Skip to content
NoKYCScore
/
Submit a service

Bitcoin Well vs DFX

DFX has the higher grade on both axes: Safety 6.2 against 5.8, and Privacy 2.1 against 1.2.

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 →

DFX

Swiss bank-transfer on/off-ramp that pays out to the customer's own wallet

Privacy

2.1/ 10

Poor

Safety

6.2/ 10

Fair

ID on risk flag KYC 3 Docs reviewed Full review →

Side by side

Bitcoin WellDFX
Category On-Ramps On-Ramps
KYC policy ID on risk flag ID on risk flag
Custody Non Custodial Non Custodial
Sign-up Phone number required Email required
Open source No Yes
Tor onion address No No
Coins BTC BTC, ETH
Pay with Bank transfer, Cash, Lightning Bank transfer, Crypto
Fees Not published Standard for private individuals by bank transfer: 1.49% buy, 1.99% sell
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. Up to CHF 1,000 per month without an ID document (site FAQ; default limit in DFX's open-source code). Above it, KYC is required; per the docs, a transaction is returned after 7 days if KYC is not completed.
Founded 2013 Not published
Jurisdiction Canada Switzerland
Not available in Canadian service requires residence and physical presence in Canada; a separate US service exists Approved for sale in Switzerland only; no business with persons in FATF high-risk jurisdictions
Incidents on record 0 0
Published tests (180 days) 0 0

Only Bitcoin Well

Requires phone number5+ years operatingAccepts cash

Both

Requires emailMay request IDAML screeningLegal entity disclosedRuns an affiliate programme

Only DFX

Open sourceOwn liquidity

Where they sit among on-ramps

2 2 4 4 6 6 8 8 10 10 PRIVATE AND SAFE SAFE, ASKS MORE PRIVATE, LESS PROVEN PRIVACY GRADE → SAFETY GRADE → Azteco Privacy 7.3 · Safety 5.5 DFX Privacy 2.1 · Safety 6.2 Mt Pelerin Privacy 1.9 · Safety 6.1 Bitcoin Well Privacy 1.2 · Safety 5.8 Bittr Privacy 2.5 · Safety 5.7 Crypto Voucher Privacy 2.2 · Safety 4.6 Bull Bitcoin Privacy 0.9 · Safety 6.7 Bitnovo Privacy 1.5 · Safety 5.1 Coinfinity Privacy 1.1 · Safety 5.1 Relai Privacy 0.7 · Safety 5.1 Pocket Bitcoin Privacy 0.4 · Safety 4.3
Trade Spend Infrastructure Identity 11 services. Hover or tap a point.

Questions

Is Bitcoin Well or DFX safer?

DFX has the higher Safety grade: Bitcoin Well 5.8, DFX 6.2, out of 10.

Does Bitcoin Well or DFX require KYC?

Bitcoin Well is KYC level 3 (ID on risk flag). DFX is KYC level 3 (ID on risk flag).

Which has more incidents on record?

Bitcoin Well has 0 and DFX has 0 documented incidents in the registry.

More comparisons