Best Exchanges To Buy Bitcoin In Switzerland In 2024
In this guide, we'll talk about the top Bitcoin exchanges in Switzerland and why they're good choices. We'll also discuss the important things to consider when picking a new Bitcoin exchange or app in Switzerland.
If you are looking at the best exchanges to buy Bitcoin in Switzerland, you're in the right place. In this easy guide, we'll show the best exchanges and apps to get some Bitcoin. We've checked them out ourselves to make sure they're safe.
We'll list platforms that focus only on Bitcoin, since they are able to convey a bigger focus to the user. Plus, we'll give extra attention to those Bitcoin-only exchanges based in Switzerland.
Best Bitcoin-Only Exchanges And Apps Of 2024
The list starts with exchanges we've personally checked that are based in Switzerland. Then, we also list exchanges that only deal with Bitcoin and are available also in Switzerland, but aren't necessarily swiss-based.
We cover both exchanges that require you to verify your identity (KYC) and those that don't. However, you'll probably see the non-KYC or soft-KYC exchanges higher up because we value them more in our ranking system.
We use something called a blockdyor Score to rate these platforms, and we give higher scores to exchanges that don't require you to verify your identity. If you want more privacy or faster transactions, choosing a non-KYC exchange might be a better option.
- 🥇 Peach Bitcoin
- 🥈 Relai
- 🥉 Pocket Bitcoin
- 🎖️ Hodl Hodl
- 🎖️ Agoradesk
- 🎖️ Bisq
- 🎖️ Robosats
- 🎖️ Vexl
- 🎖️ 21bitcoin
Peach Bitcoin
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Peach Bitcoin | 🇪🇺🇨🇭 + more | 2% / 2% | ⭐⭐⭐⭐ 74/100 |
Why We Chose It
Peach Bitcoin is a popular app in Switzerland and Europe that lets you buy and sell Bitcoin directly from other people, without needing to verify your identity. It's known for being easy to use and for having lots of options in its marketplace. When you make a trade on Peach Bitcoin, your money is held safely in an escrow until both sides are happy with the deal. They also have a cool feature called conference mode, which helps you meet new buyers and sellers at Bitcoin events.
You can get Peach Bitcoin on your iPhone or Android phone, and it comes with its own wallet so you can store your Bitcoin securely. Plus, if you practice self custody, you can add your wallet to the app too.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ No KYC | ❌ USD Not Supported |
| ✅ Intuitive and easy to use | ❌ High fees (2%) |
| ✅ Escrow system | ❌ iOS version needs an invitation |
Overview
Peach Bitcoin is a new platform that stepped up when Localbitcoins closed down. It lets people buy and sell Bitcoin directly from other people. Started in 2022 and based in Switzerland, it really cares about keeping users' information private and giving them control. They don't hold onto your money for you; instead, they help you use your own wallet to keep your cryptocurrencies safe.
You can use Peach Bitcoin to trade with different types of money and even unconventional stuff like Amazon Gift Cards. This makes it easy to get your regular money into and out of cryptocurrencies smoothly. They have an easy-to-use app for your phone, whether you have an iPhone or an Android, so it's simple for people all over the world to use.
Some people worry about fees and whether the platform is truly decentralized. But Peach Bitcoin stands out because it's dedicated to letting people trade without needing to share their personal information (non-KYC), and it gives you options to control your own cryptocurrency (self-custody). That's why it's a good choice for anyone who wants to keep their BTC trading private and secure.
Full Review
Kate Porter
👉 Click here to download Peach and get 100 free Peach Points.
Relai
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Relai | 🇪🇺🇨🇭 + more | 2.5% / 2.5% | ⭐⭐⭐⭐ 72/100 |
Why We Chose It
Relai is an app just for Bitcoin that lets you buy, sell, and even take care of your own Bitcoin storage. It doesn't hold onto your Bitcoin for you; instead, it helps you use your own private keys. Since it's a "light-KYC" bitcoin exchange, when you trade less than 1000 euros or Swiss francs a day, you don't need to show any ID, making it easy for small trades.
