{"id":8840,"date":"2024-04-24T15:50:00","date_gmt":"2024-04-24T13:50:00","guid":{"rendered":"https:\/\/www.smolio.ch\/wissen\/pillar-3a-with-cryptocurrencies-as-investments-expensive-fun-with-an-uncertain-outcome\/"},"modified":"2024-10-26T17:45:52","modified_gmt":"2024-10-26T15:45:52","slug":"pillar-3a-with-cryptocurrencies-as-investments-expensive-fun-with-an-uncertain-outcome","status":"publish","type":"post","link":"https:\/\/www.smolio.ch\/en\/wissen\/pillar-3a-with-cryptocurrencies-as-investments-expensive-fun-with-an-uncertain-outcome\/","title":{"rendered":"Pillar 3a with cryptocurrencies as investments: Expensive fun with an uncertain outcome"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Lesedauer<\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">Minuten<\/span><\/span>\n<p data-block-type=\"core\">Cryptocurrencies such as Bitcoin and Ethereum are on everyone\u2019s lips.\nMany people want to benefit from them, including 30% in pillar 3a.\nTadaa, and Pillar 3a with cryptocurrencies and Bitcoin as investments is now also possible.\nFinpension is the first provider that lets you add cryptos to your pillar 3a portfolio.\nWe\u2019ve done the research for you and put it to the test.\nAre cryptos worthwhile in pension provision?     <\/p>\n\n<!--more-->\n\n<nav class=\"wp-block-stackable-table-of-contents stk-block-table-of-contents stk-block stk-8c23b83 stk-block-background\" data-block-id=\"8c23b83\"><p class=\"stk-table-of-contents__title\">These are the topics covered in the article:<\/p><ul class=\"stk-table-of-contents__table\"><li><a href=\"#was-sagt-das-gesetz-zu-saule-3-a-mit-krypto-wahrungen-als-anlagen\">What does the law say about pillar 3a with cryptocurrencies as investments?<\/a><\/li><li><a href=\"#wer-bietet-in-der-saule-3-a-mit-kryptowahrungen-und-bitcoin-an\">Who offers pillar 3a with cryptocurrencies and Bitcoin?<\/a><\/li><li><a href=\"#in-der-saule-3-a-in-kryptowahrungen-anlegen-was-kostet-das\">Investing in cryptocurrencies in pillar 3a: what does it cost?<\/a><\/li><li><a href=\"#soll-ich-kryptowahrungen-oder-bitcoin-in-der-saule-3-a-kaufen\">Should I buy cryptocurrencies or Bitcoin in pillar 3a?<\/a><\/li><li><a href=\"#wie-muss-ich-saule-3-a-mit-kryptowahrungen-versteuern\">How do I have to pay tax on pillar 3a with cryptocurrencies?  <\/a><\/li><li><a href=\"#zusammenfassung-saule-3-a-mit-kryptowahrungen-strong-strong\">Summary of pillar 3a with cryptocurrencies<\/a><\/li><\/ul><\/nav>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-6a978da\" id=\"was-sagt-das-gesetz-zu-saule-3-a-mit-krypto-wahrungen-als-anlagen\" data-block-id=\"6a978da\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">What does the law say about pillar 3a with cryptocurrencies as investments?<\/h2><\/div>\n\n<p data-block-type=\"core\">Pillar 3a investments are subject to the BVV2 investment guidelines for 3a pension foundations. Cryptocurrencies are not specifically mentioned in the guidelines; they therefore fall under the \u201calternative investment\u201d asset class. It is therefore generally possible to offer crypto investments as alternative investments.  <\/p>\n\n<p data-block-type=\"core\">The Swiss Financial Market Supervisory Authority (FINMA) <a href=\"https:\/\/www.finma.ch\/de\/news\/2021\/09\/20210929-mm-genehmigung-schweizer-kryptofonds\/\" target=\"_blank\" rel=\"noreferrer noopener\">approved<\/a> the first Swiss crypto fund at the end of September 2021. This is the \u201cCrypto Market Index Fund\u201d, an investment fund under Swiss law of the type \u201cother funds for alternative investments\u201d with special risk. Only qualified investors (such as pension foundations) can acquire this fund, but not private investors like us.  <\/p>\n\n<p data-block-type=\"core\">FINMA only approved the fund subject to special conditions.\nFor example, it may only invest in established crypto assets with a sufficiently large trading volume.