Verdict
Higher trust score: Mullvad
Based on our trust scoring, Mullvad comes out ahead of DFX Swiss (9.4 vs 7.4). The gap reflects differences in KYC stance, custody model and operational track record.
Note: Scores are our independent assessment. Both services have valid use cases — read each detail page before deciding.
Score breakdown
Overall /10
DFX Swiss
7.4
Good
Mullvad
9.4
Good
Privacy /100
DFX Swiss
58
Average
Mullvad
100
Good
Trust /100
DFX Swiss
87
Good
Mullvad
96
Good
Side by side
KYC level
L3Tiered
L1Anonymous
Tagline
Swiss non-custodial fiat on/off-ramp by DFX AG (Zug, 2021) — SEPA/SWIFT to 80+ cryptos, no KYC up to 1000 CHF/day, crypto goes directly to your wallet. Open-source API, Swiss SRO license.
Swedish VPN with a 16-digit anonymous account number — no email, no personal data — accepting Monero, Bitcoin, Lightning and cash by mail, with a 2023 police raid that produced zero customer data.
Jurisdiction
Switzerland (DFX AG, Zug)
Sweden
Founded
2021
2009
Tor / .onion
No
Available
Categories
Exchange, Indie exchange
VPN, Privacy
Feature comparison 12
DFX Swiss
Mullvad
Bitcoin (BTC)
Accepts Monero (XMR)
—
Cash
—
Non-custodial
Open source
Tor (.onion) available
—
Lightning Network
—
Accepts fiat
—
Mobile app
Web app
Available worldwide
Requires email
—
Read the full reviews
The side-by-side covers the headlines — the detail pages walk through every claim and citation.