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This website does not constitute ﬁnancial advice. All investments carry a degree of risk: <a href="https://library.swissquote.com/shared-images/risks-disclosure-bank-europe-en">learn more</a>. Swissquote Bank Europe&nbsp;Supervised in Luxembourg by the CSSF. Member of FGDL Deposit Guarantee Scheme.

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Swissquote Bank Ltd is Switzerland’s leading provider of online banking and financial services. The bank is headquartered in Gland, Switzerland with an auxiliary office in Zurich and representative offices in Dubai and Hong Kong.Licence and advantages<ul><li>Regulator: FINMA</li><li>Licence: Bank</li><li>Free Swiss bank account</li><li>Multilingual customer support</li></ul>

It seems that you are located in the USA, while about to access our website for Europe.&nbsp;By clicking&nbsp;"Continue"&nbsp;you confirm that you have read and understood this legal information related to&nbsp;<a href="#expand">local restrictions</a>&nbsp;and that you access the website on your own initiative and without any solicitation from Swissquote.<hr>Swissquote Bank Ltd ("Swissquote") is a bank licensed in Switzerland under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). Swissquote is not authorized as a bank or broker by any US authority (such as the CFTC or SEC) neither is it authorized to disseminate offering and solicitation materials for offshore sales of securities and investment services, to make financial promotion or conduct investment or banking activity in the USA whatsoever. This website may however contain information about services and products that may be considered by US authorities as an invitation or inducement to engage in investment activity having an effect in the USA. If you are currently not located in the USA, please click "Continue" in order to access our Website.

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Here you can find the most common questions and answers about cryptocurrency Trading. Please contact us if you require any further information.

Cryptocurrencies - FAQs

You can trade cryptocurrencies directly from your Swissquote mobile app, the eTrading platform or 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 can only be traded with these two currencies.

How can I trade cryptocurrencies?

There are no custody fees. The account maintenance fee is free if you trade stocks and/or ETFs at least once a month, and EUR 15&nbsp;per month when you don’t.

Do I have to pay custody fees?

Our trading account includes all that you need for your investing journey. To find out&nbsp;more about your simple and transparent pricing, visit the <a href="https://www.swissquote.com/en-lu/private/trade/pricing/cryptocurrencies">pricing section</a> of our website.

What are the transaction fees?

The minimum buy/sell amount for Cryptocurrencies is equivalent to EUR/USD 25.

What is the minimum transaction amount?

The performance graph is available on the dedicated Crypto Asset platform under My account &gt; Account overview &gt; Crypto Assets &gt; Trade &gt; Show details.

Where do I find the charts?

What is the settlement date of a cryptocurrency?

With the safety of our clients’ digital assets as our number one priority, Swissquote operates state-of-the-art security systems including multi-signature wallets, offline storage of cryptographic materials and strict access-control policies. We rely on redundant custody solutions, including ours and external partners’ to store client digital assets. Only a minimal amount of digital assets are held with sub-custodians, such as those necessary for day-to-day trading activities with the relevant liquidity providers.

How does Swissquote keep your cryptocurrencies safe and secure?

Swissquote Bank Europe solely uses Swissquote Bank SA, a Finma-regulated bank in Switzerland, as its digital asset custodian. Swissquote Bank SA relies primarily on its own redundant custody solutions with only a minimal amount of digital assets held by its liquidity providers acting as sub-custodians for day-to-day trading activities requirements. These liquidity providers are: Bitstamp Europe S.A. (Luxembourg), Bitstamp Limited (United Kingdom), Ltd by Coinbase Europe Limited (Ireland), Ltd and CB Payment, Ltd. (United Kingdom).

<table><tbody><tr><td>Digital Assets</td><td>Service</td><td>Sub-custodians</td></tr><tr><td>ETH, DOT, SOL and XTZ</td><td>Staking</td><td>Coinbase Custody Trust Company, LCC (USA)</td></tr></tbody></table>

Which are the Sub-custodians and Liquidity Providers used by Swissquote for Cryptocurrencies?

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 <a href="https://links.imagerelay.com/cdn/2958/ql/hard-fork-policy-en-sqbe">Policy on Hard forks</a>&nbsp;and similar events and section 12 of our Digital Assets Contract.

What is Swissquote’s current policy in relation to the treatment of Hard Forks and similar events?

Swissquote does not provide tax advice. It is your responsibility to fulfil any tax obligations that you may have depending on your individual circumstances. Swissquote provides details of your cryptocurrency positions in January of each year to help you fulfil tax filing obligations. This information can be found in the «Documents» section of your account.

Are cryptocurrencies taxable?

You cannot transfer cryptocurrency in and out of your Swissquote account.

Can I transfer cryptocurrencies in and out of my Swissquote 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 <a href="https://links.imagerelay.com/cdn/2958/ql/ripple-communication-en">here</a>.

Some crypto providers have stopped offering Ripple trading to their clients due to recent events. What is Swissquote’s stance on the matter?

FAQs - General questions

If you didn’t find the information you were looking for or you still have questions, check out other Help categories.