The Right Way To Buy Crypto With Credit Suisse

Mike Harry
May 2023
5 min to read
Fact checked

Summary: Credit Suisse, like many other traditional banks, has not yet developed an in-house crypto trading platform. However, this does not mean that it's customers can't invest in cryptocurrencies. You can use your Credit Suisse bank account to buy Bitcoin and Ethereum using EU-regulated third-party exchanges. Two regulated exchanges that we recommend for their ease of use are eToro and Uphold. Both exchanges are perfect to use for beginners as they are easy to navigate and offer a wide range of cryptocurrencies.

eToro

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Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+300 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in EU, US, UK, CA, AU

Visit Uphold
Crypto assets are high risk and not regulated.
Capital at risk.

Table of Content

  1. Can I buy crypto or Bitcoin with Credit Suisse? 
  2. How to buy crypto with Credit Suisse bank
  3. Credit Suisse cryptocurrency policy
  4. Is Credit Suisse crypto friendly?
  5. Is Switzerland crypto friendly?
  6. About Credit Suisse Bank

Can I buy crypto with Credit Suisse? 

Credit Suisse Bank, like most banks, does not have the infrastructure in place to allow for the buying and selling of cryptocurrencies. However, customers of Credit Suisse can connect their accounts or link their credit/debit cards to regulated exchanges like Etoro or Uphold. These exchanges offer a variety of cryptocurrencies and are regulated across Europe.

Buy crypto with Credit Suisse and Uphold
Buy crypto with Credit Suisse and Uphold

How to buy crypto with Credit Suisse bank

To buy Bitcoin or other cryptocurrencies with your bank account, you'll first need to sign up for a regulated cryptocurrency exchange such as eToro or Uphold. Once you've completed the signup process, you can then make a deposit to the exchange using your bank account.

Deposits are typically free of charge and take only one business day to arrive. Once your funds have arrived, you can start buying and selling digital assets like Bitcoin, Ethereum, and more.

Signup in minutes

1. Create Account: Signup and add your identity verification.‍
2. Deposit Funds:
Via your Credit Suisse account or credit/debit Card. 
3. Start Buying:
Once your deposit has reached your account.

Buy Bitcoin with Credit Suisse and eToro
Buy Bitcoin with Credit Suisse and eToro

Credit Suisse cryptocurrency policy

Credit Suisse allows its customers to deposit and withdraw funds from regulated cryptocurrency exchanges. The bank doesn't have any restrictions on cryptocurrency trading as long as it's done through a regulated exchange. This means that customers can buy and sell cryptocurrencies such as Bitcoin, Ethereum, and others through a trusted platform.

Is Credit Suisse crypto friendly?

Like most other banks in Switzerland, Credit Suisse is crypto-friendly. Already in 2018, Credit Suisse issued a research report stating that cryptocurrencies are only the beginning. The report highlights how the rise of Bitcoin and ICOs (Initial Coin offerings) will transform the world of finance. 

At the 2021 World Economic Forum in Switzerland, Axel Lehmann (Credit Suisse Chair) cautioned against getting left behind as digital assets expand their reach over the financial world. Credit Suisse is also currently working on tokenizing a Swiss resort using the Ethereum blockchain.

Is Switzerland crypto friendly?

Switzerland is the most crypto-friendly country in the world and has been at the forefront of cryptocurrency since its inception. Switzerland has long been known for the safe storage of assets and strong property rights.

Already In 2018, Swiss banks became the first in the world to offer business accounts to crypto companies. Today, over 1000 crypto startups have been founded in Switzerland. Among them are Ethereum, Shapeshift, Cosmos and many others.

Switzerland owes it’s success to the clarity it has created around crypto regulations. Their straightforward approach has made switzerland the global leader in crypto startups. In Switzerland, cryptocurrencies are classified as assets, and Bitcoins can even be used in the city of Zug to pay taxes. 

About Credit Suisse Bank

Credit Suisse Bank Website Screenshot
Credit Suisse Website

Founded in 1856 in Switzerland, Credit Suisse Group AG is a global investment bank with it’s headquarters in Zurich. With offices in all major financial centers in the world, it provides services such as investment banking, private banking, asset management and shared services.

The bank offers a wide range of financial products and services, including private banking, investment banking, and asset management. Credit Suisse operates in over 50 countries and has a strong presence in Switzerland, the United States, and the Asia-Pacific region. The bank has over over 50 000 employees globally and manages over €1.6T in assets under management. 

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+300 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in EU, US, UK, CA, AU

Visit Uphold
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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