How to buy Bitcoin in Switzerland

Q: How to buy Bitcoin in Switzerland?

1: Download Bridge Wallet, the free mobile app to easily invest in Bitcoins and manage them from your phone. 2: Create a new wallet, or restore an existing one. 3: Identify in Settings, My profile, Begin identification and follow the instructions. 4: Switch to the Bitcoin network by using the top left network icon, then choose Bitcoin. 5: Click the 'Buy' button and choose 'Buy by bank transfer'. 6: Choose your receiving address. 7: Make your bank transfer 8: That's it! Your funds will be converted in BTC upon reception, then delivered on the indicated wallet address.

Q: What is the spread?

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.

Q: What does custodial vs non-custodial mean?

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.

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!

Comparison of the Swiss Bitcoin providers

The info presented in this table is based on information that is publicly available online. Fees are the one available without requiring additional purchases.

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Fee for CHF 100	Spread	Min. buy	Max. buy	Type	KYC
0.00%	<0.05%	CHF 50	-	non-custodial	yes
1.00%	<0.05%	CHF 5	CHF 120,000	custodial	yes
1.00%	<0.05%	CHF 25	-	custodial	yes
1.00%	<0.10%	-	-	custodial	yes
~1.00%	<1.00%	CHF 10	-	non-custodial	no, yes
1.25%	<0.05%	CHF 200	-	custodial	yes
1.50%	<1.00%	CHF 30	CHF 1,000	non-custodial	no
3.00%	<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
6.90%-7.90%	?	CHF 50	CHF 500	voucher card	no
7.00%-9.00%	?	CHF 50	CHF 1,000	ATM	no
8.00%	<1.00%	CHF 50	CHF 1,000	ATM	no

What is the spread?

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.

What does custodial vs non-custodial mean?

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.

How to buy Bitcoin with Mt Pelerin

As shown in the comparison above, we offer one the best rates to buy Bitcoin in Switzerland. Here's how you can easily get Bitcoin through our mobile app Bridge Wallet:

1: Download Bridge Wallet

Bridge Wallet is our free mobile app to easily buy Bitcoin from your bank account, manage them from your phone, and cash them back on your back account if needed.

Enter your number and get an SMS with the link to download Bridge Wallet:

2: Create a new wallet

Create a new wallet or restore an existing one if you prefer to. If you need help on the creation of a wallet, we have made a step-by-step guide here.

3: Identify

In order to buy BTC with Bridge Wallet, you will first need to identify. To do so, go in Settings > My profile > Begin identification and follow the instructions.

For more information on our identification process, please see our FAQ page.

5: Choose a purchase method

Click the "Buy" button and choose "Buy by bank transfer".

Card purchases are coming soon, make sure to subscribe to our newsletter and join our Telegram announcement channel to be informed when they are available!

6: Choose your receiving address

By default, your receiving address is your Bridge Wallet address. You can also directly receive your BTC on another wallet address belonging to you. To do so, you will need to link it first in Bridge Wallet, here is how to do it.

Click the green "Buy" button to display the bank transfer information.

7: Make your bank transfer

Use the information displayed on your screen to transfer the desired amount from your bank account.

Make sure to include your unique transfer reference in the communication / reference / reason field of your bank transfer.

Your bank transfer coordinates don't change for a given combination of purchase currency, cryptocurrency and receiving address. You can therefore use them to make recurring transfers and automate your Bitcoin investments!

8: That's it!

We convert your funds in BTC when we receive your bank transfer, and deliver them on the indicated wallet address (free of transaction costs).

If your bank transfer was sent the morning, we will receive it the same day. If not, we will receive it the next business day (Monday to Friday).

Have a question?

Check our FAQ

The most common questions that our clients ask us are all answered there. Have a look!

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We accept clients from all countries, except US persons and residents of:

Afghanistan, Belarus, Burundi, Central African Republic, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Ukraine, Venezuela, Yemen, Zimbabwe.