- Exchange
P2P trading open-source mobile app. No middlemen or KYC. Users connect through phone contacts and friends of friends, bringing real-world trust to encourage good behavior. Vexl doesn’t have access to users’ activities or identities, making it a secure and private way to trade peer-to-peer.
Scores
- Guaranteed no KYC
- Terms explicitly state KYC will never be requested.
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Phone number is required -4 0
To use this service, you will need to provide a valid phone number. The service may verify your number via SMS or call. In most cases, you can use anonymous SMS services. Avoid temporary numbers if you need ongoing access.
-4 Privacy0 Trust -
Guaranteed no KYC +25 0
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Identity-Free registration +10 0
Users can create accounts without giving personal information (such as full name, address or phone number). Note that some services might initially allow this, but they may subsequently request personal information (i.e. Automated flagging systems, Shotgun KYC…).
+10 Privacy0 Trust -
Personal info is not verified +9 0
These services do not conduct checks on personal information, meaning that you could use temporary emails, disposable phone numbers, or fake name / addresses.
+9 Privacy0 Trust -
Strict no-log policy +5 +3
The service has a strict no-log policy, which means that it does not collect or store any information about its users.
+5 Privacy+3 Trust -
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.
+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.
0 Privacy+7 Trust -
Accepts Monero +5 0
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
+5 Privacy0 Trust -
Mature service 0 +5
This service has been operational for 3 years. While this indicates stability, it is not a future-proof guarantee.
0 Privacy+5 Trust -
Approved 0 +5
Everything checks out at first glance, but not verified nor thoroughly tested by the team. 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.
A peer-to-peer market can be centralized, so do not confuse this with peer to peer networks.
0 Privacy+4 Trust -
🇨🇿 Legally registered 0 +2
Legally registered as Vexl s.r.o in Czech Republic.
0 Privacy+2 Trust -
Mobile app available 0 0
- Base score +50 +50
Overall = 60% Privacy + 40% Trust (Truncated)
Terms of Service Review
Vexl prioritizes user privacy by storing most data encrypted locally and encrypting communications. It allows users to connect for Bitcoin trades without Vexl acting as an intermediary. Account recovery is impossible if the private key is lost.
Jurisdiction & Compliance
Vexl is subject to Czech Republic law. It reserves the right to suspend or deny access for users in certain countries for regulatory reasons, identified by location, app store, or phone number.
Data Sharing with Authorities
Under specifically defined conditions, Vexl may be required to transfer personal data to public authorities in accordance with applicable law. However, the amount of data collected is very little and encrypted.
Third-Party Data Transfer
Personal data may be transferred to third countries (e.g., USA via Twilio) compliant with Standard Contractual Clauses (SCCs).
Data Storage & Encryption
Most sensitive data is stored locally on your device and encrypted. Vexl cannot read private keys, chat messages, or offer details.
No Account Recovery
Your private key is essential to access your account. If lost (e.g., phone loss, uninstall, logout), your account and data cannot be recovered.
Contact Sharing
You will be asked to import contacts to find 1st and 2nd degree connections. Contact details are encrypted locally and then stored encrypted in a separate microservice, inaccessible to Vexl.
Identity Revelation
Users remain anonymous until they voluntarily reveal their identity in a chat. This action cannot be undone.
Limited Content Control
Vexl has very limited tools to remove content as it is stored locally on user devices and transmitted in encrypted form, unreadable by Vexl.
Reviewed from vexl.it/terms-privacy
ToS reviews are AI-generated and should be used as a reference only.
Events
View all-
Service updated
KYC level changed from 1 to 0. Currencies changed
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Attribute added
Attribute "Non-custodial wallet" was added to Vexl
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Attribute added
Attribute "Strict no-log policy" was added to Vexl
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Listed
Vexl has been listed
Verification
Learn moreEverything checks out at first glance, but not verified nor thoroughly tested by the team.
Comments
To strengthen security and protect against SIM-swap attacks, the app should implement an additional verification layer beyond just phone number authentication.
Doesn’t seem to support Monero.