KYC free stacking on bisq basics for idiots (like me)
1-take cash to bitcoin ATM at your seedy local convenience store (you have to have bitcoin for escrow to complete a bisq transaction)
2-use one-time text verification service (don’t use your phone number) to complete bitcoin ATM transaction and get paper receipt
3-Create login on bisq (write down seed phrase and use a VPN anytime you are on bisq)
4-transfer ATM sats into bisq (you no longer need your ATM keys) using your ATM receipt
5-choose payment method in bisq and look for offers (I use strike…but Zelle and other options are available)
6-look for offer to sell at 2-3% premium to spot price. If none exists make an offer to buy. You will get a bite within a day or so. Avoid the scammers asking for huge premiums.
7-once you click ‘buy’ in an offer, the bitcoin escrow is in effect and you wait for blockchain confirmation
8-after confirmation, USD payment sent to seller outside bisq (via strike or Zelle, etc)
9-congrats you now own kyc free bitcoin
10-periodically transfer your bisq bitcoin (leaving enough for escrow) to sparrow premix wallet and conjoin directly to your coldcard 2 of 3 multi-sig cold storage
If I can do it, anybody can do it!
BTC_Matters
npub1kj…5sysx
2023-02-21 14:41:46
in reply to nevent1q…9j59
Author Public Key
npub1kjm5j5j9xzm9jzvz38f65evrkwc7l8cmvktrlx97j3qmsu9nmzaqn5sysxPublished at
2023-02-21 14:41:46Event JSON
{
"id": "57dfe8dab54dbf86a17cdf404f5f85c6232bd11aae0c8fad7c51c0efdf7e50b7",
"pubkey": "b4b749524530b659098289d3aa6583b3b1ef9f1b65963f98be9441b870b3d8ba",
"created_at": 1676990506,
"kind": 1,
"tags": [
[
"e",
"b353fbb36e4ffabe231f3e023a6127c7141f5518e0f7a684df34a05adf1343dc"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
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],
"content": "KYC free stacking on bisq basics for idiots (like me)\n\n1-take cash to bitcoin ATM at your seedy local convenience store (you have to have bitcoin for escrow to complete a bisq transaction)\n\n2-use one-time text verification service (don’t use your phone number) to complete bitcoin ATM transaction and get paper receipt\n\n3-Create login on bisq (write down seed phrase and use a VPN anytime you are on bisq)\n\n4-transfer ATM sats into bisq (you no longer need your ATM keys) using your ATM receipt \n\n5-choose payment method in bisq and look for offers (I use strike…but Zelle and other options are available)\n\n6-look for offer to sell at 2-3% premium to spot price. If none exists make an offer to buy. You will get a bite within a day or so. Avoid the scammers asking for huge premiums.\n\n7-once you click ‘buy’ in an offer, the bitcoin escrow is in effect and you wait for blockchain confirmation\n\n8-after confirmation, USD payment sent to seller outside bisq (via strike or Zelle, etc)\n\n9-congrats you now own kyc free bitcoin\n\n10-periodically transfer your bisq bitcoin (leaving enough for escrow) to sparrow premix wallet and conjoin directly to your coldcard 2 of 3 multi-sig cold storage \n\nIf I can do it, anybody can do it!",
"sig": "3a4951dfbc76dd08736f239c3c9165a20a914c4c27c7823f5a452650b988f11a3f07c1e4e916f6ccc10e471a2bea76d727e4258da131ef950ef83ee27f3e01ae"
}