Replying to Avatar TheBitcoinManual

You can change the default to your own wallet, my issue with to nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3samnwvaz7tmjv4kxz7fwvd6hyun9de6zuenedyhsz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9uq3jamnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kz7qgmwaehxw309ahx7um5wghx7unpdenk2urfd3kzuer9wchsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0qyxhwumn8ghj7cnjvghxjme0qythwumn8ghj7un9d3shjtnnw3hkuetj9e3k7mf0qyfhwumn8ghj77n4wghxummnw3ezuumc9uqzpfr52aezuy968gn3l0nsgqje50zd5t848073uxvp8qs56g6svn7z75xmwz is they didn't allow me to use PayPal because apparently theres a lot of charge backs, but F&F paypal payments cannot be charge backed

And they first want me improve my score ranking first, but I have no other paymet methods other than going to go get L-USDT which means I first need to go buy USDT from somewhere else and then swap into L-USDT, pain the arse so I gave up and just bought via #robosats

No you can't, that's what I'm saying. When I input the address I wanted to use, they prompted me with some bullshit about Swiss regulations and having to sign a decalaration. They don't even provide any sort of explanation about how you're supposed to sign it (if you're an idiot who is willing to do such a stupid thing). All they say is "If you don't want to sign, use our wallet". So I don't use their wallet, or their app.

Based on what I've seen, the premiums people expect on that platform are even stupider than on Bisq, and any potential savings based on batched transactions are lost, and probably by a large margin.

On Bisq a marker maker pays only one of four transactions involved in a trade. The taker pays for the other 3. That usually works out to be 6-7k sats for a taker.

And still, even on days like today which I am skipping because I consider the sellers are being unreasonable, I could buy as much BTC as I could for as little as a 5% premium, while the average on Peach is closer to 10% over market.

So not only the savings would be lost, but I would be losing big time buying there, in fact.

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Ah i didn't know that, when I couldn't trade, I didn't bother to check the other settings and just deleted the app.

10% isn't all that bad, i've seen and bought at way bigger spreads on Paxful and nOones in the past. Robosats has great premiums, just the order book isn't that great too few users willing to go through the hoops I suppose

Dude, seriously. I have never paid more than 3% on Bisq. I have been able to catch several discounted trades under market price in fact. There's no need to give money or sats away to anybody xD

I am also factoring in the paypal fees when having to do P2P,

My P2P experience I find it depends on the liquidity in your currency pair.

- If I purchase in South African rands for example the P2P market premiums are crazy (7-50%) based on the size but the fiat rails will be cheap sometimes even free to transfer but because so few traders are doing it so they're no they can charge what they like, the standard premium between lets say a coinbase and a local exchange is already 4% so they likley factoring in that when arbing

- If I want lower premiums I need to get stablecoins, or deal with paypal, skrill, wise

P2P isn't just about the premium on the spot buy I factor in the entire process of getting into BTC

You don't like Wise? I operate in multiple currencies seamlessly and with unbeatable costs, it's the best way to take advantage of the different liquidities among pairs, precisely. Bisq is very heavy EUR-BTC, but I do trades in USD and have even done some in JPY ane SGD

I signed up for Wise a few years ago, and I had some issues with the KYC and never bothered logging back in lol, if fiat rails give me a problem i quickly give up, but Bitcoin I am happy to go and sit for hours debugging an issue