No-KYC P2P platforms: comparison
A no-KYC P2P platform is a service that connects a bitcoin buyer and seller directly, without requiring identity documents, usually using escrow to protect both sides.
Which P2P platforms require no documents?
| Platform | KYC required | Escrow type | BRL | Pix | Tor | Fees | Open source | Mobile app | Official site |
|---|---|---|---|---|---|---|---|---|---|
| RoboSats | No | Lightning hold invoice | Yes | Yes | Yes | Low platform fee (~0.2%) + routing (to verify) | Yes | to verify | robosats.com |
| Bisq | No | 2-of-2 multisig with security deposit | Yes | to verify | Yes | Trading fee + mining fee (to verify) | Yes | No | bisq.network |
| Hodl Hodl | No | 2-of-3 multisig | Yes | Yes | to verify | Charged by the platform (verify current rate) | No | to verify | hodlhodl.com |
| Peach Bitcoin | Depends | On-chain escrow by the platform | to verify | to verify | to verify | Per-trade fee (verify current rate) | Yes | Yes | peachbitcoin.com |
| Vexl | No | No escrow: direct trade between contacts | Yes | Yes | to verify | No platform fee | Yes | Yes | vexl.it |
| LNP2PBot | No | Lightning hold invoice via Telegram bot | Yes | Yes | to verify | to verify | Yes | Not applicable | lnp2pbot.com |
| Mostro | No | Lightning hold invoice over the Nostr protocol | Yes | Yes | to verify | to verify | Yes | to verify | mostro.network |
| Bitcoin ATM | Depends | Not applicable: immediate exchange at the machine | Yes | to verify | Not applicable | Usually high; varies by operator (to verify) | No | Not applicable | — |
| Presencial / meetup | No | None: trust and an in-person meeting | Yes | Depends | Not applicable | Only the premium negotiated between the parties | Not applicable | Not applicable | — |
How do you choose a P2P platform?
- Check whether there is escrow and of which kind (multisig or hold invoice).
- Confirm your payment method is supported.
- Prefer open source, auditable software.
- Assess Tor support if network anonymity matters to you.
- Compare total fees, including security deposits.
Why do some cells say “to verify”?
Because these platforms change their rules often and this site does not publish unverified information. Where a fact could not be confirmed at the official source, the cell reads “to verify”.
How to Buy Bitcoin Anonymously — See the book on Amazon
Frequently asked questions
- Does a P2P platform hold my bitcoin?
- On escrow platforms, bitcoin is locked in multisig or a hold invoice during the trade, not in a company account.
- Can I use instant bank payments in a no-KYC trade?
- Yes, they are common in fiat offers. They identify the payer to the seller, but they do not create an account at the platform.
- What if the counterparty disappears?
- With escrow there is a dispute process and the bitcoin stays locked until resolution. Without escrow, the risk is entirely yours.