New to Robosats | Bitcointalksearch.org

Jon_Hodl

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Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

Hi from UK,

Does Robosats only works in Tor only or works in any Clearnet browser that does not require connection to the Tor network 1st and if so there is no limited functionality on the Clearnet version in compared to its Tor version?

Yes, RoboSats only works in Tor if you want any privacy. Technically you can use it without but if it's on clearnet, your IP can see all of your traffic.

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Usually what are the typical average premiums % of buying & selling orders for quick trades?

In my experience, they are about 5-7% but if you're patient, you can buy at 0% premium.

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What if for example a buyer likes to buy a large amount bitcoin lets say 1btc at $100k using robosats, is it possible with just 1 robot account and with just 1 buy order without breaking it down into smaller orders and usually how quick for this buy order to be filled? Best suited for Fiat or stablecoins? The reason buyer does this because of fear of CEX freezing account even after completing KYC.

There's very low liquidity on the RB order book so you're best bet is to break it up into smaller payments of around $100-$500

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For swaps on Robosats does this meaning trading for stablecoins and if so what stablecoins are supported on robosats?

RoboSats supports any form of payment method that you want. The other party just has to accept the payment method. If you want to pay with Euros via SEPA, then the seller has to acccept that as a form of payment. If you want to pay with Pokemon Cards by mail, the seller has to accept that as payment.

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When it comes to selling which are the most popular fiat payment methods to accept to reduce chargebacks much as possible? There is no chargebacks for stablecoins?

There's no chargebacks with stablecoins because it's "crypto". When the seller sends you an address, you send the stablecoins to that address and they release the bitcoin payment. There's little to no risk of fraud because the address that you send payment to us in the chat and you can easily prove that you sent to the address if you can provide the TXID that you used to make the payment and maybe a screenshot of the payment in your wallet.

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Has there ever been a case in the past where the robosats company or hosting 3rd party of Robosats has a frozen a large trade or transaction, lets say for example a buy or sell trade of 1btc? Where are the hosts of robosats website for clear & Tor located?

Not likely since there's isn't really that much liquidity on the lightning network to send/receive 1 BTC payments via RoboSats.

dim_mak5

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Quote from: tranthidung on November 13, 2024, 11:34:51 AM

Quote from: dim_mak5 on November 13, 2024, 11:25:04 AM

The links on kycnot.me are not safe & been hacked for fake phishing links? The only safe links are in ANN threads?

Where can I see user reviews on exch.cx and thy have no history of freezing accounts?

When you are reading reviews on any third-party website about other platforms and services, it's for reference only. You will have to double check these reviews by your own due diligent research with other review websites, or with your own skills.

Automatically trusting information on any review website is bad because their reviews can be biased, bought, or out of update.

KYCnot.me has its history of very low update intensity and you know this market changes very quickly. FTX exchange collapsed within a week.

Alright any alternatives to KYCnot.me that has more updates? FTX is KYC CEX so is KYCnot.me legally obliged to cover the news of FTX collapse?

dim_mak5

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Quote from: tranthidung on November 13, 2024, 11:19:19 AM

Quote from: dim_mak5 on November 12, 2024, 06:33:58 PM

Can Dai be frozen in your own wallet?

It can not, as far as I know, but there is risk of peg loss like other stable coins. Fortunately with DAI, it has lower risk of losing its peg but remember risk exists.

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Yeah is there any bitcoin layer 2 or 3 stablecoins on lightning or liquid network or whatever?

I don't know and I don't pay attention on it, but you can check or ask in a thread dedicated for discussion on Bitcoin layer 2, 3, side chain.

Sidechain Observer - Bitcoin L2 Projects & current state of development

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What triggers USDT or USDC to freeze your stablecoins in your own wallet?

They can seize your USDT, USDC in your wallet through smart contract and it's because these stable coins are launched by centralized companies too. They have to follow orders from governments to seize your money.

What is DAI backed by exactly? Is it Ethereum so if Ethereum price crashes then Dai will lose its Peg?

Does DAI uses Smart Contracts too that can be misused?

dim_mak5

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Quote from: ThemePen on November 12, 2024, 11:22:45 PM

Hello dear! Robosats works on both Tor and regular browsers without needing Tor connection and both versions work same. Buying and selling fees usually range from 1 to 5%. You can make large trades like 1 BTC for $100k with one account and order but breaking it into smaller orders fills faster. Robosats accepts fiat and stablecoins but stablecoins are safer from account freezes. Popular stablecoins are USDT USDC and DAI. For trades Robosats uses stablecoins. To avoid payment disputes use bank transfers SEPA or wire transfers. Stablecoins eliminate this risk. Robosats has not frozen large trades and has global and secure hosts. Withdrawing large fiat sums $100k might flag bank attention but stablecoins reduce this risk. Robosats prioritizes security and anonymity and varying KYC requirements. Always check payment terms and consult Robosats support for details.

What about using Robosats Clearnet version via a VPN instead of Tor? I ask because Tor is so slow.

Alright for example there's 100 million sats in 1btc, robosats allow 4 million sats max trade for 1 order right? So for example a user if a user wants to sell 1 btc on robosats then the user must do 100 million divide by 4 milliom = 25 sell orders correct? And these 25 sell orders will get filled quickly you say? However is the user paying fees 25 times?

Why fees so high on robosats?

How many secure hosts robosats has globally?

tranthidung

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Quote from: dim_mak5 on November 13, 2024, 11:25:04 AM

The links on kycnot.me are not safe & been hacked for fake phishing links? The only safe links are in ANN threads?

Where can I see user reviews on exch.cx and thy have no history of freezing accounts?

When you are reading reviews on any third-party website about other platforms and services, it's for reference only. You will have to double check these reviews by your own due diligent research with other review websites, or with your own skills.

Automatically trusting information on any review website is bad because their reviews can be biased, bought, or out of update.

KYCnot.me has its history of very low update intensity and you know this market changes very quickly. FTX exchange collapsed within a week.

dim_mak5

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Activity: 84

Merit: 11

Quote from: Potato Chips on November 12, 2024, 10:21:29 PM

Quote from: dim_mak5 on November 12, 2024, 06:41:50 PM

Alright I see in the link that the max trade allowed is 4 million sats. You know which other p2p exchanges that don't require you to download anything to use its p2p service like robosats but without such limits supporting lightning or liquid networks?

I'm not aware of any, unfortunately. But I see you have mentioned buying BTC with stablecoins. It's not a p2p exchange but it's privacy friendly and there is no nightmare kyc/aml policies haha. If you're interested, try exch.cx, you can exchange stablecoins (in ETH chain) to BTC L1/L2 -- there are other coins, too.

I would recommend using the onion link, see ANN thread: https://bitcointalksearch.org/topic/exch-instant-exchange-btc-ln-xmr-ltc-eth-erc20-577207. I've used this several times and can personally vouch.

PS consecutive posts with less than 24h gap is not allowed. you can multi-quote in a single post.

Yeah don't mind using stable coins or fiat.

The links on kycnot.me are not safe & been hacked for fake phishing links? The only safe links are in ANN threads?

Where can I see user reviews on exch.cx and thy have no history of freezing accounts?

tranthidung

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Farewell o_e_l_e_o

Quote from: dim_mak5 on November 12, 2024, 06:33:58 PM

Can Dai be frozen in your own wallet?

It can not, as far as I know, but there is risk of peg loss like other stable coins. Fortunately with DAI, it has lower risk of losing its peg but remember risk exists.

Quote

Yeah is there any bitcoin layer 2 or 3 stablecoins on lightning or liquid network or whatever?

I don't know and I don't pay attention on it, but you can check or ask in a thread dedicated for discussion on Bitcoin layer 2, 3, side chain.

Sidechain Observer - Bitcoin L2 Projects & current state of development

Quote

What triggers USDT or USDC to freeze your stablecoins in your own wallet?

They can seize your USDT, USDC in your wallet through smart contract and it's because these stable coins are launched by centralized companies too. They have to follow orders from governments to seize your money.

ThemePen

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Hello dear! Robosats works on both Tor and regular browsers without needing Tor connection and both versions work same. Buying and selling fees usually range from 1 to 5%. You can make large trades like 1 BTC for $100k with one account and order but breaking it into smaller orders fills faster. Robosats accepts fiat and stablecoins but stablecoins are safer from account freezes. Popular stablecoins are USDT USDC and DAI. For trades Robosats uses stablecoins. To avoid payment disputes use bank transfers SEPA or wire transfers. Stablecoins eliminate this risk. Robosats has not frozen large trades and has global and secure hosts. Withdrawing large fiat sums $100k might flag bank attention but stablecoins reduce this risk. Robosats prioritizes security and anonymity and varying KYC requirements. Always check payment terms and consult Robosats support for details.