\nFurthermore, investments must be made via established counterparties and platforms that are domiciled in a member state of the <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\" target=\"\" rel=\"noopener\">Financial Action Task Force<\/a> (FATF).\nThis is intended to prevent terrorist financing and money laundering.   <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-da22d0d\" id=\"wer-bietet-in-der-saule-3-a-mit-kryptowahrungen-und-bitcoin-an\" data-block-id=\"da22d0d\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Who offers pillar 3a with cryptocurrencies and Bitcoin?<\/h2><\/div>\n\n<p data-block-type=\"core\">Since December 2021, this has been possible with <strong>finpension <\/strong>\u2018s pillar 3a and an individual investment strategy. You can invest up to 5% of your pillar 3a assets in cryptocurrencies in the Crypto Market Index Fund. This fund includes not only Bitcoin, but also Ethereum and other altcoins. As an innovator in the pension market, finpension also wants to be at the forefront of pillar 3a with cryptocurrencies. In January 2024, finpension expanded its fund offering for 3a crypto investments. You can now also invest 5% in the iShares Bitcoin ETF Trust in the individual strategy.     <\/p>\n\n<p data-block-type=\"core\"><strong>VIAC <\/strong>followed suit in March 2024 and also approved the iShares Bitcoin Trust ETF for selection in your individual strategy.\nYou can find a review in this <a href=\"\">article<\/a>. <\/p>\n\n<p data-block-type=\"core\">Plans by <strong>frankly<\/strong> bitcoin or other providers are not known \u2013 even when asked. Currently, frankly investment products do not invest in cryptocurrencies. However, according to information provided, they are constantly monitoring market developments and adjusting their product range if necessary.  <\/p>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-7f8e3d8 stk-block-background\" data-block-id=\"7f8e3d8\"><style>.stk-7f8e3d8 {background-color:#02b875 !important;}.stk-7f8e3d8:before{background-color:#02b875 !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-7f8e3d8-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-f08d2fd\" data-v=\"4\" data-block-id=\"f08d2fd\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-f08d2fd-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-f08d2fd-inner-blocks\">\n<h3 class=\"wp-block-heading has-white-color has-text-color\" id=\"h-review-wer-bietet-saule-3a-mit-kryptowahrungen-an\">Review: Who offers pillar 3a with cryptocurrencies?<\/h3>\n\n\n\n<div class=\"wp-block-stackable-posts stk-block-posts stk--has-container stk-block stk-36edb37 alignwide is-style-horizontal-2\" data-v=\"2\" data-block-id=\"36edb37\"><style>.stk-36edb37 {--stk-columns:1 !important;}.stk-36edb37 .stk-block-posts__image-link:not(:empty){width:25% !important;}.stk-36edb37 .stk-img-wrapper{height:100% !important;}@media screen and (max-width: 767px){.stk-36edb37 .stk-block-posts__image-link:not(:empty){width:100% !important;}}<\/style><div class=\"stk-inner-blocks stk-content-align stk-36edb37-column alignwide\"><div class=\"stk-block-posts__items\"><div class=\"stk-block-posts__item\"><div class=\"stk-container stk-36edb37-container stk-hover-parent\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\" class=\"stk-block-posts__image-link\"><figure class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc.webp\" class=\"attachment-full size-full wp-post-image\" alt=\"finpension bitcoin\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" title=\"\"><\/figure><\/a><article class=\"stk-container-padding\"><h3 class=\"stk-block-posts__title\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\">finpension Bitcoin: the crypto pioneer of pillar 3a<\/a><\/h3><div class=\"stk-block-posts__excerpt\"><p>With finpension Bitcoin, you have been able to invest 100% of your pillar 3a in Bitcoin since January 2024.<br \/>\nInvesting in cryptos has been possible with finpension since 2021.