Manage your crypto-portfolio online
Store and transfer funds offline
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Borrow fiat against crypto or vice-versa
Earn rewards on your stored cryptocurrency
The Swiss Franc on the blockchain
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Bitcoin Suisse makes it easy, and safe to accept cryptocurrencies.
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Bitcoin Suisse has been pioneering crypto-financial services since 2013 and played a crucial role in the development of the crypto valley and the overall Swiss blockchain ecosystem. The services provided to the global institutional and private client base include Brokerage and Trading, Storage Solutions, Collateralized Lending, Crypto Financial Solutions and other related services such as Staking and Baking.
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Bitcoin Suisse AG Increases Default Bank Guarantee for Its Depositors to USD 55 Million
Bitcoin Suisse has increased its bank guarantee for depositors from USD 45m to USD 55m. As per article 5 section 3 lit. f Banking Ordinance, holding public deposits for clients without a banking license is subject to an equal or greater size Swiss bank guarantee, securing such deposits in case of a default.
Bitcoin Suisse, which is under application for a Swiss banking license as well as a Swiss securities dealer license, has thus deposited funds at Swiss bank(s) return for an equal size bank guarantee, covering clients holding public deposits at Bitcoin Suisse as the beneficiaries.
Due to an increased balance sheet in recent months, Bitcoin Suisse has as of 5th August, increased its bank guarantee with USD 10m, from USD 45m to USD 55m, 100% securing all fiat and pooled crypto public deposits of its clients.
The CEO of Bitcoin Suisse, Dr. Arthur Vayloyan, states: “Swiss banking law demands that companies holding deposits for clients have a banking license – or a default bank guarantee, covering all public deposits of its clients. At Bitcoin Suisse, we have taken the necessary proactive step of increasing our bank guarantee to be prepared for meeting a projected increase in the demand for our services and thus an ever-growing balance sheet.”
The increase in the size of the bank guarantee is effective immediately and is with some margin the largest such bank guarantee for any Swiss crypto asset broker and digital asset trading platform.
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