15 Best Peer to Peer Cryptocurrency Exchanges in 2020 (Ranked By Readers!)

Peer to Peer stands for exchanges that do not hold user’s funds but rather operate a business model that simply connects buyers and sellers to trade with each other.

The way this is often done is by using multi-signature addresses between buyers and sellers, and then funds get released once both parties have confirmed the transaction.

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    Use the filtered links below to quickly find the top-ranking exchanges on each category.

    No KYC requirements

    BitValve a fresh P2P cryptocurrency exchange with multicurrency support, such as Ethereum, Litecoin, Ripple, and more. The platform also has low fees and offers enhanced anonymity and security.

    Trading Fees Fiat: 0.8% Crypto: 0.35% + Discounts
    Withdrawal Limits No limits

    KYC is required

    WazirX is a cryptocurrency exchange based in India, the platform offers seamless Fiat to crypto conversions, and an automated P2P matching engine that doesn’t require any fees from its customers.

    Trading Fees Spot: 0.2% – 0.2% / P2P: ZeroFees
    Withdrawal Limits 3 BTC / 24 hours

    No KYC requirements

    AgoraDesk is a peer to peer crypto exchange designed for true anonymity. This exchange offers a variety of benefits over LocalBitcoin & even Hodlhodl such as cash by mail, no KYC, noJS mode, Tor, and I2P and not even email is needed for registering. The platform is by far one of the most secure places to purchase & sell Bitcoin anonymously.

    Trading Fees 1%
    Withdrawal Limits No limits

    HodlHodl - Find Crypto Exchanges Online.
    No KYC requirements

    HodlHodl is a peer to peer non-custodial Bitcoin exchange meaning they do not hold user’s funds. They provide escrow service by creating a multi-signature wallet between the users. However, users can also connect and trade in their own terms such as meeting in person use cash and so on. This is very similar to LocalBitcoins, yet they do not force you to fill KYC details, therefore giving you the option to stay anonymous.

    Trading Fees 0.6% Shared between both parties.
    Withdrawal Limits No limits
    Discount Link Get discounted trading fees of 0.55%

    No KYC requirements

    LocalCoinSwap is a peer to peer trading exchange connecting people all around the world to buy and sell over 20+ different cryptocurrencies including Bitcoin, Ethereum, Dash Monero, and Tether. LocalCoinSwap has over 250+ payment methods and doesn’t require KYC documents.

    Trading Fees 1%
    Withdrawal Limits No limits
    Discount Link Receive a 10% discount on fees!

    Paxful
    KYC is required + US Customer Friendly

    Paxful is a Peer to Peer exchange connecting buyers and sellers with over 300 payment methods to choose from. You can buy bitcoins with bank transfer, gift cards, Paypal, cash and much more.

    Trading Fees Depends on market
    Withdrawal Limits Unlimited

    LocalBitcoins
    KYC is required

    LocalBitcoins is a company based in Helsinki, Finland, founded in 2012. It is a peer-to-peer marketplace and largest of it’s kind. It connects buyers and sellers to trade Bitcoins either with cash or via bank deposit.

    Trading Fees 1%

    KYC is required

    CoinCola is a peer to peer cryptocurrency OTC trading desk that lets users exchange their assets fast, and securely using escrow services. The platform has a variety of payment methods and is also well known for its gift card trading, which the company puts great focus on.

    Trading Fees Spot: 0.1% – 0.1% / OTC: 0.7% for advertisers

    No KYC requirements

    Redeeem is gift card focused peer to peer trading platform. The exchange lets anyone purchase gift cards with discounts of up to 30%. The platform is available in over 200 countries and has its own currency “Redeeem Credits” which can be obtained using over 20 different cryptocurrencies.

    Bisq

    Bisq is the world’s first fully decentralized peer to peer fiat exchange. This platform is quite literally one of the most advanced in the industry, as it lets anyone trade Bitcoin with national currencies and without even needing to register an account.

    Trading Fees 0.001 BTC  – 0.001 BTC

    No KYC requirements

    LocalCryptos is a fast, no middleman, noncustodial peer-to-peer cryptocurrency exchanges where users exchange between each other with their own terms using various payment methods.

    Trading Fees Escrow fees are 0.25% if you post an offer or 0.75%

    No KYC requirements

    WallofCoins is a peer to peer marketplace for Bitcoin where users are mainly focused on transacting between various banks.

    Trading Fees Spot: 0.050% – 0.100% / Derivatives: -0.020% – 0.060% + Discounts
    Withdrawal Limits Unlimited

    No KYC requirements

    Totalcoin is a simple HongKong based peer to peer exchange and online hot wallet service provider. The platform can be used to transact with other users by posting advertisement offers for buying and selling Bitcoins. Totalcoin service is KYC free but does require a phone number.

    Trading Fees 1%

    No KYC requirements

    CryptoGem is a peer-to-peer cryptocurrency trading platform for gift cards, cash, and bank transfers. The platform doesn’t require you to reveal your ID documents if you don’t want to.

    Trading Fees 0.9%
    Withdrawal Limits No limits

    No KYC requirements

    Bitzlato is a peer to peer cryptocurrency platform that combines multiple services. Some of these services include p2p exchange, automated telegram bot, merchant, and hot wallet. The platform also uses a variety of payment methods and doesn’t require verification.

     

    Trading Fees 0.5%
    Withdrawal Limits No limits

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