Crypto.com in Switzerland: lots of app, few francs

Our verdict in two paragraphs

Crypto.com is one of the best-known crypto apps in the world, and it has expanded what it offers Swiss customers: since June 2026 you can deposit by card, Apple Pay or Google Pay, since July 2026 Crypto.com ships its prepaid card to Switzerland, and the app lists around 400 cryptocurrencies. That is mainly interesting for expats who still hold a EUR account from home, cross-border commuters paid in euros and anyone who thinks in euros and wants a crypto card that works with a Swiss address.

If you think in francs, weigh it carefully. Crypto.com gives Swiss residents a EUR account only, so every purchase starts with a currency conversion. Crypto Earn, its well-known yield product, excludes Swiss customers. There is no Swiss supervision, and we found no fee schedule specific to Switzerland. We therefore recommend Crypto.com only with these caveats – as a second app for the card and the coin range, not as the main home for crypto savings in francs.

Who runs it, and who supervises it?

Crypto.com was founded in 2016 and is headquartered in Singapore. For Europe, the group operates out of Malta. Foris DAX MT Ltd has been authorised as a crypto-asset service provider under the EU's MiCAMarkets in Crypto-Assets Regulation: the EU rulebook for crypto providers, covering capital, custody and disclosure. It does not apply in Switzerland. regulation by Malta's Financial Services Authority (MFSA) since January 2025; the entry appears in ESMA's interim register. In its announcement of new deposit methods for the EEA and Switzerland, Crypto.com names this company for crypto services and Foris MT Ltd for the EUR account and the card.

What does that mean for you? Crypto.com holds no FINMA licence, and we found no membership of a Swiss self-regulatory organisation. MiCA authorisation applies in the EEA, not in Switzerland, though it does require Crypto.com to meet Maltese rules on capital, anti-money-laundering checks and segregated custody of client crypto. Check which company your contract names in the terms shown at sign-up: for Switzerland, we have only seen it confirmed publicly in that announcement.

Crypto.com holds the coins in the app itself. You do not control the private keys while they sit there, and the Swiss deposit protection scheme esisuisse covers neither the EUR balance nor the crypto. For larger long-term holdings, a wallet of your own is the better place. Our guide to FINMA crypto regulation explains the Swiss rules, including the strict travel rule for transfers.

Money in and out: euros, not francs

The key point of this review: according to the help centre, Crypto.com offers Swiss residents a EUR account, not a CHF account. That leaves two ways to fund the app.

1. EUR bank transfer: send euros by SEPA to the IBAN of your Crypto.com EUR account. The easiest source is a EUR account at your Swiss bank or a smartphone bank. You convert francs to euros beforehand at your bank, at its rate and on its terms.

2. Card, Apple Pay or Google Pay: since June 2026, customers in the EEA and Switzerland can also deposit this way. The announcement does not state the fees. If you pay a euro amount with a CHF card, your card issuer will usually add a foreign-currency fee.

TWINT is not an option, and neither is PostFinance Pay. The few routes that do work with TWINT are covered in our guide to buying crypto with TWINT.

Withdrawals mirror this: sell coins for euros, then send the euros by bank transfer to an account in your name. If the money lands in a CHF account, your bank converts it at its own rate. Swiss banks often ask about the source of funds when larger amounts arrive from crypto platforms, so keep purchase records and statements to hand. Our guide to cashing out crypto in Switzerland walks through the process.

Worked example: CHF 1,000 into bitcoin

We cannot calculate an exact example, because Crypto.com does not publish a fee schedule for Swiss customers that we could verify. These are the cost components:

• CHF→EUR conversion: your bank's cost, not Crypto.com's. Compare its rate with the mid-market rate – every percentage point of mark-up costs exactly CHF 10 on CHF 1,000.
• Purchase price in the app: Crypto.com sets the price itself, and it contains a spreadThe gap between the buying and the selling price. In apps, part of it is the provider's margin. whose size is not published for Switzerland. The app shows the final amount before you confirm.
• Card payment: reviews quote varying figures, often 2.99%; on CHF 1,000 that would be about CHF 29.90 – not confirmed for Switzerland. Any foreign-currency fee on your card comes on top.

