24crypto

What is 24crypto

24crypto is a Swiss-registered Virtual Asset Service Provider (VASP) operated by 24crypto GmbH, incorporated in Switzerland with registry code CHE-387.521.828 and legal address at Riehentorstrasse 33, 4058 Basel. As of 2026-05-30, the platform positions itself as a compliance-first exchange targeting private and business clients who want to buy and sell Bitcoin, Ethereum, and other digital assets using fiat currencies. Unlike custody exchanges, 24crypto operates on a non-custodial model-customer funds are not held by the platform, with crypto sent directly to user-controlled wallets after payment confirmation.

How no-KYC is it?

24crypto is not a no-KYC or KYC-free service. The platform requires mandatory identity verification through an external partner before any trading functionality is activated. The onboarding flow explicitly lists three steps: create account, complete verification (KYC), then buy and sell. The FAQ states accounts are verified "to ensure compliance and to protect both our customers and our platform." Bank transfers must originate from an account in the user's name, and wallet addresses require whitelisting. This represents a direct contradiction to the older kycnot.me metadata, which incorrectly listed 24crypto as offering "strictly NO KYC exchanges for crypto swaps." The current service is fully KYC-mandatory with no anonymous or soft-KYC tier.

Privacy & security

Privacy-conscious users should look elsewhere. 24crypto collects personal details during registration, processes identity documents through an external verification partner, and links trades to verified bank accounts and wallet addresses. The platform emphasizes Swiss-grade compliance rather than anonymity. On the security front, the non-custodial design reduces custodial risk-crypto is sent directly to user wallets rather than pooled exchange wallets. The terms of service identify the legal entity transparently, and no major security breaches or data incidents were surfaced in the 2026-05-30 evidence collection. Third-party signals are mixed: Gridinsoft assigns a 72/100 trust score with "Trusted but Verify" classification, noting standard payment methods but flagging elevated caution due to cryptocurrency activity. Trustpilot shows only 9 reviews, too few for meaningful sentiment analysis.

Payments, fees & limits

24crypto supports CHF, EUR, GBP, and USD via two payment rails: bank transfer (deposits free, withdrawals 1 CHF) and PayPal (additional processing fees may apply). Trading uses volume-based all-in fees starting at 0.70% for transactions between 100-999 CHF, stepping down to 0.60% (1,000-9,999 CHF), 0.50% (10,000-49,999 CHF), and 0.40% for 50,000 CHF and above. A promotional intro offer provides 0% fees on first trades up to CHF 500. Quotes lock for 60 seconds due to market volatility, with bank transfer payments requiring settlement within 24 hours (weekends excluded). No explicit trading limits were stated beyond the volume tiers, though the KYC verification requirement implies limits are account-specific rather than universally unrestricted.

User experience & support

The platform emphasizes speed and transparency: "fast onboarding & verification," real-time pricing, and execution within "20-30 minutes depending on the network" per legacy claims. The current site structure offers English and German localizations, with dedicated FAQ, pricing, and how-it-works pages. Support channels include email (support@24crypto.ch) and a consulting service. The interface appears streamlined for straightforward buy/sell workflows rather than advanced trading features-no mention of order books, margin, or derivatives surfaced in the crawl. External search results show minimal organic community discussion; Reddit presence is negligible beyond a dormant u/24crypto account from 2022, and no active subreddit or forum engagement was found.

Who it's for

24crypto suits compliance-oriented individuals and businesses in the Swiss/European sphere who prioritize regulatory clarity, transparent pricing, and non-custodial settlement over privacy. It is explicitly not for users seeking anonymous crypto acquisition, no-KYC swapping, or Monero-specific privacy features-despite legacy tagging suggesting otherwise. Alternatives like Bisq, Hodl Hodl, or centralized no-KYC instant exchanges better serve privacy-focused traders. For those comfortable with full identity disclosure and seeking a regulated Swiss on/off ramp with competitive volume-based fees, 24crypto offers a credible though limited option.