When you buy Bitcoin on Relai, it goes into your own self-custody wallet, and you can move it later to your own hardware wallet. You can also send your Bitcoin straight to your own hardware wallet right after you buy it, as long as you prove you own the private keys (message signing). You can do the same thing when you sell Bitcoin.
Relai doesn't charge too much for using their service, and if you use the code BLOCKDYOR, you will get an even better deal on fees.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Easy-to-use app | ❌ Uncertainty about exporting 12-word seed phrase |
| ✅ Soft-KYC for user privacy | ❌ Higher fees for recurring buys |
| ✅ Secure non-custodial wallet | ❌ Limited availability outside Europe, UK, and Switzerland |
Overview
Relai is becoming really popular in Europe because of its Bitcoin-only service. It's kind of a mix between platforms where you trade with other people and ones where a company controls everything. It's based in Switzerland but serves most countries in the European Union, and it has some cool features that make it stand out from other options.
You can trade without needing to verify your ID for amounts up to 950 euros each day or 100,000 euros each year. Even though it's considered a "soft-KYC" exchange, they don't make you give your ID. This makes it a great choice for people who love Bitcoin, especially if you want to invest a little bit of money regularly over a long time (like Dollar-Cost Averaging). It's good for that because it has low fees and it's really easy to turn your regular money into Bitcoin.
You can get the Relai app on your iPhone or Android phone, and it's designed to be simple to use and keep your information private. When you use it, your transactions are linked to wallets that you control using special phrases. This makes it easy to get to your money while keeping it safe, giving you a simple way to build up your Bitcoin stack.
Full Review
Andrea Carnimeo
👉 Click here to join Relai. Use code BLOCKDYOR to lower the fees by 20%.
Pocket Bitcoin
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Pocket Bitcoin | 🇪🇺🇨🇭 + more | 1.5% / 1.5% | ⭐⭐⭐⭐ 71/100 |
Why We Chose It
Pocket Bitcoin is a simple way to turn your regular money into Bitcoin. You can do it by transferring money from your bank, and it's really easy to use. They don't make you give a lot of personal information, just a little bit (soft-KYC). Your Bitcoin goes straight into your own hardware wallet, and you don't even have to make an account. Everything happens automatically, including if you want to buy Bitcoin regularly.
It's a great choice for people who want to keep control of their Bitcoin themselves and just want to keep adding to their Bitcoin collection without planning to change it back to regular fiat money.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Low fees | ❌ No selling BTC |
| ✅ Kraken quotes | ❌ To receive BTC you must sign a message with your private key |
| ✅ Vast Hardware wallet support |
Overview
Pocket Bitcoin is a website and an app you can use on your phone (whether you have an iPhone or Android) that made buying Bitcoin with regular money (like Euros or Swiss francs) from your bank really easy. It puts your Bitcoin right into your own hardware wallet, whether they're on your computer or a special device you have.
It's really safe because it sends your Bitcoin straight to the address you tell it to. You can type in your own address or connect it to your special digital wallets. And the best part? You don't have to share a lot of personal information or make an account. All you need to do is transfer money from your bank to the special account they give you.
This simple way of doing things focuses on keeping your information private and making it easy for you. They even let you set up regular payments and make your Bitcoin available right away when they get your money. It's a really easy way for people in Europe to buy Bitcoin.
Full Review
Kate Porter
👉 Click here to join Pocket Bitcoin and get € 5.00 in free BTC with the code BLOCKDYOR.
Hodl Hodl
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Hodl Hodl | 🇪🇺🇨🇭🇨🇦+ more | 0.30% / 0.30% | ⭐⭐⭐⭐⭐ 95/100 |
Why We Chose It
Hodl Hodl has been around for over 7 years and offers a special way to buy and sell Bitcoin peer-to-peer. It's different because it only deals with Bitcoin, and it doesn't hold onto your Bitcoin for you. Instead, it uses a special system called multisig escrow to keep your transactions safe.
