Dawnswap vs Hodl Hodl
It is a trade-off. Hodl Hodl has the higher Safety grade (7.0 against 6.6), while Dawnswap has the higher Privacy grade (9.7 against 6.0).
Dawnswap
Independent Haveno network for peer-to-peer Monero trading over Tor
Privacy
9.7/ 10
Excellent
Safety
6.6/ 10
Fair
ID never required KYC 0 Docs reviewed Full review →
Hodl Hodl
Web-based P2P bitcoin trading with 2-of-3 multisig escrow
Privacy
6.0/ 10
Fair
Safety
7.0/ 10
Strong
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Dawnswap | Hodl Hodl | |
|---|---|---|
| Category | P2P Exchanges | P2P Exchanges |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | Email required |
| Open source | Yes | No |
| Tor onion address | Yes | No |
| Coins | XMR, BTC, ETH, LTC, BCH, USDT, USDC, DAI | BTC |
| Pay with | Monero, Crypto, Bank transfer, Cash | Bank transfer, Cash, Gift card |
| Fees | Maker 0%, taker 0.4% | 0.75% per party (up to 1.5% per trade); 0.5% for referred users |
| Limits | Minimum trade and deposit 0.02 XMR; minimum security deposit 5% | Minimum 0.00025 BTC; maximum 1, 2 or 5 BTC per trade by account level |
| Jurisdiction | Decentralised / none | Not published |
| Incidents on record | 0 | 1 |
| Published tests (180 days) | 0 | 0 |
Only Dawnswap
No registrationNo email neededTor onion serviceAccepts MoneroAccepts cashOpen sourceAnonymous operator
Both
No phone neededNon-custodial
Only Hodl Hodl
Multisig or hold-invoice escrowLegal entity disclosedRequires emailClosed source5+ years operatingRuns an affiliate programme
Where they sit among p2p exchanges
Questions
Is Dawnswap or Hodl Hodl safer?
Hodl Hodl has the higher Safety grade: Dawnswap 6.6, Hodl Hodl 7.0, out of 10.
Does Dawnswap or Hodl Hodl require KYC?
Dawnswap is KYC level 0 (ID never required). Hodl Hodl is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Dawnswap has 0 and Hodl Hodl has 1 documented incident in the registry.