Spot crypto is legal in Switzerland and the service side around it is licensed: FINMA publishes a standing list of the crypto services it supervises - custody, DLT payment systems, staking, stablecoins, crypto funds and ETPs, DLT securities trading - and treats each as a supervisory-law question. Accepting client crypto is a licensable activity: FINMA authorisation is required once the number of clients whose deposits or crypto-based assets you accept passes twenty, and operating a venue for DLT securities trading needs a DLT trading facility licence.
Holding, buying and selling crypto as a private individual is unrestricted, and the Federal Tax Administration confirms the point from the other side by taxing crypto holdings as ordinary movable assets. What leveraged crypto derivatives a Swiss retail client may be offered is a separate question.
A perpetual on GRAM tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
10 venues open Gram perps to traders in Switzerland.
ApeX
Aster
gTrade
Helix
Hyperliquid
Lighter
Paradex
ReyaFour steps from sign-up to an open position.
No capital gains tax for a private investor: the FTA treats buying and selling payment tokens like transactions in conventional currencies, so gains in private assets are in principle tax-free and losses non-deductible. Two things are taxed instead.
Trading GRAM from Switzerland: legal.
Regulator for Gram trading in Switzerland: Eidgenössische Finanzmarktaufsicht FINMA (Swiss Financial Market Supervisory Authority).
Remote identity verification is the norm and is expressly regulated: FINMA lists digital client onboarding among the crypto-adjacent services it supervises and points to Circular 2016/7 on video and online identification, updated in 2021, as the governing text.
From Switzerland, you can fund a Gram position using Bank transfer (SIC/SEPA), TWINT and Credit/debit card.
Canborsa charges 0.07% per side (0.14% round trip) on Gram.