How do you think you can get scammed exactly?
You're buying yeah?
Discussion
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 buying as a market maker?
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, arbitration, easily proved and obtained.
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.