FAQ - General questions
You can trade cryptocurrencies from your eTrading platform or through the cryptocurrency service in your eBanking portal.
You must hold a Swissquote trading account with cash available in EUR and/or USD, as currently cryptocurrencies cannot be traded directly against CHF.
No, custody fees are not applicable.
We’re a fully regulated Swiss bank and offer competitive transaction fees that reduce with the more that you trade. More details can be found on the dedicated pricing section of our website.
The minimum buy/sell amount for Cryptocurrencies is equivalent to EUR/USD 25.
The performance graph is available on the dedicated Crypto Asset platform under My account > Account overview > Crypto Assets > Trade > Show details. It is also available on the Markets & Quotes page under Crypto Assets and in the Swissquote app under Markets & Quotes > Cryptocurrencies.
Settlement is instantaneous.
|Bitcoin||Bitstamp Europe S.A. (Luxembourg)||BitGo Trust Company (USA)|
|Ethereum, Litecoin, Ripple and Bitcoin Cash||Bitstamp Limited (United Kingdom)|
|0x, Aave, Algorand, Augur, Cardano, Chainlink, Compound, Cosmos, EOS, Ethereum Classic, Filecoin, Maker, Polkadot, Stellar, Tezos, Uniswap and yearn.finance||Coinbase Europe Limited (Ireland) and CB Payments Ltd (United Kingdom)||Coinbase Inc. (USA)|
While the treatment of Hard Forks and similar events (incl. "airdrops" and other token allocation events) is uncertain from a legal and practical perspective, Swissquote’s current policy in this regard is to make its best efforts to have its concerned clients benefit from such events, the way Swissquote deems appropriate. For more details, please refer to our Policy on Hard forks and similar events and section 12 of our Digital Assets Contract.
Yes, Swiss taxpayers must declare their digital currencies. Swissquote provides details of your cryptocurrency positions in January of each year to help you declare them correctly. This information can be found in the «Documents» section of your account.
Swissquote will continue providing access to XRP for as long as the situation allows it. Please be aware that the situation can change quickly. For this reason, it is important that you regularly review your cryptocurrency holdings, specifically XRP, and whether you remain comfortable with the associated risks. Read more about the risks associated with Ripple here.