Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Best Non-KYC Methods for converting fiat -> Bitcoin?
by
BrianH
on 17/02/2022, 04:51:54 UTC
⭐ Merited by d5000 (1)
Thanks for all the great suggestions! AgoraDesk looks very active.
Almost all fiat-to-BTC traders would require you to upload ID,even if they are using a platform like Bisq.
Trust is everything in this business.
This is not true at all.
There are no id requirements for Bisq.
Bisq locks the trader's funds and an additional deposit (15-100%) in a multi-signature wallet.
It is nearly a trustless transaction.
If they try to steal your money, you can submit the transaction to a Bisq third party moderator. The moderator volunteers their time and is paid by the platform.
If the moderator steals from you, you receive your funds back and their deposit.
Try it.