Damus
Alan ₿ · 178w
Bisq is good. It’s my second favorite p2p exchange after RoboSats. RoboSats handles txns in a similar way to Bisq, via escrow. So the sats are only released once the fiat is transferred, and vice versa. I’ve never heard of someone having an issue with it, and I’ve never had any issues myself....
Andrej designSats · 178w
Is there and reputation or weboftrust system? You might get dirty fiat from someone
Gigi · 178w
RoboSats is lightning-native. https://learn.robosats.com/
Firstmate · 178w
And as for the actual transfer of fiat, that's just transfer rails?
Firstmate · 178w
E-transfer*
Conza · 178w
How do you think you can get scammed exactly? You're buying yeah?
Brisket · 178w
Yeah buying. My concern is then taking my fiat & not sending the sats. It is probably just a lack of comfort/experience with the Bisq process. Are the sats being sold locked in a multisig when they are offered for sale (as a market maker)? It's there a similar process that occurs when you are buyi...
Conza · 178w
It's all on chain. 4 transactions. The entire bitcoin/sats they're sending are verified and as part of 2-2 multisig etc. The seller has more risk with some payment methods. Various other mechanisms to reduce but it's essentially non existent (scamming). They don't get sent, meditation, arbitrati...
Brisket · 178w
Thanks Conza. I didn't realise sellers have to lock the sats that they're selling as well as a deposit in a multisig beforehand. That is reassuring - I thought it was just the deposit.
Brisket · 178w
It's there another kind of fiat?