Peach Bitcoin

What is Peach Bitcoin

Peach Bitcoin is a non-custodial, peer-to-peer mobile marketplace for trading Bitcoin without identity verification. Operated by Peach SARL, a Swiss-registered company accredited by SRO PolyReg and compliant with Switzerland's Anti-Money Laundering Act (AMLA), the platform connects buyers and sellers directly rather than acting as an intermediary. As of 2026-05-30, the service is available on iOS (via TestFlight), Android (Google Play), and as a direct APK download, with version 0.69.0 (350) being the current release.

The platform emphasizes that it does not conduct any Personal Identification processes, marketing itself explicitly as "No KYC." Peach does not hold user funds at any point-fiat moves directly between trading parties, while Bitcoin is secured in escrow until transactions complete.

How no-KYC is it?

Peach Bitcoin advertises itself as a guaranteed no-KYC service, and the official site repeatedly states: "we do not conduct any Personal Identification processes." Registration requires only app download-no ID upload, no selfie verification, no driver's license. However, the platform is not anonymous in the strict sense: users create accounts, communicate via in-app chat, and trades are linked to payment methods that may carry their own identifying information.

The service imposes volume limits without identity verification: up to 1,000 CHF per day and 100,000 CHF per year (or equivalent in other currencies). These thresholds suggest a tiered approach where higher limits would presumably require additional verification, though the evidence does not confirm higher tiers exist. Third-party source NoKYCList classifies Peach at "KYC level tiered (L3)," indicating some gradation in verification requirements, though the base level remains ID-free.

Geographic restrictions apply: the app is explicitly unavailable in the United States, China, and OFAC/EU-sanctioned regions, enforced through App Store settings, IP blocking, and mandatory in-app disclaimers.

Privacy & security

Peach employs a 2-of-2 multi-signature escrow system where both Peach and the seller hold signing keys, ensuring neither party can unilaterally move funds. Disputes are mediated by customer service with chat history serving as evidence. The platform recommends users employ hardware wallets for self-custody, though the app includes a built-in wallet option.

The company publishes verifiable source code on GitHub, enhancing transparency. Communication occurs through in-app chat, which is logged and used for dispute resolution-users should not assume messages are ephemeral or end-to-end encrypted. No evidence of Tor support or .onion services was found in the crawl.

Peach's Swiss jurisdiction offers some privacy protections, though as a FINMA-regulated entity, the company maintains compliance obligations that could theoretically require data retention or disclosure under legal process.

Payments, fees & limits

Payment method diversity is a core strength. Supported options include:

• Bank transfers (SEPA and regional variants)
• Online wallets (including Strike for EUR/GBP, added September 2024)
• Gift cards
• Cash trades via meetups
• Lightning Network (LN) swaps
• Liquid USDT (L-USDT)

Fiat coverage spans Europe (EUR, CHF, GBP, SEK, DKK, NOK, PLN, BGN, CZK, HUF, ISK, RON, TRY), Latin America (ARS, BRL, COP, PEN, MXN, CLP, CRC, DOP, GTQ, HNL, PAB, PYG, UYU, VES), Africa (MAD, ZAR, ZTS, CFA/XOF, CDF, NGN), Asia (INR, IDR, JPY, KZT, MYR, PKR, PHP, SGD, VND), Middle East (EGP, ILS, SAR, AED), North America (CAD), Oceania (AUD, NZD), plus global USD.

Fees structure: selling Bitcoin is free; buying incurs approximately 2% or a flat ~$4 per 200 CHF equivalent trade according to third-party sources. The official site emphasizes "FREE to sell Bitcoin on Peach" without contradicting this buyer-side cost.

User experience & support

The mobile-first design targets casual stackers rather than professional traders. Account creation is rapid, and the interface guides users through offer creation, escrow funding, and payment confirmation. A reputation system helps establish trust between repeat traders.

Support channels include email, Discord, Telegram, and in-app dispute resolution. Response times for disputes are not specified in the evidence. The blog publishes regular updates, with January 2026 newsletter teasing "Peach Web" progressive web app development.

Third-party reviews on Trustpilot and Reddit generally signal satisfaction with trade execution, though some users note the learning curve for multi-sig escrow mechanics and occasional delays during dispute resolution.

Who it's for

Peach Bitcoin suits European privacy-conscious users seeking modest-volume Bitcoin acquisition without identity verification. The 1,000 CHF daily limit accommodates regular stacking but excludes high-net-worth individuals or institutional traders. Cash trade support appeals to those prioritizing maximum privacy, while the Strike integration offers a Bitcoin-only on-ramp for EUR/GBP users dissatisfied with altcoin-cluttered alternatives.

Compared to Bisq or RoboSats, Peach trades mobile convenience for reduced anonymity-there is no Tor integration, and the account model creates a persistent identity. Against centralized no-KYC exchanges, Peach offers superior self-custody guarantees but requires more user involvement in trade coordination and dispute management.