Bitcoin Forum

Hey Bitcointalk!

I would like to introduce you to Peach, a mobile application that directly connects buyers and sellers of BTC. Bitcoin is winning, we believe we are part of the good people who wanna win with Bitcoin, and we want Peach, whose aim is make stacking sats p2p the standard, to be known.

Building a great product is cool, but it’s cooler if people actually use it.  :)

We want peach to learn from the user insights! We intend to strengthen our position in the p2p niche and want to start with Bitcointalk, moreover, we have already started some preparations, so we will announce ourselves in full force very soon! Please feel free to ask!

- https://twitter.com/peachbitcoin
- https://peachbitcoin.com/how-it-works/

I'll reserve this post in case I need extra space for an announcement.  ::)

Steph, Welcome!

I am glad that you heeded my advice and turned your eyes towards mere mortals.  :D

I am sure that Peach will definitely become an excellent addition to those projects that are already presented on the forum.

Once again, welcome to Bitcointalk!

Welcome to the forum!

It is good that you decided to officially introduce your product here. But even before you doing this, there has already been a discussion (https://bitcointalk.org/index.php?topic=5444162.0) of your platform here. Although there are some who appreciate the way PeachBitcoin works, there are also those who are skeptical. For one, it is an issue to some that your app is closed-source.

You must understand that trust is not easily earned especially if there are security concerns raised. Perhaps you might want to spare some time and drop by the thread discussing your platform and respond to the legitimate issues raised.

Welcome to the forum,

Nice to see you here with the mobile platform where today almost people used it.

Is it possible to add our currency (IDR) to Supported payment methods? We have GoPay and OVO also, which I think those National Options payment is very popular in my country, and that possibly will bring Indonesia Customer comes to use your application.

And I hope the developer builds up to another platform like Windows, and immediately listed to another application like the Apple store. (it is still testfligth).

Welcome to the forum!

We need more peer-to-peer (p2p) exchanges so that we can enjoy trading without KYC. I'm not quite familiar with the service, but I'll do some research and give it a try. The p2p exchange that I'm using now is Binance p2p, but I had to undergo a KYC for my account, so this one would be good to retain our privacy.

Just leaving this here.... (congratulations).

I guess after the Paxful incident, PeachBitcoin will become a gulliver very soon.  ::)

I shared more or less the same point in the french forum. After localbitcoins, paxful, and others, there is a big audience to grab.
With a correct business plan and a smart communication strategy, I won't be surprised if PeachBitcoin becomes bigger than Bisq and hodlhodl together. And I'm serious, the company has the potential and if everything is planned correctly, it can only work.
People working for the company must be motivated. I mean, it's always exciting to work for a company and take the challenge when you know it can work

I installed the application to use it. Very rarely I install something because I hate mobile phone, but PeachBitcoin is interesting

What surprised me is this tweet:
...
8000 app downloads, 5600 trades completed
...
 :o
Quite high for a begining, but at least it shows there is a demand

Sheeeesh look that bitcoin 🍑

I tried to install the app using the "DOWNLOAD ON ANDROID" button, but it seems that either the URL is incorrect or the app has been removed from google play store?

https://i.ibb.co/vxcdnN7/Not-Found.png

i searched the app on google play store and it says:

https://i.imgur.com/7uXaOcm.jpg

btw, i searched for 'peach bitcoin' and 'peachbitcoin' as well.

both searches had similar results.

Forget about the Play Store. You can just download the app from the official website if you want to use it.
https://peachbitcoin.com/apk/

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@Peach Bitcoin
I assume you are no longer in a beta stage? The first time I heard about the service, it was still being tested and not yet ready for massive adoption.
Can you give us some more stats about how things are going so far?

LeGaulois already mentioned 8.000 downloads and over 5.500 completed trades.
What about countries, currencies? Are there any geographical restrictions, and how many fiat currencies are supported? 

They only support these currencies as they mentioned on their website- https://peachbitcoin.com/how-it-works/#:~:text=Supported%20Currencies
EUR
GBP
CHF
SEK
DKK
NOK
PLN

They have something called meetup for cash transactions though I haven't checked them by registering. I think they should consider adding more supported currencies so people around the world can easily trade. Only that will help them reaching more audience, otherwise, in such a competitive market, it will be very hard for them to continue the business.

Interesting. Those are all European fiat currencies. The pound, Swiss franc, Swedish/Danish/Norwegian Krona, and the Polish zloty. 
Still, we are missing the Czech koruna, the Bulgarian lev, and the Russian ruble. Not to mention the USD and other non-EU currencies. I wonder if the service is even available in the US, Canada, China, Australia, etc.?

So on iOS peach is in TestFlight. On google, peach is in the European countries store (anyone with android can download the apk).


- usd will never be added and Us IP are banned (regulations).
- russian ruble due to sanctions and regulation.
- the chinese yuan is of no interest to us, since we are focused on europe.

We will soon share weekly peach market stats from our newsletter. 🍑

Nevertheless, we have ~800 open offers to buy open all the time (the average transaction amount is 250 CHF).
There is currently a demand for CHF 200,000 per day, although we only meet about CHF 10,000 per day!

As for Google Play, I found the app, so I don't know why some users have problems finding it. Of course, the option is to install directly via APK, but such an installation requires the user to allow installations from unknown sources - it is much simpler (mostly and safer) to install the app directly from Google Play Store.

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@Peach Bitcoin, my suggestion when it comes to payment options -> Aircash (https://aircash.eu).

Too bad that there are so many restrictions and that you are solely focused on the EU and nothing else. I also find it regretful that a huge nation like Russia is blacklisted. Bitcoin is a currency of everyone or no one, but that's your decision.

I tried searching for it manually and couldn't find it on my PC. I didn't try over the phone. "PeachBitcoin", "Peach Bitcoin", or simply "Peach" doesn't show me any good results. Can you post the link to the app so I can check?

I can't open applications via download on android also in my phone. But, I can install it via download APK on Android.
I believe this is the play store problem.

try it here: https://play.google.com/store/apps/details?id=com.peachbitcoin.peach.mainnet

It would be best if the service were available globally, but the EU is still a huge market with just under 500 million people and one of the richest areas in the world. In the future, there is always the possibility that the service will expand outside the EU. As for Russia, it is not only a matter of a personal decisions, but also the fact that most of their banks are on the blacklist, and anyone who would try to avoid these sanctions by offering this kind of service would only create additional problems for himself.


@blue Snow gave the correct link, and via a smartphone, the result for the keyword "peach" puts the app somewhere between 4 and 6 places on the list of results, and although it was not the case yesterday, today when I search for "peach bitcoin" I get a direct link to the app.

Hi Peach, nice to see you here, I am glad you joined Bitcointalk forum :)
Please tell me are you official representative or team member of Peach Bitcoin app?

I noticed your app before and last month I created my own discussion topic for Peach, so you can see can take a look there for any additional feedback:
https://bitcointalk.org/index.php?topic=5444162.0

What's up with the rumors you are going to release Peach app as open source software?
That would be great, if it happens.

I spotted you a few months ago on https://kycnot.me/. Always a good thing to see more non-KYC and real peer to peer trading platforms popping up (not centralized exchanges advertising themselves as P2P). Hope you do well!

A few questions if you don't mind:

1 - Your privacy policy states that you collect the details of fiat payment methods, as well as receiving bitcoin addresses. How long do you store this data for?

2 - Your privacy policy states you share email addresses with MailerLite for the purposes of marketing. Why can't users opt out of this?

3 - Your FAQ says the following:

I assume this is a 2-of-2 multi-sig. Is this correct? Can you share your additional script on top of the standard multi-sig script which allows you to spend these coins with a single private key after 4,320 blocks?

Suggestion!

Make backing up of seed phrase mandatory when one is just creating an account by asking the user to confirm the seed phrase they have just written down.

