Buy Crypto: On-Ramp vs P2P
P2P — Peer to Peer
Maximum Privacy- No-KYC: No documents required
- Direct: Trades between individuals via bank transfer/cash
- Escrow: Smart Contract protects both parties
- Note: Limited liquidity, prices with premium (2-5%)
On-Ramp — Light Broker
Light KYC- Fast: Bank transfer → crypto in minutes
- Self-Custody: Crypto arrives directly in your wallet
- Low limits: Minimal verification below threshold
- Note: Still an intermediary company (potential regulatory reporting)
Purchase Methods Comparison
Drag or click the items below to compare their features side by side.
Frequently Asked Questions (FAQ)
Why does the site recommend P2P networks first and foremost?
Because of government surveillance. CEXs like Binance and Kraken automatically report your transactions to tax authorities under international tax reporting frameworks (such as DAC8 in the EU). P2P networks like Peach or RoboSats eliminate the central company: you buy Bitcoin directly from another citizen's phone, legally, and the crypto goes straight into your private crypto wallet off the radar.
Can I buy cryptocurrencies while protecting my identity (Without KYC)?
On traditional CEXs it is now prohibited by law. The only possible route is using decentralized P2P (Peer-to-Peer) platforms, physical Bitcoin ATMs with cash, or receiving crypto payments/gifts from other wallets via private Smart Contracts.
How does P2P buying work with Peach or Bisq?
The app only acts as a bulletin board and guarantor (Escrow Contract). You physically send the money from your private bank account to the private bank account of users from different countries (via normal SEPA bank transfer). When they receive the money, the Smart Contract unlocks their crypto and sends it directly to your private wallet.
What is an On-Ramp and how does it differ from P2P?
An On-Ramp (or Light KYC Broker) is a service that converts your Euros into Crypto via bank transfer to a company (e.g., Relai, MT Pelerin), often with reduced identity verification. P2P instead is a direct exchange between two private individuals without corporate intermediaries: no company touches your money or knows your identity.
Do Light KYC Brokers like Relai send my data to tax authorities?
It depends on the Broker's jurisdiction. Relai is Swiss and operates under FINMA regulation. With international automatic exchange of information directives (such as DAC8 in the EU) taking effect, even foreign providers serving clients in participating countries will be progressively required to report. The low limits of Relai and MT Pelerin still minimize exposure compared to large CEXs.