Find the right trading platform

Crypto exchange or bank?
Cryptocurrencies are traded on over 300 digital exchanges. Before opening an account, essential questions should be addressed. Questions such as which cryptocurrencies and deposit methods to my account are offered, what is the fee structure and user-friendliness, and how secure is the exchange. Just comparing and clarifying these questions can take hours.

Are you a Swissquote customer? If so, then there's nothing standing in your way of trading cryptos. At Swissquote, the most important coins can already be bought or sold without any problems - so it's ideal for beginners who want to get started right away. More information directly from Swissquote.

Below you will find a comparison of three crypto exchanges and two banks.

Crypto exchanges

BinanceBitpandaCoinbase/Coinbase ProSwissquoteBitcoin Suisse
Homepagebinance.combitpanda.comcoinbase.comswissquote.combitcoinsuisse.com
HeadquartersMaltaAustriaUSASwitzerlandSwitzerland
Year established20172014201220002013
Number of coins34869572437
Fiat currenciesCHF, EUR, GBP, USD etc.EUR, CHF, GBP, USD, TRYEUR, GBP, USDCHF, EUR, USDCHF, EUR, USD
SEPA
Bank transfer
Yes (currently blocked)YesYesYesYes
FeesMax. 0.10%Max. 0.15%Coinbase: 0.50% plus a minimum fee for transactions up to USD 200 and above 1.49%.
Coinbase Pro: 0.50%
Max. 1%1.25% for all trading pairs and an additional 0.50% for all pairs not supported by major crypto exchanges. The minimum amount for a trade order is CHF 200.
Securitycold storage /
2-factor verification
cold storage /
2-factor verification
98% cold storage /
2-factor verification
Deposit guarantee up to CHF 100,000Deposit protection up to CHF 100'000.-
SupportEnglishGermanEnglishGermanGerman
UsabilityVery many functions and partly rather for advanced users. There is a lite version available with a simple setup for beginners.Simple structure and well suited for beginnersSimple structure and well suited for beginnersSimple structure and well suited for beginnersSimple structure and well suited for beginners
ConclusionLargest crypto exchange with the lowest trading fees and many features.Secure crypto exchange with simple setup. The number of tradable cryptocurrencies is much smaller than Binance.Secure crypto exchange with simple structure. The fees are significantly higher than the competition.A good alternative to crypto exchanges. Very few cryptocurrencies are offered so far.A good alternative to crypto exchanges, but currently only for wealthy customers. The minimum amount for new customers is CHF 100,000.

At www.coinmarket cap.com/rankings/exchanges/ you will find a list of other crypto exchanges.