Encrypted directory
//
NoKYC.
EnglishEN EspañolES 中文ZH हिन्दीHI العربيةAR PortuguêsPT বাংলাBN РусскийRU 日本語JA DeutschDE FrançaisFR 한국어KO ItalianoIT TürkçeTR Tiếng ViệtVI PolskiPL УкраїнськаUK NederlandsNL Bahasa IndonesiaID ไทยTH فارسیFA עבריתHE SvenskaSV ΕλληνικάEL RomânăRO
RetoSwap logo

RetoSwap

Approved

RetoSwap.com

Private, non-custodial P2P exchange for seamless crypto and fiat trading. Built on Haveno, Tor and Monero for maximum privacy and security.

Visit site
Exchange P2P

Live preview

RetoSwap.com
▶ https://RetoSwap.com
RetoSwap screenshot

Review

Editorial

Overview

RetoSwap is a decentralized peer-to-peer trading network, not a website or centralized platform. Users download and run open-source desktop software that connects directly to other traders through a distributed network, with all traffic routed through Tor. The service functions as a no-KYC, no-signup exchange where participants retain full control of their funds throughout every trade. Since launch, the network has facilitated over 19,000 completed swaps, establishing itself as a practical venue for privacy-conscious users seeking to acquire or offload Monero and other cryptocurrencies without identity verification.

The platform operates as a Haveno-based fork with Bisq lineage, inheriting proven P2P exchange architecture while emphasizing Monero-centric privacy enhancements. Unlike centralized alternatives that demand passports and proof of address, RetoSwap requires nothing more than software installation and a funded wallet to begin trading.

Privacy & KYC

RetoSwap sits at KYC Tier L0 — Trustless, meaning absolutely no account creation is required. There is no email field, no phone verification, no identity document upload, and no geographic restriction based on residency. The platform earns its 95/100 privacy score through multiple overlapping protections:

  • Tor network routing for all peer connections, concealing IP addresses and metadata
  • Monero integration for blockchain-level untraceability of swap settlements
  • End-to-end encryption securing trade communications between counterparties
  • No server-side data collection — the network is distributed, not hosted

Because RetoSwap never intermediates funds or maintains user databases, there is no centralized honeypot of personal information to subpoena or breach. The trade-off is personal responsibility: users must manage their own operational security, including verifying payment methods and selecting trustworthy trading partners in a pseudonymous environment.

Supported assets & payments

RetoSwap supports Monero (XMR), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and USDT on both Ethereum and Tron networks. Fiat accessibility is extensive, covering most global currencies through diverse payment rails including SEPA, ACH, PayPal, CashApp, and critically for anonymity advocates — physical cash by mail or in-person exchange.

The fee structure rewards market makers: 0.1% maker fee, 0.8% taker fee for crypto-to-crypto swaps, and 2% taker fee for fiat-involved trades. These rates undercut most centralized no-KYC alternatives and align incentives toward organic liquidity provision. Users should note that low liquidity remains a recurring friction point, particularly for less common payment methods or non-Monero pairs.

Security & custody

RetoSwap operates a strictly non-custodial model with a 92/100 trust score. Funds remain in user-controlled wallets throughout the entire trade lifecycle; the platform never takes possession of assets. Security arbitration is built into the protocol — when disputes arise, bonded arbitrators intervene to resolve conflicts, with community reports indicating typical resolution windows within 24 hours.

However, the Haveno codebase has experienced recent security scrutiny. An exploit discovery in the underlying Haveno protocol prompted RetoSwap to push an emergency minimum version update that temporarily disabled trading functionality until patches could be verified and deployed. This episode illustrates both the risks of novel P2P software and the project's responsive maintenance posture. Users should verify they are running the latest client version before initiating trades.

Software distribution covers Windows, Mac (Intel and Apple Silicon), Linux (AppImage, Flatpak, .deb, .rpm), and Android, with GPG-signed binaries available for integrity verification.

