BingX vs Mt Pelerin
Mt Pelerin has the higher grade on both axes: Safety 6.1 against 3.5, and Privacy 1.9 against 0.0.
BingX
Centralised spot and derivatives exchange; unverified accounts can only withdraw
Privacy
0.0/ 10
Poor
Safety
3.5/ 10
Poor
ID mandatory KYC 4 Docs reviewed Full review →
Mt Pelerin
Swiss on/off-ramp with a CHF 999 per month tier that needs no ID document
Privacy
1.9/ 10
Poor
Safety
6.1/ 10
Fair
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| BingX | Mt Pelerin | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | ID on risk flag |
| Custody | Custodial | Non Custodial |
| Sign-up | Email required | Phone number required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, SOL, XRP | BTC, ETH, USDT, USDC |
| Pay with | Crypto, Card, Bank transfer | Bank transfer, Card, Cash |
| Fees | Not published | Bank transfer 0% to 1.3% and card 2.5% to 3.8% depending on annual volume; first CHF 500 per year free of exchange fees |
| Limits | Unverified: no deposits or trading, withdrawals up to 20,000 USDT per 24h. Advanced KYC: unlimited deposits, withdrawals up to 5,000,000 USDT per 24h (as stated in the help centre; may vary by region). | Without verification: up to CHF 999 per month by bank transfer, with email and phone number. Verified: no maximum; widget orders up to CHF 100,000. |
| Founded | Not published | 2018 |
| Jurisdiction | Not published | Switzerland |
| Not available in | Disclaimer lists, among others: Afghanistan, Burundi, Cambodia, Canada, Central African Republic, Mainland China, Cuba, DR Congo, Hong Kong, Iran, Laos, Macau, Myanmar, Netherlands, North Korea, Panama, Singapore, Somalia, United Kingdom, United States, and the Crimea, Donetsk and Luhansk regions | US persons and residents of a published list of high-risk countries are not accepted; not offered to residents of the EU or UK |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only BingX
CustodialClosed sourceAML screening
Both
Requires emailMay request IDExcludes US usersRuns an affiliate programme
Only Mt Pelerin
Requires phone numberLegal entity disclosed5+ years operatingAccepts cash
Where they sit among no-kyc exchanges
Questions
Is BingX or Mt Pelerin safer?
Mt Pelerin has the higher Safety grade: BingX 3.5, Mt Pelerin 6.1, out of 10.
Does BingX or Mt Pelerin require KYC?
BingX is KYC level 4 (ID mandatory). Mt Pelerin is KYC level 3 (ID on risk flag).
Which has more incidents on record?
BingX has 0 and Mt Pelerin has 0 documented incidents in the registry.