<br \/>\nWe check the offer.<br \/>\nDiscover everything you need to know about finpension bitcoin in the article.   <\/p>\n<\/div><a class=\"stk-block-posts__readmore\" href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\">Continue Reading<\/a><\/article><\/div><\/div><div class=\"stk-block-posts__item\"><div class=\"stk-container stk-36edb37-container stk-hover-parent\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\" class=\"stk-block-posts__image-link\"><figure class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc.webp\" class=\"attachment-full size-full wp-post-image\" alt=\"VIAC S\u00e4ule 3a Bitcoin\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" title=\"\"><\/figure><\/a><article class=\"stk-container-padding\"><h3 class=\"stk-block-posts__title\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\">VIAC Bitcoin 2024: crypto precautions?<\/a><\/h3><div class=\"stk-block-posts__excerpt\"><p>With VIAC, you can now invest in 100% Bitcoin in your pillar 3a.<br \/>\nThe high price fluctuations make many people dream of quick money.<br \/>\nDo you need Bitcoin in your pension plan?  <\/p>\n<\/div><a class=\"stk-block-posts__readmore\" href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\">Continue Reading<\/a><\/article><\/div><\/div><\/div><div class=\"stk-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-76b24d5\" id=\"wie-viel-bitcoin-und-kryptowahrungen-kann-ich-in-der-saule-3-a-investieren\" data-block-id=\"76b24d5\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">How much Bitcoin and cryptocurrencies can I invest in pillar 3a?<\/h2><\/div>\n\n<p data-block-type=\"core\">The pension foundations should handle your money responsibly.\nTheir investment regulations are therefore subject to strict rules.\nThe BVV2 (Occupational Pension Ordinance) regulates, among other things, which asset classes they may invest in.\nBitcoins and cryptos are not specifically mentioned in the guidelines.\nThese belong to the \u201calternative investment\u201d asset class.\nThe share of alternative investments in total assets is limited to a maximum of 20 % in accordance with BVV2.\nIn order to be allowed to include such products in their offering, the pension foundations need the OK from the respective foundation supervisory authority.      <\/p>\n\n<p data-block-type=\"core\">The limit of 5% portfolio weighting for VIAC or finpension is a decision made by the respective pension foundations.\nThe limit is intended to ensure diversification of your pension assets. <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-5d6693e\" id=\"in-der-saule-3-a-in-kryptowahrungen-anlegen-was-kostet-das\" data-block-id=\"5d6693e\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Investing in cryptocurrencies in pillar 3a: what does it cost?<\/h2><\/div>\n\n<p data-block-type=\"core\">There are not yet that many funds for crypto assets on the market.\nIn addition, there are still no major providers.\nAs a result, the fees for crypto funds are still quite high.\nSome products charge fees (total expense ratio) of more than 4 % per year.   <\/p>\n\n<p data-block-type=\"core\">The Crypto Market Index Fund or the iShares Bitcoin Trust are used in the pillar 3a products.\nThe fees can be found in the following table:   <\/p>\n\n<figure class=\"wp-block-table\" data-block-type=\"core\"><table><thead><tr><th>Product<\/th><th>Expense ratio (TER) p.a.<\/th><\/tr><\/thead><tbody><tr><td>Crypto Market Index Fund<\/td><td>1.6 %  <\/td><\/tr><tr><td>iShares Bitcoin Trust<\/td><td>0.25 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-4ab621a\" data-block-id=\"4ab621a\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-7713\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc.webp\" width=\"1200\" height=\"800\" alt=\"Pillar 3a with cryptocurrencies\" title=\"\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151925\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-and-a-computer-graphic-card-2023-11-27-05-12-32-utc-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/span><\/figure><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-bc2174d\" id=\"soll-ich-kryptowahrungen-oder-bitcoin-in-der-saule-3-a-kaufen\" data-block-id=\"bc2174d\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Should I buy cryptocurrencies or Bitcoin in pillar 3a?