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Link doesn't work

I tried installing the app on my PC via Windows subsystem for Android, but the option to install is greyed out as shown in the picture. Any suggestions?

Windows subsystem for Android has always worked for me when installing other APKs I want to use on PC. it's an emulator of sorts.

https://talkimg.com/images/2023/05/14/blobd399d1f6fb9f0382.png

I wasn't aware of this service, congratulations on launching it @Peach Bitcoin! Besides the fact that it is P2P, I also like the UI that you provide in your application, great design you've got there!
I might have understood this wrong, but if you take a closer look at their privacy policy[1], on chapter 4.1 (Lawful basis for processing your information) there's this entry:
This message seems similar to the one that you're given regarding Google Firebase & Google Analytics:
However, Google Firebase & Google Analytics is clearly shown as (opt-in) - on the service providers section - but the entry related to MailerLite isn't. Perhaps this process happens automatically as soon as you register on the platform? Still, according to the previous quote, your data will only be shared if you choose to opt-in during the registration phase?

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[1]https://peachbitcoin.com/privacy-policy/ (https://peachbitcoin.com/privacy-policy/)

App is region locked on playstore. I'm guessing you were coming from an IP address outside Europe? I tested it with a few Europe IPs and it worked fine.


Were you using WSA pacman? if so, there's a redditor with a similar problem, perhaps you might find a fix, see: https://www.reddit.com/r/Windows11/comments/uqbpn0/install_option_is_greyed_out_in_wsa_pacman_any/

It says you can opt out of receiving emails, but not that you can opt out of your details being shared with their marketing agency.

Either way, I see no reason they should be sharing my details with marketing agencies at all.

Congratulation for the launching  ;)

anyway do you need Indonesia translation if you do feel free to DM Me

By default (and within the registration stage) they should list all the services that they work with and allow their users to choose which ones they are comfortable sharing data with (I really believe that a large number of people don't mind their data being shared - especially the ones that instantly click on "Accept all cookies"). In an effort to understand this stance with marketing e-mails, I believe that the main purpose of sharing early access users with MailerLite is to more easily distribute weekly newsletters to share what's being developed at the moment and keep in touch with the "early adopters" as a way to also help them promote their service. Still, I believe this action could also be presented as an option for the user since this is the only option that is left out (Zammad interaction will only be needed if we need to get in touch with their customer support it seems).

Of course, but if we are talking about apps and services specifically designed to allow non-KYC trading and preserving privacy, we shouldn't be happy with accepting that bare minimum.

Weekly updates and so forth could be on a landing screen on the app, which results in no need to share details with third parties.

Still, I suppose it is easily countered by just using a new email address.

I just took a look a your web and I must say it is a delight to the eyes, I love the artistic approach you went for.
If you would like a suggestion from me: you should consider to add support to markets or BTC/FIAT pairs from countries where Bitcoin has a wide volume and increasing adoption. For example, Nigeria, Venezuela and Argentina.  🍑🍑🍑

Those are countries where the demand for P2P will continue to grow through time.  :)
If you ever need someone to translate English to Spanish, send me a PM. We may do business.  ;)

I'm happy to tell you that it isn't a rumor - Peach Bitcoin twitter account actually tweeted[1][2] that same promise:

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I may be wrong on this assumption, but I would say that Peach Bitcoin is, for now, focusing only on the EU markets. They recently stated that they don't operate in Africa for now[3] and all of their offers regarding currency reflect their Europe focus. Take, for example, their US stance regarding expansion[4]:
While they are losing a great deal of customers of US (for example), I think that a steady and organic grow is always recommended when we are speaking of small entities starting out. EU has a great deal of users that they can target and once their product is more matured perhaps they'll revalue again their stance. Entering in the US means being (perhaps) even more regulated since they have different legislation applicable, but only time will tell I guess.

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@Peach Bitcoin - Could you eventually share, if possible, a roadmap of things/features to come? Every time I check your Twitter page you've got raving reviews and it seems that the developers behind the product are great, so kudos for that!

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[1]https://nitter.net/peachbitcoin/status/1646840615781400577 (https://nitter.net/peachbitcoin/status/1646840615781400577)
[2]https://nitter.net/peachbitcoin/status/1638643362260557824 (https://nitter.net/peachbitcoin/status/1638643362260557824)
[3]https://nitter.net/peachbitcoin/status/1648306037571698689 (https://nitter.net/peachbitcoin/status/1648306037571698689)
[4]https://nitter.net/peachbitcoin/status/1634609225669439490 (https://nitter.net/peachbitcoin/status/1634609225669439490)

Not everything is so clear. For now, we are a small company and will scale up and solve problems as they come.
Therefore, at the moment we are focusing on those things that can give impetus to our development, I hope you understand.



1. If you allow me, I will refer (https://bitcointalk.org/index.php?topic=5444162.msg61971005#msg61971005) to this post.

2. This is an opt in into the newsletter. We now use sendinblue instead of mailer lite (t&c and privacy policy are super old tbh).

3. Our first test on mainnet (Under details you can find this part).


We are working on 2 weeks sprint basis. Perhaps we can make that available on GitHub as well!

What’s coming in the next release (Monday):


Then in 2 more weeks (sprint 11):


Following sprints:

If possible please do indeed. I think that transparency is always great to see in any kind of company, especially the ones that are being developed within the cryptocurrency world. As for the sprints ahead, I'm really looking forward for those features, especially the one where you mention you'll make the app open source as well - I suppose it will eventually happen this year, perhaps sometime during the Summer. Fingers crossed!

I've also noticed that whenever a user wants to export their funds to other wallets, he/she isn't able to do a custom amount - they are only able to either send the whole funds or don't send at all. Do you also plan to implement a feature to tackle this experience?

Yeah, unfortunately I am currently outside Europe, and it seems their focus is only on some European countries as seen by the fiat currencies supported by the App.
I guess this is where I swallow the bitter pill, knowing that I will never be able to use their service.

10 years seems very long. Which jurisdiction are you based in which requires this length of data retention?

I would suggest that having an up to date privacy policy is pretty important. I certainly wouldn't be happy to find my data had been shared with third parties I hadn't agreed to.

They are probably under Swiss jurisdiction, according to their privacy policy and terms & conditions page.
I remember they said limitation for cash trading was also according to Swiss law, and company registered address is:
https://peachbitcoin.com/terms-and-conditions/
https://peachbitcoin.com/privacy-policy/

How could I miss it. The best is "for-meetups" section. I really hope the project attracts a lot of people and people register regularly for meeting up to do there trades.

Welcome to the forum.

Congratulations for announcing your service here on the forum!

I already knew the app, since the beta version and still closed to the general public. At the time I already thought it was a very good app. But, with this version open to all things got much better.

I recommend using it, as it is simple and practical to use. Totally satisfied and I hope they continue to grow. By the way, I believe that with the approval of MiCA by the UE, this service will become even better.

I'll keep an eye out for news, and if I have any suggestions, I'll come here and share.  ;)

@Peach Bitcoin I have a question:
 
When we buy bitcoin, the money stays in the app's wallet until we transfer it to another wallet. Whenever we make a purchase does the bitcoin go to a different address or is it always at the same address?

As far as I'm aware, Peach Wallet generates a new/different address for each individual buy offer that you take. You can also change the payout address in Settings -> Payout address if you want to specify a different one.

Thanks! This can be really useful, to achieve increased privacy. As this way, we can manage each purchase individually and not combine two purchases and thus guarantee greater privacy.

We just hope they continue to grow and have enough sellers/buyers to go around.

Now that you talk about "growing", Peach Wallet is currently trying to get a "nomination" to pitch their product in Prague in the next BTC Prague event[1]. In order for them to make it, they are competing with more startups in a voting event - where you vote by donate sats - here[2] where the top 8 most voted will advance to the final round of pitching their product within BTC Prague event. All sats received will be donated to "Haima Ostrava, Clinic of Children's Medicine Department of Pediatric Hematology and Hemato-oncology"[2].

