Sygnum Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Sygnum Bank is a licensed digital asset bank rather than a self-custody wallet, so it suits readers who want regulated custody, a bank transfer and a CHF 0 price. It runs on custodial custody, which keeps the keys with the provider, and covers 70 coins on a software setup.
Key facts
- Best for
- Regulated custodial holding funded by bank transfer rather than card.
- Wallet type
- Software↗
- Price
- CHF 0↗
- Custody
- Custodial↗
- Coins supported
- 70↗
- Secure element
- FIPS-140.2 Level 3 hardware↗
- Backup options
- Recovery-service↗
- Legal entity
- Sygnum Europe AG↗
- Headquarters
- Liechtenstein↗
- Founded
- 2017 to 2018↗
- Support channels
- Email, Phone, Help-centre, Community↗
- Features
- Custodial
- Official website
- sygnum.com
Crypto exchanges
- Coins listed
- from 70↗
- Regulators
- FINMA (Swiss Financial Market Supervisory Authority), FMA Liechtenstein (crypto-asset service provider / MiCA), MAS (Monetary Authority of Singapore), ADGM Financial Services Regulatory Authority (FSRA), Finanzmarktaufsicht (FMA)↗
- Fiat deposit methods
- Bank, SEPA, ACH↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
Facts checked September 26, 2026, 10 sources
Pros and cons
Pros
- The wallet price is CHF 0.
- Regulated across FINMA (Swiss Financial Market Supervisory Authority), FMA Liechtenstein (crypto asset service provider / MiCA) and MAS (Monetary Authority of Singapore).
- Keys are held on FIPS-140.2 Level 3 hardware.
- Derivatives are offered alongside plain holding on a cex exchange.
Cons
- Custody is custodial, so the provider holds the keys and holders lean on its security setup.
- Restoration runs through a recovery service, so key recovery is not a solo job.
- Fiat deposits are limited to bank, sepa and ach, so card funding is not among the routes in.
Who it suits
- Readers who want a regulated bank behind their digital assets rather than an offshore exchange.
- Holders who prefer funding by bank, sepa and ach over paying by card.
- Traders who want derivatives offered alongside custody.
Who should look elsewhere
- Trezor buyers, because a hardware wallet keeps the keys with the holder rather than with a bank.
- eToro and VaultLeap users who want a mobile wallet, since both are mobile apps.
- Anyone set on self-custody, since custodial custody means the provider holds the keys.
The company behind it
The legal entity is Sygnum Europe AG, based in Liechtenstein and founded in 2,017 to 2,018. Its Liechtenstein crypto-asset service provider licence is recorded as MiCA CASP 506700NPCDRP5LN89R92. Support runs on email, phone and help centre, so email and phone sit alongside a help centre and a community channel.
How Sygnum Bank compares
9.2 vs 9.1
9.2 vs 9.4
9.2 vs 9.4
9.2 vs 8.5
9.2 vs 9.4
9.2 vs 8.7
9.2 vs 9.2A mobile wallet, which suits readers who want an app-led account rather than the FINMA (Swiss Financial Market Supervisory Authority), FMA Liechtenstein (crypto asset service provider / MiCA) and MAS (Monetary Authority of Singapore) licensing behind this bank.
9.2 vs 8.7
9.2 vs 9.3
9.2 vs 9.0
9.2 vs 9.5
9.2 vs 9.0A hardware wallet, so it suits holders who want their own keys instead of custodial custody with a bank.
