In good company :)
Only two more weeks until nostr:npub1z3suvdpeazw72l23t498qa3mz5az5ezzpnp5hdfsj9u7pfpfl7sqnttq8s ๐ฏ๐ต๐ฅณ
See you there soon!
Since we have received some questions regarding "Ban Viet" bank - yes, it is supported as is every other domestic bank in #Vietnam
Simply type in the bank you want to find and it shall show up in the dropdown menu ๐
Any feedback appreciated as always of course ๐
As the exit doors in Western countries are closing due to the upcoming need to recollateralize the system, the question comes up ever more often:
How can I use BitcoinVN as a non-Vietnam resident?
Using the Cash Offices or Bitcoin ATM's is of course not a practical solution if you have no boots on the ground.
Not often talked about, but:
Up to 250,000 VND (~10 USD) you can use our service globally to convert Fiat into Sats without the need to create an account with our service.
https://bitcoinvn.io/?deposit=vndwise&settle=btcln
Yes, we know those limits are very low due to the risks associated with accepting unverified fiat funds - but for a small steady stacking option, it is a viable option. ๐
For anything more, there are alternative pathways - and our OTC desk team ( https://bitcoinvn.io/otc ) is happy to help you navigate your options.
Pretty good privacy flow that covers *most* average Bitcoin use cases ๐
BUY ๐ค - For use when you want to obtain sats that are not tied to your personal identity #noKYConly
โก๏ธ Robosats Trade > Use proxy invoice when withdrawing to own your node > Accumulate/spend from own node.
SPEND ๐ช - For use when you want to use Bitcoin as money
โก๏ธ Not too much to say here, LN has good base level sender privacy when using your own node.
STORE ๐ง - For use when your node balance gets close to channel capacity, or to a value that you want to move to cold storage
โก๏ธ Carry out atomic swap on something like https://boltz.exchange (use the .onion address) to go from your Lightning channel balance, straight to an address controlled by your hardware wallet. Boltz has a 0.5% service fee, plus you'll of course need to pay miner fees, which are negligible at the time of writing.
NOTES ๐
๐ง Your purchase sizes are limited by your inbound liquidity. Plan ahead!
๐ง If you don't want to or can't run a node, swap out that step for a nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 Olympus channel with a lightweight node on your phone. I recommend Zeus because spends from there are more private than in Phoenix due to client side path finding
๐ง When using the proxy invoice feature in Robosats, you may need to adjust routing fee and proxy provider allowances slightly
Happy to take questions or comments. Put down the CashApp and give it a go anon, I dare you!
Likely not an option for the majority of your audience, but in #Vietnam it's still pretty simple to buy Sats without KYC procedures.
We do operate a Cash Office in Saigon as well as several Bitcoin ATM outlets across the area :-)
Possibly useful if on vacation and looking to grow the unregistered BTC stack :-)
2) Cashing out BTC (Lightning, On-chain, Liquid) to either cash (currently 5 cities supported) or bank wire (any valid Vietnamese bank account) is also supported.
Which allows visitors to live in Vietnam pretty easily without the need for a bank account :-)
For those, who don't know about us yet we will share some notes about the story & history about how #BitcoinVN came to be over the coming weeks and months.
BitcoinVN ( nowadays operating under BitcoinVN.io ) - originally named "Bitcoin Vietnam" - was registered in December 2013 and launched #Vietnam's first Bitcoin Exchange in March 2014.
Now, in hindsight and the year being 2024, the name "Bitcoin Vietnam" sounds certainly rather uninspired.
But:
In those early days the vast majority of the world (and local) population had not even ever(!) heard about #Bitcoin, a situation which is of course vastly different a decade on.
In those very early days, as the very first and second wave of actual business in the Bitcoin ecosystem started to form, naming your company "Bitcoin XYZ" was a very normal thing to do.
After all:
There was NOBODY ELSE in the whole region/country/city being involved with Bitcoin at all besides you and a couple of handful of other guys who all knew each other from Bitcointalk... - those were the days.
Help us zap โก๏ธ open a channel with our new node https://www.lnprofile.com/node/0377f04cf8ddee20a0f0bec7835a8849f22acfeb342301512c30a454712a823ad8
...added to our short list of next channels to open ๐
New Sponsor for Base58 ๐ nostr:npub1j4lp9hmzd3rqlcw7mml09uwvwap0g5u5wx2qm2lzt9wcqt925jvqf4wzaa
ใใใใ ็พๅฐใใชใณใฉใคใณไธใงใใใใณใคใณใจๆณๅฎ้่ฒจใฎใใชใใธใปใใฉใใใใฉใผใ ใBitcoin ATMใฎ้ๅถใชใฉใ่กใฃใฆใใพใใ
BitcoinVN operates a bridge platform between bitcoin and fiat in Vietnam and online, as well as manage Bitcoin ATMs.
We're looking forward to see everyone in #Tokyo next month ๐
nostr:note1ktq6mewufer8x7hutmmtwxag3083lyex6xdfgy509sqqts2wlvrsk3tthu
Thank you for the conversation on Reddit today and glad to have you here.
We would recommend to also follow our friends at nostr:npub13ek3cargj3wtuduut5y0jkdlqkmvxmrvzzex96krzejjj580t9ashr4946 - if you ever make it out here, you'll find some good folks there.
Let's keep building - even if in war not everyone of us will make it out to the other side.
Team BitcoinVN will be present at #TBC2024
https://bitcoinvn.io/news/bitcoinvn-live-meet-us-in-bangkok/