Vexl
ApprovedExchangeBitcoinFiatCash
Mobile app for peer-to-peer bitcoin trading inside your real-world social graph: offers are shown to contacts and contacts-of-contacts, with end-to-end encrypted chat. Open source and independently audited; it requires a phone number, has no escrow, and never holds user funds.
Domains
Score breakdown
KYC policy
2of 4Rare KYC
KYC is possible but not in the normal scenario: by law, on a refund, on an AML flag, or at the discretion of a partner or seller.
Service overview
BitcoinFiatCash
How this score is made up
Privacy:base 50 + 31 − 9 = 72
Trust:base 50 + 13 = 63
Confirmed attributes
- Guaranteed no KYC+25 privacy0 trust
The terms state outright that documents will never be requested.
confirmed 2026-10-03evidence
- Some sellers require KYC-3 privacy0 trust
The platform itself does not ask, but individual counterparties may.
confirmed 2026-10-03evidence
- Non-custodial+6 privacy0 trust
Funds stay in your wallet: the service never holds the keys.
confirmed 2026-08-26evidence
- Phone number required-4 privacy0 trust
A working number is needed: verification goes by SMS.
confirmed 2026-08-26evidence
- In-person service-2 privacy0 trust
Requires showing up in person and meeting someone: an ATM or an office.
confirmed 2026-08-26confirmed by a moderator without an external proof
- Open source0 privacy+6 trust
The code of the running service is published and can be inspected.
confirmed 2026-08-26evidence
- Independently audited0 privacy+5 trust
An outside company examined the service and published a report.
confirmed 2026-08-26evidence
- Legally registered0 privacy+2 trust
Operated by a registered company that can be found in an open registry.
confirmed 2026-10-03evidence
Timeline
- Attribute confirmedGuaranteed no KYC
- Attribute confirmedSome sellers require KYC
- Attribute confirmedLegally registered
- Status changedCommunity → Approved
- Attribute confirmedGuaranteed no KYC
- Score recalculated5.52 → 6.84 · after an attribute change
- Attribute confirmedSome sellers require KYC
- Score recalculated6.84 → 6.68 · after an attribute change
- Attribute confirmedLegally registered
- Score recalculated6.68 → 6.78 · after an attribute change
- Score recalculated— → 5.52 · after an attribute change
- Published
Similar services
Decentralized peer-to-peer desktop exchange network for trading bitcoin against national currencies and cryptocurrencies including Monero. Trades are secured by 2-of-2 multisig deposits and human arbitration; there are no accounts, and the open-source project is governed by its own DAO.
KYC lvl 0Peer-to-peer exchange for buying and selling bitcoin over the Lightning Network, using hold invoices and fidelity bonds instead of accounts. A disposable robot avatar is generated for each trade; the service is designed to be used over Tor.
KYC lvl 0onionInstant-exchange aggregator that compares rates across partner swap services and publishes a KYC/AML rating for each partner. Works without JavaScript and requires no account.
KYC lvl 2
Badge for the service’s own site
A live badge: it shows the current status and KYC level from this card and updates by itself. It carries no score, and placing it changes nothing in the score or the ordering. The link leads here, where the official addresses are listed.
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