Mt Pelerin vs NestEx
It is a trade-off. Mt Pelerin has the higher Safety grade (6.1 against 3.8), while NestEx has the higher Privacy grade (3.0 against 1.9).
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 →
NestEx
Small custodial altcoin exchange that states it never requests KYC
Privacy
3.0/ 10
Poor
Safety
3.8/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Mt Pelerin | NestEx | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID on risk flag |
| Custody | Non Custodial | Custodial |
| Sign-up | Phone number required | Email optional |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, USDC | BTC, ETH, USDT |
| Pay with | Bank transfer, Card, Cash | Crypto |
| Fees | 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 | Fees are listed in-platform; a 'dump fee' on sell orders starts at 0.1% and rises to as much as 10% while an asset is falling sharply |
| Limits | 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. | Accounts holding under $1,000: withdrawals processed at 10:00 UTC, up to 5 auto-approved per day. Earn deposits capped at 15,000 USDT per account. |
| Founded | 2018 | Not published |
| Jurisdiction | Switzerland | Not published |
| Not available in | US persons and residents of a published list of high-risk countries are not accepted; not offered to residents of the EU or UK | China and its SARs, United States, European Union, United Kingdom, Singapore, Korea, Japan, Middle East, Iran and other high-risk regions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Mt Pelerin
Requires emailRequires phone numberMay request IDLegal entity disclosed5+ years operatingAccepts cashRuns an affiliate programme
Both
Excludes US users
Only NestEx
CustodialNo email neededNo phone neededAML screeningAnonymous operator
Where they sit among no-kyc exchanges
Questions
Is Mt Pelerin or NestEx safer?
Mt Pelerin has the higher Safety grade: Mt Pelerin 6.1, NestEx 3.8, out of 10.
Does Mt Pelerin or NestEx require KYC?
Mt Pelerin is KYC level 3 (ID on risk flag). NestEx is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Mt Pelerin has 0 and NestEx has 0 documented incidents in the registry.