Cash out sats directly from your Lightning wallet and withdraw funds in 18 fiat currencies on your bank account in 164 countries. Zero exchange fee on your first CHF 500.
Regulated in Switzerland🔸150k+ users🔸$1b+ volume processed
Cashing out sats with us is fast and simple, with just the few steps described below you will be able to sell your sats and receive funds directly on your bank account!
Go to our cash out widget above, choose sat and in which fiat you want to receive the funds, then enter the desired amount.
To sell Lightning sats by bank transfer, the only required information is an email and a phone number!
Provide the coordinates of your bank account where you would like to receive your converted funds.
Follow the instructions to send the right amount of sats to our wallet address. We will wire your converted funds to your bank shortly after we receive your transfer.
For more detailed instructions, read our step-by-step tutorial to sell cryptocurrencies here:
How to sell cryptoAll the good reasons to cash out your sats with us:
🔑 Self-custodial
Sell sats directly from any Lightning wallet that you control, or use our self-custodial mobile app.
👍 Fast & easy
Get started selling sats right away, without having to wait for a verification.
💸 Zero to low fees
Get the real Bitcoin market price with zero hidden costs minus a small, transparent service fee.
🥇 First class support
Our friendly team is fast and reactive to answer all your questions in six languages.
🔎 Privacy friendly
We process and secure your data ourselves, we don't use third party services for your sensitive info.
📜 Regulated
We are regulated and audited as an authorized Swiss financial intermediary since 2019.
Your own Lightning IBAN
Get a free personal IBAN for your wallet. Use it to cash out with transfers sent with your own name, or to send bank transfers to others using your sats, for example to pay your bills or make purchases!
About the IBANSell Lightning sats with zero fees
Your first CHF 500 worth of conversions with us are free of exchange fees each year! Become one of our shareholders to raise than number up to CHF 50,000 per year, and enjoy discounted fees.
Our pricingLightning VIP
Looking to cash out large amounts of Lightning sats? We are experts in executing important operations efficiently for private or corporate clients.
Our OTC serviceSell Lightning sats from any wallet
We are a self-custodial service, which means we never hold your funds and always receive your sats directly from an address you provide, whether from a hardware or mobile wallet. Here are some of the main wallets that you can use with our service to cash out sats:
Wallet of Satoshi
Mobile
Phoenix
Mobile
Breez
Mobile
BlueWallet
Mobile
Muun
Mobile
Speed
Mobile
Zeus
Mobile
Alby
Mobile · Browser
Your keys, your sats!
18
fiat currencies
6
languages
164
countries
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Find below all the most common questions we get about cashing out sats with our service.
When selling Lightning sats with Mt Pelerin, you send the desired amount of sats from your own Lightning wallet to Mt Pelerin's Lightning address. Once the sats transfer has been received and confirmed, the funds are converted into the chosen fiat currency, then sent to your destination bank account by bank transfer, which is not instant: it can take from several hours up to several business days depending on the country of destination.
Yes, with Mt Pelerin you can cash out up to CHF 500 worth of Lightning sats each year (or CHF 1,000 if you have been referred by another user) with zero exchange fees.
Yes, with Mt Pelerin you can sell sats and receive CHF on your Swiss bank account via local Swiss bank transfer (SIC), which is free and usually arrives within the same business day.
Lightning sats cash outs in CHF to a Swiss bank account are sent from Monday to Friday, and usually take from a few hours up to a business day to be credited on your account.
Yes, with Mt Pelerin you can sell sats and receive EUR on your bank account in the SEPA zone via a SEPA transfer. The transfer itself is free and arrives within one business day in most cases.
Standard SEPA bank transfers usually take between a couple of hours to two business days to arrive on your destination bank account.
Yes, you can sell sats with Mt Pelerin and receive funds in 18 different fiat currencies on your bank account via an international bank transfer over the SWIFT network. SWIFT transfers can take from one to multiple business days to arrive at destination, depending on the country of origin. SWIFT transfers are not free, intermediary banks can charge anywhere from a few dollars to several dozen dollars in SWIFT fees, depending on the transfer route.
SWIFT transfers can take from one to multiple business days to arrive at destination, depending on the country of destination.
Yes, Mt Pelerin is regulated in Switzerland since 2019 as a financial intermediary, which is the authorization to provide brokerage and financial services in the country. Mt Pelerin is affiliated to SO-FIT, a self-regulatory organization (SRO) under the Swiss Anti-Money Laundering Act, officially recognized and supervised by FINMA, the Swiss financial market supervisory authority. SO-FIT audits each year the compliance of Mt Pelerin's activities.
