Bitcoin Well vs Mt Pelerin
Mt Pelerin has the higher grade on both axes: Safety 6.1 against 5.8, and Privacy 1.9 against 0.0.
Bitcoin Well
Canadian bitcoin-only platform and ATM network delivering to self-custody wallets
Privacy
0.0/ 10
Poor
Safety
5.8/ 10
Fair
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
| Bitcoin Well | Mt Pelerin | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | ID on risk flag |
| Custody | Non Custodial | Non Custodial |
| Sign-up | Phone number required | Phone number required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC | BTC, ETH, USDT, USDC |
| Pay with | Bank transfer, Cash, Lightning | 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 | No online tier without identity verification stated; ATM verification depends on transaction size and risk, with no threshold published in the terms | 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 | 2013 | 2018 |
| Jurisdiction | Canada | Switzerland |
| Not available in | Canadian service requires residence and physical presence in Canada; a separate US service exists | 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 Bitcoin Well
AML screening
Both
Requires emailRequires phone numberMay request IDLegal entity disclosed5+ years operatingAccepts cashRuns an affiliate programme
Only Mt Pelerin
Excludes US users
Where they sit among no-kyc exchanges
Questions
Is Bitcoin Well or Mt Pelerin safer?
Mt Pelerin has the higher Safety grade: Bitcoin Well 5.8, Mt Pelerin 6.1, out of 10.
Does Bitcoin Well or Mt Pelerin require KYC?
Bitcoin Well is KYC level 4 (ID mandatory). Mt Pelerin is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Bitcoin Well has 0 and Mt Pelerin has 0 documented incidents in the registry.