P2P Crypto Platforms Tracker 2026: Which Are Still Open

The short answer: the big custodial peer to peer marketplaces are gone. LocalBitcoins closed in February 2023, LocalMonero in November 2024, Paxful in November 2025 and NoOnes in August 2026. What remains open in October 2026 falls into two groups. The open source, non custodial networks (Bisq, RoboSats, RetoSwap) still never ask for identity, but every one of them halted trading at least once this year. The apps run by a company (Hodl Hodl, Peach) still work, but both added new compliance checks in the last two months. The large exchanges' P2P desks are open to anyone who has passed their full identity check.

This page is a tracker, not a ranking. For each platform we log its status, how it holds money during a trade, whether it asks for ID, and the dated events that changed things for its users. Last full check: October 29, 2026. The full table is published as a free dataset at /data/p2p-platforms.json.

One disclosure. We run CoinVast, an instant swap service. We are not a peer to peer platform and we are not on this list. People often weigh a P2P trade against an instant swap, which is why we keep this tracker, and the sections below say plainly where P2P is the better tool.

P2P platforms by the numbers

• 4: large custodial P2P marketplaces that have closed since February 2023: LocalBitcoins, LocalMonero (with its sister site AgoraDesk), Paxful and NoOnes. LocalCryptos wound down a few months before them, in November 2022.
• 3: platforms on this page that have never asked for identity and say in their terms they never will: Bisq, RoboSats and RetoSwap.
• 3 of 3: of those same networks, the number that stopped trading at least once in 2026, after a protocol exploit, a security audit or a site outage.
• About 7,000 XMR: what attackers took from RetoSwap users mid trade on May 20, 2026, roughly $2.7 million at the time. The coins were not recovered.
• About 11 BTC: what an exploit of the Bisq 1 protocol took from around 10 users on May 1, 2026. The Bisq DAO reimbursed them.
• 600 US dollars: the most a single Bisq Easy trade can be worth, and only for sellers with enough reputation.
• CHF 1,000 a day: the cap Peach applies to trades by users who have not registered with ID, set by Swiss law.

The tracker

Status is as of October 29, 2026. "Custodial" means the platform itself holds the coins or the escrow during a trade. "Non custodial" means the coins sit in a multisig or a Lightning hold invoice that the platform cannot spend alone.

Who closed, and why

The pattern is plain once the closures sit in one list. Every large marketplace that held customer money in its own wallet has closed, and the stated reasons moved from markets to law.

LocalCryptos (October 2022) started life as LocalEthereum in 2017 and announced its wind down on its fifth birthday. The team pointed to market conditions and to internal and external factors that kept a small team from reaching its goals. New accounts stopped on November 4, 2022 and new trades on November 18.

LocalBitcoins (February 2023) was the original P2P bitcoin market, running for a decade from Finland. It announced its closure on February 9, 2023, blamed a "very cold crypto winter", stopped trading on February 16 and gave users twelve months to withdraw. By then it had required identity checks for years, so the closure was not about privacy at all.

LocalMonero and AgoraDesk (May to November 2024) were the main venue for buying Monero for cash or bank transfer after exchanges began delisting it. The operators announced the closure on May 8, 2024, citing internal and external factors, turned off new registrations and new ads that day, and took the site down on November 7, 2024. Funds left in arbitration bond wallets after that date risked being treated as abandoned. Our Monero delisting tracker logs it with the exchange exits around it.

Paxful (October 2025) was once the leading P2P market in Africa. It announced its wind down on October 1, 2025, set November 1 as the withdrawal deadline and blamed the misconduct of its former co founders and the cost of compliance, saying it was not insolvent. Accounts with balances were moved to a withdrawal only service that can charge a monthly maintenance fee until the money is out. On February 12, 2026 Paxful announced that the US Justice Department had formally resolved its investigation.

NoOnes (August 2026) was the platform Paxful's former co founder Ray Youssef led after leaving Paxful. On January 1, 2025 it lost about $8 million through an exploit of its Solana bridge, which it disclosed weeks later after an on chain investigator flagged it. On July 23, 2026 the EU listed NoOnecrypto INC. among 14 crypto platforms in its 21st sanctions package against Russia, which bars EU persons from doing business with them. Partners left, blockchain monitoring firms marked its wallets as high risk, and NoOnes stopped trading on August 21, 2026. It told users to withdraw by August 23, the day the EU ban took effect, and kept a withdrawal only service running after that. Our crypto sanctions tracker lists the full package.

What is still open, and how each one holds your money

The platforms that survive share one design choice: either nobody holds the coins during a trade, or the platform is a licensed company that checks who you are. Each has paid for its choice in 2026.

Bisq

Bisq is a desktop app and an open source network that began as Bitsquare in 2014, with no company behind it and a DAO that pays contributors. Bisq 1 handles bitcoin against fiat and against altcoins, Monero included, with both sides posting a security deposit into a multisig. Bisq 2, launched in 2024, starts with Bisq Easy, where a buyer with no history can buy from a seller who has built reputation, in trades worth the equivalent of 6 to 600 US dollars.

