Proximity switch for detecting a measuring object in a detection range and for determining a speed value of the measuring object, comprising: - an oscillating circuit with at least one resonant circuit inductance and at least one resonant circuit capacitance (C1, C2), wherein the at least one resonant circuit inductance is designed to interact with a measuring object such that the resonance impedance of the oscillating circuit changes as a function of a distance of the measuring object from the oscillating circuit; - an oscillation amplifier which forms an oscillator with the oscillating circuit; - an oscillation measuring unit for determining an oscillation measure; - a switching signal unit configured to generate a first switching signal when a first switching threshold (USP1, SW1) is exceeded or undercut, and a second switching signal when a second switching threshold different from the first switching threshold is exceeded or undercut (USP2, SW2), wherein the switching thresholds (USP1, SW1, USP2, SW2) correspond to different voltage levels which are defined as specific distances of the measuring object from the resonant circuit inductance, wherein the difference between the distances determined by the switching thresholds (USP1, SW1, USP2, SW2) is known; - a timer designed to be started by the first switching signal and stopped by the second switching signal and to provide a time indication for the time interval between the first and second switching signals (S1, S2); - a speed calculation unit designed to provide a speed indication depending on the time indication, wherein the quotient of the difference between the measured time indication and the speed indication corresponds to the speed. - an oscillating circuit with at least one resonant circuit inductance and at least one resonant circuit capacitance (C1, C2), wherein the at least one resonant circuit inductance is designed to interact with a measuring object such that the resonance impedance of the oscillating circuit changes as a function of a distance of the measuring object from the oscillating circuit; - an oscillation amplifier which forms an oscillator with the oscillating circuit; - an oscillation measuring unit for determining an oscillation measure; - a switching signal unit configured to generate a first switching signal when a first switching threshold (USP1, SW1) is exceeded or undercut, and a second switching signal when a second switching threshold different from the first switching threshold is exceeded or undercut (USP2, SW2), wherein the switching thresholds (USP1, SW1, USP2, SW2) correspond to different voltage levels which are defined as specific distances of the measuring object from the resonant circuit inductance, wherein the difference between the distances determined by the switching thresholds (USP1, SW1, USP2, SW2) is known; - a timer designed to be started by the first switching signal and stopped by the second switching signal and to provide a time indication for the time interval between the first and second switching signals (S1, S2); - a speed calculation unit designed to provide a speed indication depending on the time indication, wherein the quotient of the difference between the measured time indication and the speed indication corresponds to the speed.