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Private, non-custodial P2P exchange for seamless crypto and fiat trading. Built on Haveno, Tor and Monero for maximum privacy and security.
RetoSwap is an exchange and p2p service that accepts Monero, Bitcoin, Fiat, and Cash. It has a guaranteed no-KYC policy and has a score of 9/10. There are 22 user ratings averaging 4.6/5.
Scores
- Guaranteed no KYC
- Terms explicitly state KYC will never be requested.
The service is a locally run client that lacks the technical capability to verify identities. Furthermore, its trading rules actively penalize users who demand unnecessary ID copies from counterparties.
- Refunds do not require KYC +5 +5
The refund process of these services does not require the completion of a Know Your Customer (KYC) procedure or the disclosure of personal information.
The refund process of these services does not require the completion of a Know Your Customer (KYC) procedure or the disclosure of personal information.
+5 Privacy+5 Trust
- Guaranteed no KYC +25 0
Terms explicitly state KYC will never be requested.
- Non-custodial wallet +3 +5
A non-custodial wallet is a type of crypto wallet where the user holds and manages the private keys to the wallet and the assets in custody. The user is responsible for safeguarding their funds, and they are the only ones with access to their private keys. Using a non-custodial wallet requires no trust in any institution.
A non-custodial wallet is a type of crypto wallet where the user holds and manages the private keys to the wallet and the assets in custody. The user is responsible for safeguarding their funds, and they are the only ones with access to their private keys. Using a non-custodial wallet requires no trust in any institution.+3 Privacy+5 Trust - Open source code 0 +7
The source code of the service is publicly available and licensed as open-source. This allows the community to audit the service, though it doesn't guarantee security or quality.
The source code of the service is publicly available and licensed as open-source. This allows the community to audit the service, though it doesn't guarantee security or quality.
0 Privacy+7 Trust - Peer to peer network +2 +5
A peer-to-peer network is a decentralized networking model where individual computers (peers) directly connect and share resources or data with each other, rather than through a central server.
A peer-to-peer network is a decentralized networking model where individual computers (peers) directly connect and share resources or data with each other, rather than through a central server.
+2 Privacy+5 Trust - Escrow available 0 +6
Escrow is a secure method where a trusted third party holds funds during peer-to-peer transactions, releasing them only when both parties fulfill their agreed terms. For safety, always verify transaction details and trust the escrow service. However, you have to trust the escrow service throughout the process.
Escrow is a secure method where a trusted third party holds funds during peer-to-peer transactions, releasing them only when both parties fulfill their agreed terms. For safety, always verify transaction details and trust the escrow service. However, you have to trust the escrow service throughout the process.
0 Privacy+6 Trust - Accepts Monero +5 0
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
+5 Privacy0 Trust - No registration needed +5 0
Users can access and use the service without creating an account. This enables a faster and more convenient user experience while also offering enhanced privacy and anonymity.
Users can access and use the service without creating an account. This enables a faster and more convenient user experience while also offering enhanced privacy and anonymity.
+5 Privacy0 Trust - Decentralized network 0 +5
A decentralized network is a system where data, control, and decision-making are distributed across multiple independent nodes, rather than being managed by a single central authority.
A decentralized network is a system where data, control, and decision-making are distributed across multiple independent nodes, rather than being managed by a single central authority.
0 Privacy+5 Trust - Approved 0 +5
Passed limited recent checks and met our approval threshold. Read more about the listing statuses.
Passed limited recent checks and met our approval threshold. Read more about the listing statuses.
0 Privacy+5 Trust - Peer to peer market 0 +4
Peer-to-peer marketplaces are online platforms where unknown people can trade goods, cryptocurrencies and services directly from each other, without the need for intermediaries like traditional retailers or service providers.
Peer-to-peer marketplaces are online platforms where unknown people can trade goods, cryptocurrencies and services directly from each other, without the need for intermediaries like traditional retailers or service providers.
A peer-to-peer market can be centralized, so do not confuse this with peer to peer networks.
0 Privacy+4 Trust - Base score +50 +50
Overall = 60% Privacy + 40% Trust (Truncated)
Terms of Service Review
RetoSwap is an open-source, non-custodial P2P decentralized exchange that runs on Tor. It facilitates fiat-to-crypto trades using a multisig escrow and arbitration system without requiring KYC.
Non-custodial escrow
RetoSwap never takes custody of funds. Monero is held in a non-custodial multisig escrow during the trade.