<\/h2><\/div>\n\n<p data-block-type=\"core\">This is a very personal decision. On the one hand, crypto assets can diversify an investment portfolio because they develop relatively independently in value and have a low correlation to traditional asset classes such as equities, bonds, currencies and precious metals. Accordingly, an admixture can increase the risk\/return profile of a securities portfolio and enable higher portfolio returns with increased risk.  <\/p>\n\n<p data-block-type=\"core\">Many believe that <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/blockchain-and-bitcoin-how-to-prepare-for-the-financial-market-of-tomorrow\/\">Bitcoin or other cryptocurrencies<\/a> offer diversification from other asset classes and open up great opportunities for returns. They distrust the banking system and see Bitcoin as \u201cthe new gold\u201d. This is because cryptocurrencies are independent of legal currency systems such as the dollar or euro and regulate ownership via the possession <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/blockchain-and-bitcoin-how-to-prepare-for-the-financial-market-of-tomorrow\/\">of computer-generated keys<\/a>. Proponents want to boost their pension provision a little and are prepared to accept very high price fluctuations.   <\/p>\n\n<p data-block-type=\"core\">To illustrate this: At the beginning of 2020, one Bitcoin was only worth around 7,200 US dollars; in April 2024, one Bitcoin cost more than 65,000 US dollars. Market turbulence such as the bankruptcy of the crypto exchange FTX in November 2022 further exacerbates the price fluctuations of the already volatile cryptocurrency. There are people who forgo the tax advantages of the 3a, buy Bitcoin directly instead and try to make up for the tax savings through the price gains.  <\/p>\n\n<p data-block-type=\"core\">On the other hand, it is still a very young asset class.\nThere are currently only a few applications in the real economy and there are no signs of the technology being widely used.\nOthers, such as asset manager Vanguard, believe that the changes in value are motivated by speculation and are fueled by the central banks\u2019 glut of money and have completely abandoned the idea.\nThere are therefore many who describe Bitcoin as highly speculative and do not regard speculation as a retirement provision.   <\/p>\n\n<p data-block-type=\"core\">Whether and for how long the large increases in value of recent years will continue and are suitable investments for your retirement horizon therefore remains an open question.  <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" data-block-type=\"core\">\n<p data-block-type=\"core\">In Vanguard\u2019s view, crypto is more of a speculation than an investment.\nThis is at the root of our decision not to offer crypto products, whether our own or others.\n\u2026 it\u2019s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio.  <\/p>\n<cite><a href=\"https:\/\/investor.vanguard.com\/investor-resources-education\/news\/no-bitcoin-etfs-at-vanguard-heres-why#:~:text=Jackson%3A%20In%20Vanguard&#039;s%20view%2C%20crypto,and%20many%20also%20pay%20dividends.\" target=\"_blank\" rel=\"noopener\">Janel Jackson<\/a>, Vanguard Global Head of ETF Capital Markets<\/cite><\/blockquote>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-52401e6\" id=\"wie-muss-ich-saule-3-a-mit-kryptowahrungen-versteuern\" data-block-id=\"52401e6\"><h2 class=\"stk-block-heading__text\">How do I have to pay tax on pillar 3a with cryptocurrencies?  <\/h2><\/div>\n\n<p data-block-type=\"core\">Irrespective of the question of faith in Bitcoin, on which opinions differ, there is also a hard fact that speaks against Bitcoin in pillar 3a: the tax on capital gains.<\/p>\n\n<ul class=\"wp-block-list\" data-block-type=\"core\">\n<li data-block-type=\"core\">In tied pillar 3a, you have to pay <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/capital-payment-tax\/\">capital withdrawal tax<\/a> on your assets when you withdraw them. You pay tax on the total amount you withdraw.   <\/li>\n\n\n\n<li data-block-type=\"core\">The situation is different for free assets, pillar 3b.\nHere, gains from capital appreciation are tax-free, but you pay income tax on your investment income.   <\/li>\n<\/ul>\n\n<p data-block-type=\"core\">It therefore makes sense to invest in free assets (pillar 3b) in assets with high (expected) capital gains (such as commodities, cryptocurrencies, gold) and in assets with high returns and interest in pillar 3a.\nFrom this perspective, an investment in cryptocurrencies therefore makes more sense in pillar 3b.\nThis is because if Bitcoin rises sharply (which you assume and hope will happen), you will have to pay higher taxes when paying out a pillar 3a with Bitcoin than with a direct Bitcoin investment in free assets (pillar 3b).  <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-b0bdf0d\" id=\"zusammenfassung-saule-3-a-mit-kryptowahrungen-strong-strong\" data-block-id=\"b0bdf0d\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Summary of pillar 3a with cryptocurrencies<strong><\/strong><\/h2><\/div>\n\n<p data-block-type=\"core\">In Pillar 3a with cryptocurrencies, you can participate in changes in the value of Bitcoin and the 10 largest cryptocurrencies with a portfolio share of up to 5%. As a <a href=\"https:\/\/www.morningstar.com\/portfolios\/how-much-bitcoin-is-too-much\" target=\"_blank\" rel=\"noreferrer noopener\">study<\/a> by Morningstar shows, the risk profile of an otherwise balanced portfolio increases drastically with just 5% Bitcoin exposure. The reason for this is the extreme volatility of Bitcoin. As this brings high fluctuations into your portfolio, it is understandable and sensible for customers to make a conscious decision to include it in their own strategy. This is all the more true as the fluctuations in the value of cryptocurrencies do not follow any real economic mechanisms.    <\/p>\n\n<div class=\"wp-block-ugb-container ugb-container ugb-085a318 ugb-container--v2 ugb-container--design-basic ugb-main-block\" data-block-type=\"core\" data-block-type=\"core\"><style>.ugb-085a318-wrapper.ugb-container__wrapper{border-radius:0px !important;background-color:#02b875 !important}.ugb-085a318-wrapper.ugb-container__wrapper:before{background-color:#02b875 !important}.ugb-085a318 h1,.ugb-085a318 h2,.ugb-085a318 h3,.ugb-085a318 h4,.ugb-085a318 h5,.ugb-085a318 h6{color:#ffffff}.ugb-085a318 p,.ugb-085a318 li,.ugb-085a318 label,.ugb-085a318 table{color:#ffffff}.ugb-085a318-content-wrapper > h1,.ugb-085a318-content-wrapper > h2,.ugb-085a318-content-wrapper > h3,.ugb-085a318-content-wrapper > h4,.ugb-085a318-content-wrapper > h5,.ugb-085a318-content-wrapper > h6{color:#ffffff}.ugb-085a318-content-wrapper > p,.ugb-085a318-content-wrapper > ol li,.ugb-085a318-content-wrapper > ul li{color:#ffffff}.ugb-085a318 a,.ugb-085a318 a:visited,.ugb-085a318 a:focus{color:#ffffff}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-container__wrapper ugb-085a318-wrapper\"><div class=\"ugb-container__side\"><div class=\"ugb-container__content-wrapper ugb-085a318-content-wrapper\">\n<h3 class=\"wp-block-heading\" id=\"h-jetzt-saule-3a-mit-25-franken-bonus-eroffnen\">Open pillar 3a with a 25 franc bonus now<\/h3>\n\n\n\n<p id=\"h-unser-tipp-gut-rechnen-ist-angesagtfalls-du-die-effektiven-kosten-f-rs-arbeitszimmer-abziehst-verlierst-du-den-pauschal-abzug-f-r-die-berufskosten-denn-es-geht-nur-entweder-abzug-der-effektien-kosten-oder-pauschalabzug-f-r-homeoffice-tage-kannst-du-auch-keine-fahrtkosten-abziehen-rechne-daher-gut-nach-was-dir-den-h-heren-abzug-bringt-vermutlich-f-hrst-du-in-den-meisten-f-llen-besser-mit-dem-pauschalabzug\" data-block-type=\"core\">Use the code <strong>SMLUTQ<\/strong> for your welcome bonus when opening an account. You will receive this as a fee credit if you deposit or transfer at least CHF 1,000 within 12 months. And if you choose a solution with equities, you will save for life from an equity ratio of 60% or more thanks to the very low fees.