I guess that if you ever used Peach Wallet and ended up liking the product/concept, it never hurts to donate some sats to see it it is able to reach the pitching phase  :). The more P2P solutions out there, the better!

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[1]https://www.btcprague.com/ (https://www.btcprague.com/)
[2]https://app.mash.com/voting/3d5c163b-2409-4c32-99fe-1ff115afa1aa (https://app.mash.com/voting/3d5c163b-2409-4c32-99fe-1ff115afa1aa)

I really can try to help. Thanks for the tip.  ;)
Now they have a very low percentage, it shouldn't be easy to get. We'll see.


Do you know what happens to the money that is donated if the project fails to get the pitch?

So far they have 36 projects[1] competing for being within the top 8, and all of the sats gathered during this stage will be donated (independently if only 8 projects reach the final stage). No sats will be lost  :).

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[1]https://nitter.it/BtcPrague/status/1650798485011066880 (https://nitter.it/BtcPrague/status/1650798485011066880)

Just letting anyone interest knowing - Peach Wallet has been updated to v0.2.5 (as of 27/04/2023). Changelog:
This update implements the previous changes that were first announced here[1]:

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[1]https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530 (https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530)

Most important thing is they added more meetups and payment options to choose from.
If someone is interested to create new meetup location in their country/city contact them on website meetup page.
I saw they added Keks Pay for  payment option for Croatia, and few other options in online wallet options.

Suggestion for Peach Bitcoin devs... create dark theme option for app please.

I'm still confused with the meetups. ::)

When you go to the event, all the folks are supposed to be a Peach Bitcoin user? Or random bitcoiners groups are listed at peachbitcoin.com/for-meetups? I mean the group that goes to the restaurant to talk BTC.
And I may perhaps find a PeachBitcoin user?...

From the list I've seen, I think that random groups can also be listed in the app.
The idea is for the user to choose to make the payment when meeting the person. The app being the escrow service.

You can find more information regarding meetups here[1] @LeGaulois. As far as I'm aware the concept is to be seen as a partnership - if an organization is having a Bitcoin meetup for numerous reasons (to talk about certain aspects of the technology for example) they can get in touch with Peach and also provide the option for whoever is attending the meeting to exchange cash for bitcoin using Peach wallet as a safe "heaven" that promotes the exchange. You can already select the option of "Cash" whenever you use the app, but whenever you are near a Bitcoin meetup that has partnered with Peach, you will also get alerted that you can do a cash exchange physically (and, more importantly, in a safe environment that meetups provides).

The company also provides some cool merchandise to help promote the service and it also shares 1% of the trading volume with the organization body of the meetup[1]:
To directly answer your question: Not all Bitcoin meetups will have a partnership with Peach Bitcoin (especially in the current early stages of the service, but this will surely improve long term). Whenever you're in doubt just look up into the application and see if there's a nearby meetup hosting this service and, when you're there, just look out for these[2][3][4] signs and you'll know you're in the right place.

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[1]https://peachbitcoin.com/blog/peach-for-meetups/ (https://peachbitcoin.com/blog/peach-for-meetups/)
[2]https://nitter.it/peachbitcoin/status/1649172239432949762 (https://nitter.it/peachbitcoin/status/1649172239432949762)
[3]https://nitter.it/einundzwanzigBS/status/1648725294709080066 (https://nitter.it/einundzwanzigBS/status/1648725294709080066)
[4]https://nitter.it/itsTomekK/status/1646848369078198274 (https://nitter.it/itsTomekK/status/1646848369078198274)

Found another two pieces of information in Peach Telegram channel that I believe are relevant for archiving purposes (and to better understand how Peach is going):

Regarding how the app manages the encrypted bank details that are used in the app when a SEPA Payment is made:
https://talkimg.com/images/2024/01/20/3Dymj.png

Secondly, as per Steph announcement (who I assume runs the OP account) today, Peach has surpassed the millionth CHF volume traded (which equals to roughly 45 BTC as of now). For a project that started in September of 2022[1][2], I find this amount awesome and it makes be believe that P2P adoption has a good future ahead.

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[1]https://nitter.it/proofofsteph/status/1565355174599737344 (https://nitter.it/proofofsteph/status/1565355174599737344)
[2]https://nitter.it/peachbitcoin/status/1565626429504733184 (https://nitter.it/peachbitcoin/status/1565626429504733184)

You can find all the details on their website and contact them for more information/explanation.
Every communication before meeting is done over the app, and locations are popping up everywhere in Europe, but there is still lot of room for growth and improvement.

Is that PeachBTC telegram group available for everyone or only for beta testers because title sounds confusing?
Encrypting bank details is cool but we don't know what type of encryption they used and I will have my doubts until they release open source code and someone verifies encryption is good.
I prefer meetings because you don't need to share many personal details over app.

First of all, I want to say that I really like your answers guys, but I have run out of opportunity to like you!

I would like to add that we are also concerned about the current situation around the Ordinals, as this has caused us a lot of inconvenience. We are realists and we perfectly understand that in the absence of a softfor, this can happen again (thank God, now the mempool has unloaded a little).

- We are thinking of integrating LBTC (with an integrated swapping service).

I would be grateful if you would share your opinion on this in a more detailed form.  :)

I am expecting developers to disable ordinals junk spam in next bitcoin updates, and if some degens want to fork off (again) let them do it.

This is a good idea, but only if BTC to L-BTC swap is done without any kyc procedure or extra complicated steps.
You can also consider adding Lightning Network as alternative for lower amounts or when transaction fees are high again.

Why would you implement support for a permissioned federation when you have options like Lightning and Monero available to you?

I doubt it very much. There is nothing even close to consensus about this on the mailing list, and even if there was, it would likely take months of discussion on GitHub before a viable pull request was ready to be merged.

I'm not really familiar with Liquid so my opinion isn't worth much, but I guess it all depends on the demand there is for it. Have you got requests from users to integrate it?
I mean, looking at liquid.network (https://liquid.network) I can barely see any transaction, and besides Blockstream's wallet I don't any major wallet integrating it (I may just be ignorant, tho). Of course it's always nice to see support for different technologies and someone has to go first, but as a startup with limited resources, you may want to think twice before doing it.

From what I understand swapping between BTC and L-BTC is also holding adoption back. As someone not familiar with Liquid, my point of view is that it should be as transparent / seamless as submarine swaps on Lightning, with very small fees and of course no KYC. But I don't know if that's realistic.

I'm sure you have already thought about integrating Lightning, but I'd like to mention it once again, as it's probably the most used scaling solution today. Also, that's more of a personal thing, but for some reason I tend to use desktop wallets for on-chain transactions and mobile wallet for Lightning ones, and since Peach is a mobile app...
In more concrete terms, I think Peach is great for onboarding newcommers. And I think we tend to onboard people with Lightning wallets, as they usually start with small amounts and most bitcoiners are familiar with this technology.
That being said, Liquid would also work for that use-case... if it was actually used.

Edit: one drawback with Lightning tho, is that you would likely need to implement a custodial solution.

Indeed, that's another concern. (Although scaling Bitcoin is most a matter of compromises.)
Lightning is quite concentrated around a few companies, but at least the protocol is open and anyone can run their node and choose the people who they want to open channels with.

You can literally see transactions happening all the time on mempool explorer, it's not like BTC mainnet for sure, but I am not expecting it to ever be like that.
As for wallets I know ledger hardware wallet is supporting Liquid chain, they have app and it works connected with Green wallet, and we also have Jade hardware wallet with full support.
I don't know any other wallets supporting Liquid chain yet, but many centralized exchanges are supporting it.
One good thing about Liquid (and I don't like federated blabla blockstream) is the fact we can use confidential transactions, and enter/exit stable coins much easier.