Potato Chips

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Quote from: dim_mak5 on November 12, 2024, 06:41:50 PM

Alright I see in the link that the max trade allowed is 4 million sats. You know which other p2p exchanges that don't require you to download anything to use its p2p service like robosats but without such limits supporting lightning or liquid networks?

I'm not aware of any, unfortunately. But I see you have mentioned buying BTC with stablecoins. It's not a p2p exchange but it's privacy friendly and there is no nightmare kyc/aml policies haha. If you're interested, try exch.cx, you can exchange stablecoins (in ETH chain) to BTC L1/L2 -- there are other coins, too.

I would recommend using the onion link, see ANN thread: https://bitcointalksearch.org/topic/exch-instant-exchange-btc-ln-xmr-ltc-eth-erc20-577207. I've used this several times and can personally vouch.

PS consecutive posts with less than 24h gap is not allowed. you can multi-quote in a single post.

BitMaxz

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Quote from: dim_mak5 on November 12, 2024, 06:33:58 PM

Can Dai be frozen in your own wallet?

For DAI unlike USDT or USDC, this one is unfreezable that is the only stable coin that can't be frozen and we have already discussed this here link below

- https://bitcointalksearch.org/topic/can-dai-stablecoin-be-frozen-5488008

Quote from: dim_mak5 on November 12, 2024, 06:36:32 PM

Sorry I meant fiat payments methods, not the crypto payment methods.

However if USDT or USDC can be frozen so too it can be reversed right?

For fiat, yes, possible, You can reverse or charge back the transaction depending on what bank but for USDT nor USDC transactions are not reversible.

dim_mak5

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Quote from: Potato Chips on November 12, 2024, 04:34:10 PM

Treat the clearnet as an informational website only and do your trades over TOR.

Also, yes there are limits see: https://learn.robosats.com/docs/limits/ and technically, you can enter whatever payment method you want in robosats.

There are other privacy oriented p2p exchanges that don't have such limit however, it must be noted that they're not gonna be as liquid as traditional CEXs for big amounts, sadly. You may check at kycnot.me

Alright I see in the link that the max trade allowed is 4 million sats. You know which other p2p exchanges that don't require you to download anything to use its p2p service like robosats but without such limits supporting lightning or liquid networks?

dim_mak5

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Merit: 11

Quote from: BitMaxz on November 12, 2024, 12:50:44 PM

Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

When it comes to selling which are the most popular fiat payment methods to accept to reduce chargebacks much as possible? There is no chargebacks for stablecoins?

I never heard there's a crypto that you can able to chargeback or reverse the transactions unless the transaction is rejected by the network, like paying a very small fee; it's usually rejected by the network.
This is not the same as Paypal, where you can dispute the transaction and request a chargeback. Everything in crypto once it was confirmed and recorded to blocks there's no way to reverse them back.

If you have lots of questions and you want to know more about robosats why not directly contact them through SimpleX that is there active public support, and I'm sure all questions can be answered in a few minutes. Or join to their Telegram group here https://t.me/robosats

Sorry I meant fiat payments methods, not the crypto payment methods.

However if USDT or USDC can be frozen so too it can be reversed right?

dim_mak5

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Quote from: tranthidung on November 12, 2024, 10:34:02 AM

Quote from: Jawhead999 on November 12, 2024, 10:25:15 AM

Centralized stablecoins is technically reversible, even worse if you use payment processor instead of non custodial wallet. DAI i.e. decentralized stablecoin is better than centralized stablecoins, the worse is fiat.

Stable coins are risky because most stable coins are centralized and they can depeg to fiat currency value.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets
Stable coins: a deep dive into valuation and depegging.

They can ban your address and freeze your stable coins in your wallets too. It's very dangerous.
Stable coin and blacklists.

Can Dai be frozen in your own wallet?

Yeah is there any bitcoin layer 2 or 3 stablecoins on lightning or liquid network or whatever?

What triggers USDT or USDC to freeze your stablecoins in your own wallet? Lets say for example a user sells 1 btc for $100k USDC on coinbase and withdraws that $100k USDC to his/her hardware wallet, can be frozen in own wallet?

Coingecko reports the last 24hr trading volume for USDT is $122 Billion, usually what percentage of this gets frozen?

dim_mak5

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Quote from: Jawhead999 on November 12, 2024, 10:25:15 AM

Quote from: dim_mak5 on November 12, 2024, 10:03:25 AM

On the Clearnet version of the website it displays this message:

You are not using RoboSats privately
To fully enable RoboSats and protect your data and privacy, use Tor Browser and visit the federation hosted Onion site or host your own app.

