The Best P2P Bitcoin Platforms

Discover the best P2P Bitcoin marketplaces and trade directly with others. No KYC, no middlemen. Whether you prefer lightning-fast trades on the Lightning Network or secure onchain transactions, platforms like Robosats, Bisq, Vexl, PeachBitcoin, and lnp2pbot offer privacy, security, and flexibility whether you want to buy sats or sell.

Robosats

Robosats is a decentralized, open-source P2P Bitcoin exchange accessible via the Tor network, focusing exclusively on Lightning Network transactions. It emphasizes privacy, no KYC, and low fees. Users praise its simple interface, speed, and reliability, especially for small transactions and newcomers. It uses an escrow mechanism with hold invoices to secure trades and prevent scams. However, some users find the fiat-based swaps and Monero payment requirement frustrating. Overall, it scores highly for privacy, decentralization, and security with a strong developer commitment to ongoing improvements.

• Features:
  • Tor network access for enhanced privacy
  • Lightning Network-only trading
  • No KYC required
  • Open-source and decentralized
  • Escrow system with hold invoices
  • Supports fiat and Monero payments
  • Low fees
• Sign-up time: No formal sign-up needed; about 5–10 minutes to set up connection and Lightning wallet.

Bisq

Bisq is a well-established decentralized P2P Bitcoin and cryptocurrency exchange with no KYC and a focus on privacy and security. It supports multiple cryptocurrencies beyond Bitcoin and runs as a software network rather than a company. Trading involves Bitcoin-denominated fees, and the user needs some technical knowledge to operate effectively. Long-term users appreciate Bisq for its decentralized model and ability to operate without banks’ interference, but it may not be ideal for beginners who prefer centralized exchanges with customer support.

• Features:
  • Decentralized P2P network
  • Supports Bitcoin and multiple other cryptocurrencies
  • Uses onchain Bitcoin transactions primarily
  • No KYC required
  • Multi-signature escrow for security
  • Wide fiat payment support
  • Open-source desktop app
• Sign-up time: No central sign-up; local profile creation in app and wallet sync takes 10–20 minutes.

Vexl

Vexl is a unique Bitcoin P2P trading app that blends social networking with trading, allowing users to trade within their circle of trust such as friends and friends-of-friends. It provides anonymity until users choose to reveal their identity and uses strong encryption but is not accessible via Tor and does not offer escrow or payment dispute services. Vexl is completely free of charge with zero fees and emphasizes in-person trades for added security. It is better suited for users valuing social trust and privacy over traditional escrow protections.

• Features:
  • Social network-based P2P trades within trusted circles
  • Fully anonymous until voluntary ID reveal
  • No KYC and no escrow or dispute resolution
  • Free with zero fees
  • Encrypted messaging
  • Primarily onchain Bitcoin transactions (no Lightning support)
• Sign-up time: No formal sign-up; start trading in about 2–5 minutes via Telegram or email connection.

PeachBitcoin

PeachBitcoin is a Swiss-based P2P Bitcoin marketplace that operates without KYC and aims to balance privacy and regulatory compliance (Swiss AML level). It is known for ease of use, fast and reliable transactions, and a transparent trading process with self-custody of funds. Users report positive experiences, especially for non-KYC Bitcoin buys, though there are sometimes higher fees compared to other options. Its reputation for security and transparency is strong, supported by good Trustpilot reviews.

• Features:
  • Swiss-based, AML-compliant P2P marketplace
  • No KYC required
  • Self-custody of funds during trades
  • Supports multiple fiat payment methods
  • Transparent, user-friendly platform
  • Primarily onchain Bitcoin transactions (no Lightning support)
• Sign-up time: Email registration with confirmation, typically 3–5 minutes.

lnp2pbot

lnp2pbot is an open-source Telegram bot that enables P2P Bitcoin buying and selling over the Lightning Network without any KYC, requiring only a Telegram account and a compatible Lightning wallet. It is popular in Latin America for its ease of use, quick transactions, and built-in custody system that prevents scams. The bot supports multiple languages and allows trading within Telegram groups, creating community-based commissions and discounts. Users rate it highly for security and convenience, especially for Lightning Network users.

• Features:
  • Telegram bot interface for ease of use
  • Lightning Network-only trades
  • No KYC, only Telegram account and Lightning wallet needed
  • Multi-language support
  • Community discount and commission groups
  • Built-in escrow/custody to prevent scams
• Sign-up time: No traditional sign-up; 2–5 minutes to set up via Telegram and Lightning wallet.

Summary

Whether novice or veteran, trading bitcoin privately with peers in your community is a great way to exchange bitcoin. Each of these platforms allow trades in a private manner and focus ond security standards and fraud protection. They differ in their unique approaches to provide diverse trade experiences, balancing privacy, social trust, technical proficiency, and regulatory compliance, tailored to varying user needs in P2P Bitcoin trading.

This comprehensive review and feature list should assist in evaluating these P2P Bitcoin marketplaces according to your priorities and technical preferences.