Peach Review
No-KYC peer-to-peer Bitcoin trading with multisig escrow and a slick mobile experience.
Why We Recommend Peach
Peach delivers what privacy-conscious Bitcoiners actually want: the ability to stack sats without handing over identity documents. The app connects you directly with other users through 100+ payment methods—SEPA transfers, Revolut, cash at meetups, gift cards, and dozens of local options—while keeping your Bitcoin in a proper self-custodial wallet where you control the 12-word seed. Trades complete in about 9 minutes on average, secured by a 2-of-2 multisig escrow that only releases funds when both parties confirm. The interface is genuinely enjoyable to use, with a playful design that makes P2P trading feel approachable rather than intimidating.
As a licensed Swiss Financial Service Provider, Peach operates within a clear regulatory framework while still protecting user privacy—your data stays local on your device with only hashes sent to servers. The source code is now verifiable under MIT-CC license, addressing earlier concerns about transparency. Sellers pay zero fees, and the non-custodial design means Peach never holds your Bitcoin outside of escrow. The reputation system via PeachID helps you identify reliable trading partners, and 24/7 dispute resolution provides a safety net when trades go sideways. No major security incidents have been reported since launch.
Best For
Privacy-focused beginners who want to accumulate Bitcoin without creating a permanent KYC trail will find Peach ideal. The intuitive mobile app removes the complexity that makes other P2P platforms feel daunting, while the self-custodial wallet with UTXO management and coin control gives you real ownership from day one. If you're stacking smaller amounts regularly and value clean, KYC-free coins for better fungibility, this is your on-ramp.
European users benefit most from deep SEPA integration and strong Euro liquidity, but Peach has expanded aggressively into Latin America, Africa, and Asia with localized payment methods. Cash traders who attend Bitcoin meetups can use Peach to facilitate in-person transactions with escrow protection. The app supports multiple languages and accommodates regional payment preferences that centralized exchanges ignore.
More experienced users will appreciate advanced features like custom transaction fees, address verification, and Nostr integration for social coordination. While liquidity constraints make Peach unsuitable for large purchases, it excels as a privacy-preserving tool for regular DCA or occasional buys when you want coins without an identity paper trail.
Services & Features
Considerations
Mobile-only with no web or desktop client. Liquidity is limited for trades above 500k sats, and buyer fees around 2% are higher than centralized exchanges. Not available in the US, China, or sanctioned countries, and USD payment options remain sparse.
