Buying bitcoin in Europe without KYC

tarxvf

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Quote from: rat03gopoh on December 03, 2022, 11:42:56 PM

Q: do they allow direct sending of bitcoins to personal wallets on purchase, considering they have their own centralized wallet?

Yes, they allow direct sending to personal wallets. I had to send a satoshi test from the bitcoin address I wanted to use to receive the purchased bitcoin, to prove I have access to the wallet. I think they support direct sending to hardware wallets. This was not tested by me.

tarxvf

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I am not an official representative of Mt Pelerin. I am just sharing my experience for anyone in Europe who are looking for such services. I tried it as a backup service. I use Coinbase for buying bitcoin, I don't mind KYC.

I think the threshold is more than adequate for the average user. There are no hidden fees when buying bitcoin, as for selling bitcoin, I think there is no KYC for a certain threshold. Of course you'll need to share your bank details or credit or debit card details.

I can post a more detailed post for buying bitcoin. I have no experience with Mt Pelerin selling bitcoins.

rat03gopoh

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Quote from: PrivacyG on December 05, 2022, 05:23:08 PM

Good to know. Welcome to Bitcoin Talk.

I don't think the OP is an official representative. Mt Pelerin has an official announcement here, unfortunately it is no longer being updated.
https://bitcointalksearch.org/topic/ann-mt-pelerin-swiss-blockchain-banking-5060093

Quote from: NeuroticFish on December 06, 2022, 03:18:19 AM

Quote from: rat03gopoh on December 03, 2022, 11:42:56 PM

Too little threshold.

200 per purchase / 1k per day / 100k per year is not too small threshold for normal people, let's be serious.

My fault, I read too fast. I think 1k CHF/year.

NeuroticFish

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Quote from: rat03gopoh on December 03, 2022, 11:42:56 PM

Too little threshold.

200 per purchase / 1k per day / 100k per year is not too small threshold for normal people, let's be serious.

Quote from: tarxvf on November 30, 2022, 07:28:22 PM

You can buy and sell with bank transfer and buy with debit or credit card, they only accept cards issued in Europe.

Is it only me, or a company can find out KYC information from the credit card used for payments, or from the bank transfer?
So imho it's not that much "non-KYC".

On the other hand, the fees are not too big, I've seen actual KYC services with bigger fees. OP, did you experience hidden fees / big spread when you've used this service?
All in all, at the first glance it's not too bad, but imho not that much non-KYC either.

PrivacyG

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Crypto Swap Exchange

Good to know. Welcome to Bitcoin Talk.

Mind mentioning what the current threshold for Know Your Customer is? Is there a cumulative limit or do they not care if you go there every day and exchange without surpassing the limit?

Do they require KYC for selling? If no, what is the limit? Is it an ATM or do you send the Bitcoin at a desk and get the cash in hand by an operator?

Please, if you can create a post detailing the process it would be very helpful for anyone currently looking to exchange Fiat to Bitcoin or the other way around without being questioned. I can help you out by sending you a Personal Message with a list of questions you can answer in detail. In fact, I think a more detailed thread can be submitted to a more visited board like Bitcoin Discussion.

-
Regards,
PrivacyG

rat03gopoh

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Your keys, your responsibility

Quote from: tarxvf on November 30, 2022, 07:28:22 PM

I could find which truly is KYC less,

Having country restrictions was an early sign that they could actually ask for user's KYC even if it didn't cross trade liimts.

Quote

up to a certain threshold.

Too little threshold. There are some p2p services that even offer more limits than that without KYC.

Q: do they allow direct sending of bitcoins to personal wallets on purchase, considering they have their own centralized wallet?

tarxvf

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Merit: 1

I am new to this forum.

I thought I would share my experience with Mt Pelerin. They are based in Switzerland. I know this question gets asked a lot, buying btc without KYC. This company was the only one I could find which truly is KYC less, up to a certain threshold.

You can buy and sell with bank transfer and buy with debit or credit card, they only accept cards issued in Europe. So far my experience has been positive and the buying process is simple. I don't have any experience with selling bitcoin.

Topic: Buying bitcoin in Europe without KYC (Read 157 times)