imho: Bitcoin not crypto and not your keys, not your coins. So hardware wallet would be best.
But if you don’t want to deal with that stuff, anything goes. I’d go with BTC split on the major exchanges (Kraken, Coinbase, further Relai and probably Swissquote if already using). I trust the ETFs less.
Please dont “buy crypto”. Its not like the stock market where you spread over different equities.
There is bitcoin and there are a lot of scammy shitcoins.
I think an the bitcoin etf of large providers are all good enough for the average user.
If not interested or feeling good using a wallet (cold or exchange platform like Binance or even simple wallet like Bitvavo for ex.) I would just go for IBIT (TER 0.25%).
Or you could also add it to your 3a strategy (Viac or FP)
Did you check it out? Is it in any way competitive to other solutions regarding fees?
Nope. Probably comparable to PostFinance.
Hi everyone,
I tried everything but I think it’s impossible to fund my Kraken account with deposit from my Neon Bank account. The beneficiary of the account to which the deposit is to be made is in the British Virgin Islands, but this is one of the countries, if not the only one, that is not available in the list of countries in the Neon app.
Do any of you have the same problem and have found a solution or an alternative?
Many thanks in advance.
I fund from neon. On CH IBAN. Just the special permanent Ref Code needed shown in Kraken.
The only must rule: name on acc neon must be same as acc in Kraken.
EDIT: SIC payment.
Hi, thanks for your answer but I still don’t get it. Here is the beneficiary infos I need to fill in Neon:
But the Kraken info are in the British Virgin Island, which is not available in the country list, can you help me:
Account name
Payward Trading Ltd.
Bank name
Bank Frick
Company address
2429, Wickhams Cay II,Tortola, VG1110, British Virgin Islands
Bank address
Landstrasse 14, 9496 Balzers, Liechtenstein
Account number
001001001
IBAN
LI67 0881 1010 4623 K002 C
How do I need to fill these info into the Neon screen to make it works? Is it okay to fill it with the bank address an not the beneficiary one?
Many thanks!
Yes, it’s ok.
Huh, they used to have London address… Now I also see BVI.
I read the whole topic again.
It seems that Binance is not used at all - is there any particular reason for that? Why Kraken is better?
For a start, try to transfer some CHF to Binance.
OK - I knew it that there is something 
If you have swissquote just buy it there.
Hello everybody!
From my side I tried to load Kraken CHF from Migros Bank (as I used to do) and seems that it is not possible any longer, I can’t remember but I I think they changed to this IBAN in Liechtestein Brink bank, but before used to be a CH*** IBAN.
The same bank details as Mustacho mentioned before here Buying crypto for Swiss residents [2023] - #112 by almi
I got as reason:
PAIEMENTS EN FAV. D'UNE PLATE-FORME MONNAIE KRYPTO A UN PAYS NON FATF NE SONT PAS POSSIBLE.
( Liechtestein seems no to be part of FATF )
Do you guys have some other banks for which a recent transfer worked?
Thanks!
PS: I also check the EUR deposits and seems to be an UK option in Kraken (but well to avoid the exchange)
Always worked with Yuh so far.
And anyway, I would avoid transferring money to crypto exchanges from your main bank account that you use for most purposes. Probably this rule is not that important anymore in 2024, but it might save you some problems.
I just did it (last night) from UBS to Kraken - all ok.
When I did it the first time from ZKB, I got a call to confirm and that I am aware of the risks. Once confirmed all future transactions went through fine.
Thanks for your answers!, I will have to check other options (also is a good point to use a different bank)
I check old transfer (2021) and the destination was always to an IBAN in Liechtestein, it used to work.
Kraken has recently changed their address to the Virgin Islands, it used to be London/UK so maybe that also triggers more red flags at Swiss banks…