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18 sats \ 0 replies \ @lv99slacker 22 Dec
Dang. This appears to be for Euro plebs only. That's cool. Y'all definitely need more options.
Found this tutorial on YT:
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11 sats \ 5 replies \ @SwapMarket 22 Dec
How can it be non-custodial?
I don't seem to find how to get back EUR fiat.
I don't understand the reason to use this bot. People can just send Bitcoin to each other and save 2.5% fee.
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0 sats \ 4 replies \ @blockdyor OP 22 Dec
It’s non-custodial because the Bitcoin you buy is sent directly to the on-chain or Lightning wallet you type in the bot. While it’s centralized, meaning you can’t send Bitcoin to other users through the service, the bot is ideal for those who prefer a hassle-free experience without dealing with P2P transactions. It’s an all-in-one app that continually integrates the best solutions for buying (and even selling) Bitcoin with an high level of privacy. There are several options available within the app.
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0 sats \ 3 replies \ @SwapMarket 22 Dec
And if it fails to send and goes dark instead? Code running on a remote server is not trustless. And where is the option to sell Bitcoin for EUR?
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0 sats \ 2 replies \ @blockdyor OP 22 Dec
The service isn’t widely known but has been active for several years. If anything goes wrong, you know who to reach out to: @massmux. He’s a well-known figure in the space, runs multiple companies, and is a regular at conferences. Just to clarify, when I mentioned “sell Bitcoin,” I wasn’t specific enough. The service doesn’t allow selling Bitcoin for fiat (which would require operating as a licensed centralized exchange or a P2P platform). Instead, it let’s you do swaps between Bitcoin, Lightning, Liquid, and similar solutions.
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0 sats \ 1 reply \ @SwapMarket 22 Dec
Yes, that is why it is not "non-custodial". It requires trust in @massmux. Buying BTC for fiat can be done on any CEX and has no tax consequences. Going back is a problem. Swapping between layers can be done trustlessly and much cheaper at https://swapmarket.github.io
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0 sats \ 0 replies \ @blockdyor OP 23 Dec
Thank you for suggesting your service. Returning to the main topic, you mentioned that every exchange supporting BTC purchases with EUR or other fiat requires a level of trust, which is true. P2P solutions reduce this trust to a coordinator, like Robosats, or an escrow system, as seen with Hodl Hodl. However, I’ve encountered numerous attempt of scams in P2P setups, where malicious actors try to get you to release funds before escrow confirmation or other types of disputes. This shows the inherent risk in P2P trading—you can never be entirely sure who you’re dealing with.
Fiat-to-BTC transfers aren’t as straightforward and trustless as the submarine atomic swaps of your service; they rely on banks as intermediaries. What stands out about @massmux ’s service is its integration of APIs from well-known platforms like Pocket Bitcoin, Azteco, and others. But the biggest advantage here is the simplicity: you just launch the bot, and it presents the most suitable solution for your needs at that moment.
Tbh it’s a completely different experience compared to using a centralized exchange like Coinbase or Kraken, where you’re required to provide a passport, proof of address, tax returns, and even undergo intrusive practices like video verification (vKYC). These processes often need to be repeated every few months, making them incredibly frustrating and invasive. With Bitcoin Voucher Bot, I’ve never been asked for any personal information, as it operates on a no-KYC or light-KYC basis, ensuring a much more private and hassle-free experience.
Having tested various exchange methods over the years, I see Bitcoin Voucher Bot as more of an aggregator for fiat onramps, swaps, vouchers, and similar services. While the fees are generally higher, I believe the convenience and efficiency justify the cost.
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101 sats \ 1 reply \ @DarthCoin 22 Dec
Very nice guide !
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0 sats \ 0 replies \ @blockdyor OP 22 Dec
¡Gracias, tío!
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