Peer data minimization
Traders are subject to a 10% penalty for demanding excessive personal data from a peer beyond what is strictly necessary for the payment method, such as ID copies or proof of address.
Bank censorship protection
Buyers face a 25% penalty for using crypto-related terms (e.g., 'XMR', 'RetoSwap') in fiat payment references, which protects peers from banking censorship and account closures.
Real name required
When using fiat transfer methods, the details entered in RetoSwap must match the real data on the fiat account. Paying from an account with a mismatched name incurs a penalty.
Security deposit slashing
RetoSwap uses an integrated arbitration system where rule violations (like fraud, chargebacks, or unwarranted cancellations) result in slashing the offending user's security deposit.
Reviewed from retoswap.com/#faq retoswap.com/Trading%20Rules.html retoswap.com/Penalties%20and%20Resolutions.html
ToS reviews are AI-generated and should be used as a reference only.
Events
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From to
SolvedResolved: RetoSwap Protocol ExploitSource7,000 XMR ($2.7M) stolen on May 20 via Haveno protocol flaw (fake arbitrator messages). Trading halted immediately. Patch released (v1.5 / v1.6.0-reto) with identity verification fixes. Trading resumed. Do not use older versions. Affected users: wallet backups still recommended for potential recovery. -
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Attribute "Decentralized network" was added to RetoSwap
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Attribute "KYC depends on partners" was removed from RetoSwap
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Attribute "KYC depends on partners" was added to RetoSwap
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Attribute "Strict no-log policy" was removed from RetoSwap
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An attribute was removed (details unavailable)
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Attribute "Peer to peer network" was added to RetoSwap
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Attribute "Personal info is not verified" was removed from RetoSwap
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Attribute "Source available code" was removed from RetoSwap
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Attribute "Identity-Free registration" was removed from RetoSwap
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Attribute "Mature service" was added to RetoSwap
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Attribute "No registration needed" was added to RetoSwap
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Attribute "Strict no-log policy" was added to RetoSwap
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Verification update
Verification status changed from COMMUNITY_CONTRIBUTED to APPROVED
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Service updated
KYC level changed from 4 to 0. Added currencies: CASH, MONERO
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Attribute "No registration needed" was removed from RetoSwap
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Attribute "API available" was removed from RetoSwap
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Attribute "Peer to peer network" was removed from RetoSwap
Evidence and Review History
Passed limited recent checks and met our approval threshold.
- No review checks have been published yet
- Last review Jan 13, 2025
- Approved Jan 13, 2025
Comments
I have used RetoSwap in the past and have had transaction that went well and also recently these decentralised exchanges have been facing exploits which are being abused just to alert anyone most likely more exploits will be used in the future take care and who knows maybe governments are targeting these decentralised exchanges just a theory
An exploit was recently found in Haveno. As a result, the minimum software version for Retoswap has been updated to a non existent version to disable all trading until a patch is released.
If you are a "normal user", hear me out. I´ve been discovering Monero only a few months back, and it honestly has been a revelation to me. I am what u prob would call "normie" in many respects, plus sitting in the EU, so finding time not only to read up on opportunities, but then executing them was difficult. Never had used Tor before, P2P I only know from ebay. RetroSwap was not the easiest software to install, but I dedicated a day, plus another one to fight with SimpleX (to contact arbitrators etc), and find out about nostr and such. Now I´ve done my first 10 trades or so buying XMR, and for most part, it´s been working perfectly. When I did face my first issue over Easter (be aware you only have 48h to reply!) we found a solution. I don´t mind thin liquidity, as all trades are not time sensitive with me and you do find a counterparty in the end. Can´t assess the privacy claims as I am, like I said, just a normal guy, doing IBAN transfers. Also not out to hide anything, but privacy is a human right and I intend to not give it up for anyone. I do believe P2P is the future, and happy to recommend RetoSwap.
Most useful DEX P2P platform to us. TOR sync is sometimes slow, but still very reliable solution. Waiting for the coming updates!
worked well until today. Update 1.2.3 was pushed out, and running the installer in the folder I chose wiped out completely the folder one layer up from the patch chose, together with all the data I stored there which was important for me. Absolutely stupid how there is no way of communicating with the team for issues like those aside from a SimpleX group. Be careful while installing, create a folder directly from your drive and hope it doesnt wipe the rest
Amazing experience, the best P2P platform ;) as well very helpfull kycnot.me
Simply the best, hope one day more people will use xmr, creating a more liquid market on retoswap
Made a few successful trades even without a verified payment method. When a blockchain issue blocked fund release, the arbitrator resolved it within 24 hours.
