# Crypto exchanges privacy ratings

Peer-to-peer exchanges.

| Name | Grade | Jurisdiction | Description |
| --- | --- | --- | --- |
| [Bisq](https://privacyratings.com/crypto-exchanges/bisq/) | B (80/100) | Unknown | Open source, peer-to-peer desktop app for trading bitcoin for national currencies and other assets over Tor, using multisig escrow and no central server or registration. |
| [Haveno](https://privacyratings.com/crypto-exchanges/haveno/) | B (80/100) | Unknown | Open-source, peer-to-peer exchange software for trading Monero with fiat and other cryptocurrencies over Tor, using non-custodial multisig escrow. Trading happens on third-party networks that run Haveno. |
| [RoboSats](https://privacyratings.com/crypto-exchanges/robosats/) | B (80/100) | Unknown | Peer-to-peer exchange for trading bitcoin against national currencies over Tor, using Lightning hold invoices as escrow and a new robot identity for each trade with no registration. |
| [Peach Bitcoin](https://privacyratings.com/crypto-exchanges/peach-bitcoin/) | F (35/100) | Switzerland | Swiss peer-to-peer Bitcoin exchange app where buyers and sellers trade directly, with bitcoin held in multisig escrow during each trade. |
| [Hodl Hodl](https://privacyratings.com/crypto-exchanges/hodl-hodl/) | F (20/100) | Marshall Islands | Non-custodial peer-to-peer Bitcoin trading platform where trades are secured by multisig escrow contracts and payments are made directly between users. |
| [Kraken](https://privacyratings.com/crypto-exchanges/kraken/) | F (10/100) | United States (Five Eyes) | Centralized cryptocurrency exchange from Payward for buying, selling and trading crypto, with custodial accounts that require identity verification. |
| [Binance](https://privacyratings.com/crypto-exchanges/binance/) | F (0/100) | Unknown | Centralized cryptocurrency exchange offering spot, futures and other trading products, with custodial accounts that require identity verification. |
| [Coinbase](https://privacyratings.com/crypto-exchanges/coinbase/) | F (0/100) | United States (Five Eyes) | Centralized cryptocurrency exchange and custodial platform for buying, selling, storing and staking crypto. Accounts require identity verification. |

## Criteria

- **Open source** (weight 3): Is all the source code needed to run the product public?
- **No trackers or telemetry** (weight 3): Are the website and apps free of third-party trackers, with any analytics anonymous and any telemetry off by default?
- **No ads or data sales** (weight 2): Is the product funded without advertising, ad targeting or selling user data?
- **Independent audit** (weight 2): Has an independent security or privacy audit been published within the last three years?

Source: https://privacyratings.com/crypto-exchanges/