Mt Pelerin review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Mt Pelerin suits Europeans who want to hold their own keys and trade from a phone rather than a custodial account. Taker fees run 0% to 1.3%, the Bridge wallet is self custody and priced at CHF 0, and the trade-off is a short coin list against narrower support.
Key facts
- Best for
- A self-custody mobile wallet for trading, with fees of 0% to 1.3% and deposits by card, bank transfer or SEPA.
- Taker fee
- 0% to 1.3%↗
- Coins listed
- from 30↗
- Regulators
- SO-FIT (self-regulatory organisation recognised by FINMA)↗
- Fiat deposit methods
- Card, Bank, SEPA, Apple-pay↗
- Proof of reserves
- No↗
- Withdrawal fee
- Receiving is free, sending costs the on-chain network fee paid by the user, SWIFT fees charged by banks apply for transfers outside Switzerland and the SEPA zone↗
- Exchange type
- Cex↗
- Legal entity
- Mt Pelerin Group Ltd↗
- Headquarters
- Switzerland↗
- Founded
- 2018↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Self-custody
- Official website
- mtpelerin.com
Crypto wallets
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- TrustpilotLinkedInXgithub.com
Pros and cons
Pros
- Taker fees run 0% to 1.3%, and the upper end stays below bunq's 0.25% to 1.99%.
- The Bridge wallet is self custody on a mobile device and priced at CHF 0.
- Receiving is free, and fiat deposits run through card, bank and sepa.
- Trading and custody sit together: cex trading with self custody holding and seed for recovery.
Cons
- Proof of reserves is a no, so nothing published attests to the coins customers leave on the exchange.
- Support runs on email, help centre and community only, with no phone line and no live chat.
- A coin list of from 30 sits below the 71.5 median across the crypto exchange listings.
Who it suits
- Europeans who want to hold their own keys in a mobile wallet instead of leaving balances on an exchange.
- SEPA users paying in by card, bank and sepa and receiving transfers without any platform charge.
- Traders who trade often: 0% to 1.3% against a 0.25% median across the listings.
Who should look elsewhere
- bunq, whose crypto fees run 0.25% to 1.99%, if a fee floor that never starts lower suits you better than a range.
- eToro, listed at 1%, if one flat rate is easier to plan around than 0% to 1.3%.
- Vivid Plus, at 2.25%, if the account mainly holds crypto rather than trading it and the highest rate of the three is acceptable.
How Mt Pelerin compares
9.2 vs 9.5
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9.2 vs 9.2It lists a single rate of 1%, so a flat figure can be simpler than the 0% to 1.3% range.
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9.2 vs 8.4- 9.2 vs 8.0
Where Mt Pelerin is available
- Available
- Everywhere except Afghanistan, Angola, Bangladesh, Burkina Faso, Burundi, Belarus, Democratic Republic of the Congo, Central African Republic, China, Cuba, United Kingdom, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Iran, North Korea, Lebanon, Libya, Mali, Myanmar, Niger, Nicaragua, Russia, Sudan, Somalia, South Sudan, Syria, Trinidad and Tobago, United States, Venezuela, Yemen, Zimbabwe
- Licence in Switzerland
- SO-FIT (self-regulatory organisation recognised by FINMA), checked September 26, 2026
Frequently asked questions
What does Mt Pelerin charge to trade?+
Taker fees run 0% to 1.3%, so the cost depends on the pair and the size of the trade. The upper end stays below bunq's 0.25% to 1.99%, while eToro lists a single rate of 1%. The median across the exchange listings is 0.2%.
What does it cost to deposit and withdraw?+
The Bridge wallet itself is priced at CHF 0, receiving is free, and sending costs the on-chain network fee, which the user pays. Bank SWIFT charges apply to transfers outside Switzerland and the SEPA zone, so the total cost depends on the route you pick.
Who regulates Mt Pelerin?+
Mt Pelerin is a Swiss centralised exchange operated by Mt Pelerin Group Ltd, and the oversight it names is SO FIT (self regulatory organisation recognised by FINMA). That is a self-regulatory organisation rather than a banking or securities authority, so it is not the same as a retail bank licence.
Does Mt Pelerin publish proof of reserves?+
Proof of reserves is a no here, so customers who leave coins on the exchange have no published attestation of what backs those balances. The Bridge wallet is the alternative, since it is self custody and keys stay with the user.
How do I fund the account?+
Fiat deposits run through card, bank and sepa, so card, bank transfer and SEPA funding are all covered, with SEPA the natural choice inside Europe. The mobile wallet uses seed to restore access, so record the recovery details before moving funds in.
How many coins can I hold and trade?+
The exchange lists from 30 coins and the wallet supports from 30, which is a shorter list than the 71.5 median across the crypto listings. Longer lists of smaller coins are where Mt Pelerin falls short against bigger exchanges.
How do I reach support?+
Support runs on email, help centre and community only, so there is no phone line and no live chat, and account questions are handled by email, the help centre or the community. That suits self-directed traders who are comfortable managing their own keys.
What are the risks of trading here?+
Across the listings the median share of retail accounts losing money is 70.15%, with the middle of that range running from 65.75% to 74.5%. On Mt Pelerin, proof of reserves is a no, so coins left on the exchange carry price risk and custody risk at once.
Sources
- mtpelerin.com checked September 26, 2026
Backs: Coins supported
“Mt Pelerin supports 30+ cryptocurrencies across 16 blockchains”
- mtpelerin.com checked September 26, 2026
Backs: Coins listed, Exchange type, Features, Fiat deposit methods, Founded, Proof of reserves
“Mt Pelerin supports 30+ cryptocurrencies across 16 blockchains”
- mtpelerin.com/bridge-wallet checked September 26, 2026
Backs: Custody, Price, Wallet type
“Yes. Bridge Wallet is fully self-custodial: you hold your own secret phrase at all times, and Mt Pelerin never has access to or custody of your funds.”
- mtpelerin.com/legal-notices checked September 26, 2026
Backs: Headquarters, Legal entity, Regulators, Licences
“Legal name: Mt Pelerin Group Ltd - Identification number: CHE-188.552.084”
- mtpelerin.com/pricing checked September 26, 2026
Backs: Support channels, Taker fee, Withdrawal fee
“We answer all your questions, and we answer them fast! Get in touch by email or through Bridge Wallet's contact form”
- mtpelerin.com/support checked September 26, 2026
Backs: Backup options
“Back up your secret phrase properly”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Mt Pelerin
A self-custody mobile wallet for trading, with fees of 0% to 1.3% and deposits by card, bank transfer or SEPA.