How to buy bitcoin without ID: the best peer-to-peer options

A peer-to-peer exchange matches you with another person who sells you bitcoin directly, and the platforms below collect no ID to do it.

By BradyUpdated November 7, 2026Bitcoin self-custody
Short answer

RoboSats is my top pick: it runs only over Tor, gives you a fresh robot identity for every trade, and settles over Lightning. Hodl Hodl is the pick for larger on-chain buys with 2-of-3 multisig escrow, LNp2pBot works inside Telegram, and Vexl is for meeting people you already know in person. Whichever you use, send the bitcoin straight to a fresh address on your own hardware wallet.

Disclosure: I work at Blockstream, the company that makes the Jade wallets mentioned here. I joined after many years as a satisfied user. There are no affiliate links on this site.

What counts as a no-ID exchange here

Every platform on this list lets you buy bitcoin from another person without uploading an ID to the platform. I only rank Bitcoin-only platforms. That keeps Bisq, the oldest name in this space, out of the ranking, because Bisq 1 also trades altcoins. It sits in the contrast table further down with the details of its 2026 exploit.

No ID with the platform does not make you invisible. Your counterparty sees your payment details, your bank sees the payment, and the bitcoin lands on a public blockchain. The privacy section below covers what to do after the trade.

Best P2P Bitcoin exchanges compared

RankPlatformHow you tradeEscrowPlatform fee (November 2026)LimitsBest for
1RoboSatsTor BrowserLightning hold invoices0.2% totalSet by Lightning liquidityMost buyers
2Hodl HodlWeb, email sign-up2-of-3 multisig, Hodl Hodl holds one key0.75% per side, 0.5% with a referral codeSellers can cap first tradesLarger on-chain buys
3LNp2pBotTelegram botLightning hold invoices0.6%, paid by the sellerNone from the botTelegram users
4MostroNostr appLightning hold invoicesSet by each Mostro operatorSet by the operatorNostr users
5VexlPhone app, in personNoneNoneWhatever you agreeCash with people you know
6Peach BitcoinPhone app, web appSeller-controlled for now2%, paid by the buyerCHF 1,000 a day, CHF 100,000 a yearMobile buyers outside the US and EU

None of these platforms has a review page on this site, so each name links to the project itself. Fees and limits change, so check the platform before you trade.

1. RoboSats: best P2P exchange overall

RoboSats is Tor-only, and it generates a random robot avatar for a single trade, so there is no account to tie your purchases together. Lightning hold invoices act as both the bond and the escrow, which means trades can finish before the next block is mined. The code is open source on GitHub, and the latest release is v0.8.7-alpha from September 9, 2026.

The fee is 0.2% of the trade: 0.025% for the order maker and 0.175% for the taker. You need Tor Browser and a Lightning wallet to receive into (see my Lightning wallet picks). The limit: Lightning is a hot wallet, so move the sats to cold storage once the trade settles.

2. Hodl Hodl: best for on-chain buys

Hodl Hodl is a web platform where you sign up with an email address and a password and trade "without KYC/AML." Its site lists the available coins as "Bitcoin only," and it stopped accepting voluntary verification, so nobody gets a verified badge by handing over documents anymore.

Each trade gets its own 2-of-3 multisig escrow address. Hodl Hodl holds one of the three keys, so it cannot move the escrow alone, and the seller releases the bitcoin straight to the buyer's wallet. That means you can give a receive address from your hardware wallet. The fee is 0.75% for each side, or 0.5% if you registered with a referral code. Sellers can set a first-trade limit for new users, so expect smaller first buys.

The limit: the email address ties your trades to one account. Use an address that says nothing about you.

3. LNp2pBot: best on Telegram

LNp2pBot is a Telegram bot that asks for no personal data, with "no KYC, no registration, no identity verification." The bot escrows the sats with Lightning hold invoices, and the code is open source.

The bot charges a fixed 0.6% fee, paid only by the seller, and sets no limit on trade size beyond what Lightning liquidity allows. The limit: you need a Telegram account, and Telegram logs you in with your phone number.

