P2P
Marketplaces that match buyers and sellers directly. The payment method decides what the counterparty learns.
11 zero KYC · 2 light KYC
Privacy, evidence, and risk are separate. See the published method.
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How to choose
A peer-to-peer exchange matches a buyer and a seller and escrows the crypto side of the trade. Some listings here run as software with no central operator, using multisig escrow and security deposits; others are hosted platforms whose operator manages offers and disputes. The fiat side moves directly between the two parties over whatever payment method the offer specifies.
The payment leg is where identity moves. A bank transfer shows the counterparty a legal name and an account; a cash trade shows a face; vouchers sit in between. Prices usually carry a premium over spot, which is the cost sellers charge for payment risk and for forgoing KYC. Escrow design, dispute process, and deposit requirements differ per venue and are worth reading before a first trade.
- What each payment method reveals to the counterparty, and which methods the offers actually accept.
- The escrow model: multisig with security deposits, bonded arbitration, or operator-held funds.
- Whether the venue requires running a desktop client or node, and where keys sit during a trade.
- The published dispute process and its documented track record.
Frequently Asked Questions
Is buying crypto peer to peer legal?
In most jurisdictions, registration and KYC obligations attach to money service businesses rather than to individuals trading their own assets, and tax obligations on gains apply regardless of venue. Rules differ by country and change over time.
Why are P2P prices above exchange rates?
Sellers price in payment risk, chargeback exposure on reversible methods, and the demand for trades without identity checks. The premium varies by payment method and market.
What does the platform operator see?
Venues without an operator have no central position that observes trades. Hosted venues see offers, trade metadata, and dispute contents. The service page notes the architecture.
Is a separate wallet needed?
The decentralized venues require a local client that holds keys and posts security deposits. Hosted venues differ, and custody during escrow is recorded per service.