LNP2PBot: No-KYC P2P platforms
LNP2PBot is a Telegram bot that brokers peer-to-peer trades using Lightning hold invoices as escrow.
Specifications
| KYC required | No |
|---|---|
| Escrow type | Lightning hold invoice via Telegram bot |
| BRL | Yes |
| Pix | Yes |
| Tor | to verify |
| Fees | to verify |
| Open source | Yes |
| Mobile app | Not applicable |
| Official site | https://lnp2pbot.com |
How does it work in practice?
- Join a group that runs the bot.
- Find a sell order in your currency.
- The seller locks satoshis in a hold invoice.
- Pay in fiat and tell the bot.
- Receive the Lightning payment in your wallet.
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Frequently asked questions
- Does a P2P platform hold my bitcoin?
- On escrow platforms, bitcoin is locked in multisig or a hold invoice during the trade, not in a company account.
- Can I use instant bank payments in a no-KYC trade?
- Yes, they are common in fiat offers. They identify the payer to the seller, but they do not create an account at the platform.
- What if the counterparty disappears?
- With escrow there is a dispute process and the bitcoin stays locked until resolution. Without escrow, the risk is entirely yours.