Mt Pelerin - Official Announcement Channel
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Mt Pelerin's latest news and announcements. Discussion groups: English: https://t.me/mtpelerinchat Français: https://t.me/mtpelerin_fr Deutsch: https://t.me/mtpelerin_de Español: https://t.me/mtpelerin_espanol
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We're now officially on DeBank!
Follow us and say hi 👋
👉 https://debank.com/official/Mt_Pelerin
🔄 Bridge USDC for 0.1%
You can now use our service to transfer USDC across 7 different chains at a 1:1 rate, with a 0.1% fee per transaction instead of our regular 0.5% swap fee!
👉 More info here: https://www.mtpelerin.com/blog/usdc-cross-chain-swaps
💰 Increased delivery fees
Due to the ongoing surge of transaction costs on the Bitcoin and Ethereum networks, we must sadly update our delivery fees accordingly:
- Bitcoin: $5 to deliver BTC
- Ethereum: $2 to deliver ETH
- Ethereum: $5 to deliver other tokens
As usual, we will reduce/remove these delivery fees as soon as network conditions will allow.
⚡️ Move your Bitcoin DCA to Lightning
We don't know the future obviously, but with the bull market seeming ready to restart it's reasonable to assume that high transaction costs are here to stay for some time.
If you have a Bitcoin DCA plan in place, we strongly invite you to move it to Lightning instead of the main Bitcoin blockchain. That way, you will not only avoid to pay this new delivery fee, but you will also minimize the problem of future UTXO costs.
In a nutshell, if you decide to move your Bitcoin balance after having made many purchases on your Bitcoin wallet (to cash it out for instance), that output transaction will basically have to take all the previous input transactions and consolidate them, which takes a lot of data.
Since the cost of a Bitcoin transaction is based on how much data it consumes, this can result in heavy transfer costs that can even exceed your BTC balance if you have bought small amounts many times ($10 a week, for instance). This issue is explained in more detail here.
Buying Bitcoin on the Lightning network doesn't have this problem, and you can of course transfer from time to time what you've accumulated on Lightning to the main Bitcoin network through our swap service.
Move your ETH DCA to an L2 network
Just like with Bitcoin, if you have a standing order to buy ETH on Ethereum at a regular interval, we recommend to switch to buying ETH on layer-2 networks like Arbitrum or Optimism to avoid delivery fees.
🎄 Holiday closure notice
Please note that for the Christmas season, we will be closed on:
- Monday, December 25, 2023
- Tuesday, December 26, 2023
- Monday, January 1, 2024
- Tuesday, January 2, 2024
As a result, no standard bank transfer will be sent or received during these 4 days.
Swaps, instant transfers and card purchases are processed automatically in most cases, so they will remain available during the holidays.
The normal processing of your operations and support tickets will resume on the morning of Wednesday 3 January.
ℹ️ Delivery fee decreased
On Ethereum, the delivery fee to buy or swap tokens other than ETH has been reduced from $8 to $3.
👉 Our fees: https://www.mtpelerin.com/pricing
👉 List of supported tokens: https://www.mtpelerin.com/supported-blockchains-currencies
💡 In order to prevent scammers to bother you in private messages on Telegram, activate the following option in Settings > Privacy and Security > Archive and Mute
🫰 Up to 10x cheaper than crypto ATMs
📍 10x more locations
🕗 Available 24/7
🔎 No identification required
Discover how to use our service to buy crypto with cash at any Swiss train ticket machine!
👉 https://www.mtpelerin.com/faq/how-to-buy-crypto-from-a-sbb-cff-train-ticket-machine
💳 Card purchases are back!
The option to buy crypto by card is available again in Bridge Wallet and on our website!
This time, you will also find an extra option to pay via Google Pay or Apple Pay.
📲 Don't forget to update your app here to access this feature.
💡 Card purchases are only available to users who have verified their identity.
🐦 Please like and retweet: https://twitter.com/mtpelerin/status/1724350824594194446
Review Mt Pelerin, get free Bitcoin ⚡️
Fancy some free Bitcoin? Write a review about your experience using our service on Apollo, and you will get 5,000 sats in reward!
👉 Write review now on: https://heyapollo.com/invite-review?prod=mt_pelerin
Of course, you will be able to withdraw your sats on Bridge Wallet on the Lightning network. 😉
We're happy to announce that we now support GHO, the new stablecoin native to the Aave protocol!
You can now use our service to:
👻 Buy GHO on any of your wallets in minutes, by card or bank transfer
👻 Swap it for Bitcoin and other crypto
👻 Cash it out in 12 fiat currencies on your bank account
ℹ️ GHO is available on Ethereum
👉 Get started: https://www.mtpelerin.com/cryptocurrency/gho
🐦 Please like & RT: https://twitter.com/mtpelerin/status/1712475514953519175
🕔 End of BUSD support
The BUSD stablecoin is reaching the end of its life since its issuer, Paxos, has stopped minting it.
It is therefore not possible to buy BUSD with us anymore. We invite you to use USDT instead, which we support on BNB Chain.
You can still use our service to swap BUSD for other cryptocurrencies or to withdraw it in fiat until December 31st, 2023.
After that date, the BUSD will be completely delisted from our service.
📣 Warm up your wallets, Rootstock is offering you $4,000 of prizes in RBTC for a contest on their network!
🎯 Buy and swap RBTC or RDOC with our service from September 20 to 27, the top 90 participants with the most transactions will receive a reward!
👉 To participate, join the sprint quests on our Zealy profile here: https://zealy.io/c/mtpelerin/questboard?view=sprint
Hello everyone,
We're live on Zealy.io, where we've launched a series of quests to discover and interact with Mt Pelerin in a fun way, and maybe even win prizes 😉
👉 Get started on: https://zealy.io/c/mtpelerin/questboard
ℹ️ You can be notified on our Discord when new quests will be published.
