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Best Privacy-Focused Bitcoin Exchanges of January 2026

Updated: Jan 1, 2026

Alex Lewin

Written by Alex Lewin

Founder & Director of Content

Best Privacy-Focused Bitcoin Exchanges

Robosats logo
4.6

RobosatsBest Overall

Lightning Network P2P Exchange with Maximum Privacy

Key Details

Trading Fee:
0.20%
KYC Required:
No KYC
Min. Deposit:
~$10 (Lightning)
Sign-up Bonus:
None

Pros & Cons

✓ Top Pros:

  • Maximum privacy - no registration needed
  • Lightning Network for fast trades

✗ Consider:

  • Requires Lightning Network knowledge
  • Lower liquidity
Bisq logo
4.5

BisqRecommended

Decentralized P2P Exchange for Privacy-focused Users

Key Details

Trading Fee:
~1.3%
KYC Required:
No KYC
Min. Deposit:
Varies by offer
Sign-up Bonus:
None

Pros & Cons

✓ Top Pros:

  • No KYC
  • Strong privacy

✗ Consider:

  • Higher taker fees
  • Low liquidity
lnp2pbot logo
4.5

lnp2pbotRecommended

Telegram Bot for Lightning Network P2P Trading

Key Details

Trading Fee:
0.6%
KYC Required:
No KYC
Min. Deposit:
Varies by offer
Sign-up Bonus:
None

Pros & Cons

✓ Top Pros:

  • No KYC required
  • Buyers pay no fees

✗ Consider:

  • Requires Telegram
  • Lightning Network knowledge needed

Best Privacy-Focused Bitcoin Exchanges

Our top picks based on fees, security, and user experience

Recommended
Peach Bitcoin logo
4.4

Peach Bitcoin

Mobile P2P App for Private Bitcoin Trading
Trading Fee:~1.5%
Spread:Varies by market
Sign-up Bonus:Referral sats
Mobile P2P trading
Multisig escrow
Reputation system
Recommended
Mostro logo
4.4

Mostro

Decentralized P2P Exchange on Nostr Protocol
Trading Fee:Variable
Spread:Varies by offer
Sign-up Bonus:None
Nostr protocol
Lightning Network
Fully decentralized
Recommended
Hodl Hodl logo
4.3

Hodl Hodl

P2P Exchange with No KYC
Trading Fee:0.50% - 0.60%
Spread:Varies by offer
Sign-up Bonus:None
No KYC
Non-custodial
Multi-sig escrow

Detailed Comparison

Side-by-side comparison of fees, pricing, and requirements

ExchangeTrading FeeRegionsKYCSign-up BonusReview
RobosatsRobosats0.20%GlobalNo KYCNone4.6
BisqBisq~1.3%GlobalNo KYCNone4.5
Peach BitcoinPeach Bitcoin~1.5%Global (focus on EU)No KYCReferral sats4.4
Hodl HodlHodl Hodl0.50% - 0.60%GlobalNo KYCNone4.3
lnp2pbotlnp2pbot0.6%GlobalNo KYCNone4.5
MostroMostroVariableGlobalNo KYCNone4.4

Note: Prices and fees are subject to change. Trading fees may vary based on volume. Spread represents the difference between buy and sell prices. Always verify current rates on the exchange platform before trading.

How We Chose These Exchanges

Our privacy evaluation process is rigorous. We tested each exchange using Tor browsers, analyzed their privacy policies, examined their data retention practices, and verified their security implementations. We also considered whether exchanges are custodial (they hold your funds) or non-custodial (you maintain control).

We gave higher ratings to exchanges that require no registration, support Tor access, use non-custodial trading mechanisms, and have proven track records of protecting user privacy. The exchanges below represent the most private ways to buy Bitcoin in 2025.

Frequently Asked Questions

How do we rate Bitcoin exchanges?

Our ratings are based on a comprehensive evaluation of fees, security, ease of use, customer support, and additional features. We test each exchange ourselves, making real purchases and evaluating the entire user experience from sign-up to withdrawal.

Are these exchanges safe?

All exchanges listed here have strong security track records and implement industry-standard security measures. However, no exchange is 100% risk-free. We recommend using two-factor authentication, withdrawing to your own wallet for long-term storage, and never investing more than you can afford to lose.

How often do you update these rankings?

We review and update our rankings monthly to reflect changes in fees, features, and user experience. We also update immediately if there are significant security incidents or major platform changes that affect our recommendations.

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