2026 was rough. On May 1 an attacker exploited a bug in the Bisq 1 trade protocol and took about 11 BTC from roughly ten users, mostly on altcoin trades. The bug was patched in version 1.10.0 and the DAO reimbursed the people affected. On July 1 trading on Bisq 1 was halted after a security audit found several issues, three of them critical, and it reopened with version 1.10.4 on July 24. Altcoin trading, Monero included, was disabled again for two days in August because of a bug in a later release. A string of required updates followed through October.

RoboSats

RoboSats runs over Tor only and settles on the Lightning Network. Each trade gets a fresh robot identity that disappears afterward, and both sides lock a bond in a Lightning hold invoice that is returned when the trade completes. It never asks for identity and has no account to create. The trade sizes are small by design, because a Lightning payment can only be as large as the channels along its route. Its website and onion address were down from June 11 to July 5, 2026, and a clearnet address it used earlier stopped working in January 2025.

RetoSwap, built on Haveno

Haveno is an open source exchange built for Monero, a fork of Bisq rebuilt around Monero multisig. RetoSwap, renamed from Haveno reto in November 2024, is the best known network running it and one of the places former LocalMonero users went.

On May 20, 2026 an attacker exploited a flaw in the Haveno trade protocol, impersonating arbitrators while the multisig wallets were being set up, and drained about 7,000 XMR, around $2.7 million, from trades in progress. RetoSwap blocked the attacker's onion address and halted trading within minutes. The coins were not recovered. On June 17 trading stopped again after a second flaw, this time in dispute resolution, and resumed on June 20 with a fixed release. RetoSwap's terms say it will never ask for identity, and its downloads page shows trading open.

Hodl Hodl

Hodl Hodl is a company that has run a bitcoin P2P market for years, with each trade locked in a two of three multisig so the platform cannot move the coins alone. It does not ask for ID at signup, but it is no longer the hands off service it was. Its terms say it may ask for identity or source of funds, and on September 18, 2026 it announced AML checks on every bitcoin sent into its escrow, which it calls security scoring. Users caught by a check can sit in a review. It is blocked in the US, Russia and sanctioned regions.

Peach Bitcoin

Peach is a Swiss mobile app under the oversight of Switzerland's anti money laundering rules. Users who have not registered with ID can trade up to CHF 1,000 a day and CHF 100,000 a year, the limits Swiss law sets. On August 31, 2026 Peach announced that selling is now limited to users who have passed identity checks, long standing sellers and sellers with no disputes, and that Peach itself would no longer sit in the escrow, a change it called temporary while a regulatory review runs. It is not available in the US or China.

Vexl

Vexl, backed by SatoshiLabs, the company behind Trezor, works like a contact list: you see offers from people in your phone contacts and their contacts, then meet or pay outside the app. Its terms do not mention identity checks and its company does not hold coins at any point, but you need a phone number, some sellers ask for ID themselves, and every trade's safety depends on the person you meet. It is not listed on Apple's App Store, so iPhone users rely on TestFlight places or EU sideloading.

The exchanges' P2P desks

Binance P2P, Bybit P2P and the other big exchange desks are open and liquid, but they are P2P in name only for privacy. Binance's P2P policy requires real name verification, and Bybit has required identity checks for every product since May 8, 2023. The exchange holds the coins in escrow, so a compliance flag can freeze the trade and the account behind it. They are useful for turning local currency into stablecoins quickly, and of no help if the point was to avoid handing over a passport.

What the closures mean if you trade P2P

Custody predicted who closed. Every marketplace that held user funds in its own wallets has closed. The ones still open either never hold the coins or are licensed companies that check identity. If a P2P platform holds your balance and does not ask who you are, assume the clock is running.

Non custodial does not mean risk free. Bisq and RetoSwap both lost user money to protocol exploits in 2026, and both halted trading. The difference is that nobody could freeze your balance for compliance reasons, and Bisq's DAO paid its users back. RetoSwap's users were not repaid.

Sanctions can end a platform in four weeks. NoOnes went from an EU listing on July 23 to the end of trading on August 21. Users outside the EU were not covered by the ban, but the platform closed for everyone once its partners and monitoring firms walked away.

Withdrawal only is not the same as safe. Paxful and NoOnes both kept withdrawal only services running after trading ended, and Paxful charges maintenance fees on what is left. If a platform announces a wind down, withdraw first and read the details later. Our exchange shutdown tracker shows how these timetables usually play out.

When P2P is the right tool, and when a swap is

P2P is the only way to swap cash or a bank payment for crypto without an exchange account, and nothing else on this page replaces that. If you are starting from fiat and want no identity check, Bisq, RoboSats or a local trade on Vexl are the honest options, with small sizes and patience.