Who it's for — verdict

RetoSwap earns its 9/10 overall score as an essential tool for privacy-maximalist crypto users, Monero advocates, and unbanked individuals seeking fiat on/off ramps without surveillance. The platform is particularly valuable in jurisdictions hostile to anonymous cryptocurrencies, where centralized exchanges have delisted XMR under regulatory pressure.

It is less suited for impatient traders requiring deep liquidity, instant execution, or hand-holding customer support. The desktop-client requirement, Tor synchronization delays, and learning curve of P2P trade mechanics demand technical comfort and tolerance for slower settlement. For those willing to trade convenience for sovereignty, RetoSwap represents one of the most private, permissionless exchange options operational in 2026.

Community summary

A trustless, open-source P2P network for swapping Monero, Bitcoin and fiat without accounts, KYC or custody. Built on Haveno with Tor routing for maximum anonymity.

Pros
  • + True L0 no-KYC — no account, email, or identity required
  • + Non-custodial throughout; funds never leave user wallets
  • + Open-source Haveno codebase with Tor and Monero privacy stack
  • + Cash-by-mail and in-person fiat support for anonymous settlement
  • + Low maker fees (0.1%) incentivize liquidity provision
Cons
  • − Low liquidity across most trading pairs slows order matching
  • − Desktop-only client with occasional Tor sync delays
  • − Recent Haveno exploit required emergency trading halt
  • − P2P counterparty risk demands vigilance against scam attempts
  • − Initial payment method signature hurdle barriers new traders

Attributes

11 signals
Strengths
Guaranteed no KYC P+25 Refunds do not require KYC P+5 T+5 Accepts Monero P+5 No registration needed P+5 Non-custodial wallet P+3 T+5 Peer to peer network P+2 T+5 Open source code T+7 Escrow available T+6 Decentralized network T+5 Peer to peer market T+4
Informational
Approved T+5

User reports

★ 4.8/5 · 22 ratings
old_terminology_5961
5/5

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

nthpyrodev ✅ (Support at KYUN)

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.

improved_bike_7203
5/5

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.

aggregate_x-ray_8770
5/5

GOTO P2P DEX. Longtime user since launch

accursed_relish_1857
5/5

Most useful DEX P2P platform to us. TOR sync is sometimes slow, but still very reliable solution. Waiting for the coming updates!

deviant_mitten_5520
2/5

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

unchecked_fireside_3617
5/5

Amazing experience, the best P2P platform ;) as well very helpfull kycnot.me

flushed_gown_4653
5/5

Simply the best, hope one day more people will use xmr, creating a more liquid market on retoswap

melodramatic_clamor_6968
4/5

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.

third-floor_tread_905
1/5

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

fearsome_mortgage_3797

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.

nthpyrodev ✅ (Support at KYUN)
5/5

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.

smoldering_clustering_7161
5/5

pretty good, app is a bisq fork running on haveno

dissimilar_pottery_6095

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.

macabre_holly_6537
5/5

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.

crumbling_jowl_8867
5/5

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 !

glorious_productivity_8263
5/5

Amazing service. Punctuality, Professionalism, Integrity

non-Communist_noose_9065
5/5

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

masked_subculture_9735
5/5

so far, more than 8.000 euros converted into monero without any KYC. 100% recommended

invading_atom_8819
5/5

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.

picturesque_sheepskin_1472
5/5

Amazing exchange! Have sold a lot of monero for EUR with no issues so far!

dignified_murder_2444
5/5

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.

intoxicating_samovar_4245
5/5

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.

bony_zealot_6833

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?

rubbery_cabal_2625
5/5

Been using Retoswap since it first dropped on the scene early last year. Never had a problem with a trade. A solid Haveno network.

Swapuz ✅ (Support at Swapuz)
5/5

RetoSwap feels like a solid pick for private crypto trading. Runs on Haveno with Monero and Tor support, so privacy is clearly a priority.