RoboSats: No-KYC P2P platforms

RoboSats is a peer-to-peer platform running over Tor that uses Lightning hold invoices as escrow, with no sign-up and no documents.

Specifications

RoboSats
KYC requiredNo
Escrow typeLightning hold invoice
BRLYes
PixYes
TorYes
FeesLow platform fee (~0.2%) + routing (to verify)
Open sourceYes
Mobile appto verify
Official sitehttps://robosats.com

How does it work in practice?

  1. Open the site over Tor and generate a random nickname (robot).
  2. Pick a sell order in your currency or create your own.
  3. Lock the collateral bond in Lightning.
  4. Pay the seller using the agreed method.
  5. Confirm and receive the satoshis in your wallet.

See all platforms

How to Buy Bitcoin Anonymously — See the book on Amazon

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.