What would be the outcome if you did trade daily on binance p2p for 3 years?

DIsputes on robosats are pretty easy, 99% of them solve easily without much input from parties.

Would it be as easy and as painless if Binance were to restrict your account?

Besides, disputes on Robosats are positive measures to protect the users, similar cases on FIAT world are there to prevent you to be free of doing whatever you need with your money.

Fees per trade, % of donation to Robosats devfund and volume are all publicly available 😉

There are some caveats such as onchain withdrawals and slashed bonds from bad users, but anyone can easly come to a rough estimate, very close to the real profits of each coordinator.

Robosats fees are very low, the profit the platform makes are way lower to that of any other p2p or no-kyc platform.

Thanks for the shoutout 🤙

Yeah, there was one user that attacked the orderbook by hiding orders similar to his. He used a script that created new robots and took orders in a loop without paying the bond.

I say one user, because the currency, payment method and amounts hidden were always the same.

Since version 0.7.5 this attack does not work anymore since the orders remain public until the bond is payed.

It should just keep the order public until any taker lock the bond. Please contact your coordinator if you notice such behaviour again!

Few stats:

307 disputes 38395 orders created (this includes everything, including the ones in which maker did not lock the bond) around 12500 orders successful

For the 307 disputes around half, are just seller that did not press RECEIVED because asleep or for whatever reason and buyer got impatient and opened dispute. Or collab cancel. Or delay payment due to banks fuckup.

Scams are very rare. For exactly three times buyer tried to fake the screenshot of instant SEPA payment.

I try as much as possible to not settle the dispute until both parties statements aligned. If buyer claims payment and seller insist he did not receive, I will ask buyer for phone video recording (from home screen -> play store -> bank app -> order details). So far not even one time a scammer got away with his attempt.

There are a few things that needs attention, but overally backend is pretty stable. What really needs attention is LND node.

Not anything sophisticated so far. Another coordinator was attacked for a week, with a huge numbers of robot generated (100k robots per day) but the attack was not successful.

I would say around 2 hours per day

Thank you for the feedback!

I admit, it is a little rough around the edges, but I will improve it over time ! I have integrated your feedback for how to contact the coordinator.

For the time being it is a good tool for me as I can link the FAQ rather than to type the answers every single time 😁

I guess that if users find it useful it will be pinned in the groups, and then some parts integrated in the official site.

The Telegram group still unfortunately have the most activity, but SimpleX user base is slowly increasing. Right now I feel that it would be even more confusing to cut them off users immediately from Telegram... But we will probably have to make a more decisive move towards SimpleX at some point.

One of the coordinators, does not even have a Telegram account and is only available on Nostr or SimpleX. Maybe in the near future other coordinators will follow 🐒

Thanks for the feedback! I am just a coordinator, the founder and main developer of the project @P2P_bitcoin would by far be a better host for a Robosats AMA.

But if you have any question regarding coordinator job, you are more than welcome!

For more information regarding the role of coordinator, you can follow this link: