Crypto or cryptocurrency is a digital representation of value based on blockchain technology, which makes them difficult to steal and counterfeit. Cryptocurrencies do not have a legal status as currency or money, but they are accepted as a means of exchange similar to regular (fiat) currencies.

Bitcoin is the first cryptocurrency based on blockchain technology and is also the most well-known currency since its launch in 2009. In recent years, several other currencies have gained popularity and market share, such as Ethereum, Cardano, Tether, and Litecoin, to name a few. Read more about bitcoin here.

A crypto wallet can take various forms, such as a software program on your computer, a mobile app, an account with a bank, or a hardware wallet. The wallet helps you store your public and private keys. The keys control your assets, and only those with access to the keys can carry out transactions with the cryptocurrency.

With us, you don’t have to deal with creating a wallet or managing keys; we and Bitpanda take care of that for you. All you need is the P.F.C. app and your BankID.

If you want to buy the actual cryptocurrency, it’s good to educate yourself to understand how everything works and how to keep your coins secure. Another way is to invest in crypto through a provider. This way, you don’t have to manage keys and wallets; instead, the provider takes care of it for a small fee. P.F.C., together with Bitpanda, is one such provider that offers a service for investing in cryptocurrencies.

You can invest directly with the funds from your P.F.C. account. You only pay a fee when you buy and sell. It’s quick to get started. You can buy and sell crypto around the clock. You don’t need to create a wallet yourself and keep track of keys. All investments take place on a trading platform provided by our partner, Bitpanda.

Bitpanda is an Austrian investment platform for cryptocurrencies and other investments, regulated by the Austrian Financial Market Authority (FMA). Together with Bitpanda, P.F.C. offers a simple way to invest in cryptocurrencies within the P.F.C. app. The company was founded in 2014 in Austria and has since expanded to serve over 4 million customers. Bitpanda is considered a secure and reliable platform for buying and selling cryptocurrencies.

You pay a fee each time you buy and sell crypto in the app. The app itself is free to download, and there are no requirements to make investments. The fee is 4,5% of the amount you buy or sell. With Premium, you only pay 2,5% of the amount. The fee is automatically deducted from your P.F.C. account in connection with the transaction.

The minimum amount you can invest is 25 SEK, so it’s easy to get started and try investing.

You need to be 18 years old and registered as a resident in Sweden. You also need to have downloaded the P.F.C. app and be registered as a customer to invest in crypto with P.F.C.

It’s always a good idea to be well-informed before you start investing. If you want to learn more about Bitcoin, you can read our guide here. Also, keep in mind that crypto is a high-risk investment, so only invest money you can afford to lose.

All profits and losses need to be reported to the Swedish Tax Agency every year. Read more on the Swedish Tax Agency’s website about how to declare cryptocurrencies.