Bitcoin Suisse
Zug crypto specialist with segregated vault accounts and on-chain proof that it controls the client's keys
Quick Overview
| Company | Bitcoin Suisse AG |
|---|---|
| Category | Crypto Custody Providers |
| Headquarters | Zug, Switzerland |
| Founded | 2013 |
| EU Presence | Yes - Switzerland |
| Data Location | Switzerland (keys stay in Switzerland per vendor) |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Crypto Account, Vault Account with multisig, Proof Wallet, FIX and REST APIs, staking on 10 blockchains, governance voting, message signing |
| Pricing | Fee based on assets under custody; rates on request |
| Best For | Foundations and firms that want verifiable segregation on identifiable addresses |
| Replaces | BitGo, Coinbase Custody |
Detailed Review
Bitcoin Suisse AG has its office at Theilerstrasse 1a in Zug (UID CHE-472.481.853) and says it has been fully committed to crypto since 2013. Custody is built on what the company calls the Bitcoin Suisse Vault, and the site states that keys never leave Switzerland.
Three account types cover different needs, from fast convenient access to maximum client sovereignty and on-chain verifiability.
Three account types
The Crypto Account is the default and offers self-service access, FIX and REST APIs, more than 40 blockchain protocols and staking on ten major chains. The Vault Account puts assets on personal, segregated addresses where only the client can start transactions, with multi-signature rules.
The Proof Wallet adds individual addresses per client and message signing for Bitcoin, Ethereum and Cardano, so anyone can check signatures that show Bitcoin Suisse controls the keys.
Segregation claims
Over 95 percent of assets in the Crypto Account are said to be separate from the balance sheet, bankruptcy remote and on segregated addresses. Assets temporarily in pooled storage for operations are covered one to one by a bank guarantee from a Swiss bank.
Independent checks
The custody page lists an ISAE 3402 Type 2 audit by PwC, penetration testing by Compass Security and a source code audit by Zuehlke.
Limitations to Consider
Fees are described as transparent and based on assets under custody, yet the pages checked show no rate table. The Vault Account covers fewer protocols (over 25) than the Crypto Account (over 40). The company sells directly to clients rather than as white-label software, so it does not suit a bank that wants to run its own custody stack. No regulator licence was read on the pages fetched.
Who Should Use Bitcoin Suisse
Crypto foundations, funds and corporates that want a Swiss specialist holding assets on addresses they can verify on-chain, with relationship-manager support.
Pros and Cons
Pros
- Vault and Proof Wallet with on-chain ownership proof
- Over 95 percent of Crypto Account assets off balance sheet
- PwC ISAE 3402 Type 2, pen test and source audit
- Staking on ten blockchains
- FIX and REST APIs
Cons
- No published fee rates
- Not a white-label platform
- Vault Account supports fewer protocols
- Licence details not read on pages checked
Alternatives to Bitcoin Suisse
Other European crypto custody providers worth comparing before you decide:
DFNS
France · Wallet-as-a-service on MPC, SaaS or fully on-premises
Tangany
Germany · BaFin-licensed wallet-as-a-service custody for platforms
Boerse Stuttgart Digital Custody
Germany · Fiduciary crypto custody from a German exchange group
Taurus
Switzerland · Custody software for banks, with keys held by the client
See all European crypto custody providers or compare them directly against BitGo on our alternatives page.
Frequently Asked Questions
The custody page says client keys never leave Switzerland.
It is a custody account with a dedicated blockchain address per client and message signing for Bitcoin, Ethereum and Cardano, which lets anyone verify that Bitcoin Suisse controls the private keys of those addresses.
The site says the Crypto Account fee is transparent and based on crypto assets under custody, and that network fees are covered by Bitcoin Suisse. No rate table was visible.