4. Mostro: best for Nostr users

Mostro runs over Nostr and requires no registration, email, phone, or KYC. Your identity is generated in the client and backed by a 12-word phrase that only you control. The seller's sats stay locked in a Lightning hold invoice until the seller confirms the fiat arrived.

Each Mostro node operator sets its own fee, and Mostro's FAQ gives about 0.3% for both buyer and seller as an example. The limit: liquidity depends on which Mostro node you use, so check its order book for your currency first.

5. Vexl: best for buying in person

Vexl is an open-source phone app from Vexl s.r.o. in Prague. It asks for a nickname and a phone number, and you import your contacts to see offers from friends and friends of friends. You chat anonymously, then meet in person and trade. Vexl says it "never handles your money or tracks your purchases."

There is no escrow, so the protection is the relationship: you are trading with someone a friend knows. The limit: it needs your phone number and contact list, and it only works if your network already has Bitcoiners in it.

6. Peach Bitcoin: mobile, with three big limits

Peach is a Swiss phone app with a web app, no registration, and a 2% fee paid by the buyer. Its normal design is a 2-of-2 multisig escrow between the seller and Peach. Three things changed in 2026:

  • Not in the US. Peach's terms, last updated July 1, 2026, say the app is not available in the United States, China, or sanctioned regions.
  • Not offered in the EU or EEA. The same terms say Peach is "not actively offered or marketed in the EU/EEA," and its home page warns that use there "may be restricted or non-compliant" after July 1, 2026.
  • Escrow is in the seller's hands for now. Peach says that, temporarily, "the seller fully controls the escrowed BTC," and only highly trusted sellers with a long Peach record can sell. Peach still mediates disputes.

Swiss rules cap trades without registration at CHF 1,000 a day (CHF 1,000 a month for peer-to-peer payment methods) and CHF 100,000 a year. If you pay out to your own wallet, Peach asks you to sign a message with the receiving address, so check that your wallet can sign messages before you trade.

How a peer-to-peer trade works

Every trade follows the same pattern: the seller locks bitcoin somewhere the seller cannot pull it back on a whim, you send the fiat payment, and the seller releases the bitcoin once the payment arrives. The difference between platforms is where the bitcoin waits.

  • 2-of-3 multisig (Hodl Hodl): the bitcoin sits in an on-chain address that needs two of three keys. Buyer, seller, and platform each hold one, so the platform can settle a dispute with either party but cannot take the coins alone.
  • 2-of-2 multisig (Peach, normally): the seller and the platform both have to sign. Peach has suspended its side of this for now.
  • Lightning hold invoice (RoboSats, LNp2pBot, Mostro): the seller's payment is locked in the Lightning network and only settles when the seller confirms the fiat arrived. If the trade fails, the invoice is cancelled and the sats go back.
  • No escrow (Vexl): you meet and swap. Trust comes from your contact network.

Stay safe: the scam patterns

  • Start small. Your first trade on any platform should be an amount you can afford to lose while you learn the flow.
  • Sellers: never release before the money clears. Hodl Hodl's FAQ says to release only after you have received the funds, even if the buyer is verified and has a great reputation.
  • Watch for triangulation. A scammer advertises a fake item elsewhere, then has the victim pay your bank account for "their" bitcoin purchase. LNp2pBot's docs walk through how these bridge scams work. A payment from a name that does not match your counterparty is the warning sign.
  • Keep the conversation on the platform. Anyone who wants to move to another app or skip the escrow is a red flag.
  • Check reputation. Read the counterparty's trade count and dispute history before you accept an offer.

Keep it private after the trade

The trade is the easy part. The privacy you just bought disappears the moment you mix these coins with coins from an exchange that knows your name.

  • Use a fresh address on your hardware wallet for every on-chain purchase, and label the coin "P2P buy" so you remember where it came from. My guide to coin control and labels covers how.
  • Never spend P2P coins together with KYC coins. Combining them in one transaction links the two histories for anyone reading the chain.
  • Lightning purchases: move the sats from your Lightning wallet to a fresh address on your hardware wallet once you have enough to justify the on-chain fee.
  • Hide your IP. RoboSats already requires Tor. For the others, my privacy tools page covers Tor Browser and VPNs. My anonymous wallet guide lists where your identity usually gets attached.

