Bitcoin
BTC
$
00000.00
-0.00%
Ethereum
ETH
$
00000.00
-0.00%
Solana
SOL
$
00000.00
-0.00%
XRP
XRP
$
00000.00
-0.00%
Dogecoin
DOGE
$
00000.00
-0.00%
ChainLink
LINK
$
00000.00
-0.00%
Binance Coin
BNB
$
00000.00
-0.00%
Cardano
ADA
$
00000.00
-0.00%
Litecoin
LTC
$
00000.00
-0.00%
Ordinals
ORDI
$
00000.00
-0.00%
Polygon
MATIC
$
00000.00
-0.00%
Optimism
OP
$
00000.00
-0.00%
Arbitrum
ARB
$
00000.00
-0.00%
Polkadot
DOT
$
00000.00
-0.00%
Avalanche
AVAX
$
00000.00
-0.00%
Sui
SUI
$
00000.00
-0.00%
Ethereum Classic
ETC
$
00000.00
-0.00%
FileCoin
FIL
$
00000.00
-0.00%
Celestia 
TIA
$
00000.00
-0.00%
Injective
INJ
$
00000.00
-0.00%

Key Takeaway

PostFinance offers its users a trusted way to explore the cryptocurrency world through regulated channels. This effort mirrors the bank's dedication to protecting its users' interests and building confidence in the digital currency sector.

For those looking to broaden their investment horizons, eToro presents an attractive option. As a platform boasting over 4,500 cryptocurrencies, in addition to a varied selection of stocks, commodities, and ETFs, eToro caters to diverse investor needs. It also provides fast CHF deposits, catering to Swiss investors.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro Europe
eToro Europe

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating
9.8

Supported Assets

4,500 Cryptocurrencies, Stocks, ETFs and more.

Trading Fees

0% Fees and Variable Spread (1%).

Can I Invest in Crypto with PostFinance?

PostFinance empowers its clients by facilitating transfers to cryptocurrency exchanges that adhere to the stringent regulatory frameworks of Switzerland and Europe. This approach ensures a safe investment environment aligned with the country’s robust financial safeguards.

It's crucial to acknowledge that PostFinance does not integrate a digital asset wallet within its banking offerings. For the secure acquisition and management of cryptocurrencies, it's advisable to engage with a reputable Swiss exchange that aligns with Europe's rigorous regulatory standards.

How to Buy Crypto with PostFinance

PostFinance champions cryptocurrency investments by enabling frictionless fund transfers to compliant exchanges, safeguarding transaction integrity. Platforms conforming to European regulatory standards, such as eToro, serve as dependable avenues for depositing CHF via various methods, including bank and SEPA transactions, as well as credit or debit card payments.

  1. Begin by setting up and verifying your eToro account with your personal information.
  2. Proceed to 'Deposit Funds,' select your preferred payment option, and initiate a transfer from your PostFinance account.
  3. Utilize the search function to find your cryptocurrency of choice and press the 'Trade' button.
  4. Specify the amount you wish to invest and finalize your purchase by selecting 'Open Trade.'
How to Buy Crypto with PostFinance

Does PostFinance Block Crypto Transactions?

PostFinance facilitates transactions to regulated investment platforms across Europe, contributing to the vibrant crypto ecosystem. The bank ensures the secure transfer of funds to exchanges that meet regulatory standards, enhancing the safety of digital asset transactions.

The bank specifically endorses interactions with platforms that rigorously implement KYC and AML protocols, consistent with the Cyprus Securities Exchange Commission (CySEC) regulations. This shows PostFinance's commitment to safeguarding financial activities in the cryptocurrency domain.

Digital Asset Investing Fees

Diving into digital asset trading requires a grasp of the fees that ensure smooth platform operation. Here's a breakdown of eToro's fees:

  • Funding Your Account: Adding funds to your eToro account might incur some costs. Depositing in USD is free, but if you're using CHF, expect fees ranging from 1.5% to 3%, based on the deposit method.
  • Withdrawals: When you withdraw money from eToro, there's a fixed fee of $5 for CHF withdrawals. For cryptocurrencies, the withdrawal fee varies with the network's traffic.
  • Trading Fees: eToro charges a 1% trading fee plus a spread, which is the difference between the buying and selling prices of an asset, fluctuating with each asset.

For active traders or significant investors, considering eToro's tiered membership could be beneficial, as it offers advantages like reduced fees and dedicated account managers for upper-tier members.

Closing Thoughts

PostFinance's alignment with European financial regulations and its collaboration with esteemed platforms like eToro furnish a secure avenue for clients interested in the cryptocurrency market. While direct trading services are not available, the bank ensures the secure transfer of funds to regulated exchanges, solidifying its role as a dependable banking partner in the digital investment sphere.

Author

Richard Zhang, the founder of StacksOnChain, comes with a rich history in finance and a background as a High-Frequency Trading engineer and computer science scholar. With over a decade in the industry, he fervently advocates decentralized financial systems, imparting his extensive knowledge to a global readership.

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