# Haveno

> Source: https://fuckyc.org/services/haveno/
> Website: https://haveno.exchange/
> Categories: P2P exchanges
> KYC: none — Decentralized peer-to-peer Monero exchange forked from Bisq. No accounts; trades use a 2-of-3 multisig with an arbitrator.
> Status: active
> Jurisdiction: decentralized (federation of independent networks)
> Fiat on-ramp: yes
> Payment methods: sepa, faster-payments, revolut, cash-by-mail, bank-transfer, gift-card
> Founded: 2022
> Open source: yes
> Custodial: no
> Last verified: 2026-01-01

## Verdict

Haveno is the decentralized Monero-native P2P exchange — Bisq's design rebuilt for XMR rather than BTC. Independent federations operate their own arbitrators and liquidity. For users who want non-custodial Monero P2P trading without an operator that can shut down (as LocalMonero did), Haveno is the reference protocol. Pick a federation based on arbitrator reputation and active offer count.

## Strengths

- The Monero-native equivalent of Bisq — no central operator, multisig escrow, no accounts.
- Several independent federations (Haveno-Reto, Mons.haveno, etc.) run their own arbitrators.
- Direct Monero P2P liquidity that does not require a custodial intermediary.

## Caveats

- Federation matters — each independent Haveno deployment has different fees, arbitrators, and liquidity.
- Desktop-app workflow; the learning curve approaches Bisq's.
- Facts need re-verification by operator (last seeded 2026-01).

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## What Haveno is

A Bisq-style decentralized P2P exchange built around Monero. Trades settle in a 2-of-3 Monero multisig; an arbitrator only signs when there is a dispute. There is no central operator and no account.

## Threat-model fit

Best fit when "non-custodial XMR P2P" is the binding requirement. The trade-off is that liquidity is split across independent federations and matching peers takes longer than on a custodial venue.

## Sources

- [Haveno project homepage](https://haveno.exchange/) — accessed 2026-01-01
- [Haveno source repository](https://github.com/haveno-dex/haveno) — accessed 2026-01-01