Google Analytics and Google Ads run only if you allow them. Privacy Policy

P2P markets: when each one asks for ID

Of the 10 services in this category that have not closed, 6 never ask for ID by design, 2 ask only if a payment is flagged, 1 asks above a limit and 1 is not checked yet.

By Ethan ParkerUpdated October 28, 2026How we read the terms

Best for you, by need

Not legal or tax advice. This page explains how these services work and what their own terms say. It is general information, not legal, tax or financial advice. Rules differ by country and change often. Check the rules where you live, or ask a qualified professional, before you use any service listed here.

Part of our privacy guide

10 services

Bisq

P2P market

Monero, Bitcoin, Lightning, Zcash, Bank transfer, E-wallets, P2P trading, You hold the keys, No account, Open source
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
Several limitsBisq 1, crypto trades: 0.25 BTC per trade; Bisq 1, fiat trades: per payment method, all below 0.25 BTC (e.g. SEPA 0.0624 BTC); Bisq 1, buying from an unsigned account: 0.002 BTC per trade until the payment account is signed (risky fiat methods); Bisq 1, new users: 0.1 BTC (user can opt out); Bisq Easy: 6 USD to 600 USD per trade
If a check fails
Holds no funds"Bisq never holds your funds. Deposits held in 2-of-2 multisig wallets encourage safe, successful trades."
Who holds your coins
You hold the keys

RoboSats

P2P market

Bitcoin, Lightning, Bank transfer, Apple Pay, Google Pay, PayPal and E-wallets, P2P trading, You hold the keys, No account, Open source, Tor onion, I2P
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
4,000,000 sats per trade, trades
If a check fails
Holds no funds"There are basically four conditions that causes a user to lose their bond:"
Who holds your coins
You hold the keys

lnp2pBot

P2P market

Bitcoin, Lightning, P2P trading, You hold the keys, Open source, Open to US residents
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
Several limitsNo limit from the bot; in practice limited by Lightning liquidity and route capacity
If a check fails
Holds no funds"If during a dispute it is proven that there is a malicious user, the solver can ban that user, and they will no longer be able to use the bot anymore."
Who holds your coins
You hold the keys

Mostro

P2P market

Bitcoin, Lightning, P2P trading, You hold the keys, No account, Open source, Open to US residents
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
Not stated
If a check fails
Holds no funds"If a problem arises, either party can open a dispute and a mediator will review the case."
Who holds your coins
You hold the keys

RetoSwap

Hack, Jun 2026

P2P market

Monero, Bitcoin, Zcash, Bank transfer, PayPal and E-wallets, P2P trading, You hold the keys, No account, Open source, Open to US residents
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
Not stated
If a check fails
Holds no funds"Penalties are calculated as a percentage of the trade amount and are deducted primarily from the offending peer's security deposit."
Who holds your coins
You hold the keys

Vexl

P2P market

Bitcoin, Lightning, P2P trading, You hold the keys, Open source, Open to US residents
ID rule: Never, by design. No company holds your order, so nobody can ask.
When they ask for ID
Never, by design
No-ID limit
None set by Vexl (Vexl does not process trades)
If a check fails
Holds no funds"Vexl never handles your money or tracks your purchases."
Who holds your coins
You hold the keys

Hodl Hodl

P2P market

Bitcoin, Lightning, Bank transfer, Card, Google Pay, PayPal and E-wallets, P2P trading, You hold the keys
ID rule: If a payment is flagged. No ID by default; checks when a risk system flags you.
When they ask for ID
If a payment is flagged
No-ID limit
Several limitsNo maximum stated; minimum contract amount 0.00025 BTC
If a check fails
Can be frozen"Non-response is treated as interference with dispute resolution and may be grounds to rule against you."
Who holds your coins
You hold the keys

Dispute resolution (full name, date of birth, country, government-issued ID, bank or payment account statements); applicable law or internal policies (mandatory verification may be introduced at any time); sanctions screening and fraud prevention.

