LMEX vs Mt Pelerin
It is a trade-off. Mt Pelerin has the higher Safety grade (6.1 against 4.3), while LMEX has the higher Privacy grade (2.4 against 1.9).
LMEX
Spot and derivatives exchange run by a BVI company, with KYC possible at registration
Privacy
2.4/ 10
Poor
Safety
4.3/ 10
Caution
ID on risk flag KYC 3 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
| LMEX | Mt Pelerin | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | 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, XMR, SOL | BTC, ETH, USDT, USDC |
| Pay with | Crypto, Monero | 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 | Not confirmed: the official help centre was unavailable (account suspended) during this review | 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 | British Virgin Islands | Switzerland |
| Not available in | Terms: United States, Belarus, Canada, Cuba, Eritrea, Iran, North Korea, Syria, Singapore, Taiwan, Russia and Venezuela | 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 LMEX
CustodialAccepts MoneroClosed source
Both
Requires emailMay request IDExcludes US usersLegal entity disclosedRuns an affiliate programme
Only Mt Pelerin
Requires phone number5+ years operatingAccepts cash
Where they sit among no-kyc exchanges
Questions
Is LMEX or Mt Pelerin safer?
Mt Pelerin has the higher Safety grade: LMEX 4.3, Mt Pelerin 6.1, out of 10.
Does LMEX or Mt Pelerin require KYC?
LMEX is KYC level 3 (ID on risk flag). Mt Pelerin is KYC level 3 (ID on risk flag).
Which has more incidents on record?
LMEX has 0 and Mt Pelerin has 0 documented incidents in the registry.