You can buy and sell Bitcoin using different types of currencies and ways to pay, and Hodl Hodl makes sure your privacy is protected by not requiring you to share a lot of personal information. It's not just for trading; you can also use Hodl Hodl to lend or borrow money from other users without needing to reveal who you are. They use the same multisig escrow system to keep these transactions secure too.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Low fees | ❌ Not available in the USA |
| ✅ Easy to use | ❌ No web based or mobile apps |
| ✅ Many offers for several currencies/payment methods |
Overview
Hodl Hodl started in 2016 and is one of the earliest platforms where people can trade Bitcoin directly with each other. It's special because there's no middleman involved. You can use it on both the regular Bitcoin network and the Lightning Network, which is a faster way to send Bitcoin.
One cool thing about Hodl Hodl is that it doesn't hold onto your Bitcoin for you. Instead, it uses something called a multisig escrow system to make sure your trades are safe.
You can use lots of different ways to pay and different types of money on Hodl Hodl. It makes transactions really quick and safe using special contracts, and you get to keep control of your keys. People like using Hodl Hodl because it focuses on keeping your identity private, you can trade with anyone around the world without needing to share a lot of personal information, and the fees are low (0.6% for each side of the trade).
Hodl Hodl doesn't just let you do trading; it also lets you lend or borrow money from other users without anyone knowing who you are. This makes it even more useful. With its focus on keeping things secure, private, and giving users control, Hodl Hodl is a trusted place for Bitcoin fans everywhere.
Full Review
Andrea Carnimeo
👉 Sign up on Hodl Hodl now for a lifetime discounted trading fee of just 0.45%.
Agoradesk
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Agoradesk | 🇪🇺🇨🇭🇺🇸🇨🇦+ more | 0.00% / 1.00% | ⭐⭐⭐⭐⭐ 88/100 |
Why We Chose It
Agoradesk is special because it's a place where you can trade Bitcoin with other people without needing to share a lot of personal information. You can buy Bitcoin anonymously using lots of different ways to pay, like online wallets, credit cards, and even gift cards or sending cash in the mail. It works everywhere, including in the USA.
Your trades are kept safe with something called an arbitration bond, which makes sure everything goes smoothly. What's great is that you don't need to put down any money before you start buying Bitcoin. This makes it really easy to get started, even if you don't already have any Bitcoin. With its mix of safety and easy-to-use features, Agoradesk is a trustworthy and handy place for trading Bitcoin.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Low taker fees | ❌ Maker fees are higher |
| ✅ Easy to use | |
| ✅ Available in the US |
Overview
AgoraDesk started in 2019 by the same folks who created LocalMonero. It's a place where you can trade Bitcoin directly with other people, without having to show any ID or personal information. It makes sure your transactions are safe and private.
The website is easy to use, kind of like LocalBitcoins, so both new and experienced traders can use it easily. AgoraDesk doesn't charge you to sign up or to make trades on the platform, which is nice.
You can use AgoraDesk no matter where you are in the world, and they accept lots of different ways to pay. They have rules for solving any disputes that might come up during trades, and they're quick to help if you have any questions or problems. Because they focus on keeping your information private and making sure no one can stop you from using their platform, AgoraDesk is a reliable place for anyone who loves Bitcoin.
Full Review
Andrea Carnimeo
👉 To sign up for free on AgoraDesk, click here.
Bisq
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Bisq | 🇪🇺🇨🇭🇺🇸🇨🇦+ more | 1.15% / 0.15% | ⭐⭐⭐⭐⭐ 87/100 |
Why We Chose It
Bisq is a popular way to buy and sell Bitcoin because it keeps your identity super private. But it can seem a bit tricky when you first start using it. One thing to remember is that you need to already have some Bitcoin before you can use Bisq. This might make it a bit harder for some people to use.
Bisq is better for people who know a bit more about using Bitcoin. But the tradeoff is that you get to use a platform that's really decentralized, meaning no one can control it, and you don't have to share any personal information.
