This guide lists all the different places where you can buy Bitcoin in Switzerland, compares their respective costs and features, and helps you choose the best one for you!
Updated on 31 March 2023
The info presented in the table below is based on information that is publicly available online. Fees are the one available without requiring additional purchases.
|Provider||Fee for CHF 100||Spread||Min. buy||Max. buy||Type||KYC required|
|1.00%||<0.05%||CHF 5||CHF 120,000||custodial||yes|
|1.50%||<1.00%||CHF 30||CHF 1,000||non-custodial||no|
|2.00%||Set by the seller (up to 21%)||CHF 10||CHF 1,000||P2P||no|
|2.50%||<1.00%||CHF 10||CHF 1,000||non-custodial||no|
|5.00%||<0.5%||CHF 50||CHF 1,000||ATM||no|
|6.00%||?||CHF 100||CHF 500||ATM||no|
|7.00%-9.00%||?||CHF 50||CHF 1,000||ATM||no|
|8.00%||<1.00%||CHF 50||CHF 1,000||ATM||no|
|10.00%||?||CHF 50||CHF 500||voucher card||no|
The spread is basically the difference between the average market rate at which Bitcoin is traded on major exchange platforms (such as Coinbase, Binance or Kraken) and the exchange rate offered by a provider to buy BTC. That difference is usually explained by the provider's capacity to execute transactions on the markets, but it can also indicate the presence of hidden fees through a bad exchange rate.
A custodial service means that when you buy Bitcoin through it, you don't actually own BTC directly. The provider holds it for you and your Bitcoin is in custody. You can usually withdraw it on your own wallet, but it often comes with fees and limitations. With a non-custodial service, you buy Bitcoin and receive it directly on a wallet that you own with full control over its secret phrase.