Bitcoin Suisse Review – Swiss-Based But Is It Still Trusted?
Swiss is known as a highly regulated country. They wouldn’t have so high standards if there were no regulations. Bitcoin Suisse is practically a crypto exchange registered in 2013.
But if you can see a fully transparent company still making mistakes, that makes you wonder if you can find any legitimate broker. Thus, this Bitcoin Suisse review shows you exactly what to avoid in choosing a broker and how to find the right one.
|Broker status:||Unregulated Broker|
|Regulated by:||Unlicensed Scam Brokerage|
|Blacklisted as a Scam by:||N/A|
|Owned by:||Bitcoin Suisse AG|
|Minimum Deposit:||15.000 CHF|
|Cryptocurrencies:||Yes – BTC, SOL, XRM|
|Types of Assets:||Cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||Yes|
Does Bitcoin Suisse Operate as a Regulated Company?
Primarily, if we are talking about finances in Switzerland you think of FINMA. FINMA is the country’s main regulatory body. Therefore, all financial institutions must be authorized to provide such services. But also any regulated company should proudly present their license number on their website. Thus, the Bitcoin Suisse trading company doesn’t. But only because they don’t have it.
On top of all, this broker doesn’t have any other Tier 1 regulations. Such as FCA, BaFin or ASIC. This makes you wonder how did they even do business for so long. But there is a catch with cryptos. Since cryptocurrencies are decentralized, companies can get out with that story. But presenting themselves as a Swiss Bank guaranteed and trusted broker might get you to deposit more money.
A non-regulated broker with numerous negative reviews. Bitcoin Suisse company offers only crypto assets. Crypto purchasing fees are not revealed. Only payment methods are wire transfers and crypto.
The Opinions of Traders On About Bitcoin Suisse
As shown above, if traders start believing in your stories they will deposit more. But with that comes the potential risk of losing everything. Which is a standard part of trading. But some take everything from you, that’s a different story.
But from 131 reviews on Trustpilot, almost 30% are rated 1-star. Many traders complaining about the same thing raises a concern about this company. Some traders reported withdrawal issues and some unprofessional customer experiences. Instead of risking any money, you can go with a Tier 1 regulated broker or crypto exchange.
Bitcoin Suisse Platforms – A Software Comparison
Since this is a crypto exchange they don’t offer a standard trading platform. You can follow the performances of cryptos through charts indeed. But you don’t have any analyzing tools that some third-party software offers.
As many traders reported irregularities this is not a good place to start. Moreover, you can’t make some strategies that traders with other companies can.
What Financial Instruments Does The Platform Include?
As for trading options, you can only choose cryptocurrencies. is not a stable portfolio that makes pro traders successful. Simply because cryptos are still speculative.
Nevertheless, they are volatile and can make you very profitable. But until you get to that point, you are wasting money. Instead, you can try trading with a Tier 1 regulated broker and take advantage of leverage. Anyway, some of the cryptos available here are:
Bitcoin Suisse Countries Of Service
Many reviews can easily reveal a company’s targeting pattern. Bitcoin Suisse broker primarily offers services to traders from:
- United States
- United Kingdom
Without monitoring they can do anything they want. Cryptocurrencies are hardly traceable and anonymous transfers. In general, that’s why we advise anyone to share their opinion on the broker. This way you can prevent traders from giving money to the wrong guys.
Account Options Offered by Bitcoin Suisse
With Bitcoin Suisse, there are only two options available:
- Individual 15.000 CHF
- Business 150.000 CHF
None of the accounts don’t offer any specific advantages. But reality hits you once you realize that this broker requires 15.000 CHF as the minimum deposit. But with such poor credibility and many negative reviews, that’s a big red flag. Especially after realizing that many traders complained about withdrawals.
Can a Trader Use a Demo Account?
Since this is a crypto exchange you can’t have a demo account. You must deposit money first and start staking or trading your crypto.
On the other hand, Tier 1 licensed trading companies offer you a demo account. But some also have a micro account. This way you can test the waters before you risk 15.000 CHF.
Terms of Service for Bitcoin Suisse
As mentioned above, their service is not so professional. One more reason to think that is the availability of funding methods. This company only accepts wire transfers and crypto transfers. Cryptos are often a topic among traders because of their encryption. However, with a licensed broker that wouldn’t be a problem.
As for Bitcoin Suisse, they offer free-of-charge deposits. Also, those deposits take 24 hours to be visible on your account. On the contrary, nothing is disclosed about withdrawal procedures. Withdrawal processing time and charges are missing here. Which is quite questionable.
Leverage, Spreads and Fees
Since this is a crypto-exchange you don’t have leverage. Everything is calculated 1:1. Same thing values for spreads.
But fees are an important topic in buying cryptos. Some brokers will charge you insanely high fees. In the end, that is not even profitable to buy or sell. Especially if you are day trading. Important to realize is that this company is completely non-transparent about its fees.
Bitcoin Suisse Referral Partners
The goal of partnerships is to expand your business network. Very often companies often reward for bringing more clients.
Same works with Bitcoin Suisse. But also on a business level besides individual. But with so many negative reviews, this company concerns many traders nowadays.
What Should I Do If I Have Bitcoin Suisse Problem?
This company is not regulated by FINMA or any other regulator. Therefore, you can’t seek a solution there. On the other hand, cryptos are traceable with CipherTrace. If the broker is doing business legitimately, you should get a withdrawal very quickly. It’s important to realize that some crypto transfers take less than 10 minutes. But if you don’t get it you know there is a problem.
If you were the one who had a problem, let us hear your story. Also, let our professional fund recovery team analyze your situation and assist you to recover your funds. Get in touch now!
What Is Bitcoin Suisse?
This is a Swiss-based crypto-exchange that offers services worldwide but without a license for trading.
Is Bitcoin Suisse a Legit Broker?
Yes. But without regulations and still many negative reviews against them it’s not trusted.
Is Bitcoin Suisse Available in the United States or the UK?
The Bitcoin Suisse broker provides its services to clients coming from both mentioned countries.
Does Bitcoin Suisse Offer a Demo Account?
No. With this crypto exchange, traders can only open live trading accounts.