Vexl

Vexl is an app that helps people find counterparties for buying and selling bitcoin through their network of personal contacts. Users discuss terms in an encrypted chat. Vexl does not execute trades, provide escrow or confirm that a payment has been made, so the deal itself and its risks stay between the two parties.

How it works The service is a contact-discovery marketplace: offers are visible through connections, and the direction is fiat to bitcoin and back. BTC is the only asset listed. Because there is no transaction execution or escrow, users arrange payment and transfer between themselves, and they should apply their own safeguards before releasing funds.

Legal entity The operator is Vexl s.r.o., a Czech company with registration number 172 70 642, entered at the Commercial Court in Prague under file 369216. Its registered office is at Kundratka 2359/17a, Libeň, 180 00 Prague 8, Czech Republic. The declared jurisdiction is the Czech Republic.

What to clarify Vexl does not publish a regulatory licence in the data, and the fees, limits and supported countries are not described. People using the app should understand that it is a peer-to-peer matching tool and not a custodian or exchange.