Post
Topic
Board Currency exchange
Topic OP
Any Bisq experts here?
by
takuma sato
on 10/01/2024, 02:27:06 UTC
Im trying to find someone with experience on Bisq as I would like to give this a try. I would need to have some cash disposable each month without KYC. From all the options that Bisq offers, the only one I see as viable is cash by mail. Since the alternatives are to do bank transfers, which would leave a record for the taxman to ask about in x years, or meeting with random people, which is dangerous for obvious reason, the only alternative I see is to receive some cash bills on an envelope. Of course, this presents many concers from security and privacy pov, namely:

1) How do you find a seller you could trust?
2) How do you request a reasonable amount? what one should expect with this method?
3) How do you keep yourself safe from being tracked as the person that received the cash?
4) If you can use alternative addresses that aren't your home for obvious reasons, then what would these be?
5) What are some realistic fees to expect in this method?
6) How much time should you wait for the cash to arrive before you start to worry and what if it doesn't arrive?

Im just trying to understand how process works. Would be really handy to be able to sell a discrete amount each month for physical cash usage. Unfortunately the people accepting BTC are still a tiny %, and with current fees, it is too slow and expensive for cash usage anyway, I prefer to have the physical cash.