Mt Pelerin vs Simplex

How Mt Pelerin vs Simplex compare on our ratings, on-ramp specs, funding, pros and cons.

VS
Simplex3.7/5
Feature
Ratings
Our score4.0/53.7/5
User ratingNo reviews yetNo reviews yet
Fees4.02.5
Coverage4.04.5
Payment methods4.04.5
Ease of use4.03.5
Support4.03.5
Specs
ServiceOn-ramp, Off-ramp, Widget / APIOn-ramp, Off-ramp, Widget / API
Payment methodsCard, Bank transfer, SEPACard, Bank transfer, Apple Pay, Google Pay, SEPA, ACH, PIX
Typical feeBank transfer: 0% to 1.3%; card: 2.5% to 3.8%3.5% to 5% of the transaction value, with a minimum fee of US$10 for card purchases; network fees and partner spreads may also apply.
CountriesNot disclosed190
Assets30200
Developer widget / API Yes Yes
KYC required NoNot disclosed
Sell to fiat (off-ramp) Yes Yes
Apple PayNot disclosed Yes
Delivery timeNot disclosedInstant fiat-to-crypto conversion
Company
Founded20182014
HeadquartersSwitzerlandIsrael
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Bank-transfer fees start at 0%
  • Supports 30+ cryptocurrencies across 16 chains
  • Self-custodial delivery to external wallets
  • Cash-out reaches bank accounts in 18 fiat currencies
  • Supports 200+ cryptocurrencies and 100+ fiat currencies
  • Offers cards, bank transfers and local payment methods
  • Reaches 245+ global markets through partner platforms
  • Provides widget and API integrations for businesses
Cons
  • Card purchases cost 2.5% to 3.8%
  • Crypto services exclude UK and EU residents
  • Self-custody leaves transaction errors with the user
  • Verified users must complete identity checks for higher limits
  • Card processing costs 3.5% to 5%, with a US$10 minimum
  • Network fees and partner spreads can increase total purchase costs
  • Asset and payment availability varies by location and partner
  • Transactions depend on banking partners and card-network approval
Best forSwiss bank-transfer users, Self-custodial crypto buyers, Multi-chain cash-out usersExchange and wallet integrations, Card-based crypto purchases, Businesses needing chargeback protection

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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