LocalCoinSwap

P2P market

Bitcoin, P2P trading, You hold the keys, Open to US residents
ID rule: If a payment is flagged. No ID by default; checks when a risk system flags you.
When they ask for ID
If a payment is flagged
No-ID limit
Not stated
If a check fails
Can be frozen"Failure to comply may result in suspension or termination of your account, denial of dispute resolution, or cancellation of trades."
Who holds your coins
You hold the keys

Dispute resolution; suspicious or potentially fraudulent activity; requests from regulators or law enforcement authorities; company accounts (company verification required).

Peach Bitcoin

Restricted

P2P market

Bitcoin, P2P trading, You hold the keys, No account, Open source
ID rule: Above a limit. ID once you pass a stated amount.
When they ask for ID
Above a limit
No-ID limit
1,000 CHF a day, trades
If a check fails
Not stated
Who holds your coins
You hold the keys

Trading above CHF1000/day (CHF1000/month for peer-to-peer payment methods) or CHF100'000/year without registration; creating sell offers during the escrow pause (from 2026-09): KYC required unless the seller has zero lost disputes and more than 60 seller trades, or more than 30 seller trades and more than 80 trades in total; non-KYC sellers limited to one trade at a time.

XmrBazaar

P2P market

Monero
When they ask for ID
Not stated
No-ID limit
Not stated
If a check fails
Not stated
Who holds your coins
Not stated

