DFX vs Mt Pelerin
It is a trade-off. DFX has the higher Safety grade (6.2 against 6.1), while Mt Pelerin has the higher Privacy grade (1.9 against 0.3).
DFX
Swiss bank-transfer on/off-ramp that pays out to the customer's own wallet
Privacy
0.3/ 10
Poor
Safety
6.2/ 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
| DFX | Mt Pelerin | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | ID on risk flag |
| Custody | Non Custodial | Non Custodial |
| Sign-up | Email required | Phone number required |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, ETH | BTC, ETH, USDT, USDC |
| Pay with | Bank transfer, Crypto | Bank transfer, Card, Cash |
| Fees | Standard for private individuals by bank transfer: 1.49% buy, 1.99% sell | 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 | Limits are set per user by DFX. Terms require KYC before any use; homepage FAQ states KYC is mandatory from CHF 1,000 per transaction. The two texts conflict. | 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 | Switzerland | Switzerland |
| Not available in | Approved for sale in Switzerland only; no business with persons in FATF high-risk jurisdictions | 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 DFX
Open sourceOwn liquidityAML screening
Both
Legal entity disclosedRequires emailMay request IDRuns an affiliate programme
Only Mt Pelerin
Requires phone number5+ years operatingAccepts cashExcludes US users
Where they sit among no-kyc exchanges
Questions
Is DFX or Mt Pelerin safer?
DFX has the higher Safety grade: DFX 6.2, Mt Pelerin 6.1, out of 10.
Does DFX or Mt Pelerin require KYC?
DFX is KYC level 4 (ID mandatory). Mt Pelerin is KYC level 3 (ID on risk flag).
Which has more incidents on record?
DFX has 0 and Mt Pelerin has 0 documented incidents in the registry.