Dear #Nostr community: please describe your experience buying or selling #BTC for fiat in the cash app. Good, bad, indifferent? How high are the fees? Any "gotchas," restrictions or privacy leaks I should know about? Recommended alternatives?

#Openquestion #Newb #Help

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Unless you have a really convenient way to get non KYC Bitcoin then Cash App is probably the easiest way to buy. Fees are lower than Coinbase.

You can get kyc-free sats through mining

Just buy hashrate and send to mining pool account

I started a project - Rigly.io - to make this easy for people

Cool I will check that out. Are there other reasons someone would want to do that in addition to kyc-free sats?

Yeah if you wanna support the network or take a chance on solo mining

Sounds promising, but I don't know what it means to 'buy hashrate' or 'send to mining pool account.' Not to be a pain, but could you please link to documentation? I want to learn! 😅

Ah yeah

Our documentation may need some improvement..

If you go to rigly.io and buy the test drive, you'll get an email with details along with a mining pool account to start mining bitcoin

There's a step by step tutorial here too:

https://blog.rigly.io/how-to-create-a-braiins-pool-account-and-buy-hashrate-on-rigly/

Thank ya kindly! ðŸ¤