Global Feed Post Login
Replying to Avatar DarthCoin ₿⚡️

A question for nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqydhwumn8ghj7mn0wd68yttsw43zuum9d45hxmmv9ejx2asqyqlnlaadkwg4n3pvp2sk657qfqalh7k40hez4857jdj2xpn5r6ev7t32q08

I used Bull Bitcoin option to pay a (fiat) bill to an IBAN (Instant SEPA).

All worked super fast and smooth.

Usually I have a friend that pays my fiat bills, so I gave him my sats and he pay from his bank all my fiat bills. But now he went dry on fiat so couldn't do it for me. So I have to use Bull Bitcoin new feature.

My question is: how you guys operate these payments to fiat IBAN?

I am interested to know if my sats goes straight to "Saylor bags" or are kept in Bull Bitcoin bags until somebody else wanted to buy them?

Which scenario is used?

1. BullBitcoin take my sats and keep them in a reserve, not selling instantly on open market and they pay the fiat bill with BullBitcoin fiat reserves (or fiat from other users that want to buy BTC).

2. BullBitcoin take my sats and instantly selling them on open market

I would prefer to know that a new nocoiner is buying my sats from BullBitcoin and not going to "Saylor's bags" or other bullshit treasuries reserves.

Avatar
R0terdam 2mo ago

Is this service of bullbitcoin kyced?

Reply to this note

Please Login to reply.

Discussion

No replies yet.