110 sats \ 1 reply \ @P2P_bitcoin 14 Jul 2022 \ on: Bisq or Robosats bitcoin
Here's another post, here on SN, with an article that has some more info on RoboSats:
Check out my Bitcoin Magazine article on RoboSats!
#45169
https://bitcoinmagazine.com/business/robosats-private-bitcoin-exchange
RoboSats uses Lightning network only, thus there is a trading size limits as payments on Lightning for larger amounts (currently) may not be as reliable (i.e., greater chance of failure in completion).
Here's how to get started with RoboSats:
- https://learn.robosats.com/
- https://learn.robosats.com/watch
To trade on RoboSats, you will need to use it through Tor (e.g., Tor Browser), but there is a "View" only website you can use to see how it looks and see the orderbook:
- https://unsafe.robosats.com
- https://unsafe.robosats.com/book
Bisq, on the other hand, doesn't use a browser. It is software that you install that runs a payment protocol that exists on top of bitcoin. Bisq is for on-chain bitcoin payments only, meaning no Lightning support (yet, ... Bisq v2 is in development).
One caveat, ... for both RoboSats and Bisq, you will need some bitcoin first in order to buy bitcoin. (essentially a security guarantee that is required to help ensure that you aren't just wasting the time of your trading counterparty).
Thank you for this detailed comparison!
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