Our advice: make your first purchase small and compare how much bitcoin you get per franc. That tells you more than any percentage.

Fees and alternatives compared

In the app you buy at a price set by Crypto.com. Crypto.com's exchange platform also has an order book with maker and takerA maker places an order in the order book, a taker accepts an existing one. Takers usually pay more. fees; reviews cite 0.25% and 0.50% at the entry tier. We could not confirm these figures for Swiss customers either.

For context: CEX.IO has operated since 2013, charges spot fees of 0.15% (maker) and 0.25% (taker) and lists Switzerland among its Earn countries. Swiss customers, however, contract with CEX OVRS LLC in Nevis, which names no regulator, and there is no CHF there either (CEX.IO review). SwissBorg accepts francs and offers a card with CHF as its base currency (SwissBorg review). Kraken takes francs by SIC transfer free of charge (Kraken review).

Coins, card and Earn: what applies in Switzerland

Coins: Crypto.com lists around 400 cryptocurrencies, including bitcoin, ether, solana, XRP and dogecoin; the help centre notes that not all of them may be displayed. Pi Network is not available. We did not check whether Tether (USDT) is tradable for Swiss residents – in the EEA, Crypto.com restricted it in January 2025. Where to buy USDT with francs is covered on our USDT page.

Prepaid card: according to the help centre, Crypto.com has shipped its prepaid card to Switzerland since July 2026. Help articles call it a Visa card, while the EEA website now also refers to a Mastercard. Your card tier and cashback are set by the "Level Up" programme, tied to Crypto.com's own CRO token; rewards are paid in CRO. We could not confirm the card currency for Swiss customers or the fees for cash withdrawals and foreign currencies. Other cards that work with a Swiss address are compared in our overview of crypto cards in Switzerland.

Tax: euro records, franc declaration

For private investors, capital gains are tax-free in Switzerland, while holdings on 31 December are subject to wealth tax. You declare each coin in the securities schedule at the tax value in the Federal Tax Administration's price list, along with the EUR balance in your Crypto.com account, converted into francs.

As far as we could find, Crypto.com does not provide a Swiss tax statement. Your basis is the transaction history from the app, which you should save every year. Two points are specific to Crypto.com: every card payment funded from crypto is a sale – tax-free for a private investor, but worth documenting. And for CRO cashback it is unclear whether the tax authorities treat it as income; there is no explicit statement from the Federal Tax Administration. Our guide to declaring crypto on your tax return shows where each figure goes – useful if this is your first Swiss return after moving here.

Strengths and weaknesses

Opening an account from Switzerland

1. 1

   Install the app and sign up

   Download the Crypto.com app, register with your email and phone number and select Switzerland as your country of residence. Check in the terms which company you are contracting with.

2. 2

   Verify your identity

   Photograph your passport or ID card and take a selfie. Foreign nationals living in Switzerland usually use their passport.

3. 3

   Address and source of funds

   Expect questions about your address, occupation and where your money comes from. Proof of address and, for larger amounts, a salary certificate or bank statement may be requested.

4. 4

   Activate the EUR account

   In the Fiat section, activate the EUR account. You receive an IBAN for SEPA transfers. Only send money from an account in your own name; third-party payments are usually rejected.

5. 5

   Start small

   Test your first deposit and purchase with a small amount, then compare the final figure with the market price.

KYCKnow Your Customer: the identity check that regulated financial providers must carry out by law. verification is mandatory before any deposit. Swiss providers must identify you at the latest once crypto purchases reach CHF 1,000 within 30 days; Crypto.com applies EU rules and checks your identity when you open the account.

Alternatives to Crypto.com

If you want to use francs directly, Kraken, with free SIC deposits, or Bitpanda, with CHF deposits from CHF 10, will suit you better. For a crypto card with CHF as its base currency, look at SwissBorg. And if you want crypto next to your everyday account in a single app, take a look at Revolut, which has its own limits on fees and coins.