BasicSwap vs Peer
It is a trade-off. Peer has the higher Safety grade (7.0 against 6.4), while BasicSwap has the higher Privacy grade (9.2 against 7.3).
BasicSwap
Self-hosted cross-chain DEX using atomic swaps for Bitcoin, Monero and more
Privacy
9.2/ 10
Excellent
Safety
6.4/ 10
Fair
ID never required KYC 0 Docs reviewed Full review →
Peer
P2P fiat on/off-ramp settling through smart-contract escrow and payment-app proofs
Privacy
7.3/ 10
Strong
Safety
7.0/ 10
Strong
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| BasicSwap | Peer | |
|---|---|---|
| Category | P2P Exchanges | P2P Exchanges |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | Yes |
| Tor onion address | No | No |
| Coins | BTC, XMR, LTC, PART, FIRO, DASH | USDC, ETH, SOL, BTC, USDT |
| Pay with | Crypto, Monero | PayPal, Bank transfer |
| Fees | Not published | Up to 0.95% taker service fee; up to 0.5% bridge fee when bridging to another chain |
| Limits | Not published | Order sizes depend on each seller's configured range and available liquidity |
| Jurisdiction | Decentralised / none | United States (terms governed by California law) |
| Not available in | Not published | Sanctioned persons and jurisdictions are excluded by the terms |
| Incidents on record | 1 | 0 |
| Published tests (180 days) | 0 | 0 |
Only BasicSwap
No email neededNo phone neededAccepts MoneroSelf-hostable
Both
No registrationOpen sourceNon-custodial
Only Peer
Nothing distinct
Where they sit among p2p exchanges
Questions
Is BasicSwap or Peer safer?
Peer has the higher Safety grade: BasicSwap 6.4, Peer 7.0, out of 10.
Does BasicSwap or Peer require KYC?
BasicSwap is KYC level 0 (ID never required). Peer is KYC level 1 (no ID mentioned).
Which has more incidents on record?
BasicSwap has 1 and Peer has 0 documented incidents in the registry.