Peach is a mobile application that connects Bitcoin Buyers & Sellers together. Buy or sell bitcoin peer-to-peer, anywhere, at anytime, with the payment method of your choice.
The exchange ToS do not mention that it will ever request the user for a KYC verification.
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Last Check: 2024-07-24
Peach mentions the integration with third-party services such as Cloudflare, ProtonMail, Brevo, Firebase, and Google Analytics, with user data potentially being shared with these third parties.
ToS section: "Third party integrations"
Peach keeps a hash of the user's unique device ID as part of the process to ensure that a user can only create one account per mobile device. Logs are maintained temporarily in case of disputes.
ToS section: "Your Account, Disputes"
Peach reserves the right to suspend users' accounts for reasons including scamming other users, sending inappropriate messages, or based on changes in law.
ToS section: "Account suspension"
Peach explicitly states that it does not participate in any transactions and does not process payments. Transactions are conducted through the Bitcoin network and the responsibility for fiat transfers lies solely with the Buyer and the Seller.
ToS section: "Introduction, Trades"
Peach allows users to buy and sell Bitcoin anonymously and without KYC verification. Trades are regulated to a limit of CHF1000/day and CHF100'000/year without KYC.
ToS section: "Creating Offers"
There is no explicit mention of sharing user data with authorities, law enforcement, or government agencies in the provided terms and conditions.
ToS section: "Not addressed in the provided sections"
Peach does not have access to BTC held in escrow as per the code of the Bitcoin escrow script and does not facilitate or hold users' fiat funds.
ToS section: "Trades"
The terms and conditions do not mention a specific system for flagging suspicious transactions. Disputes between users are resolved through arbitration by a Peach mediator.
ToS section: "Disputes"
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