Starting today, Swiss fintech Mt Pelerin allows the users of its mobile app Bridge Wallet to buy and sell cryptocurrencies at the market rates, without any additional cost.
As the past months have shown, the public’s interest for Bitcoin and cryptocurrencies as a legitimate investment is growing and here to stay, a phenomenon boosted by the adoption of large corporations and financial institutions.
However, getting started remains tricky for most as the majority of available services are difficult to use and not always transparent on their actual costs, hidden fees and unfavorable exchange rates.
With its mobile app Bridge Wallet, Mt Pelerin brings a radical solution by letting its users buy and sell cryptocurrencies straight from their bank account at the actual market rates, with no other costs. With a simple and user-friendly design, Bridge Wallet allows to enjoy the market prices that you would get on a centralized trading platform, while preserving full control and ownership of your crypto.
“As its name suggests, the purpose of our app is to bridge your bank account with the crypto world in the easiest way.” says Arnaud Salomon, founder and CEO of Mt Pelerin. “With the real market prices and the self-sovereignty features of cryptocurrencies, you get the best of both worlds from your phone.”
With single or recurring bank transfers, users get crypto directly deposited on their wallets, with no other operation required. They can be converted back in 28 currencies and withdrawn on a bank account around the world. Instant card purchases and withdrawals will follow soon. Bridge Wallet also integrates multiple decentralized exchange tools like Uniswap, giving access to thousands of cryptoassets from your phone.
Free crypto-fiat transactions are available for all users up to $500 per year, with a degressive margin of 1.3% above. That limit can be raised up to $50,000 per year for holders of MPS tokens, the tokenized shares of Mt Pelerin available in P2P exchange on Bridge Wallet. “Instead of offering the typical premium plan, we give an incentive to discover the revolution of tokenized assets.”, adds Arnaud. “With an MPS token, you own an actual share of our company with full voting and dividend rights, which are exercised in Bridge Wallet. The users own the product, it’s a powerful example of financial democratization.”
- Available in 171 countries (US excluded)
- Investment currencies: CHF, EUR, GBP, USD
- Withdrawal currencies: CHF, EUR, GBP, USD, AED, ARS, AUD, CAD, CNH, CZK, DKK, HKD, HUF, ILS, JPY, KRW, MXN, NOK, NZD, PLN, RON, RUB, SAR, SEK, SGD, THB, TRY, ZAR
- Available on iOS and Android in multiple languages
