is robosats the best non-kyc way to buy bitcoin? \ stacker news ~bitcoin

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is robosats the best non-kyc way to buy bitcoin?

3470 sats \ 39 comments \ @stack_harder 17 Nov bitcoin_beginners

ok, i've been watching some tutorials and read a few guides and robotsats looks like the easiest non-kyc option by far.

I plan on doing my first non-kyc buy tomorrow and never looking back, that said, before i do, is there anything you guys think i should be aware of or careful of?

or maybe you have some other favourite non-kyc options that you think are superior/safer/more private etc?

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20 sats \ 1 reply \ @Bitcoiner1 17 Nov

To use Robosats you need to deposit a bond vía lightning.

IMO, the easiest way to buy BTC non-kyc is the lnp2pbot on telegram.

Sometimes, there are not many offers selling SATs, so you will need to create your own offer.

The more payment methods you offer to use, the better.

0 sats \ 0 replies \ @iguano 18 Nov

It depends on where are you located, some countries use more robosats , and others more lnp2pbot, but lnp2pbot tbh is faster, in robosats you can be stuck on a trade for hours.

35 sats \ 2 replies \ @purpurato 17 Nov

The easiest is definitely lnp2pbot I rarely use Robosats. I'm my particular case it's also a matter of liquidity.

10 sats \ 1 reply \ @stack_harder OP 17 Nov

haven't heard of this, was just looking at youtube and most vids in Spanish. do they have some kind of escrow implementation or anything to prevent from someone not paying or sending the btc?

10 sats \ 0 replies \ @purpurato 17 Nov

Most (all?) P2P markets are based on escrow systems, this is no different. Seller must send a hold invoice that settles once he sees the fiat payment. I've never had a dispute but those are solved by a community manager.

There's a link to "Learn" on the website.

30 sats \ 5 replies \ @denlillaapan 17 Nov

Nah, Peach.

Much easier, less trixy UX, no messing about with lightning collateral

111 sats \ 0 replies \ @purpurato 17 Nov

They don't have lightning 👎

10 sats \ 3 replies \ @stack_harder OP 17 Nov

some kind of collateral is important when doing anon p2p seems like a good idea to me tbh

20 sats \ 2 replies \ @denlillaapan 17 Nov

Peach just uses escrow. Users release the funds to the buyer after completion of payment.

I don't actually know what happens if a seller tries to rug a buyer by not releasing after payment. (Supposedly Peach team reviews the complaint)

20 sats \ 0 replies \ @alt 17 Nov

I suppose there's little incentive for sellers to try and screw a buyer over, since they can't just walk off with the escrowed funds. As a buyer though, I'd be hesitant to use any form of payment that can't easily be proven after the fact.

10 sats \ 0 replies \ @stack_harder OP 17 Nov

im just looking at some videos on it now.

i might try all methods and do a little review on how it went

30 sats \ 0 replies \ @Shugard 17 Nov

Peach is much easier, but robosats has much better prices!

63 sats \ 5 replies \ @flat24 17 Nov

Robosats is definitely at the top of the top 3, I would say, but in my opinion something to keep in mind is your payment method when making your Ehem purchase. You do nothing by using Robosats, via Tor, totally anonymous and then with your bank account or PayPal account, that is, making the payment transaction with a method that has KYC. I think it is best to use Monero for these operations.

PS: Another exchange site without KYC that I find very good and easy to use is LNP2PBOT

52 sats \ 4 replies \ @stack_harder OP 17 Nov

robosats doesnt support monero does it? to start at least , ill just use revolut with the logic that it's a step better than full kyc buys on binance etc

63 sats \ 2 replies \ @Jon_Hodl 17 Nov

You can use any payment method you want but the counterparty has to take your offer.

You can pay with seashells if you can find someone to take the other side of your trade.

21 sats \ 1 reply \ @stack_harder OP 18 Nov

i hear whomp beads are making a come back

32 sats \ 0 replies \ @Jon_Hodl 18 Nov

If that’s what people are willing to exchange for fresh sats, then I’m here for it.

