Mostro: No-KYC P2P platforms
Mostro is a peer-to-peer trading protocol built on Nostr, where orders travel through relays and escrow uses Lightning.
Specifications
| KYC required | No |
|---|---|
| Escrow type | Lightning hold invoice over the Nostr protocol |
| BRL | Yes |
| Pix | Yes |
| Tor | to verify |
| Fees | to verify |
| Open source | Yes |
| Mobile app | to verify |
| Official site | https://mostro.network |
How does it work in practice?
- Use a Mostro-compatible client.
- Find an order published on the relays.
- The seller locks satoshis in the hold invoice.
- Pay in fiat using the agreed method.
- Receive the satoshis after confirmation.
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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.