Interesting, I just re-discovered this due to your post (https://bitcointalk.org/index.php?topic=5421713.msg62257029#msg62257029).. ;) I do appreciate more P2P trading options, and the website design is definitely pretty and appealing.

But do you know what's missing on your webpage? A big, bold GitHub (or other VCS) icon. Or am I just blind? O0

While I do understand that with a mobile app, you can appeal to a mass audience, I believe many Bitcoiners will prefer to run such software on desktop and / or in browser. Especially if you don't compile the mobile app yourself, there's no way to really know what kinds of data it collects about you / your device and where it sends such data.

Just from a UX standpoint, I'm interested to know whether the application will need to stay online for the trade offer to remain online (like on bisq). Else how do you deal with smartphone apps' limited background-running capabilities?

I don't know how to answer that, but I can comment on the analysis I did.

The only permission the app requests on Android is notifications and camera access (which I'm denied). Notifications are only for the person to be notified when an offer match occurs (at least they were the only ones I received).

Therefore, it concludes that the offer is online, without the need for the app to run in the background.

So there is already one issue here: notifications on Android are delivered through Firebase FCM (https://en.wikipedia.org/wiki/Firebase_Cloud_Messaging), which is a centralized Google service. On iOS, they are delivered through APNS - which is the same thing by Apple. In the worst case, iOS users' notifications are actually managed through Firebase and delivered by APNS (https://en.wikipedia.org/wiki/Apple_Push_Notification_service); so both companies get to know the contents of their notifications.

If the application does not need to run in the background and you can still find a trade partner, I assume there is a centralized server somewhere that keeps offers online. This could be both a central point of failure as well as a privacy concern, especially if the application doesn't connect to it through Tor. Is anything known about this? Otherwise, the server could easily gather and store IP addresses and transaction details, such as payment methods and names.

---

Depending on the details, this could be almost as bad as a centralized exchange when it comes to privacy.

If we had open-source client code, I could easily check if users' name and payment details are properly encrypted and only visible to their trading partner, for instance. Or whether the Tor connection exists / is set up properly. Best-case would be a serverless, decentralized architecture like what's used in bisq.

Right now, I believe Robosats (https://bitcointalk.org/index.php?topic=5405549.0) may honestly be a more private option, since you use it through Tor and it receives no 'device information' like a mobile app, doesn't deliver notifications through centralized Google / Apple servers and so on.

There is no username, just an ID assigned by the app. Yes it's a username, but it's not the person's name. And the payment methods are all processed outside the platform, the platform being just a means of communication between the parties.

I am speaking from my experience. Either way I understand the concerns.

How exactly do they 'process the payment methods outside the platform'? In the next sentence you say that it's a means of communication.

So I assume that as a seller, you send the other party your fiat payment information (which often includes your real name) through the application's communication system, right?

Just trying to understand.

Then it will depend on the method used as a means of payment.

For example, when I tested it, I used a payment method that simply indicates the mobile number to send the money. In that sense, the seller sent me a mobile number, to which I sent the money. I gave the indication in the app that I sent the money, and a few minutes later the seller indicated that he received it, and the BTC was transferred.

The question now arises is how the app stores this type of communication. Whether it's point to point or not. But that, I can no longer answer. On the other hand, as there is no kyc, it is difficult to obtain a court order to present the data. Whose data, if they don't identify anyone?

Looking at my example. Even if the seller has problems with the law, the only information they have is the transfer of money via mobile phone. A system widely used among friends and family to pay for group meals, so little to no indication that it has anything to do with BTC.

Well, mobile phone numbers are nowadays often tied to real identities using KYC. So if this communication is not encrypted end-to-end without backdoors or implementation flaws, a three-letter agency could knock at Peach's door, fetch a copy of their data, map phone numbers to identities and end up with a nice list of 'suspicious P2P Bitcoin investors'.

A non-insignificant number of governments nowadays push the narrative that striving for privacy, trying to avoid KYC and using P2P exchanges instead, for instance, is suspicious / criminal behavior or criminally motivated.

I'm not saying no, I'm just giving an example of a use case. It is also complicated now to explain how the app works. You can still use VPN to access the app, and not use VPN when paying. But, they would have to be investigating someone specifically, to be able to draw those conclusions. And it should be noted that there are payment methods that are only available in each country, being the users of that country to know how to use it in the best possible way. But, I'm not saying it's impossible.

Almost any P2P method has elements that can be unidentifiable. Unless both people meet and hand money to each other.

Now, Peach has to create (if she hasn't already created) a way for the data not to be stored, at least for a long time.

Yeah but I don't think you can use Robosats for meetups and trading face to face for cash, plus I think there are much more options in Peach compared to Robosats.
I think adding support for Tor would be a good idea for Peach, and maybe Robosats and Peach Bitcoin can work together in future.
In theory Peach could alter create web app with limited functionality, like The Bitcoin Company did with their no-kyc cards.

Communication is done within Peach app and I think it's encrypted, so I don't think there is anything connected with phone numbers.
My biggest complain to Peach is that source code needs to be released as open source, for code encryption to be inspected for bugs and exploits.

Tor and open-source code are an absolute must for me. Robosats does have a 'F2F' option, by the way. You can even enter a custom payment option yourself.
Even if Peach may have more features, privacy should always be number 1 priority. But I guess it could be a good alternative to CEX for mobile users who don't own a computer that runs Tor Browser.

Why limited? I'm really interested to understand why this needs to be an app. Maybe I will just install it in an emulator and have a look myself.

Their Google Play page says they collect the in-app messages, crash logs, diagnostics, and device identifiers. Such an identifier would let them connect your trades, whereas reloading Robosats will give you a completely fresh, unlinked identity.

https://i.postimg.cc/VNd3pBNQ/image.png

Be aware that 'encrypted in transit' merely refers to the usage of HTTPS (TLS). When the data reaches the server, it is in the clear again. If you're unlucky, they might use Cloudflare, so those folks will have a copy of the data as well. As long as there is no end-to-end encryption in place.
Usually people use E2E as a selling point and plaster it all over the place, which I haven't seen on the pretty Peach Bitcoin website yet.

https://i.postimg.cc/vZpz8Wzd/image.png

One good thing I did notice is that they use a Let's Encrypt (https://en.wikipedia.org/wiki/Let's_Encrypt) TLS certificate for their website at least, instead of Cloudflare.

Yes that is exactly the reason why I like what Peach is doing.
There are much more mobile users than computer users today, especially in third world countries, so growth potential is much bigger.
If I had the option to choose I would always use desktop solution with Tor, something like Bisq or Robosats is good for that.

It's limited for The Bitcoin Company (and their cards), and I don't know why, maybe because it's still in early beta phase.
I have no idea how thsi would work for Peach Bitcoin.

Well yeah, that is what you get when you install most of the google and iOS apps, but I am not sure if the same happens with direct APK file.
It's certainly a good to read Terms & Conditions and Privacy Policy page before using Peach:
https://peachbitcoin.com/privacy-policy/
https://peachbitcoin.com/terms-and-conditions/

Just one more note on this point: you don't need to do everything on the same mobile phone.

You can install/use the app on one device. And then make the payment via another device. Payments are made outside the app, so you can easily do things without linking one thing to another.

I was looking for a technical reason; if it's due to being in early beta, they could just as well have focused on getting it to work (at all; as well as with non-limited functionality) in an anonymous browser before doing the app, for instance.

Sure, but I prefer reading code instead. Only code gives you the full picture and confidence about what data is really collected and uploaded to their servers.

