5 sats \ 2 replies \ @Signal312 OP 3h \ parent \ on: Keep your bitcoin transactions private - using Robosats for P2P exchanges bitcoin_beginners
I haven't heard of any. The max purchase size on Robosats is currently $3280.
Of course, for a larger amount it would be a little bit more difficult to transmit it through lightning. But if the invoice fails, you submit another invoice and try again. I haven't heard of anyone actually not receiving their sats that they've purchased.
It's trickier for people on Robosats who are selling bitcoin. Some payment methods (Paypal and others) allow chargebacks. That's definitely a risk, when selling. I think most sellers are avoiding the payment methods that allow chargeback.
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Thanks for the question. Bottom line, I would take a look at the fiat currency you want to buy btc with, and see what the current Robosats offers are in that currency. Just use whatever payment method they all are doing.
Most of the fiat payment methods are KYC. Like Strike, Revolut, CashApp, etc. Actually, that's only the ones I recognize. I just took a look at the current offers, here's some of the top payment methods:
20 - SEPA
16 - Revolut
12 - Strike
6 - Zelle
5 - Wise
1 - CashApp
There's a bunch of others - Monero, USDT, and a lot of others that I don't recognize. And some that say "other". Don't know what that means.
The trades for the Brazilian Real are in some payment methods that I haven't heard of (PIX? AirBnB gift cards?). So I have no idea about the privacy of those methods.
F2F is very uncommon and has risks of its own. Also I know on Bisq there's this elaborate protocol for trading with cash by mail. It's interesting to look at, if just out of curiosity - https://bisq.wiki/Cash_by_mail
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