I almost got scammed, y'all better be careful when using this, I don't know why people keep hyping their service when it's filled with lots of scammy traders
I tried using RetoSwap because it’s advertised as a private, no-KYC option, but I ran into a few issues that made me uneasy. Liquidity was quite low, so finding matching trades was difficult, and the process felt slow. I also noticed that some of their privacy promises and listed features on KYCnot.me have changed over time, which raises questions about consistency and long-term reliability. I like the idea behind RetoSwap, but as a customer I’d feel more confident if they were more transparent about their policies, had verifiable open-source code, and improved liquidity. Until then, I’d be cautious using it for anything beyond small amounts.
Have made several successful trades, despite my payment method not being signed. When I did encounter an error preventing me from releasing funds to the buyer (due to blockchain reorgs), the arbitrator was able to resolve it within 24 hours.
Yes but I had problem to begin with. Couldn't find the installation intuitively on the website.
Have had multiple trades with different peers for fiat/cash trades since launch. Have not required any arbitration. Recommend users to place an offer for their region to show that there are people in the region active to entice more users to place offers.
Liquidity is low, and initial signature is a big hurdle. However, given how this exchange works, this is hardly surprising.
Other than that, of course, there is no KYC, and honestly, during the actual trade, the process is far more seamless than it used to be on LocalMonero.
Wonderful, it was my first time I ever traded crypto this week and I was worried it would be a lot of trouble and scamming risks but the more I learn how this platform work, the more optimistic I am about it. I completed two XMR sales for fiat (CAD) and it went very well although the last trade took a long time to complete (almost the full 24 hours).
The only other downside I can think of is the low liquidity (few trades available) between XMR and CAD but that's not a reason to NOT use it. That a reason to START USING IT ! Come on, people ! This is the best platform and all it needs is more of YOU !
Good service, good support, if you have Arch linux, installation via AUR is also possible. For some reason, this is not indicated on the site :)https://aur.archlinux.org/packages/retoswap
so far, more than 8.000 euros converted into monero without any KYC. 100% recommended
Bisq for Monero instead of Bitcoin. Not many users yet but this will change. Very cool platform. The only problem is that you need to put a security deposit, which is annoying if you want to buy XMR but don't have XMR for the security deposit.
No Deposit offers now exist. The xmr seller/maker will have to create one first. The seller must share with you a password that is created so that you can take it. Usually external contact info is provided so you can talk to the maker and they share the password.
Thank you for the information! However not easy to find someone as long as it is not for example someone you know in real life.
Amazing exchange! Have sold a lot of monero for EUR with no issues so far!
Especially for Europeans, Retoswap is the best way to buy and sell Monero. I have traded a decent bit of volume on Retoswap over the last year without any issues. It's a super anon way to trade XMR & fiat because, unlike bisq, the payments are practically impossible to map to any on-chain transactions. It is also a lot cheaper and faster because of Monero being the base currency instead of Bitcoin.
The best fiat on ramp currently for Monero. Powerful tool. Based on Haveno which is a for of Bisq, but based on monero. Only inconvenient is you need to already have some XMR for security deposit.
You can publish a no deposit offer https://haveno.exchange/faq/#do-i-need-to-own-monero-xmr-to-buy-xmr-on-haveno.
I am currently engaging in trading on Haveno and OM, with the impression that Haveno offers a somewhat higher level of trustworthiness due to its implementation of multi-signature (2-of-3) security for ongoing trades. It would be valuable to obtain data on the ratio between open offers and active trades to better understand the extent of liquidity that is effectively protected. Currently, I am unable to find this ratio on haveno.markets.
Additionally, would it be possible to introduce a new attribute labeled 'Multi-signature Trades' with an associated trust rating of 5 points?
Haveno is the software provider. Retoswap and dawnswap team package and run respective separate networks. Just keep this in mind in case a network goes rogue. There has been recent discussion by haveno team to put in place some mitigation against arbitrators that may collude or act as a peer to clear the order book. Any suggestions for the haveno software should be taken to haveno github or the matrix chat channel.
Been using Retoswap since it first dropped on the scene early last year. Never had a problem with a trade. A solid Haveno network.
I’ve had a positive experience with RetoSwap so far. I like that it puts privacy and user control first, and I don’t have to rely on a centralized exchange to trade