Just letting you know that this has been discussed in the beginning of the thread[1] - the plan of this application is to go open source in the near future (I would say that it still could happen this year, but one never knows). Peach also gave an the interview recently[2] with the Foundation team and the open source subject is discussed here[3]. On that subject, I could sum up their reply in the following bullet points:

• They want verifiable source code first to legally protect them against possible application copies based on their work;
• It also took them a lot of time to get their API ready (which seems to be almost ready) in order to make sure that 1 person only has 1 account and doesn't exploit the system (in this case the daily trade limit) and thus comply with regulations. Naturally their API will also be open source;
• The planned license to implement in the MITCC. MITCC basically allows any user to use the code to create another application but aren't able to create a company based on the code used (by Peach Wallet). This was also explained better on this segment of the podcast[4].

---

[1]https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530 (https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530)
[2]https://www.youtube.com/watch?v=w_dh6nusghk (https://www.youtube.com/watch?v=w_dh6nusghk)
[3]https://youtu.be/w_dh6nusghk?t=2196 (https://youtu.be/w_dh6nusghk?t=2196)
[4]https://youtu.be/w_dh6nusghk?t=2386 (https://youtu.be/w_dh6nusghk?t=2386)

Though I am commenting late but nothing is late in the forum. Exchange is one of the best platform in the cryptocurrency ecosystem world. But which of the exchange is the best customer friendly is the issue on ground. The one that is trying right now is Binance exchange platform. So if you are coming to the exchange platforms then you have compete with Binance if you can do that.

People will use it when they discovered that the platform is good to use. It is the people will still advertise it to other people so the major thing here is your customer friendly attitude.
Then you have to create two campaigns here in the forum for the massive awareness. Signature campaign and Review campaign. These two campaigns will give you enough customers to the site.

I don't think that Peach is ready for mass marketing (yet) and it seems that I am not the only one thinking about that[1]. If I were them, I would wait until their previously shared roadmap is done[2] before considering making a signature campaign (if they ever do one). The reason for that is simple - you have to have a mature product in order to receive/attract a larger audience than they currently have. So far the UI also seems to be a bit rough in some areas but also the options could be improved (for example you only have the option to empty your Peach Wallet to an address of yours, you can't make a custom transfer). Make no mistake, I totally support small companies in spreading a word regarding their product, but I also believe that in order for a campaign to be successful, the product itself has to have a certain maturity in order to avoid the usual problems that non-mature app have (crashing, confusing UI, servers overloading, amongst others).

In the future, if they do decide to run a campaign here, I'm sure icopress is up to the task :).

PS: I think it is worthwhile to mention that, despise having invested 0 sats[3] in their app, their volume traded has surpassed a million CHF[4]. Congratulations on the achievement @Peach Bitcoin!

---

[1]https://nitter.it/peachbitcoin/status/1659993332196470785 (https://nitter.it/peachbitcoin/status/1659993332196470785)
[2]https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530 (https://bitcointalk.org/index.php?topic=5448414.msg62121530#msg62121530)
[3]https://nitter.it/peachbitcoin/status/1661434993606885389 (https://nitter.it/peachbitcoin/status/1661434993606885389)
[4]https://bitcointalk.org/index.php?topic=5448414.msg62190426#msg62190426 (https://bitcointalk.org/index.php?topic=5448414.msg62190426#msg62190426)

I agree, even if I am not developer and can't read the code very well, but I know other security experts will do it.
Good news is that Peach devs announced they are moving everything to opensource, but without any eta.
It would be best if they could say more about that, since they are already registered in forum.

Dies MITCC means MIT Common Clause license?
If that is the case, than this is not really open source license, similar stuff is used by Coldcard and this is verifiable code.
I will have to find some time to listen that podcast.

Reading your definition of it and after listening to the podcast section, I would say that yes, it is the same license. This is mostly because your information matches with my bullet points - they want to protect the code to be used by other people and prevent (exterior) financial benefit.

I'm not a fan of this either. They want the benefits of open-source: have other people look at their code, getting people to help them find bugs, the good reputation of FOSS etc. while not committing to real 'free open-source software'.
It would only be fair to let people use the code freely by e.g. launching a modified version of the code, for instance to make a Monero exchange or whatnot. Then, the original project can learn from the bug fixes and modifications of the 'fork team' and implement those changes, too. Win-win.
Also security-wise, I highly doubt you will get any 'free security reviews' and bug fixing pull requests if people are meant to do them purely out of the kindness of their heart.

This license is better than closed source but it's clearly not open source.
I don't want this to become industry standard, just because you don't want someone else to fork your code (and maybe improve it).
However,  this is still better than current license they are using now, but they shouldn't put open source label on it.

I guess we should all thank ''NVK coldcard'' for this invention... shame^(not) Satoshi was not so ''smart'' to do the same thing with Bitcoin license  :P

It looks like my unobtrusive congratulation turned into a lot of retweets for my pizza.  8)

That sure is some devotion to both pizza and Peach! I sure hope it was as tasty as it looks! Peach gets exposition and you get to taste some delicious pizza - Win win?

Sorry for the double post but thought that this could be interesting - As of 15th of June, Peach has surpassed 55 P2P BTC traded in their app/service. In about 1.5 months they were able to increase the volume by 10 BTC which is great considering that their marketing is still low and they are still ironing out their app. Congrats @Peach Bitcoin!

Looks like Peach is heading in the right direction.  :P


I also spoke with Steph not too long ago and she was kind enough to share what they want to focus on in the near future.


Guys... I can't tell you what a positive charge comes from this bitcoin maximalist.

Taking advantage of that update, I recently also found out that QnA (Head of Customer Service of Foundation Devices[1]) wrote a really in depth guide[2] regarding how to use Peach Bitcoin that is really useful for users that may be interested in trying out the service.
Regarding going open source, @capoczino, the lead developer of the wallet, has recently talked about it:

---

[1]https://foundationdevices.com/about/ (https://foundationdevices.com/about/)
[2]https://bitcoiner.guide/peach/ (https://bitcoiner.guide/peach/)
[3]https://nitter.nl/capoczino/status/1681546380836319232 (https://nitter.nl/capoczino/status/1681546380836319232)

I didn't know Nostr until 2-3 days ago. (yes I know, what a shame). It's amazing what can be done with it and when I thought about it, the idea is very similar to Bitcoin's keys.
By jumping in the train, PeachBitcoin would really be an early adoptor in this area.

Another thing:
They said the dispute rate is about 2%. Very low to me, but the matter was they're not in shame to say it. I was a bit surprised.
I've never heard a platform having this transparency about it.

(generally speaking, honesty is rewarding soon or later)

I think that being transparent on this subject is always good since disputes (and how they are proceeded, how much there are, etc) are always the first question that someone asks when they hear about P2P markets (at least whenever I engage in this discussion with someone else) and that is understandable since people want to feel that there is a system protecting both buyers/sellers. They are also very active on their Telegram channel as well regarding this - You just have to post your dispute and someone from their team will tell you their current status and what they can do to help you out. Overall a very direct and clear communication (which is great to see!), that allows for an easier adoption by trusting the system.

That's why I like Peach so much... I've spent dozens of hours texting Steph and I can say with confidence that she will defend Peach's ideals at all costs. They are having a pretty busy days right now as they prepare for the next seed round and if I had half a million dollars in Bitcoin I would definitely invest in them as Peach has a lot of potential. Lol... if anyone has half a million dollars in BTC let me know... i would like to borrow from you to invest in Peach.

Let's just think logically together (why the Peach is very promising).

• Ten31 became the leader of the round (Pre-seed).
• At the beginning of May, Peach surpassed one million trading volume in CHF (which at the time was approximately 45 BTC). ^{For a project that started in September 2022, I find this amount amazing, and it makes me believe that P2P adoption has a good future ahead of it.}
• There is practically no competition among peer-to-peer trading platforms (not centralized exchanges advertising themselves as P2P). ^{There are only a few names on the list - Bisq, Hodlhodl, AgoraDesk, Robosats.}
• Already, Peach has three times as many buy orders as the infamous Binance P2P.
• Peach fully operates on a Bitcoin Standard (Peach doesn’t have a bank account, has its reserve in BTC and will get its revenue in BTC.

