Best P2P Exchange?

[Abiky]

I'm looking for an alternative to LocalBitcoins since they require users to verify their ID to be able to use the platform. This greatly undermines one's privacy and anonymity as we speak. To harness the full potential of crypto, one needs to acquire it and use it in a completely anonymous manner.

I'm on the hunt for the best P2P exchange without KYC. Any help, suggestions, or recommendations will be greatly appreciated. Thanks in advance.

[semobo]

Localcryptos seems best p2p to trade multi cryptocurrency with fiat pairs which doesn't require mandatory KYC but I don't find best offers on the site due to no KYC policy.

[marine4u]

No Kyc for P2P is a matter of so great a risk that it is really serious. If it's a good gap then maybe Defi will explode soon. In fact, Transask or Fiat on ramp, P2p every fiat-related genre must attest KYC as a regulation. I only trust huobi or Binance for P2P exchange. localbitcoins is also interesting but I don't use it.

[semobo]

No Kyc for P2P is a matter of so great a risk that it is really serious. If it's a good gap then maybe Defi will explode soon. In fact, Transask or Fiat on ramp, P2p every fiat-related genre must attest KYC as a regulation. I only trust huobi or Binance for P2P exchange. localbitcoins is also interesting but I don't use it.

You need to complete KYC to use Binance p2p which is same as localbitcoins but with less sensitive data required for the verification while LBC also have different tier system with different documentation system.

If you are looking for true KYC less p2p then Localcryptos, hodlhodl are the few available options.

[livingfree]

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

[semobo]

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

Bisq is also a true peer to peer exchange where people has no privacy concern but the only negative side of Bisq is its security deposit method which doesn't allow people to buy bitcoins if they don't have any bitcoin so even if someone wants to buy BTC from Bisq they need to buy from somewhere and deposit there so they can buy or sell Bitcoins and altcoins as well.

[pealr12]

To me binance still remain the best, although I haven't use p2p in other exchanges but my experience using p2p in binance tells me they could be the best i have encountered so far, the service is very secure and reliable, buyers and sellers are well protected, I like using binance p2p, it is very fast especially when you sell or buy from sellers, you have to look for trusted sellers with high percentage ratings, it will be better.

[livingfree]

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

Bisq is also a true peer to peer exchange where people has no privacy concern but the only negative side of Bisq is its security deposit method which doesn't allow people to buy bitcoins if they don't have any bitcoin so even if someone wants to buy BTC from Bisq they need to buy from somewhere and deposit there so they can buy or sell Bitcoins and altcoins as well.

Oh, so that's like a required deposit first?

Is there any amount that's required for it? or you only have to deposit with little amount for you to proceed. I guess for those with little amount of btc to deposit, that won't be a problem.

I guess for those people that trades there that has no problem and finds it convenient, that won't be an issue.

[semobo]

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

Bisq is also a true peer to peer exchange where people has no privacy concern but the only negative side of Bisq is its security deposit method which doesn't allow people to buy bitcoins if they don't have any bitcoin so even if someone wants to buy BTC from Bisq they need to buy from somewhere and deposit there so they can buy or sell Bitcoins and altcoins as well.

Oh, so that's like a required deposit first?

Is there any amount that's required for it? or you only have to deposit with little amount for you to proceed. I guess for those with little amount of btc to deposit, that won't be a problem.

I guess for those people that trades there that has no problem and finds it convenient, that won't be an issue.

Its actually about $50 the minimum amount but it depends on the trade we make, so if someone wants to buy $1000 worth of BTC then they need to have $150 worth of BTC in their security deposit for the trade to be procesed.

Bisq allows offer makers to choose a security deposit percentage: minimum is 15% of trade amount and maximum is 50% of trade amount (absolute minimum is 0.001 BTC). The offer taker must deposit the same amount as the offer maker.

[livingfree]

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

Bisq is also a true peer to peer exchange where people has no privacy concern but the only negative side of Bisq is its security deposit method which doesn't allow people to buy bitcoins if they don't have any bitcoin so even if someone wants to buy BTC from Bisq they need to buy from somewhere and deposit there so they can buy or sell Bitcoins and altcoins as well.

Oh, so that's like a required deposit first?

Is there any amount that's required for it? or you only have to deposit with little amount for you to proceed. I guess for those with little amount of btc to deposit, that won't be a problem.

