Log in
Register

Buy USD Coin
in Switzerland

Trusted by USD Coin buyers, you can buy and trade USD Coin in Switzerland and 100+ countries on Blocktrade without any fees easily. 

Get Started
Buy USDC
Switzerland

WHY BLOCKTRADE

Your entry to the world of crypto

Buy USD Coin with Zero Fees

Buy and trade
USD Coin in Switzerland
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in Switzerland. Number increasing as we’re adding new coins and tokens regularly.

Regulated
in the EU

Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

Learn More about buying USDC in Switzerland

How to buy USD Coin in Switzerland

Is USDC a good investment in Switzerland?

The USD coin was released in September 2018 as a bridge between dollars and trading on cryptocurrency exchanges. It means USD Coin is equal to USD but in the cryptocurrency world. Therefore, its price is always equal to $1. However, there were sometimes during its history when the price changed a bit, but that wasn’t that much to consider. Anyhow, the USDC price has never been more than $1, and less than $0.99. That shows how stable this coin has been through all these years.
Since the USDC price never changes, you might wonder if it is a good investment. To answer this question, we need to explain how stablecoins are used and invested. They are not considered an investment to get profit, but investors usually buy stablecoins to avoid the volatility of the cryptocurrency market. If the market seems so volatile, traders and investors swap their coins with USDC and keep it stable until they pass the bad days of this market. That’s how they can keep their assets safe from losing their value.

Click Here

What is USD Coin ?

Circle is a financial technology company that created USD Coin with the collaboration of Coinbase. Their main goal was to help people gain more money on the internet and be able to exchange their coins more easily. The USD coin is considered a dollar in people’s digital wallets.

Learn more on USDC official website.

Click Here

Is USD Coin legal to buy in Switzerland?

Switzerland is one of the most well-known banking and financial centers in the world. The country is progressive on the development of cryptocurrencies. In January 2018, Swiss Economy Minister Johann Schneider Ammann stated that he sought to make Switzerland a “crypto nation”. According to the Swiss Financial Market Supervisory Authority (FINMA) and the Switzerland Federal Tax Administration (SFTA), cryptocurrencies and virtual currencies are legal and classified as assets or property.  

Click Here

Is USD Coin taxed in Switzerland

Yes. According to the established tax legislation defined by The Swiss Federal Tax Service (SFTA), cryptocurrencies are assets. This means that they are subject to Swiss wealth, income and capital gains taxes and must be declared in annual tax returns. The mentioned tax legislation treats crypto assets similar to stocks, bonds and real estate in Switzerland. According to the mentioned document above, if you are a private crypto investor, your crypto profits will be completely exempt from Capital Gains Tax. This is as long as you fulfill these five criteria:

  1.     transaction volumes should not exceed five times the original capital
  2.     holding period of crypto assets should be six months or more
  3.     capital gains should be less than 50% of overall taxable income
  4.     minimal usage of third-party financing (buy assets with your money)
  5.     derivatives only used as a hedging tool

Note that as stated by the tax legislation document, if you violate two or more criteria, chances are that you may not be considered a private investor but a self-employed trader instead. If you are not sure that you will be considered a private investor or a self-employed trader, we recommend consulting a tax professional in Switzerland or the SFTA directly.

According to the tax legislation document, private investors don’t have to pay tax on their trading profits, but you might still need to pay Income Tax on cryptocurrency. Having your salary from a job being paid in a cryptocurrency, getting paid in crypto in exchange for services if you are a freelancer, or receiving crypto from activities such as mining will be considered income by the FTA.

Click Here

After you've bought USD Coin in Switzerland

USD Coins can be used to pay for goods or services. It is also tradable on most exchanges. Thus, you can trade your USDC to any other cryptocurrency whenever you want. USDC owners can always exchange it with the dollar and receive cash equal to the number of coins they have. For example, if you have 100 USD coins in your wallet, you can turn them into $100 cash. Furthermore, USDC offers investors safety during times of instability or downturn in the crypto market. Therefore, it is the best option for investors to keep their digital assets stable for a while. Since the price of USDC is always stable, they won’t lose much money. However, you should still read more about it to know if it is the best time to trade your current assets with USDC or buy this coin.