Adding to this list is the fact that Peach has managed to reach these values with almost zero marketing and with a Beta product. Once they iron out some issues and polish their app overall, I'm sure they'll be able to reach higher levels. Their tactic so far - word of mouth - is good to generate awareness with almost no cost, but once they start focusing on marketing I'm sure they'll attract a lot more users. They just need to keep doing what they've been doing greatly so far.

I was one of the first guys who wrote about PeachBitcoin in forum, so I deserve some share of future profits, right?  Just kidding, but I am open for business ;D
They have big growth potential because many people still didn't hear about Peach or they never used it, so there are no sell/buy offers available in many countries.
Biggest problem for me so far is the fact they still didn't switch to (more) open version of code, and they are not available anywhere outside Europe, as far as I know.
I would also like to see Peach web version, that can work as alternative for people who already signed up with smartphones.

For everyone who had concerns about PeachBitcoin source code, good news that developers released it on their github page, and it is verifiable with Commons Clause plus MIT license.
I know clear Open Source license would probably be better, but they wanted to have basic code protection against forking, and I can understand that more than when some hardware wallets are doing it.
Blog article is explaining more this decision to go with MIT-CC license:
https://peachbitcoin.com/blog/open-sourcing-our-peach-app/

Source: https://github.com/Peach2Peach/peach-app/blob/develop/LICENSE.md

This makes PeachBitcoin one of the best mobile options for exchanging Bitcoin for cash, with no-kyc at the moment ^{(with reasonable limits)}.

PS
Make sure to update to latest Peach version that was released few days ago.

Just started using PeachBitcoin through the mobile app this week purely for its #kycfree feature.

I can only compare it to HodlHodl and I find PeachBitcoin unbelievably easy to use via the mobile app.

Its interesting that at this stage we are still classed as having "Early Access" after updating to
version 0.3.1.

https://talkimg.com/images/2023/09/29/Pvtwm.jpeg

Just want to say thanks for providing this #kycfree service.

Guess it's time to bump this thread - Peach Bitcoin has been receiving a lot of updates in the past months, anyone interested in the service should definitely check it out. A great catch up of what Peach has been doing is covered on their Christmas blog[1]. They now accept a lot of currencies as well (not active in USA).

Regarding market activity, per the latest blog[1], the service has "more than 15'000 trades completed/117 BTC traded/57'000 buy offers/22'000 sell offers (...)". Keep up the good work!

---

[1]https://peachbitcoin.com/blog/peachy-christmas-bitcoiners/ (https://peachbitcoin.com/blog/peachy-christmas-bitcoiners/)

I don't remember if it was already mentioned, but now it is possible to better manage the addresses used. Automatically, the same address is never used in each transaction, and when depositing money, you can also use new addresses. It is certainly an excellent way to increase transaction privacy.

I have used it for some transactions and I am super satisfied. Excellent app.

The UI also took a major refresh in order to simply the process and user experience. From a personal perspective I think it simplified the process while making improvement in better showing the available options that the service offers.

I thought that Peach app was only available in Europe, but I see they started adding a bunch of currencies from Africa and Latin America!
Great to see that Lightning and Liquid network are supported in Peach app, so there is no more excuse for not trading when fees are high, and you can use L-USDT as stablecoin.
They should really add dark mode switch, but otherwise I am impressed with progress they made so far.

They are not active in the ASIA region also? Seeing this thread, I thought finally another good and potentially P2P platform has arrived, but was really disappointed after not seeing any Asian currencies or payment method listed here. It would be really great if they can add payment methods from ASIA, as many Asian people really trade a lot in the P2P market due to the high fees imposed by their respective governments. Hence many asian people are avoiding the exchanges regularised by the government.

If you think PeachBitcoin is cool than wait until you watch THIS interview (https://youtu.be/luC5JTuIsRc) with Peach founder Steph, your mind will be blown away.
She is a very cool and smart bitcoiner from Switzerland and with Peach they are keeping everything they earn in Bitcoin, that means no bank account for them.
Make sure to update latest version 0.4.5 (246) Peach app.

They recently added support for a bunch of new fiat currencies so maybe you can find yours there also.

It's a pity that the app has a daily no-KYC exchange limit of around €1,000 forced upon them because of their Swiss regulator. You can, of course, trade more than that in one day, but you have to undergo KYC. I don't think there is a way to "cheat the system" even if you created a second/third account and used new payment methods. Your name and device info would probably give you away, among other things.

Hello, came here from the icopress thread, have looked at the entire platform and finally realized this service is only available for Europe, Latin America and Africa zone. Is it possible in the future for us in Asia, especially Indonesia to use this service?

Glad to know again from this service.
I decided to give a look at it again because I noticed you restarted your signature campaign and the fact you all decided to finally release your source code to the public and also offer your service to other markets like Latin America.  :) when previously it was only available for people in Europe.

I will definitely give this application a try if it turns out to be available in the Play Store for me. If I encounter a good volume and also a good interface, I would not even mind to go through Know Your Client process in order to use the application in a little more comfortable conditions.

Also, the design of your website is very good. My personal congratulations to your graphic designers and also your web programmers. Eager to know from this service in the future. 🍑🍑🍑

This amount is more than enough for most people, unless you are a bitcoin whale  or trader who wants to sell/buy millions all the time.

Write them in support or email address.
Owner Steph is great and she is always open for spreading to other regions, if there is enough interest.

 

Note: I was going to create this for a thread but on second thoughts, I feel it’s best fit to have it in the peach discussion thread since this could serve as some review.
Key:
(…) Dots displayed in this format indicates continuation of some form or removal of sensitive documents.
 
This is largely my observation this far with peach.

In line with my DCA strategy and given what is largely promoted on the forum, I did a brief understudy following what is available to successfully purchase some fractions of Bitcoin using peach and the following unfolded.

PHASE ONE:
It appears in the early hours of today using forum time 7am there about, the peach app was undergoing some maintenance and as such, I had to give it few minutes before I was allowed access to it’s features. During this time of maintenance, there was a notification about restoration of wallet using backup file or seed phrase. It appears I had none of that and this stretched on the importance and need to have them both backed up.
Notably: This wasn’t very much emphasized on during the registration process and truly, it’s as easy as advertised during registration but, if there is a possibility of being logged out by the system, hence the need for a backup, this should be communicated with emphasis on necessary need to do backups.
Suggestion: Just as in wallet creation, emphasis should be made upon account creation, possibly as it is done during the creation of none custodian wallet for file and seed phrase backups.

My Action: I quickly went to the setting icon on the app to backup my recovery file and get my seed phrase to document successfully.

PHASE TWO:
I proceeded to buying of Bitcoin. Here I was met with a different kind of rigor. Perhaps it might largely be due to my not understanding how to work the app but, this is my own encounter.

First thing was choosing a preferred payment currency and proceed to click buy. It opened for me a meter to adjust my buying range.
The app proceeds to ask you what wallet you might want your Bitcoin deposited in, either an external wallet or the peach wallet.
Notably:Here, you have an icon to link an external wallet but, it’s often met with an error message that states:
Manually customize and input external wallet address, the message pops up:
My address is displayed in a bar and the second bar bears this:
My address is then written out. On a third bar, your required to sign. Of course I tried this using my keys or even wallet password but was unsuccessful as both was said to be invalid. I then proceed to use the peach internal wallet before I was sampled with available vendors in the market with their various offers.

The problem: this was my attempt to use a none custodian wallet and it was a bit unsettling.

suggestion:
While the sales might be displayed in range, there should be a meter that inputs directly what amount you would be purchasing.

My Action: in line of ease of usage and not having a vivid understanding of the process I was going through, I had to abort the whole process.

