trades USDC and USDT and converts them to fiat at what it calls a low single-digit spread, with the proceeds landing in your Sygnum fiat account. The bank also issues DCHF, its own Swiss franc settlement token, backed one to one by CHF deposits. Sygnum Europe clients can transfer USDC in directly.

Does Sygnum have a crypto card?

Sygnum offers Visa and Mastercard credit cards in CHF, EUR or USD for private and corporate clients, issued by Viseca. The card itself settles in fiat. You can set the bank to pay the card balance from your crypto or fiat holdings, so crypto is converted first rather than spent directly. Silver cards cost CHF 100 a year, Gold CHF 200 and Platinum CHF 550.

Closest alternatives

15/16AMINA Bank
Yes, but only for professional clients and companies. Individuals need CHF 500,000 in assets plus finance experience, or CHF 2 million.
11/16Bitcoin Suisse
Yes, for people with CHF 50,000 or more. It is a crypto broker and custodian, not a deposit bank.
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