If you already hold crypto and want a different coin, P2P is the slow road. A Bisq or RetoSwap trade involves a counterparty, a deposit, waiting for the other side and sometimes a dispute. An instant swap moves crypto to crypto in one payment with no counterparty to wait on. That is where a service like ours fits: BTC to XMR or XMR to BTC with no account, at a rate locked when you create the order. We screen each deposit before the swap starts, and a deposit that fails comes straight back to your refund address. We are not a P2P market and we do not take fiat.

How to vet a P2P platform before you trade

1. Find out who holds the coins during the trade. A multisig or a Lightning hold invoice limits what the platform can do with your money. A platform wallet does not.
2. Read the terms for the words "may request". Hodl Hodl, Peach and the exchange desks all reserve the right to ask for identity or source of funds. Plan for it.
3. Check the incident history. Bisq, RetoSwap and NoOnes all had incidents in the last two years, and kycnot.me logs most of them by date.
4. Start small. A first trade under the platform's no ID limit tells you how disputes, timing and support work before your size depends on it.
5. Keep your own records. P2P trades leave fewer receipts than an exchange. A coin to coin trade can still be taxable, and our guide to crypto tax on swaps explains what to keep.

Frequently Asked Questions

What happened to LocalMonero?

LocalMonero and its sister site AgoraDesk announced their closure on May 8, 2024, citing internal and external factors, and stopped new registrations and ads that day. The site was taken down on November 7, 2024, and users were told to reclaim any funds in arbitration bond wallets before then. Most of its users moved to RetoSwap and other Haveno networks, to Bisq, or to instant swap services.

Is Paxful still open?

No. Paxful announced on October 1, 2025 that it was winding down, set November 1, 2025 as the withdrawal deadline and blamed its former co founders' misconduct and the cost of compliance. Accounts that still hold a balance were moved to a withdrawal only service that can charge a monthly maintenance fee until the funds are withdrawn.

Why did NoOnes shut down?

The EU named NoOnecrypto INC. in its 21st sanctions package against Russia on July 23, 2026, which bars EU persons and companies from doing business with it. Payment partners left and blockchain monitoring firms marked its wallets as high risk. NoOnes stopped trading on August 21, 2026, asked users to withdraw by August 23 and kept a withdrawal only service running after that.

Which P2P platforms do not require KYC in 2026?

Bisq, RoboSats and RetoSwap say in their terms that they will never ask for identity, and none of them hold your coins during a trade. Vexl's terms do not mention identity checks, though some sellers ask. Hodl Hodl and Peach can ask for identity or source of funds, and Peach now limits selling to verified or long standing users. Binance P2P and Bybit P2P require a full identity check first.

Is Bisq safe after the 2026 exploit?

Bisq patched the May 1, 2026 exploit, its DAO reimbursed the roughly ten users who lost about 11 BTC, and it reopened Bisq 1 trading on July 24 after fixing the issues a security audit found. No platform is free of risk, and Bisq's design means nobody can freeze your trade for compliance reasons. Keep your client updated, because several 2026 releases were required to keep trading.

Is RetoSwap safe to use?

RetoSwap resumed trading on June 20, 2026 with a release that fixed the second flaw found that month. The May 20 exploit cost users about 7,000 XMR that was not recovered. RetoSwap never asks for identity and does not hold your coins, but its protocol had two serious bugs in one month. Trade small amounts, keep the client current and watch its announcements.

Can I buy Monero P2P without ID?

Yes. RetoSwap and other Haveno networks are built for Monero, and Bisq 1 trades Monero against bitcoin. Neither asks for identity. If you already hold bitcoin or another coin, an instant swap to XMR is faster and needs no counterparty, though the swap service briefly handles your coins.

Cite this data

• Stable page URL: https://coinvast.io/articles/p2p-crypto-platforms-tracker
• Machine readable dataset: /data/p2p-platforms.json, one record per platform with status, model, identity policy, coins, dated events and source links. CORS is open.
• Last full check: October 29, 2026. The page and the JSON update together.
• Suggested citation: CoinVast, "P2P Crypto Platforms Tracker 2026: Which Are Still Open," coinvast.io, October 29, 2026.

Sources and method

A platform enters this tracker if it was or is one of the main places people trade crypto peer to peer, by reputation or user base. We use each platform's own announcements and terms where we can read them, established crypto press for closures and exploits, the EU's sanctions publications for NoOnes, and the dated event logs on kycnot.me for identity policy changes, each linked in the dataset. Where a figure differs between sources, such as the size of an exploit, we use the figure most sources agree on and say so in the dataset notes. Status is checked against each platform's live site.

The other trackers

• Crypto sanctions tracker: every US and EU sanctions action against crypto exchanges, mixers and P2P platforms since 2021.
• Exchange shutdown tracker 2026: which exchanges are closing or leaving a market, with exact withdrawal deadlines.
• Monero delisting tracker: who still lists XMR and who dropped it.
• Exchange frozen funds tracker: freezes by policy rather than theft, with how long each type usually lasts.