Neon or Yuh?

[beeface]

@saveoursoul Bitcoin! Not Crypto!

Use a Crypto Exchange like Relai which is in Switzerland. u can get the fees down to 1% with affiliate links a and saving plan.

use a good International Exchange like KrakenPro (never use Kraken the fees are too high). they have a bank Account in Liechtenstein. u'll pay 0.16% for a limit order which is quite the cheapest I know.

 

[jillianforjesus]

@beeface Since a few days, Kraken Pro fees were raised to 0.26%, still very competitive but i just wanted to mention it

 

[beeface]

@jillianforjesus oh thanks. yeah They really raised it to 0.25% that sucks. but yeah still low!

seems binance is now the lowest fee tier with 0.1 but since they dont have a CHFBTC spot market it doesen't impact really for us I think.

 

[jillianforjesus]

@beeface For me Kraken Pro is the cheapest option as you can buy BTC/CHF like you say and therefore don't have currency exchange fees.

 

[simsons]

@beeface +1 for Relai, you can also automatically buy s.t. it ends up in your cold wallet, which is much safer than letting an exchange manage your private keys.

 

[love4truth]

@simsons Yeah just be aware of UTXOs

 

[rainbow316]

@saveoursoul I can recommend Bitpanda or Nexo with both I have had excelent service so far and no problems.

 

[nicolek]

@saveoursoul Yuh has a good overall banking product. For any more serious investments, I'd use interactive brokers though.

 

[sister_recovery]

@saveoursoul I have a Neon and a Yuh Account. The Yuh account is used as a shared bank account for household expenses. Neon seems to be way better in every regard. My Yuh card never works abroad (USA etc.) customer support at yuh is horrible. I can't wait for neon to implement joint accounts and I will leave Yuh for good.

Sorry I didn't answer your question regarding investing, though.

 

[toothfairy65]

@sister_recovery They will soon, just got an email about it

 

[marco28]

@saveoursoul Yuh has absolutely horrible customer service. Its difficult to get a hold of a real person, and when you do, they are quite unprofessional and trimmed to act like your buddy but not really for being helpful. Their support is also insanely backed up, I've been waiting for 3 months for a simple chargeback

 

[ifeadi]

@marco28 Just to give another perspective, I never had this issues with yuh customer service.

 

[shanec2000]

@saveoursoul I would definitely recommend neon. However it makes only sense for small investments (I would say less than CHF 500 per month). If you want to invest bigger chunks of money then Interactive Brokers or Saxo are the way to go.

 

[lightnow23]

@saveoursoul Swissquote, if it has to be Swiss.

 

[whidbyministries]

@lightnow23 Nah, it's too expensive. My preference: Interactive

 

[ktmbdm2019]

@saveoursoul I have both. Cannot withdraw crypto to cold wallet so both are no go for me for crypto. overall ok for the standard stuff. But for abroad I prefer Revolut for spending in € , £ , $ , etc. More flexible and I like the multiple virtual cards.

 

[saveoursoul]

@ktmbdm2019 Ehat do you mean with the withdrawl of crypto. A friend of mine had no problem buying/ selling bitcoin amd solana. So withdrawling should not be a problem right?

 

[kei77]

@saveoursoul You can trade them with You, but you can't tranfer/withdraw.

 

[ktmbdm2019]

@saveoursoul no problem buying & selling. Withdrawal i.e. sending coins to a cold wallet. I had SOL in Yuh and had to sell and rebuy on an exchange to be able to send to my wallet. Personally, I don’t want to leave my coins on an exchange/broker, not having the keys

 

[sirgeorge]

@saveoursoul For ETF I use swissquote