FINAL PHASE
I logged off unsuccessfully with my buy attempt!

OBSERVATION:
The app doesn’t require you of a password to access, I don’t know what the procedures to sending out a coin is like but, I feel this should be put in place. Especially given the fact that, in the case of having your device accessed by anyone, they could proceed to your peach app and in the peach app, seed phrase and backup files could be accessed with ease and no security question is been asked.
Armed with this, wallet could be imported on another app and funds accessed.
There should be some security to the app upon access.

My brief experience/review of a new user upon first attempt.

It would be a good idea to add password or fingerprint protection to Peach app, but this is not mean to be used as a wallet for long term storage.
You should use Peach for trading only and than move coins to hardware wallet or other type of cold storage.
There is also an option to use External Wallet when accepting offers, just set up a custom address and you are good to go:

https://www.talkimg.com/images/2024/04/03/VVLk9.jpeg

https://www.talkimg.com/images/2024/04/03/VVcgN.jpeg

Of course that’s exactly what I was trying to avoid and you can imagine how pleased I was to have seen an external wallet feature on peach. It was an opportunity to leverage as you don’t go through having to pay for transaction fees since, the bought coins would be deposited directly to a none custodian wallet that could serve either of the above options. Armed with this piece of information I went ahead to try and explore the below,

Tried to use the provided link and the resulting error message is what I have put in the phase two of my earlier comment. Text in code one came up while I tried using the provided link and text in second code was the result of manually trying to customize my address after going some steps through the way.

It would have been a very pleasing feature in the event of a success on my path. Don’t know how other users if there are actually other users that have made success of this would have archived it but, I can say it’s still a nice idea by peach.

---

In the address label tab, one of the things I did was:
Used my wallet name there in as label and input my address in the second tab also,
I tried using the name I had customized my address with on my wallet for label and input my address in the second tab.

For each of my individual attempts, I was met with the same result and stocked at the same point, not being able to sign the address with my password or seed phrase. Don’t know how I did it wrong but, that was it.

I don't understand why you would need to sign address and use password and seed phrase.
This is just external receive address, you don't have to do anything with it, just use one from your hardware wallet or cold storage.
Maybe something is lost in translation since I think you are mot a very fluent English language speaker, and maybe I didn't understand you correctly.

Perhaps that was it but then, here is a screenshot from where I was held. I just had to attempt the process again to access that and my screenshot is just the next phase after the screenshot you uploaded earlier.


At that phase, I was required to sign my address as the arrow indicates but all attempts to do that successfully proved abortive or perhaps I didn’t get them right in what way or what was required to sign my address but, I attempted my password and seed phrase yet, none was successful.

Dude you should NEVER enter your seed phrase and password anywhere!!!
You don't understand how to sign and verify message with bitcoin wallets, but it's nothing complicated.
This is basic bitcoin stuff and I you need to learn it, this proves ownership of your keys and address, it has nothing to do with PeeachBitcoin app.

Here is simple tutorial how to do it with Trezor Suite and trezor hardware wallet, but it's similar with other wallets:
https://trezor.io/learn/a/sign-verify

Here is how to do it with Electrum wallet (older version):
https://medium.com/@bytether/how-to-sign-a-message-with-a-electrum-wallet-121f45f0bb40

If you decide to use the address that the app generates for you, then you are good to go (as in you can receive sats on it without the need to sign).
However, if you do decide to use other address than the one provided to you, and according to Swiss law, you must sign a message that you are in control of the address[1]. You are free to just do this process once (for just a particular trade) or just choose to always receive the funds in a new address[2].

---

He can also watch this[3] video from Peach official Youtube account that shows, step by step, what is needed in order to buy bitcoin to an external wallet (using Blue Wallet to sign the message).

---

[1]https://peachbitcoin.com/faq/trading/#what-if-i-dont-want-to-use-the-peach-wallet-for-the-payout-refund (https://peachbitcoin.com/faq/trading/#what-if-i-dont-want-to-use-the-peach-wallet-for-the-payout-refund)
[2]https://peachbitcoin.com/faq/trading/#how-to-sign-an-external-address (https://peachbitcoin.com/faq/trading/#how-to-sign-an-external-address)
[3]https://www.youtube.com/watch?v=d3STuVfFWfQ (https://www.youtube.com/watch?v=d3STuVfFWfQ)

That’s one of the oldest tricks to an address and I feel terrible to have even attempted using my seed phrase to sign an address on a third party site. I guess I’ve just got to discard that now and go ahead to create a new wallet.


Oh yeah, thanks guys I guess that’s where I got it wrong in the address signing phase. I felt it was what I would do right there from the peach app but I was wrong. It was for me to sign the address from my wallet and copy paste the signed message for verification, so yeah, I get it now.

By the way, the short tutorial and video was helpful. Wish the video came with a little music/tones to not make a boring watch. Am sure there are a lot of others that should learn from my attempt and misconceptions. Thanks guys!

Friends, Peach can offer favorable conditions to sellers from Switzerland. Let me know if anyone is interested  :)

In addition, if anyone is interested in making a profit as an investor, you can also contact me.

I am wearing the Peach P2P Bitcoin Excahnge app avatar and signature and I would like to write a brief review as my little way of showing support for this great project. This review is free and voluntary. it voluntary. I would start of by saying that I share in their great philosophy and values #kycfree. Thank you icopress form bringing it to the forum.

I was attracted to the exchange because of its unique features which is that you once you sign up on the platform, you can do your bitcoin P2P exchange without feeling unsafe. That is, there is no KYC verification and your privacy is secured.

Download

I followed the link provided by icopress on thread (https://bitcointalk.org/index.php?topic=5133015.0) in the service board. It opened their website and on the webpage, I was directed to down the app either from AppStore or Google Play. I clicked on the later. It opened my Google Play app and downloaded it.

Installation

When I opened the app, I got  a pop up to share usage data. I was shocked at first but became comfortable when I read the second paragraph that, "No personally identifiable information is ever collected. see also our privacy policy". I read the privacy policy just to be doubly sure. After which, I clicked on "sure" and then "next". This is the "Welcome Page" giving users an intro to the app with some messages such as
- peer-to-peer:  With Peach, you don't buy from us, but from other people. It's marketplace for bitcoin!
- peach of mind : We'll guarantee you get your part of the deal thanks to our advanced escrow and in-app support.
- privacy first: Your data is stored on your phone and is fully encrypted... we don't even want to know who you are.
- a wallet you control: Peach has a built-in wallet, so you can get started right away. No third-party apps required to use Bitcoin properly!

Sign Up

There was a box to enter a referral code. I did not enter any because I didn't have. So I clicked on the "NEW USER" . What popped up next was "Creating account" window. After about 15 seconds, the next window was "Account Created" and then another one asking me how I heard about Peach. It had several options - see picture below. I clicked on other. I was expecting to see "Bitcointalk Forum" as one of the options but didn't.

Home screen
The home screen has the price of 1 bitcoin to Euro, a link to the website, the number of open offers, and sell options, daily trading limit and other tabs to take you to the other parts of the app. They are the "Wallet", "trades", and "settings".

Settings
It has different options

• https://www.talkimg.com/images/2024/06/01/LOElj.jpeg
  contact peach - You can reach then via mail and report any issue. You simply click on whatever issue you want to report on. It opens a wind, you enter your email address, then your message and you can choose to tick the "include app logs" box or not and then hit send report. Alternatively, you can see for help via the community. They have a Telegram and Discord channels. Although when I clicked on the Telegram option, it showed "Expired Link- This invite link has expired."  

The administrators should look into this. The Discord option worked perfectly.