More in this guide

Sources

Sources, how we rate and our process

Sources

  1. api.github.com/repos/bisq-network/bisq, for Bisq open source, checked October 22, 2026
  2. api.github.com/repos/bisq-network/bisq/releases/latest, for Bisq status, checked October 28, 2026
  3. api.github.com/repos/lnp2pbot/bot/releases/latest, for lnp2pBot status, checked October 22, 2026
  4. api.github.com/repos/MostroP2P/mostro, for Mostro open source, checked October 22, 2026
  5. api.github.com/repos/MostroP2P/mostro/releases/latest, for Mostro status, checked October 23, 2026
  6. api.github.com/repos/retoaccess1/haveno-reto/releases, for RetoSwap incidents, checked October 22, 2026
  7. api.github.com/repos/retoaccess1/haveno-reto/releases/latest, for RetoSwap status, checked October 22, 2026
  8. api.github.com/repos/RoboSats/robosats, for RoboSats open source, checked October 22, 2026
  9. api.github.com/repos/RoboSats/robosats/releases/latest, for RoboSats status, checked October 22, 2026
  10. api.github.com/repos/vexl-it/vexl, for Vexl open source, checked October 22, 2026
  11. api.github.com/repos/vexl-it/vexl/releases/latest, for Vexl status, checked October 22, 2026
  12. bisq.network, for Bisq who holds your coins, Bisq custody, in detail, Bisq account and Bisq tor onion, checked October 22, 2026
  13. bisq.network, for Bisq when they ask for id, Bisq if a check fails and Bisq data the policy collects, checked October 23, 2026
  14. bisq.network/dao, for Bisq operator, checked October 23, 2026
  15. bisq.network/statement-security-vulnerability-april-2020, for Bisq incidents, checked October 22, 2026
  16. bisq.wiki/Account_limits, for Bisq no-id limit, checked October 14, 2026
  17. bisq.wiki/Trading_fees, for Bisq fee, checked October 14, 2026
  18. bitcoinmagazine.com/business/hodlhodl-forced-liquidations-compromised, for Hodl Hodl incidents, checked October 14, 2026
  19. github.com/bisq-network/bisq/blob/master/core/src/main/resources/i18n/displayStrings.properties, for Bisq zcash address type, checked October 22, 2026
  20. github.com/lnp2pbot/bot, for lnp2pBot if a check fails, lnp2pBot who holds your coins, lnp2pBot custody, in detail, lnp2pBot account, lnp2pBot open source and lnp2pBot operator, checked October 22, 2026
  21. github.com/retoaccess1/haveno-reto/releases/tag/1.3.0-reto, for RetoSwap zcash address type, checked October 22, 2026
  22. haveno.exchange, for RetoSwap tor onion, checked October 22, 2026
  23. hodlhodl.com, for Hodl Hodl coins and Hodl Hodl tor onion, checked October 22, 2026
  24. hodlhodl.com/faq, for Hodl Hodl i2p, checked October 22, 2026
  25. hodlhodl.com/privacy_policy, for Hodl Hodl what triggers a check and Hodl Hodl data the policy collects, checked October 22, 2026
  26. hodlhodl.com/tos, for Hodl Hodl when they ask for id, Hodl Hodl no-id limit, Hodl Hodl if a check fails, Hodl Hodl who holds your coins, Hodl Hodl custody, in detail, Hodl Hodl account, Hodl Hodl open source, Hodl Hodl operator, Hodl Hodl excluded countries, Hodl Hodl us availability, Hodl Hodl status and Hodl Hodl fee, checked October 22, 2026
  27. learn.robosats.org, for RoboSats when they ask for id, checked October 22, 2026
  28. learn.robosats.org/docs/access, for RoboSats tor onion and RoboSats i2p, checked October 22, 2026
  29. learn.robosats.org/docs/bonds, for RoboSats if a check fails, checked October 22, 2026
  30. learn.robosats.org/docs/escrow, for RoboSats who holds your coins and RoboSats custody, in detail, checked October 22, 2026
  31. learn.robosats.org/docs/fees, for RoboSats fee, checked October 22, 2026
  32. learn.robosats.org/docs/limits, for RoboSats no-id limit, checked October 22, 2026
  33. learn.robosats.org/docs/private, for RoboSats account and RoboSats data the policy collects, checked October 22, 2026
  34. learn.robosats.org/docs/swaps, for RoboSats coins, checked October 22, 2026
  35. learn.robosats.org/robosats/update/pre-release-robosats-decentralized, for RoboSats operator and RoboSats excluded countries, checked October 22, 2026
  36. lnp2pbot.com, for lnp2pBot coins and lnp2pBot tor onion, checked October 22, 2026
  37. lnp2pbot.com/disclaimer, for lnp2pBot excluded countries, checked October 14, 2026
  38. lnp2pbot.com/learn, for lnp2pBot i2p, checked October 22, 2026
  39. lnp2pbot.com/learn/do-i-need-to-fill-out-any-user-registration-or-identity-verification.html, for lnp2pBot when they ask for id, checked October 22, 2026
  40. lnp2pbot.com/learn/fees-and-commissions.html, for lnp2pBot fee, checked October 22, 2026
  41. lnp2pbot.com/learn/in-which-countries-is-it-available.html, for lnp2pBot us availability, checked October 22, 2026
