Bitcoin Well vs Coinfinity
Bitcoin Well has the higher grade on both axes: Safety 5.8 against 5.1, and Privacy 1.2 against 1.1.
Bitcoin Well
Canadian bitcoin-only platform and ATM network delivering to self-custody wallets
Privacy
1.2/ 10
Poor
Safety
5.8/ 10
Fair
ID on risk flag KYC 3 Docs reviewed Full review →
Coinfinity
Austrian MiCA-licensed Bitcoin broker; identity verification is part of registration
Privacy
1.1/ 10
Poor
Safety
5.1/ 10
Caution
ID mandatory KYC 4 Docs reviewed Full review →
Side by side
| Bitcoin Well | Coinfinity | |
|---|---|---|
| Category | On-Ramps | On-Ramps |
| KYC policy | ID on risk flag | ID mandatory |
| Custody | Non Custodial | Mixed |
| Sign-up | Phone number required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC | BTC |
| Pay with | Bank transfer, Cash, Lightning | Bank transfer, Lightning |
| Limits | ATM: up to CAD 950 without ID. Online Lite account: up to CAD 995 per transaction without ID. Above that, photo ID is required. | Not published |
| Founded | 2013 | Not published |
| Jurisdiction | Canada | Austria |
| Not available in | Canadian service requires residence and physical presence in Canada; a separate US service exists | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Bitcoin Well
Requires emailRequires phone numberAML screening5+ years operatingAccepts cash
Both
May request IDLegal entity disclosedRuns an affiliate programme
Only Coinfinity
Nothing distinct
Where they sit among on-ramps
Questions
Is Bitcoin Well or Coinfinity safer?
Bitcoin Well has the higher Safety grade: Bitcoin Well 5.8, Coinfinity 5.1, out of 10.
Does Bitcoin Well or Coinfinity require KYC?
Bitcoin Well is KYC level 3 (ID on risk flag). Coinfinity is KYC level 4 (ID mandatory).
Which has more incidents on record?
Bitcoin Well has 0 and Coinfinity has 0 documented incidents in the registry.