Click Here

Who can buy USD Coin in Switzerland?

All citizens of Switzerland can convert, buy, and sell cryptocurrencies with fiat. Cryptocurrencies are accepted as legal tender in certain cities. Many traditional banks in Switzerland are partnering with digital asset banks to allow their customers to purchase crypto assets. These Swiss banks accept cryptocurrency and enable individuals and businesses to convert it into fiat. A more efficient and quick way to buy crypto in Switzerland would be through crypto exchanges. Our service authorizes fast and secure transactions through different means such as Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal.

Click Here

Buy USD Coin at your ease

Payment methods to buy USD Coin in Switzerland

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

GET STARTED

Just 3 easy steps to your first investment in USD Coin

Sign up and verify
your account

Make your first
deposit

Start your
investment journey

MANAGE YOUR PORTFOLIO

Buy Other Cryptocurrencies in Switzerland

Buy TRON
Buy Tron (TRX) in Switzerland
Buy Holo (HOT) in Switzerland
Buy GALA in Switzerland
Buy Fantom
Buy Fantom (FTM) in Switzerland
Buy ETC
Buy Ethereum Classic (ETC) in Switzerland
Buy Enjin coin (ENJ) in Switzerland
Buy Compound (COMP) in Switzerland
Bitcoin
Buy Bitcoin (BTC) in Switzerland
Buy BNB
Buy Binance coin (BNB) in Switzerland
Loading More...

FAQ

Frequently asked questions

Most exchanges support USDC as a trusted and available coin. Find a suitable exchange to trade or buy this coin. However, some exchanges may ask you to pay additional money as the processing fee. But if you buy USDC in the BlockTrade exchange, you don’t have to pay that fee. That’s why Blocktrade is considered one of the cheapest and the most secure exchanges to buy crypto.

According to the deadline settlement document of Swiss Federal Tax Service (SFTA), the tax year in Switzerland runs from January 1 to December 31 each year. Crypto holders are taxed depending on the rates published by the FTA by the end of the fiscal year (31 December). Your crypto taxes should be reported in your annual tax return where you also report ordinary income from employment. 

According to the tax legislation by SFTA, income from cryptocurrency mining and staking is declared as taxable income for tax purposes. Mining considerations can qualify either as employment income or as income from self-employment.

USD Coin will be available as long as the cryptocurrency world is still alive. Furthermore, since its price is stable and equal to the dollar, it would still be in use in the future.

There are two factors that affect the cost of cryptocurrency purchase. The price of the cryptocurrency itself and the exchange commission. Our exchange is practically one of the cheapest means to buy crypto since it does not charge any exchange fee. 

The truth is that USD Coin is not as profitable as other cryptocurrencies. The main advantage it has is the stable price. Therefore, you can use this coin to stabilize your digital assets for a while or be able to exchange coins more efficiently.

Trusted crypto platform in Switzerland!

Get Started
Company
Countries
Support
Buy
Services
Learn
Legal

BlocktradeOperations OÜ has its registered address at Tartu mnt 10, Tallinn, 10145 and is governed by Estonian law. 2023. All rights reserved.

Community
Community
Get the App
Partner
Get the App
Partner

BlocktradeOperations OÜ has its registered address at Tartu mnt 10, Tallinn, 10145 and is governed by Estonian law. 2023. All rights reserved.

Log in
Register
The choice is yours! 🍪

We’re using cookies to ensure you have the best experience on our website. Is this okay for you?

We’re using cookies to ensure you have the best experience on our website. Is this okay for you?​ Cookie Policies

Cookie Policies
Accept