Bisq vs Peer
Bisq has the higher grade on both axes: Safety 8.0 against 7.0, and Privacy 9.3 against 7.3.
Bisq
Open-source desktop P2P exchange for bitcoin with no registration
Privacy
9.3/ 10
Excellent
Safety
8.0/ 10
Strong
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
| Bisq | 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 | USDC, ETH, SOL, BTC, USDT |
| Pay with | Bank transfer, Cash, 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 |
| Founded | 2014 | Not published |
| 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 Bisq
No email neededNo phone neededAccepts MoneroAccepts cashMultisig or hold-invoice escrow5+ years operating
Both
No registrationOpen sourceNon-custodial
Only Peer
Nothing distinct
Where they sit among p2p exchanges
Questions
Is Bisq or Peer safer?
Bisq has the higher Safety grade: Bisq 8.0, Peer 7.0, out of 10.
Does Bisq or Peer require KYC?
Bisq is KYC level 0 (ID never required). Peer is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Bisq has 1 and Peer has 0 documented incidents in the registry.