  42. lnp2pbot.com/learn/is-there-a-limit-on-the-amounts-i-can-trade.html, for lnp2pBot no-id limit, checked October 22, 2026
  43. lnp2pbot.com/learn/what-type-of-information-do-you-collect-from-each-user.html, for lnp2pBot data the policy collects, checked October 22, 2026
  44. localcoinswap.com, for LocalCoinSwap tor onion and LocalCoinSwap status, checked October 22, 2026
  45. localcoinswap.com/fees, for LocalCoinSwap fee, checked October 22, 2026
  46. localcoinswap.com/privacy, for LocalCoinSwap data the policy collects, checked October 22, 2026
  47. localcoinswap.com/supported-cryptos, for LocalCoinSwap coins and LocalCoinSwap i2p, checked October 22, 2026
  48. localcoinswap.com/terms-of-service, for LocalCoinSwap when they ask for id, LocalCoinSwap if a check fails, LocalCoinSwap who holds your coins, LocalCoinSwap what triggers a check, LocalCoinSwap custody, in detail, LocalCoinSwap account, LocalCoinSwap operator, LocalCoinSwap excluded countries and LocalCoinSwap us availability, checked October 22, 2026
  49. mostro.network, for Mostro when they ask for id, Mostro if a check fails, Mostro coins, Mostro data the policy collects, Mostro tor onion and Mostro fee, checked October 22, 2026
  50. mostro.network/docs-english/print.html, for Mostro i2p, checked October 22, 2026
  51. mostro.network/terms, for Mostro excluded countries, checked October 14, 2026
  52. mostro.network/terms, for Mostro who holds your coins, Mostro custody, in detail, Mostro account, Mostro operator and Mostro us availability, checked October 22, 2026
  53. peachbitcoin.com, for Peach Bitcoin who holds your coins, Peach Bitcoin custody, in detail, Peach Bitcoin account and Peach Bitcoin tor onion, checked October 22, 2026
  54. peachbitcoin.com, for Peach Bitcoin open source, checked October 23, 2026
  55. peachbitcoin.com/blog/peach-at-a-crossroads, for Peach Bitcoin what triggers a check, Peach Bitcoin status and Peach Bitcoin incidents, checked October 22, 2026
  56. peachbitcoin.com/privacy-policy, for Peach Bitcoin data the policy collects, checked October 22, 2026
  57. peachbitcoin.com/support, for Peach Bitcoin i2p, checked October 22, 2026
  58. peachbitcoin.com/terms-and-conditions, for Peach Bitcoin when they ask for id, Peach Bitcoin no-id limit, Peach Bitcoin coins, Peach Bitcoin operator, Peach Bitcoin excluded countries, Peach Bitcoin us availability and Peach Bitcoin fee, checked October 22, 2026
  59. raw.githubusercontent.com/bisq-network/bisq/master/core/src/main/java/bisq/core/locale/CurrencyUtil.java, for Bisq coins, checked October 23, 2026
  60. raw.githubusercontent.com/bisq-network/bisq/master/core/src/main/resources/i18n/displayStrings.properties, for Bisq excluded countries, checked October 28, 2026
  61. raw.githubusercontent.com/bisq-network/bisq2/main/i18n/src/main/resources/bi2p.properties, for Bisq i2p, checked October 28, 2026
  62. retoswap.com, for RetoSwap when they ask for id, RetoSwap coins, RetoSwap account, RetoSwap data the policy collects, RetoSwap i2p, RetoSwap operator, RetoSwap excluded countries, RetoSwap us availability and RetoSwap fee, checked October 22, 2026
  63. retoswap.com, for RetoSwap open source, checked October 23, 2026
  64. retoswap.com/Penalties%20and%20Resolutions.html, for RetoSwap if a check fails, checked October 22, 2026
  65. retoswap.com/Trading%20Rules.html, for RetoSwap who holds your coins and RetoSwap custody, in detail, checked October 22, 2026
  66. vexl.it, for Vexl when they ask for id, Vexl if a check fails, Vexl coins and Vexl tor onion, checked October 22, 2026
  67. vexl.it/faq, for Vexl who holds your coins, Vexl custody, in detail, Vexl account, Vexl i2p and Vexl fee, checked October 22, 2026
  68. vexl.it/terms-privacy, for Vexl no-id limit, Vexl data the policy collects, Vexl operator, Vexl excluded countries and Vexl us availability, checked October 22, 2026
  69. xmrbazaar.com, for XmrBazaar coins and XmrBazaar status, checked October 22, 2026

How we rate

Every value we show comes from the provider's own pages: its terms, help center, app or code. We record when it asks for ID, its limit without ID and what its terms say happens to your coins if a check fails, each with the page and the date we checked it. Where its own pages disagree, we show both sides. How we rate

Our process

We take fees, availability, licenses and coin counts from primary sources: each provider's own fee schedules, terms and help pages, and the public registers kept by regulators. Every value carries the date we last checked it. The values on this page were checked between October 14, 2026 and October 28, 2026. Ethan Parker, Senior Content Editor, checked this page; updated October 28, 2026.

Compare 2

Filters

Quick view