Vexl is a mobile app for finding a counterparty and agreeing on a peer-to-peer trade. An offer, identity disclosure, sending bitcoin and handing over money are separate steps; a successful chat does not establish that a transaction was completed.
The terms define Vexl as a service for finding and contacting a counterparty. The app does not execute bitcoin transactions, provide escrow or confirm that a trade occurred. A receipt or resolution of a disputed payment cannot therefore be inferred merely from an existing conversation. [Vexl — Terms and Privacy] [Vexl — Frequently Asked Questions]
Offers reach the chosen circle of direct contacts or their contacts. In May 2026, the project explains that the mutual intermediary need not use Vexl. A social connection helps assess a counterparty but does not prove their solvency or future conduct. [Vexl — Security, Privacy and Web of Trust (2026)]
The current FAQ requires a valid phone number. The terms describe code verification and a local private key for account access. This Vexl account key is not automatically the key to bitcoin in a separate wallet; losing one does not describe the state of the other. [Vexl — Terms and Privacy] [Vexl — Frequently Asked Questions]
The project's technical account separates profiles, contacts, offers and chat across services and joins them on the phone. This describes the intended architecture. Hashing contacts, encrypting messages and anonymity of the entire activity are different properties; a marketing claim alone does not establish them. [Vexl — Security, Privacy and Web of Trust (2026)]
The FAQ allows registration and contact import again after losing a phone, but also says the account cannot be backed up. The terms warn that deleting the local key loses the original data. Regaining access to the network therefore does not recover old offers and messages. [Vexl — Terms and Privacy] [Vexl — Frequently Asked Questions]
The FAQ distinguishes free use of Vexl from a fee set by the counterparty. An offer can specify currency, amount, payment method and an on-chain or Lightning transfer. The offer's fee is not automatically a bitcoin network fee; the agreed total amount and settlement method matter. [Vexl — Frequently Asked Questions]
The FAQ acknowledges temporary storage of encrypted messages, server visibility of the IP address and Firebase Cloud Messaging push infrastructure. Chat privacy therefore does not mean an absence of all metadata or operating-system telemetry. Voluntarily disclosed identity cannot be taken back from its recipient. [Vexl — Terms and Privacy] [Vexl — Frequently Asked Questions]
The public repository contains the app and instructions to verify an Android APK signature. Matching the signing certificate helps verify the package's origin; it does not guarantee bug-free code or an honest trading counterparty. Source availability and security of a particular installation require different checks. [Vexl — App source and APK verification]
For the clearest picture, read this entry together with Vexl Foundation, Bitcoin, Bitcoin Privacy, Self-custody. The reverse links also lead from Vexl Foundation, Bitperia.