PostFinance will be the first systemically important bank in Switzerland to bring crypto trading directly to its customers. Easy access and the low entry threshold of 50 US dollars for crypto saving plans and individual orders make this service particularly accessible and help democratize the crypto market for everyone. “Cryptocurrencies offer an additional investment option and are here to stay. The benefit is that our 2.5 million customers can now invest in cryptocurrencies easily and securely with their principal bank,” says Philipp Merkt, Chief Investment Officer at PostFinance. “In addition to traditional asset classes such as cash, bonds and shares, cryptocurrencies are part of a variety of attractive alternative investment options such as real estate and raw materials.”
PostFinance is launching a new crypto service for Switzerland
PostFinance is leading the way in the Swiss financial sector and launching an innovative crypto service in the morning of 21 February 2024. This will enable its customers to purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan – similar to a funds saving plan. The launch aims to promote user-friendliness, transparency and attractive conditions for all.
Secure entry into the crypto market
The launch on 21 February 2024 is a milestone for PostFinance. In conjunction with the FINMA-regulated crypto bank Sygnum, PostFinance is offering its customers a clear range of cryptocurrencies with transparent and attractive prices. “The major trend towards blockchain technology will continue growing in future, and our customers want to participate in this technology. A large proportion of our customers have expressed a need to purchase cryptocurrencies without having to use loosely regulated crypto exchanges. Our service will enable them to do precisely this – and much more,” says Head of Digital Assets Dr Alexander Thoma, discussing the launch.
PostFinance customers will benefit from 24/7 trading from their own accounts through the new service. This means that they can buy and sell cryptocurrencies anytime and anywhere via e-finance or the PostFinance App.
Advantages for PostFinance customers
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PostFinance is initially offering customers access to 11 cryptocurrencies. Users benefit from a clear overview and good conditions.
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Customers can trade cryptocurrencies with ease from their private or savings account via e-finance or the PostFinance App – 24 hours a day, seven days a week.
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As a trustworthy Swiss financial institution, PostFinance offers secure access to the crypto market and handles cryptocurrency storage within Switzerland. Compliance with Swiss laws and FINMA provisions guarantees the best possible protection of customer investments compared to unregulated providers.
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Entering the world of crypto trading has never been so easy – with a crypto saving plan from as little as 50 US dollars, customers can invest in cryptocurrencies on a regular basis and benefit from long-term growth prospects.
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Customers can keep track of their cryptoassets at all times in e-finance and the PostFinance App.
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Customers can buy and sell cryptocurrencies 24/7 online.
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PostFinance is already working on other features in its crypto service.
PostFinance
PostFinance is one of Switzerland’s leading financial institutions, with 106 billion francs in customer assets and more than a billion payment transactions a year. Around 2.5 million customers place their trust in PostFinance when it comes to managing their money. As a diversified, innovation-driven financial services provider, it offers its customers fresh solutions and smart innovations for managing their finances. To do so, it relies on future-oriented tools and technologies that are specially developed or adapted for the Swiss market.
Sygnum
Sygnum, founded in Switzerland and Singapore, is a global digital asset banking group. Sygnum enables professional and institutional investors, banks, companies and DLT foundations to invest in digital assets with the utmost confidence. Sygnum has a banking licence in Switzerland, as well as CMS and major payment institution licences in Singapore. The Group is also represented in the regulated, well-established global financial hubs of Abu Dhabi and Luxembourg.