If you have a personal IBAN with us, there is no minimum amount to convert sats into fiat and send it to a bank account. Otherwise, there is a minimum amount of CHF 50 (or equivalent).
Without being verified, you can cash out up to CHF 999 worth of sats per month. If you are verified, that limit is lifted and there will be no maximum amount of sats that you can sell with us. For larger amounts, we might simply ask you some extra information about the origin of your funds. For transactions worth CHF 100,000 or more, please use our OTC service.
With Mt Pelerin you can sell sats and withdraw funds in 18 fiat currencies: AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, USD, ZAR.
Yes, bank transfers go through the banking system, which has strong consumer protections, fraud monitoring, and traceability features, so cashing out sats with a bank transfer is safe as long as you use a reputable, regulated service.
Yes, Mt Pelerin can accept users worldwide, with the exception of US persons and residents in the following countries: Afghanistan, Angola, Bangladesh, Belarus, Burkina Faso, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Haiti, Indonesia, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, Niger, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Trinidad and Tobago, the United States, Venezuela, Yemen, Zimbabwe.
Once Mt Pelerin receive your sats transfer, the converted fiat proceeds are typically wired out the same business day. CHF SIC transfers within Switzerland usually arrive the same business day. Euro SEPA transfers typically arrive within one business day. SWIFT international transfers can take one to several business days depending on the destination country and correspondent banks involved.
Yes. For large cash outs of 6 figures or more, Mt Pelerin offers a dedicated OTC brokerage service with personalised support, competitive pricing, full compliance assistance including fund origin documentation, and the ability to wire proceeds to any of 500+ banks in 70+ countries. Mt Pelerin has processed over $1 billion in volume. Contact the OTC team at mtpelerin.com/crypto-otc-brokerage for large transactions.
Yes, because Mt Pelerin is a regulated Swiss financial intermediary that performs Swiss compliant KYC/AML due diligence on the funds it processes, which is what receiving banks care about. They see the fiat proceeds arrive as a standard bank transfer from a Swiss financial institution. Even better, if you create a personal IBAN they will only see a transfer coming from an account in your name. Mt Pelerin has successfully cashed out funds to more than 500 banks in more than 70 countries. For large transactions, Mt Pelerin's compliance team prepares fund origin documentation to support smooth acceptance at the receiving bank. If needed, Mt Pelerin can also assist with opening a Swiss private bank account to receive the Lightning sats cash out proceeds.
No, Mt Pelerin is a non-custodial service and never takes custody of the funds of its clients. The funds that Mt Pelerin receive are always converted right away and transferred out to the user's bank account.
Yes, companies and associations can register with us and cash out sats to their organization's bank account.
It's not possible to cancel a cash out once your bank transfer has been initiated. If you have made your sats transfer but haven't received a bank transfer notification yet, you can try to contact us and we will see if it's still possible to cancel your order.
Yes, you can sell sats with us and withdraw funds on accounts from neo banks like Revolut, N26, etc. Please note that it is only possible to sell sats to a Wise account if you have a personal IBAN with us.
The fee to sell sats by bank transfer ranges from 0% to 1.3%, it decreases with your cumulated annual exchange volume.
No, Mt Pelerin's only source of revenue is the exchange commission that it charges on currency conversions, which is fully displayed before each transaction. Mt Pelerin doesn't artificially inflate the exchange rates applied when selling sats.
The rate applied to your cash out is the spot market rate of the moment when we receive your sats transfer.
Mt Pelerin doesn't charge any fee to send bank transfers. Local Swiss bank transfers are 100% free and SEPA transfers are free in most cases (some banks still charge a fee to send a SEPA transfer outside of its country). SWIFT international transfers are not free, intermediary banks charge a fee to process transactions.
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Read on our blog everything you need to know to get started in the world of cryptocurrencies on the right foot!
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Invite nowMt Pelerin Group SA is a company established in Switzerland since 2018, with offices in Neuchâtel and Geneva. We are an affiliated financial intermediary, which means that our processes are regularly audited by an external and independent entity. We are affiliated with SRO-member SO-FIT, an officially recognized self-regulatory organization (SRO) according to the Anti-Money Laundering Act by FINMA, the Swiss financial market supervisory authority. You can see our status on the FINMA website here.
The most common questions that our clients ask us are all answered there. Have a look!
We answer all your questions, and we answer them fast! Get in touch by email or through Bridge Wallet's contact form.
We cannot accept as clients US and Russian persons, as well as residents of:
Afghanistan, Angola, Bangladesh, Belarus, Burkina Faso, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Haiti, Indonesia, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, Niger, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Trinidad and Tobago, Venezuela, Yemen, Zimbabwe.