<\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-38be4a0\" data-block-id=\"38be4a0\"><style>.stk-38be4a0 .stk-button-group{flex-direction:row !important;}@media screen and (max-width: 1023px){.stk-38be4a0 .stk-button-group{flex-direction:row !important;}}@media screen and (max-width: 767px){.stk-38be4a0 .stk-button-group{flex-direction:row !important;}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button stk-block stk-1f879d2\" data-block-id=\"1f879d2\"><style>.stk-1f879d2 .stk-button{background:#192483 !important;border-top-left-radius:30px !important;border-top-right-radius:30px !important;border-bottom-right-radius:30px !important;border-bottom-left-radius:30px !important;}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"https:\/\/app.finpension.ch\/intro\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"stk-button__inner-text\">Activate finpension voucher code  <\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<div class=\"aligncenter wp-block-ugb-container ugb-container ugb-3c1c7a0 ugb-container--v2 ugb-container--design-basic ugb-main-block\" data-block-type=\"core\" data-block-type=\"core\"><style>.ugb-3c1c7a0-wrapper.ugb-container__wrapper{border-radius:0px !important}.ugb-3c1c7a0 h1,.ugb-3c1c7a0 h2,.ugb-3c1c7a0 h3,.ugb-3c1c7a0 h4,.ugb-3c1c7a0 h5,.ugb-3c1c7a0 h6{color:#000000}.ugb-3c1c7a0 p,.ugb-3c1c7a0 li,.ugb-3c1c7a0 label,.ugb-3c1c7a0 table{color:#000000}.ugb-3c1c7a0-content-wrapper > h1,.ugb-3c1c7a0-content-wrapper > h2,.ugb-3c1c7a0-content-wrapper > h3,.ugb-3c1c7a0-content-wrapper > h4,.ugb-3c1c7a0-content-wrapper > h5,.ugb-3c1c7a0-content-wrapper > h6{color:#000000}.ugb-3c1c7a0-content-wrapper > p,.ugb-3c1c7a0-content-wrapper > ol li,.ugb-3c1c7a0-content-wrapper > ul li{color:#000000}.ugb-3c1c7a0 a,.ugb-3c1c7a0 a:visited,.ugb-3c1c7a0 a:focus{color:#000000}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-container__wrapper ugb-3c1c7a0-wrapper\"><div class=\"ugb-container__side\"><div class=\"ugb-container__content-wrapper ugb-3c1c7a0-content-wrapper\">\n<h4 class=\"wp-block-heading has-black-smolio-color has-text-color has-small-font-size\" id=\"h-hinweis\">Notice <\/h4>\n\n\n\n<p class=\"has-black-smolio-color has-text-color\" id=\"h-unser-tipp-gut-rechnen-ist-angesagtfalls-du-die-effektiven-kosten-f-rs-arbeitszimmer-abziehst-verlierst-du-den-pauschal-abzug-f-r-die-berufskosten-denn-es-geht-nur-entweder-abzug-der-effektien-kosten-oder-pauschalabzug-f-r-homeoffice-tage-kannst-du-auch-keine-fahrtkosten-abziehen-rechne-daher-gut-nach-was-dir-den-h-heren-abzug-bringt-vermutlich-f-hrst-du-in-den-meisten-f-llen-besser-mit-dem-pauschalabzug\" data-block-type=\"core\">Wir sind dir dankbar, wenn du bei einer Kontoer\u00f6ffnung unseren Code nutzt. Wir erhalten dann eine kleine <a href=\"https:\/\/www.smolio.ch\/experten-netzwerk\/\" target=\"_blank\" rel=\"noreferrer noopener\">Verg\u00fctung<\/a>. F\u00fcr dich wird es dadurch nicht teurer und wir k\u00f6nnen die Kosten f\u00fcr den Betrieb der Plattform decken. Wir freuen uns auch, wenn du uns einen <a href=\"https:\/\/buymeacoffee.com\/smolio\" target=\"_blank\" rel=\"noreferrer noopener\">Kaffee spendierst<\/a> \u2615\ufe0f.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<p data-block-type=\"core\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrencies such as Bitcoin and Ethereum are on everyone&#8217;s lips.<br \/>\nMany want to profit from them.<br \/>\nPillar 3a with Bitcoin is now possible.<br \/>\nWe do the check.