0 sats \ 2 replies \ @DeezSats 10 Oct 2022 \ parent \ on: Peach: Non-KYC P2P Platform bitcoin
That is more preference than reality. You can buy/sell the sum of full coins over the period of 2-3 days on bisq and without the fee exchanges charge if you make your own offers. Faster turnaround time than the typically 5 business day (lol) regulatory hold placed on funds on exchanges.
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0 sats \ 1 reply \ @sommerfeld 10 Oct 2022
I've never been able to buy at market price (0%) no matter how long I've waited with an open buy order.
I'm in the EU and have most fiat methods available here enabled (revolut and SEPA).
Are you by any change in the US? I can imagine that maybe there is more liquidity for the ones that can pay with ACH transfers for instance.
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0 sats \ 0 replies \ @DeezSats 10 Oct 2022
I can sell coin at market or get a 1% premium all day long. It costs less than exchange fees. Buy orders don't move until I set -1% or better for the seller. Within the daily price fluctuations and worth it.
And yes, the fiat method is key, because you have to consider the implications to the seller. I can speak for the US only here. Nobody (that knows what they are doing) wants to sell using third party payment processors, now that the feds started surveiling them in 2022, with 1099 tax forms. That includes Strike, Cash app, Venmo, etc. In the US you can still use Zelle, for now, without extortion because it is a bank service and not considered third party.
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