25 sats \ 0 replies \ @Filiprogrammer 17 Nov

There are in fact some offers on Robosats that accept Monero as payment.

41 sats \ 0 replies \ @BeeAye 17 Nov

robosats is the best. make sure to never let your kyc corn touch your non-kyc 🤙

20 sats \ 0 replies \ @0399c7c83b 17 Nov

I have tried Robosats and Bisq. Robosats has fewer offers in my native currency. Bisq had more, although it’s more of a process to install and set up. Check out kycnot.me and browse a few of the options there.

67 sats \ 6 replies \ @Jon_Hodl 17 Nov

Yes, RoboSats is the best for a few reasons.

Tor Native: The entire exchange runs in the Tor browser so there’s no special software to download and install.
Decentralized coordinators: When RoboSats first began, it was coordinated by RoboSats. Now there are multiple coordinators so it’s much more resilient to being taken down.
Single-use identities: Similar to bitcoin addresses, Robosats identities (robots) are meant to be used only once and then disposed of. This protects your privacy because no 2 trades are ever done by the same identity.
Any Payment Method: There are a number of preset payment methods but you can also add your own and the counterparty decides if they want to trade with you. You can pay with Pokémon cards by mail if the counterparty is willing to trade with you.
Amazon gift cards: One of the most powerful features of RoboSats is the ability to pay with Amazon gift cards. This is particularly powerful because you can buy them with cash so you have an electronic payment method that’s not attached to your identity.
Self Destruct: After you’ve completed your trade, you can click a single button to reset the Tor browser’s history and your entire robot garage will be wiped clean without a trace.

RoboSats is the best there is.

31 sats \ 5 replies \ @0399c7c83b 17 Nov

Any idea if an Amazon gift card purchased with cash be spent in a currency other than that which they were purchased? There’s usually plenty of US orders on Robosats but other currencies are often lacking.

31 sats \ 4 replies \ @Jon_Hodl 17 Nov

Amazon gift cards are country specific. It’s not even currency specific so if you buy an Amazon card from France 🇫🇷, then you have to use it in France. You can’t use it across the entire Eurozone.

I tried with an Amazon UK 🇬🇧 gift card but I’m not sure enough people use Amazon in the UK because I wasn’t able to find a buyer even with an 11% premium.

10 sats \ 1 reply \ @bren 17 Nov

Thanks. I've been wondering this also.

12 sats \ 0 replies \ @Jon_Hodl 17 Nov

Glad I could help

0 sats \ 1 reply \ @stack_harder OP 18 Nov

usually, for EU, amazon Germany has the biggest selection of items, so even if you live in Italy, Spain or even Poland, it still makes sense to get the amazon.de gift card and you still get the item delivered within the eurozone.

only downside for people with prime memberships as you wont get the prime eligible free delivery on domestic orders. i think that's a fairly minor inconvenience though

0 sats \ 0 replies \ @Jon_Hodl 18 Nov

That’s really good to know and makes total sense since Germany is the economic powerhouse of Europe.

40 sats \ 0 replies \ @sime 17 Nov

No one yet mentioned vexl yet.

You leverage your networks network to find bitcoiners. It's the only way I P2P trade. If I was in a real hurry, I would use hodlhodl.

vexl.it

10 sats \ 0 replies \ @Signal312 17 Nov

Any questions, ask here, or on the robosats telegram channel (https://t.me/robosats, supposedly deprecated, but still fairly active) or the simplex chat (see the link pinned in the telegram group.

People are very helpful.

10 sats \ 0 replies \ @OT 17 Nov

Just make sure you have a few different LN wallets. I think the hold invoice doesn't work for all LN wallets. It works with Blixt, Zeus and Phoenix if I remember correctly.

10 sats \ 0 replies \ @Msd0457890 17 Nov

Since I started my journey in bitcoin I have bought SAT through the p2p Telegram bot. It is truly a safe way and without KYC.I'll give you the link anyway

https://t.me/p2plightning