<br \/>\nAre cryptos worthwhile in pension provision?    <\/p>\n","protected":false},"author":8,"featured_media":5256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2374,2712,2714,2260,2442],"tags":[2494,2394,2391,2293,2262,2261,2263],"class_list":{"0":"post-8840","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alternative-investments","8":"category-finpension-reviews-en","9":"category-frankly-reviews-en","10":"category-invest-in-pillar-3a","11":"category-viac-3a-en","12":"tag-blockchain-en","13":"tag-crypto-assets-en","14":"tag-cryptocurrency-en","15":"tag-finpension-en","16":"tag-pillar-3a","17":"tag-securities-savings-pillar-3a","18":"tag-sponsored-en"},"nelio_content":{"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"efiAlt":"","efiUrl":"","followers":[],"highlights":[],"isAutoShareEnabled":false,"networkImageIds":[],"permalinkQueryArgs":[],"series":[],"suggestedReferences":[]},"featured_image_urls_v2":{"full":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc.webp",1146,800,false],"thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-315x220.webp",315,220,true],"medium":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-800x558.webp",800,558,true],"medium_large":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-768x536.webp",768,536,true],"large":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc.webp",1140,796,false],"1536x1536":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc.webp",1146,800,false],"2048x2048":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc.webp",1146,800,false],"davenport-blog-thumb":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-1140x694.webp",1140,694,true],"davenport-blog-thumb-grid":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-555x360.webp",555,360,true],"davenport-blog-thumb-widget":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-220x180.webp",220,180,true],"davenport-blog-thumb-masonry":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-360x251.webp",360,251,true],"woocommerce_thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-300x300.webp",300,300,true],"woocommerce_single":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-400x279.webp",400,279,true],"woocommerce_gallery_thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/10\/sprout-plant-and-bitcoin-growth-of-bitcoin-crypto-2021-09-03-04-17-29-utc-300x300.webp",300,300,true]},"post_excerpt_stackable_v2":"<p>Cryptocurrencies such as Bitcoin and Ethereum are on everyone&#8217;s lips.<br \/>\nMany want to profit from them.<br \/>\nPillar 3a with Bitcoin is now possible.<br \/>\nWe do the check.<br \/>\nAre cryptos worthwhile in pension provision?    <\/p>\n","category_list_v2":"<a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/alternative-investments\/\" rel=\"category tag\">Alternative investments<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/finpension-reviews-en\/\" rel=\"category tag\">finpension Reviews<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/frankly-reviews-en\/\" rel=\"category tag\">frankly reviews<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/\" rel=\"category tag\">Invest in pillar 3a<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/viac-3a-en\/\" rel=\"category tag\">VIAC 3a<\/a>","author_info_v2":{"name":"Thomas","url":"https:\/\/www.smolio.ch\/en\/wissen\/author\/thomas\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/comments?post=8840"}],"version-history":[{"count":4,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8840\/revisions"}],"predecessor-version":[{"id":9217,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8840\/revisions\/9217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media\/5256"}],"wp:attachment":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media?parent=8840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/categories?post=8840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/tags?post=8840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}