Legal and tax facts

Wanting a purchase that is not stored in an exchange database is a reasonable thing to want. It does not change your obligations. In the US, the IRS treats digital assets as property, and you must report digital asset transactions whether or not they result in a gain or loss. Keep a record of what you paid for every P2P purchase.

Selling is where the rules get stricter. FinCEN's 2019 guidance says a person operating as a peer-to-peer exchanger as a business must comply with Bank Secrecy Act rules as a money transmitter, however informal the trades are. Peach's own site puts the general point plainly: it is "No KYC where permitted by local law," and users are responsible for complying with the rules where they live. Rules differ by country. If you plan to sell regularly, talk to a lawyer first. Nothing on this page is advice on avoiding taxes or reporting.

Not Bitcoin-only, or not no-ID (contrast)

These names come up in every search for this topic. None of them makes my ranking, and there are no links to their stores or downloads here.

PlatformWhy it is not ranked
BisqBisq 1 also trades altcoins. On May 1, 2026, an attacker exploited missing validation checks in Bisq 1 and took 11.59104 BTC from 10 users. Only altcoin trades were hit: fiat trades, Bisq 2, and Bisq Easy were not affected, and Bisq cut the Bisq 1 maximum trade size to 0.125 BTC while auditing continues. Bisq Easy, the beginner mode in Bisq 2, allows trades from 6 to 600 USD, scaled to the seller's reputation.
Bull BitcoinBitcoin-only, but not a no-ID option: its terms say you may have to provide "information and documentation necessary to verify your identity." I cover it with the Bitcoin-only exchanges that take ID.
LocalBitcoins, Paxful, LocalMonero, AgoraDeskClosed. Hodl Hodl's FAQ notes they have all been shut down, so pages that still recommend them are out of date.
Binance P2P, KuCoin P2P, Noones, and similarMulti-coin marketplaces. Altcoin markets are not where I send anyone to buy bitcoin.
Swap services (SideShift, ChangeNOW, Godex)Multi-coin swaps between coins, not a way to buy bitcoin with cash or a bank transfer.

Where should your P2P bitcoin go? A hardware wallet you control

A no-ID purchase only stays private if the coins land somewhere that does not report back to anyone. Give the seller, or your Lightning sweep, a fresh receive address from a hardware wallet, and check that address on the device screen.

Want more options? My full hardware wallet rankings and the air-gapped picks are the next stop.

Frequently asked questions

Can you buy bitcoin without ID?

Yes. Peer-to-peer platforms such as RoboSats, Hodl Hodl, LNp2pBot, Mostro, and Vexl match you with a seller and collect no ID. Your counterparty still sees your payment details, and taxes still apply.

Is buying bitcoin without KYC legal?

It depends on where you live. In the US, the IRS treats digital assets as property and you must report digital asset transactions. People who sell as a business can count as money transmitters under FinCEN guidance. Check your local rules and keep records of every purchase.

Bisq or RoboSats: which should I use?

RoboSats, for most people. It is Bitcoin-only, runs over Tor, and settles over Lightning with a 0.2% fee. Bisq 1 also trades altcoins, and its May 2026 exploit hit altcoin trades. Bisq Easy suits small first buys from 6 to 600 USD.

Is Peach Bitcoin available in the US or the EU?

Not in the US: Peach says the app is not available there. In the EU and EEA, Peach says it is not actively offered or marketed and that use may be restricted or non-compliant after July 1, 2026.

Why is no-KYC bitcoin more expensive?

Platform fees run from 0.2% on RoboSats to 2% on Peach, and on platforms like Hodl Hodl the seller sets the price, so it can sit above the exchange rate.

Can I buy bitcoin with cash without ID?

Yes. Vexl is built for meeting people from your contact network and trading in person, and some sellers on other platforms accept cash. The seller will see your face, so meet somewhere public.

What happened to LocalBitcoins?

It shut down, along with Paxful, LocalMonero, and AgoraDesk. RoboSats, Hodl Hodl, LNp2pBot, Mostro, and Vexl are the Bitcoin-only options still running.

Related