9.2 vs 8.6
9.2 vs 8.5
9.2 vs 8.3
9.2 vs 9.6
9.2 vs 9.5
9.2 vs 9.4
9.2 vs 9.4
9.2 vs 9.3
9.2 vs 9.3
9.2 vs 9.3
9.2 vs 9.3
9.2 vs 9.3
9.2 vs 9.3
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 8.9
9.2 vs 8.8
9.2 vs 8.7
9.2 vs 8.6
9.2 vs 8.5
9.2 vs 8.4- 9.2 vs 8.0
Where Sygnum Bank is available
- Available
- Everywhere except United States
- Licence in Switzerland
- Swiss Financial Market Supervisory Authority (FINMA), checked September 26, 2026
- Licence in Liechtenstein
- Financial Market Authority Liechtenstein (FMA) - MiCAR crypto-asset service provider authorisation, checked September 26, 2026
- Licence in Singapore
- Monetary Authority of Singapore (MAS) - Capital Markets Services and Major Payment Institution licences, checked September 26, 2026
- Licence in United Arab Emirates
- Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), checked September 26, 2026
- Licence in Liechtenstein
- Finanzmarktaufsicht (FMA) (MiCA CASP 506700NPCDRP5LN89R92), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Frequently asked questions
How much does it cost to hold digital assets here?+
The wallet itself carries a price of CHF 0, so there is no purchase cost for the software. Trading costs sit on top, and the venue is a cex exchange, where a typical taker fee across the wallets compared is 0.25%.
Is the money held by a regulated company?+
Yes. The company appears under FINMA (Swiss Financial Market Supervisory Authority), FMA Liechtenstein (crypto asset service provider / MiCA) and MAS (Monetary Authority of Singapore), and its Liechtenstein crypto-asset service provider registration is MiCA CASP 506700NPCDRP5LN89R92. Because custody sits with the bank, the protection comes from those licences rather than from a key backup you hold.
Can I pay in from my bank account?+
Fiat deposits run through bank, sepa and ach, so a bank transfer, SEPA or ACH payment is the route in. Card funding is not among the listed methods, which points to paying from a current account rather than a debit card.
Which coins can I hold?+
Coverage stands at 70 coins, a solid mid-range showing. The wallets compared range from 5 coins up to 30,000, so this account sits well inside the field without chasing the longest lists.
Do I hold the keys myself?+
Keys stay with the provider. Custody is custodial and the wallet is software, so the bank runs the infrastructure, and backup works through a recovery service, which means restoration is handled by the provider rather than by a seed phrase you keep.
How is the crypto actually stored?+
Storage uses FIPS-140.2 Level 3 hardware, a certified hardware module rather than plain software. That is the main technical security layer behind the account, and it sits alongside the bank licences the company holds.
How risky is holding crypto through a wallet?+
Market risk stays with the holder regardless of custody. Across the wallets compared, the retail loss rate runs to 70.15%, with a middle band of 65.75% to 74.5%, so regulation reduces counterparty risk but leaves price risk intact.
Can I trade derivatives as well as just holding?+
Yes, derivatives are offered and the venue is a cex exchange. That opens positions beyond simply holding, which suits experienced traders, and it also raises the stakes, so newcomers may prefer to start with custody alone.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“ae_homeMemberState=LI”
- sygnum.com checked September 26, 2026
Backs: Backup options, Founded
“Secure your Safe account with Sygnum's web3 wallet recovery service”
- sygnum.com/about-us checked September 26, 2026
Backs: Wallet type
“Sygnum offers clients both fiat and digital asset accounts, seamlessly integrating digital and traditional assets in one e-banking solution”
- sygnum.com/digital-asset-banking/custody checked September 26, 2026
Backs: Coins supported, Custody, Features, Secure element
“Sygnum's custody platform supports more than 70 digital assets”
- sygnum.com/digital-asset-banking/trading checked September 26, 2026
Backs: Derivatives, Exchange type
“Does Sygnum offer derivatives? Yes. Sygnum clients can access European-style OTC options and FX forwards.”
- sygnum.com/eu checked September 26, 2026
Backs: Coins listed
“>70 tokens on Sygnum banking platform”
- sygnum.com/help checked September 26, 2026
Backs: Price
“Onboarding for private individuals is free of charge”
- sygnum.com/imprint checked September 26, 2026
Backs: Support channels
“General inquiries: +41 58 508 2000”
- sygnum.com/payments checked September 26, 2026
Backs: Fiat deposit methods
“Bank payments - Domestic and international transfers through established banking networks: SEPA, SIC, SWIFT, Instant payments, (Indirect) ABA routing”
- sygnum.com/private-clients checked September 26, 2026
Backs: Regulators
Compiled from 11 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Sygnum Bank
Regulated custodial holding funded by bank transfer rather than card.