Bisq is changing with a new version called Bisq 2. It has a simpler way to use it called "Bisq Easy." This version doesn't need any Bitcoin deposits upfront, but it might not be as secure as the original version. This makes it easier for people who are new to Bitcoin to use.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Low maker fees | ❌ Taker fees are higher |
| ✅ High privacy | ❌ Too complex for beginners |
| ✅ The new Bisq Easy is the right direction | ❌ Security deposit needed |
Overview
Bisq is a really famous exchange where people can trade Bitcoin with each other without anyone else being in control. It's been around for a long time and is known for keeping your privacy super secure. Bisq makes sure your internet connection is safe by using something called TOR.
You can use Bisq to trade Bitcoin for regular money or other cryptocurrencies, and you don't have to show any personal information to do it. You can download it onto your computer whether you have Windows, Linux, or Mac, and it lets you keep full control of your money with your own digital wallet.
Bisq makes sure your trades are private and safe by using special features like end-to-end encryption and only letting you connect through TOR. It's one of the few exchanges where users have a real say in how it's run through something called a DAO.
Even though Bisq is a bit advanced, it's still a top choice for people who want to keep their trading private and decentralized. By sticking to open-source rules and letting the community have a say, Bisq really shows what Bitcoin is all about.
Full Review
Andrea Carnimeo
Robosats
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Robosats | 🇪🇺🇨🇭🇺🇸🇨🇦+ more | 0.175% / 0.025% | ⭐⭐⭐⭐⭐ 87/100 |
Why We Chose It
Robosats is a special kind of exchange where you can trade Bitcoin with other people, and it's all open-source. It's designed to keep your privacy super secure. They use something called the Lightning Network and connect through TOR to make sure your trades are as anonymous as possible.
What's cool is that you can even set it up on your own personal Bitcoin node, like Citadel or Umbrel, which gives you even more control and makes things more decentralized.
Even though Robosats might not be as easy to use as other exchanges, it's really good for people who care about privacy and don't want to pay a lot of fees. By focusing on keeping your information private and making sure everything is decentralized, Robosats lets you trade Bitcoin with confidence, knowing your money is safe and your transactions are private.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Super-low fees | ❌ Lightning only |
| ✅ Quick payments | ❌ For advanced users |
| ✅ Secure, Run it on your own node |
Overview
RoboSats started in 2022 and it's a place where you can trade Bitcoin directly with other people. It's not like regular exchanges where a company controls everything. On RoboSats, you trade directly with other users, and RoboSats makes sure everything goes smoothly by keeping your trades safe.
It's really good at dealing with Bitcoin and the Lightning Network, which makes it stand out from other similar platforms. RoboSats charges very low fees (0.175% for takers and 0.025% for makers) and you can use it from anywhere in the world because it's decentralized.
You can only access it through TOR, which makes it extra secure, and you even have the option to run it from your own personal node. This makes RoboSats a powerful tool that anyone can use, no matter where they are.
Full Review
Kate Porter
Vexl
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| Vexl | 🇪🇺🇨🇭🇺🇸🇨🇦+ more | 0% / 0% | ⭐⭐⭐⭐ 77/100 |
Why We Chose It
Vexl sees things differently when it comes to Bitcoin exchanges. Instead of being like regular ones, it's a peer-to-peer exchange that doesn't ask for your personal information. It doesn't even use a security escrow. Instead, it checks your phone's contacts (but don't worry, it doesn't save any of your info) to connect you with people you trust. You can then trade Bitcoin with them, using cash, bank transfers, or other online payment methods.
Vexl was created as an alternative to exchanges that ask for lots of personal information. It's perfect for people who really care about keeping their privacy safe. It helps you find other Bitcoin users near you who want to buy or sell Bitcoin, so you can trade directly and securely without having to share too much about yourself.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Original and different | ❌ No escrow |
| ✅ Open source | ❌ No specific Online Payments methods in the filtering tool |
| ✅ No KYC | ❌ iOS app needs Testflight to be downloaded |
Overview
Vexl is a new app for trading Bitcoin directly with other people, and it's changing the way people buy and sell cryptocurrency. It started in 2021 and is based in Prague, Czech Republic. Vexl has a different approach to Bitcoin trading, focusing on privacy and connecting with others.
