Open-source desktop P2P exchange for bitcoin with no registration
Privacy 9.3
Safety 8.0
P2P Exchanges Reviewed 22 Oct 2026
Peer review
P2P fiat on/off-ramp settling through smart-contract escrow and payment-app proofs
- No account needed
- Never holds your funds
- Open source
- No email needed
- No phone number
No ID mentioned KYC 1 Documentation reviewed
Privacy
7.3/ 10
Strong
Safety
7.0/ 10
Strong
Based on terms and documentation. No test transactions published yet. See the arithmetic
Peer review in short
Peer is a P2P exchange. Its terms put it at KYC level 1 of 4: no ID mentioned. NoKYC Score grades it 7.3/10 for privacy (strong) and 7.0/10 for safety (strong). In its favour: no account needed, no email needed and no phone number. No incidents are on record.
- Category
- P2P Exchanges
- KYC level
- 1 of 4: No ID mentioned
- Grades
- Privacy 7.3/10, Safety 7.0/10
- Sign-up
- No account needed
- Custody
- non-custodial
- Fees
- Up to 0.95% taker service fee; up to 0.5% bridge fee when bridging to another chain
- Limits
- Order sizes depend on each seller's configured range and available liquidity
- Jurisdiction
- United States (terms governed by California law)
- Incidents on record
- 0
- Last reviewed
- 22 Oct 2026
Cite this review
NoKYC Score, "Peer review", reviewed 22 Oct 2026, https://nokycscore.com/service/peer-xyz
Also available as plain text.
What Peer is
Peer, formerly ZKP2P, is a peer-to-peer on-ramp and off-ramp: a seller locks USDC in an on-chain escrow contract, the buyer pays through an app such as Venmo, Revolut, Wise or PayPal, and a cryptographic proof of that payment releases the funds. The terms from P2P Labs describe the products as purely non-custodial and are governed by California law. The site says no additional identity verification is required beyond connecting a wallet or signing in with email or a social account, and that only the payment amount, recipient and timestamp are shared. The payment apps used are themselves identity-verified accounts held with third parties. The contracts are published under an MIT licence.
What Peer offers, and what to watch
5 of 16 privacy and safety features, 0 warnings in its terms.
"Not stated" means its own pages do not say.
Identity
- ID never required Not stated
- No account needed Yes Usable without creating an account, or the account is only a random number.
- No email needed Yes An email address is not required to sign up or use it.
- No phone number Yes A phone number is never required.
Payment
- Accepts Monero Not stated
- Accepts Lightning Not stated
- Accepts cash Not stated
Access
- Tor onion address Not stated
- Works without JavaScript Not stated
Trust
- Never holds your funds Yes The operator never controls user funds, so it cannot freeze them.
- Refund without ID Not stated
- Escrow it cannot spend alone Not stated
- Open source Yes The code that matters is public and can be inspected.
- Independent audit Not stated
- Company named Not stated
- 5+ years operating Not stated
Warnings
- May ask for ID Not in terms
- Screens deposits Not in terms
- Holds your funds Not in terms
- Email required Not in terms
- Phone number required Not in terms
- Closed source Not in terms
- Nobody accountable Not in terms
Does Peer require KYC?
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
KYC level 1: No ID mentioned. No identity requirement appears anywhere in the terms or documentation.
FAQ: 'No additional verification is required. You connect a wallet and use your existing payment apps'; the terms contain no identity-verification clause.
How the grades add up
Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.
Privacy
7.3- Starting points 50
- KYC level 1: No ID mentioned +12
- Non-custodial +3
- Open source +2
- No registration +6
- Total, clamped to 0–100 73
Safety
7.0- Starting points 50
- Non-custodial +12
- Open source +8
- Total, clamped to 0–100 70
Test ledger
Real transactions run by our editors. A badge without a ledger is an assertion; this is the proof.
No test transactions published yet
The grades above rest on Peer’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.
Incidents on record
No incidents are on record for Peer. If you have a documented case, report it.
User reviews
Reviews never change a grade. Reviews with a transaction reference are marked.
No reviews yet.
Write a review
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Peer: common questions
Does Peer require KYC?
Peer is rated KYC level 1 of 4 on this site: no ID mentioned. FAQ: 'No additional verification is required. You connect a wallet and use your existing payment apps'; the terms contain no identity-verification clause.
Is Peer safe to use?
Peer has a Safety grade of 7.0 out of 10 and a Privacy grade of 7.3 out of 10. No incidents are on record. Evidence level: documentation reviewed.
Is Peer legit?
Peer is a working P2P exchange. Being real is not the same as being safe: its Safety grade here is 7.0 out of 10, built from custody, liquidity, track record and incidents.
Is Peer a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for Peer.
Do I need an account or email to use Peer?
No account needed.
What fees does Peer charge?
Up to 0.95% taker service fee; up to 0.5% bridge fee when bridging to another chain. Fees were recorded from Peer's own pages and can change; check before you send.
What are Peer's limits?
Order sizes depend on each seller's configured range and available liquidity.
Does Peer have a Tor onion address?
No official onion address was found on Peer's own pages.
Which cryptocurrencies does Peer support?
Peer supports USDC, ETH, SOL, BTC, USDT, and fiat payments in USD, EUR, GBP, CNY, INR.
Is Peer custodial?
No. Peer is non-custodial: the operator does not control user funds.
Can I use Peer over Tor?
Peer does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.