Vaerdex Suisse review

Värdex Suisse lists 2 coins. Bitpanda, for comparison, lists from 650. The exchange is built around its ATM network, so the practical use is buying and moving a short set of assets rather than trading a long list.

It is a Swiss company, Värdex Suisse AG, based in Switzerland and listed with VQF (Financial Services Standards Association). Accounts run on self custody, so keys sit with you rather than on the platform, and the ATM network terms set out how accounts are held and used.

Funding is by card, card. The service is a cex, so deposits move through the platform rather than a decentralised pool. No fee figure for card deposits is stated, so check the current charges before moving a large sum.

Derivatives are no. The company does not offer them, so there is no futures or leveraged product here. It began trading in 2017 and runs as a cex focused on its ATM network, which is a different model from a full trading venue.

Support runs on phone, email and help centre, which is a broad set of channels for an exchange of this size. Chat is not among them, so phone and email are the practical routes, and the help centre covers the ATM network basics.

It suits people in Switzerland who want to buy and move crypto through cash machines, hold it in self-custody and reach support by phone. It does not suit active traders, since 2 coins is a short list against from 650 at Bitpanda.

It is a cex built around an ATM network, with self custody accounts, so crypto arrives through cash machines rather than an order book. Peers such as bunq list from 350 coins, which suits people who want a long list of assets instead.

The ATM network is the product behind the exchange: 2 coins are available through it, funded by card and held in self custody accounts. That makes it closer to a cash machine network for crypto than a trading venue, and the terms of use set out how each machine handles accounts.