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I have completed a P2P trade on Peach
470 sats \ 16 comments \ @pillar 6 Sep 2022 bitcoin
Peach is a newcomer to the P2P scene.
I just finished a trade where I bought 100€ worth of BTC with the purpose of testing it out. A few small details need to be polished. But even taking that into account, the experience was rather easy. Orders of magnitude simpler than bisq, quite a bit more than Robosats. I must confess I'm kind of excited because I feel this is noob friendly enough that I might recommend it to nocoiner and newbies if they built a decent track record.
Happy to answer questions if anyone is curious and would like to know more.
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141 sats \ 0 replies \ @aljaz 6 Sep 2022
i've been testing Peach for weeks (several buys and sells) and its a pretty great app, it become my primary way to DCA
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110 sats \ 2 replies \ @scampy 7 Sep 2022
I got access to the app and managed to register, but seems like it doesn't work on my phone. When initiating a buy, Peach gets caught in a loop generating crash reports. Perhaps because I'm running CalyxOS that has all the Google stuff disabled.
Seems interesting though, I look forward to using it. :P
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20 sats \ 1 reply \ @pillar OP 7 Sep 2022
I also had a couple of crash report pop-ups, but the app always ended up working after that.
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0 sats \ 0 replies \ @scampy 7 Sep 2022
No luck so far. I'll have a play around when I finish work. :P
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110 sats \ 0 replies \ @btcschellingpt 7 Sep 2022
Me too! Got to use Peach at HoneyBadger up in Riga on the weekend - same impressions - still some polish to be added but the core functionality of being able to buy peer to peer is there.
Importantly, because Peach is based in Switzerland, you can buy up to CHF1,000/day without KYC .. and because Switzerland is connected in to the European SEPA rails, this opens that P2P buying/trading to the whole of the EU.
I loved how they were able to deploy a bespoke "PAYMENT" option specifically for the conference which was "Cash at BHB" - worked a treat for me.
LETS FUCKING GO!
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110 sats \ 0 replies \ @shyfire 6 Sep 2022
Would be cool to see USD support
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110 sats \ 3 replies \ @nout 6 Sep 2022
Thank you for sharing! What method did you ended up using, how long it took and what were the fees? :)
And how many peaches do you have now?
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302 sats \ 2 replies \ @pillar OP 6 Sep 2022
I payed via Revolut.
I sent around 104€ and received in my wallet 498180 sats. Theoretically, there are no fees as of today, so the difference between the sats I received and the target amount of 500000 sats must be mining fees (I can check later on the transaction to validate this).
The whole process took a total clock time of around 15min, of which active time (as in me doing stuff in my phone) must have been a couple of minutes at most. Rest was just waiting for my peers' reaction.
Now I have five peaches.
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110 sats \ 0 replies \ @pillar OP 6 Sep 2022
I can confirm that the missing sats are from mining fees.
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0 sats \ 0 replies \ @nout 6 Sep 2022
That sounds great! Congrats to the peaches! :)
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100 sats \ 0 replies \ @scampy 6 Sep 2022
Seems promising. I signed up for early access, excited to try it out.
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100 sats \ 0 replies \ @badabing 6 Sep 2022
Was mainly using Robosats, but my first test buy went very well.
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100 sats \ 3 replies \ @kilianbuhn 6 Sep 2022
How did you transact the fiat?
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100 sats \ 2 replies \ @pillar OP 6 Sep 2022
Revolut.
Peach also offers a few other currencies (CHF, GBP, SEK) and quite a few payment methods. Memorable mentions are: SEPA Transfers, PayPal, Amazon Gift Cards.
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0 sats \ 1 reply \ @kilianbuhn 6 Sep 2022
Does Revolut offer KYC-accounts and transfering money anonymously (=gift cards or something instead of paypal/bank transfer)?
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0 sats \ 0 replies \ @pillar OP 7 Sep 2022
I'm afraid it's a KYC-ed garden. You can transfer within Revolut by ID though. Only your first name and initial of your last name get revealed.
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