P2P OTC Exchanges (e.g., Bisq, HodlHodl, LocalCoinSwap, etc.)

Mar 19 · 4 min read

There are a number of person-to-person (P2P) over-the-counter (OTC) exchanges where Bitcoins can be bought and/or sold — with cash (💵), or online using a bank account or other payment method.

P2P OTC Exchange

Altcoin-only P2P Trading exchanges

Aggregator/Search and Helper Sites

Note: If you use one of the above P2P OTC trade “matchmaking” services, please trade with caution and do your own due diligence.

This list does not include exchanges not in English (e.g., 58Coin), deserted or defunct marketplaces (e.g., Cancoin), not-yet launched (e.g., OTCBoss, Zismo.io), ones that operate only through dark markets, or online-only DEX/decentralized exchanges.

Also, there are a number of variants that don’t fit the P2P OTC exchanges category:

Categories of P2P OTC

Even within the P2P OTC Exchanges category there are sub-categories: (Credit goes to Dave F of OTCBoss for describing the different categories and attributes.)

KYC’d OTC — P2P marketplaces (website, w/ escrow)

Impure OTC — P2P marketplaces (website, w/ escrow)

DEX/Decentralized P2P Exchanges (no website, mostly crypto-to-crypto)

Pure OTC — Global P2P network of brokers (no website)

  • OTCBoss (Technically P2P, but initially will be just B2B/Broker-to-broker)

Protect Your Privacy

One reason some people prefer to use a P2P OTC marketplace to buy and sell Bitcoin using cash (in-person/face-to-face) is to protect their privacy. But that’s just part of the solution. The following provide more information on how to protect your privacy when using Bitcoin:

[Update: Added in March 2019: Bitzlato, Payfair, TotalCoin, SwapN>Go, and Dether. April 2019: FastBitcoins, BitNob, Local Lightning, r/Cash4Cash and r/GiftCardExchange. May 2019: r/BitMarket, Bittylicious, BuyCrypto.Today, BitIreland, CryptoVoucher.io, and CoinCola. June 2019: BitHalo, OTCBTC, and KuCoin. July 2019: Counter.Network. August 2019: Coinected, and CryptoMap.me. September 2019: BuyCoins. October 2019: AgoraDesk. Removed MoonTrade. November 2019: Local Cryptos, and removed Local Ethereum.]

Additions, corrections, and other feedback welcome and can be submitted via e-mail, or in the corresponding post on Reddit.

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