It's not like regular exchanges you might have used before. Vexl doesn't make you do that thing called Know Your Customer (KYC) verification. Instead, it checks your phone's address book to find people you know and trust (and even their friends too). This cool feature means you can trade with people you feel safe with.
Vexl's app is really easy to use, with a simple design that shows you what you need to know first. You can trade Bitcoin for dollars or euros, and it works with lots of different kinds of money. They have features like groups and a marketplace to help you find trading chances with people you know.
Full Review
Andrea Carnimeo
21bitcoin
Key Specs
| Exchange | Availability | Taker / Maker Fees | blockdyor Score |
|---|---|---|---|
| 21bitcoin | 🇪🇺🇨🇭 + more | 1.49% / 1.49% | ⭐⭐⭐ 54/100 |
Why We Chose It
21bitcoin is an app from Austria that helps you buy and sell Bitcoin. You need to confirm who you are with KYC rules when you use it. You can only use it through its app, which is easy to use. You can add your own addresses and set up automatic transfers to keep your Bitcoin safe.
Even though you have to confirm your identity, the app charges low fees. You have lots of ways to do Bitcoin transactions. It focuses on keeping your money safe and lets you move your coins to your own wallets, giving you more control over what you have.
Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Regulated in Europe | ❌ Higher fees than traditional exchanges |
| ✅ Easy to use | ❌ No web app |
| ✅ Fees are fair | ❌ KYC is mandatory |
Overview
21bitcoin is an app that's all about making Bitcoin easy. It was made by Daniel Winklhammer and Dominik Seibold in 2022. It only deals with trading between Euros and Bitcoin, which makes it simpler for users.
You can only get it on iPhones and Android phones. The app looks simple and doesn't have any other types of cryptocurrency, so you can focus on Bitcoin. It's easy for both new and experienced investors to use. It's supported by FIOR Digital GmbH and approved by the Austrian Financial Market Authority, so it's safe and follows the rules.
You can start using it with just €15 and the fees for transactions are low, starting from 1.49%. You can buy Bitcoin easily with SEPA instant transfers and even set up automatic buys. Your Bitcoin is kept safe, and the app follows all the important rules.
Kate Porter
👉 Click here to download the 21bitcoin app and get a 13% fee discount on Bitcoin purchases.
Switzerland and their "Light KYC" Law
Swiss Bitcoin exchanges aren't just popular in Switzerland, but in the European Union too. The main reason is the Light KYC (or Soft KYC) rule that let's users transact 950 CHF (or 1000 EUR) without any identification.
However, it's important to note that this law doesn't mean that you can buy Bitcoin without KYC, because if you pay with your bank account you are giving away some infos about you anyway. However, light KYC it's still better than full KYC platforms that periodically request ID scans or even a proof of address.
Swiss-based Exchanges Regulation
Swiss exchanges like Peach Bitcoin follow rules from a group called SRO PolyReg. This group makes sure financial companies are following laws against money laundering. They are watched over by a Swiss authority called FINMA.
Many of these companies are also part of another group called VQF. VQF has been approved by FINMA since 1998. Their job is to make sure financial companies follow money laundering laws too. They provide services like checking companies, giving training, and speaking for them in government matters. These Swiss companies are registered under Swiss laws.
If you're in Switzerland and want to buy Bitcoin, here's what you should do:
- Pick a Bitcoin-only exchange. They focus only on Bitcoin, so they're likely to give you the best Bitcoin experience.
- Go for Swiss-based exchanges. They'll work well with your local currency, the Swiss Franc, and local payment methods. They're also more tailored to Swiss users.
- Look for Swiss exchanges regulated by SRO PolyReg or VQF. This shows they're more serious about what they do.
That's why in our list we recommend first Swiss-based exchanges, even if their blockdyor Score is lower than some others.
Bottom Line
In Switzerland, there are lots of places to buy and sell Bitcoin. Some ask for your personal info (KYC), some don’t. But there are many that ask for just a little info (light-KYC), which is a good balance of safety and simplicity.
It’s smart to begin with Swiss options because they work well with Swiss money. But there are also good options outside Switzerland or even completely decentralized ones.