Same model as Bisq. I use it very often and never got problems.
The seller "locks" the sats with a hodl invoice before the buyer sends the fiat, so the seller can't do fraud. The only risk I can imagine is that the buyer does a fiat charge back, but that's not possible with most payment methods (sepa instant, revolut, wise are all final and not able to charge back). If there are complications the hodl invoice and the bonds will be locked and the mediator will collect evidence to decide.
Best to understand is to do a small trade so you get a better feeling how this works.
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Well ...
Charge-backs are not the only problem. I was seller/maker on another platform and had a guy hurry me to release the coins he just bought. I grew suspicious as it was his first trade and asked for ID. He asked me to return the funds which I did.
Weeks later our FBI equivalent I guess knocked on my door because of wire fraud. I had to explain to the general attorney what went on as she assumed I was a part of a fraud ring because funds of some victim were flowing into my account. Turns out guy's Facebook got hacked and the hacker asked all friends to do some urgent wire to my and other traders' accounts. Whenever somebody would bite, they opened trades with me and the others locking up our bitcoins with the platform.
Sounds plausible, guess you need some luck then or good explanation in case that happens.
"Good explanation" for the GA? Robosats will delete the messages. Sure, I'll have some screenshots for them but you will still have legal costs, lose your trade amount and maybe worst of all lose your bank account as banks can do that for any or no reason at all.
Wouldn't really mind losing a bank account as they are throw away tools anyways, but legal insurance is probably a good idea when selling on rs. I think you can export your chat history (maybe even with some signatures)
Hmm ... I find banks and banking scary. After losing my only bank here in Chile as a foreigner and not getting a new account opened at the time I didn't feel at all like you about the issue. It's easy to lose one of 5 bank accounts but it really sucks to depend on others to do basic things that are just not available for cash.
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It's not the same model as Bisq as trading accounts are very much ephemeral. I can't pick a trader who opened the account years ago **with a fixed bank account**. On Robosats, traders can use third party accounts. A total no-go on Bisq.
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