It says to fully enable robosats then use the Tor version meaning the Clearnet version is limited? Also is there a robosats app that you can host yourself like Bisq?

I check both on clearnet and darknet version, both of them are same. I guess the "fully enable" refers to privacy feature they have.

Sure they have their own apps https://github.com/RoboSats/robosats/releases/tag/v0.7.2-alpha

Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

When it comes to selling which are the most popular fiat payment methods to accept to reduce chargebacks much as possible? There is no chargebacks for stablecoins?

Centralized stablecoins is technically reversible, even worse if you use payment processor instead of non custodial wallet. DAI i.e. decentralized stablecoin is better than centralized stablecoins, the worse is fiat.

Tor is more private by default I guess. Yeah with their own app can it be downloaded from Google or Apple store to your phone or is it windows only and is just like bisq no need to go on the robosats site to trade?

Is Dai supported on robosats?

dkbit98

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Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

Hi from UK...

Asking eight questions in one post is way to much for anyone, plus there is already Robosats ANN topic, and their website is available if you want to ask them for more information.
It's obvious what is the difference between Tor and clearnet, Robosats even explains it clearly when you open their website.

Potato Chips

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yesssir! 🫡

Treat the clearnet as an informational website only and do your trades over TOR.

Also, yes there are limits see: https://learn.robosats.com/docs/limits/ and technically, you can enter whatever payment method you want in robosats.

There are other privacy oriented p2p exchanges that don't have such limit however, it must be noted that they're not gonna be as liquid as traditional CEXs for big amounts, sadly. You may check at kycnot.me

BitMaxz

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Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

When it comes to selling which are the most popular fiat payment methods to accept to reduce chargebacks much as possible? There is no chargebacks for stablecoins?

I never heard there's a crypto that you can able to chargeback or reverse the transactions unless the transaction is rejected by the network, like paying a very small fee; it's usually rejected by the network.
This is not the same as Paypal, where you can dispute the transaction and request a chargeback. Everything in crypto once it was confirmed and recorded to blocks there's no way to reverse them back.

If you have lots of questions and you want to know more about robosats why not directly contact them through SimpleX that is there active public support, and I'm sure all questions can be answered in a few minutes. Or join to their Telegram group here https://t.me/robosats

tranthidung

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Quote from: Jawhead999 on November 12, 2024, 10:25:15 AM

Centralized stablecoins is technically reversible, even worse if you use payment processor instead of non custodial wallet. DAI i.e. decentralized stablecoin is better than centralized stablecoins, the worse is fiat.

Stable coins are risky because most stable coins are centralized and they can depeg to fiat currency value.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets
Stable coins: a deep dive into valuation and depegging.

They can ban your address and freeze your stable coins in your wallets too. It's very dangerous.
Stable coin and blacklists.

Jawhead999

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Quote from: dim_mak5 on November 12, 2024, 10:03:25 AM

On the Clearnet version of the website it displays this message:

You are not using RoboSats privately
To fully enable RoboSats and protect your data and privacy, use Tor Browser and visit the federation hosted Onion site or host your own app.

It says to fully enable robosats then use the Tor version meaning the Clearnet version is limited? Also is there a robosats app that you can host yourself like Bisq?

I check both on clearnet and darknet version, both of them are same. I guess the "fully enable" refers to privacy feature they have.

Sure they have their own apps https://github.com/RoboSats/robosats/releases/tag/v0.7.2-alpha

Quote from: dim_mak5 on November 12, 2024, 09:32:23 AM

When it comes to selling which are the most popular fiat payment methods to accept to reduce chargebacks much as possible? There is no chargebacks for stablecoins?

Centralized stablecoins is technically reversible, even worse if you use payment processor instead of non custodial wallet. DAI i.e. decentralized stablecoin is better than centralized stablecoins, the worse is fiat.

dim_mak5

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Quote from: tranthidung on November 12, 2024, 09:51:07 AM

If a site has both Tor and clear net, you can use both.

More information and reviews about Robosat, please read "Show non-conflictive ToS reviews"
https://kycnot.me/service/robosats

If they don't allow users to user clear net, they don't waste time and resource to create it, only for View mode, it's very unnecessary.

On the Clearnet version of the website it displays this message:

You are not using RoboSats privately
To fully enable RoboSats and protect your data and privacy, use Tor Browser and visit the federation hosted Onion site or host your own app.

It says to fully enable robosats then use the Tor version meaning the Clearnet version is limited? Also is there a robosats app that you can host yourself like Bisq?

Topic: New to Robosats (Read 180 times)