I guess for those people that trades there that has no problem and finds it convenient, that won't be an issue.

Its actually about $50 the minimum amount but it depends on the trade we make, so if someone wants to buy $1000 worth of BTC then they need to have $150 worth of BTC in their security deposit for the trade to be procesed.

Bisq allows offer makers to choose a security deposit percentage: minimum is 15% of trade amount and maximum is 50% of trade amount (absolute minimum is 0.001 BTC). The offer taker must deposit the same amount as the offer maker.

I thank you.

Although with that security deposit, it's still being suggested and that's what I mostly see when people are asking for a good and better P2P exchange.

It's one of the list of most folks of the forum.

[777Jolami]

Localcryptos seems best p2p to trade multi cryptocurrency with fiat pairs which doesn't require mandatory KYC but I don't find best offers on the site due to no KYC policy.

Really, if you ignore KYC with P2P in fiat, very few people can be trusted to trade large amounts of money.  It's too risky, there's no real proof.  It's not perfect for crypto.  I am looking forward to another solution in the future to thoroughly solve this problem.  Defi can do something, another solution

[anu1908]

Defi can do something, another solution

imo if it's related to fiat then no-kyc is almost impossible, and even if it happens, the risk is still great. maybe you can trade on-site if you don't mind the cost, but that's not flexible for most people.

[TopTort777]

I would not recomment to use p2p platform that does not require to pass kyc, as the risk of being scammed is high as hell. If this were in IRL you could at least trt to catch this guy or punch him if you want to exchange. But on the internet, you need more than just luck for not to gem scammed. Try Binance p2p. I guess in your situation this is the best option.

[Bravehash]

I'm looking for an alternative to LocalBitcoins since they require users to verify their ID to be able to use the platform. This greatly undermines one's privacy and anonymity as we speak. To harness the full potential of crypto, one needs to acquire it and use it in a completely anonymous manner.

I'm on the hunt for the best P2P exchange without KYC. Any help, suggestions, or recommendations will be greatly appreciated. Thanks in advance.

P2P platforms without KYC are high risks because if something happens there won't be ways to get your money back, also there is a high chance of getting scammed, this is why I prefer binance P2P platform even if the other person says they don't receive fund you can show proof and they have access to your BVN and bank details too

[michellee]

I'm looking for an alternative to LocalBitcoins since they require users to verify their ID to be able to use the platform. This greatly undermines one's privacy and anonymity as we speak. To harness the full potential of crypto, one needs to acquire it and use it in a completely anonymous manner.

I'm on the hunt for the best P2P exchange without KYC. Any help, suggestions, or recommendations will be greatly appreciated. Thanks in advance.

P2P platforms without KYC are high risks because if something happens there won't be ways to get your money back, also there is a high chance of getting scammed, this is why I prefer binance P2P platform even if the other person says they don't receive fund you can show proof and they have access to your BVN and bank details too

Yes, it is. We can not know who they are and that can make us to get a scam. Maybe you need to find your local sellers if you want to use P2P because that will prevent you from scamming. That is the safer method for P2P and I am sure that you can find those local sellers from your city.

Binance can be the best for P2P as before people can trade P2P, they need to identified themselves so there are small chance to get scammed. I think right now, the KYC is something that makes exchanges aware and consider to apply to their members.

[Abiky]

If you are looking for true KYC less p2p then Localcryptos, hodlhodl are the few available options.

Thanks. I'll give these a try. No KYC is the way to go these days, especially when centralized exchanges are too restrictive. Crypto/Blockchain was always about "eliminating" the middleman, so P2P exchanges go according to its vision. Based on the exchanges you gave me, it seems that Localcryptos is the most popular. I'll be using it to buy more Bitcoin with Fiat in an anonymous manner.

https://bisq.network/

How about bisq? I have no experience using that platform but it seems being suggested by many whenever I see people asking for a good P2P and decentralized exchange to be used.

So have a try and it's probably the one you're looking for.

Bisq is a great platform for P2P trades. But it lacks liquidity, forcing me to look elsewhere. I'll put it on my list in case the previously-mentioned P2P exchanges cease to exist in the future. The more options there are, the better it'll be for crypto's longevity in the mainstream world. We need as much decentralized alternatives as possible in order to "tackle" government's efforts against "The Revolution". Otherwise, Satoshi's vision will be unfulfilled. I hope P2P exchanges last for a long, long time.