• about peach - contains information about the app. peach fees which I learned is 2% of the total amount of the trade and it excludes any other fees and markups. It also contains its socials, the type of security they use. They use bitbox which is open source to secure funds. There is also a link to their website, their privacy policy, terms and conditions. In the terms and conditions page, I learned that peach is not a crypto exchange but a marketplace that facilitates buying and selling of bitcoin among bitcoin users. Peach do not buy from or sell bitcoin to its users.
• On the Profile settings - it contains details about my daily trading limit(1021 EUR), monthly anonymous limit (1021 EUR), yearly trading limit (102123 EUR). I also had here, my account public key, date of creation, disuptes, number of trades, and an option to delete account.
• referrals- you receive referral point for everyone who signs up using your referral code. Please use my referral code - PRF18C and link - https://peachbitcoin.com/referral?code=PRF18C. Thank you
• backups - the two options here are the "file backup" to restore your Peach account and wallet. When you click on it, you will be prompted to create a secure password which must me at least 8 characters long. You enter the password and your back up is created. Then the "seed phrase" option which shows you your seed phrase. And you know what to do with it.
• https://www.talkimg.com/images/2024/06/01/LOkDf.jpeg
  network fees - the picture says it all. I like that add a custom fee. It makes it even better.
• transaction batching -it has a toggle when it is off has - "Escrow payouts are done right away. You're paying up to 30% more." When the toggle is on, the text becomes "Escrow payouts are delayed. You save up to 23% in network fees.". Depending on who fast you want the transaction, the toggle is up to you.
• payment methods -
  
  
  https://www.talkimg.com/images/2024/06/01/LOc6o.jpeghttps://www.talkimg.com/images/2024/06/01/LO7vm.jpeghttps://www.talkimg.com/images/2024/06/01/LO5n1.jpeg
  
  here there are two options. The first, is the online option and the second is the meetups. In the online option, you have the small + icon to "add new currency payment method". I clicked on it, there are currencies separated by continents. They include  -Europe, Latin America, Africa, and other. Because I am from Africa, I clicked on the Naira(NGN) and then next which took me to the next page for bank transfer and online wallets. In the bank transfer, you enter your payment details. I like that in the payment reference, they is a text that say, "don't mention bitcoin or Peach." My government has already issued a directive to banks to have the account of anyone found found trading bitcoin frozen and then the person will face some jail time. So kudos to peach having this reminder to their users.
  
  
  https://www.talkimg.com/images/2024/06/01/LO9gW.jpeghttps://www.talkimg.com/images/2024/06/01/LOguJ.jpeghttps://www.talkimg.com/images/2024/06/01/LOiNC.jpeg
  I clicked on the online wallet options and noticed some online wallets that are very popular in Nigeria. You just click on the option you want and then enter the details just like the bank transfer options.
  
  
  
  https://www.talkimg.com/images/2024/06/01/LO8ob.jpeghttps://www.talkimg.com/images/2024/06/01/LOKxv.jpeghttps://www.talkimg.com/images/2024/06/01/LOpPH.jpeg
  
  The second option is the "meetups". You then click on the small + icon with the text" add new cash option", a dropdown menu to select country appears. In my case, I click on Nigeria, and I another dropdown to select the meetup. I click on the first option "BitDevs Abuja" to try it out get the meetup link. It takes me to the BitDevs community page on Twitter and from there, I could contact them. In my opinion, I am not too comfortable with the meetup option for security so, Ill stick with the online option.
  

trades

On the trades bar, you have the buy, sell and history options.  I tapped on the start buying option. Another window opens that amount to buy which I can set and the pay out option. Here, I can add a currency option which was already discussed in the previous section or the payout can come to my peach wallet or an external wallet. I can set the custom address which can be any address of my choice. The "Open External wallet App" prompts me to open my Trust wallet.

When you click on the show offers - another window pops up showing you the sell offers. There are options to sort matched by best reputation first, then highest amount first, lowest premium first.

I tapped on the sell option and then on the "start selling". A new window opened with the sell options. One important thing to note is that at the top right hand of the screen there is a ? which when you click on it, there is an information there that tells the seller that there is not fee to selling. And one must send their sats to an escrow which proves to the buyer that they are serious about the trade and have the sats. To put our hearts and minds at ease, they ass that the escrow is a bitcoin multi-signature wallet where you own one key and Peach holds another. I like this. And now that your mind is at ease you can then being the trade.



wallet
The wallet has the "receive" and "send" tabs. On the receive tab, you have a wallet address and a QR code which you can scan to get the wallet address. There are multiple addresses to choose from.

On the send tab, you can send bitcoin from your peach wallet to any other wallet of your choice, like a hardware wallet, software wallet, an exchange wallet. However, it is recommended you send it to a hardware wallet as it offers extra security.

User Experience
I love the intuitive and seamless user experience on the Peach app. The app’s interface is sleek and well-organized, making it easy to navigate even for someone like me who is still kinda new to cryptocurrency trading. I am happy that there is no registration process so anyone can start using it within minutes of installing and setting up the app. The security features give me peace of mind, knowing that my funds are safe.
My overall rating of the app is a 4.9/5

I don't know if this happened to me alone or to everything.
When I wanted to install it on my android, it was not compatible.
I am using android version 7
I really hope that in the future it can be used with the website only without having to download the application first
And can support IDR. As well as other local currencies.

Be advised that Peach Bitcoin is only KYC-free for trades below CHF1000 daily. If that is enough for your needs, it can remain KYC-free forever. If you are planning to perform a larger trade, be ready to be asked for KYC.

You are using an outdated Android system. According to the official website, the minimum supported Android version is 8.0.

Just as @Pmalek replied your android version  is not  upto to the required version  which is 8
https://www.talkimg.com/images/2024/06/19/hH1cg.jpeg
You can fix it by upgrading your android version if there's anyone available for your phone, you can check if there's any available upgrade for your android version  by  going to
Settings>Software Update>click on download and install  or
Settings>About phone > Below there's should be a quick link to navigate software update
Try again if you found an upgrade it should work so far the new version is 8+

I know that this is old news but since I haven't seen it being discussed here I might as well share it - PeachBitcoin has made some adjustments to the way their "GroupHug" batching works[1]. Previosuly they were batching already the transactions but they often didn't had enough participants in the batching, so they would end up loosing money on the mining fee. They now divide them in a couple of buckets and try to have their orders filled as soon as 24 hours amongst other variables. I would just like to also highlight the following:

---

[1]https://peachbitcoin.com/blog/grouphug-for-everyone/ (https://peachbitcoin.com/blog/grouphug-for-everyone/)

It seems like something positive to me and that could avoid cases in which users choose such low rates that transactions take days to be carried out.

Peach's team has really done an incredible job.

From my perspective this was actually a move to try to balance PeachBitcoin liquidity regarding their operations within the transaction of their users - previously they were being damaged since with a high mining fee (and their consolidation feature) they would be, in fact , losing money if the transaction didn't had enough liquidity (from their 2% take) to cover for the remaining costs of the operation. However, like you said, since they will now try to fill as many transactions as they can in 1 bucket, it means that the mining fees will also be lower so the users also enjoy some benefits as well indeed.

I got several crash notifications on the Peach Bitcoin app (iOS version installed via TestFlight).

https://www.talkimg.com/images/2024/07/11/o7lWm.jpeg

---

I first tried to explore the features of the Peach Bitcoin app. On the trade menu, I tried tapping the 'start buying! - 'Show Offer' button, after which I returned to the main menu without closing the list of sell offers and closing the Peach Bitcoin app.

https://www.talkimg.com/images/2024/07/11/o92CW.jpeg


After a while, a crash notification appeared. I assumed it was because the list of sell/buy offers had not been closed/canceled, causing the crash.

Has anyone here experienced something similar to this?

I've contacted Steph and will get back to you as soon as I hear back.  ::)

Last Sunday, I received a notification regarding maintenance on PeachBitcoin. The crash notification no longer appears and is replaced with a more relevant notification when I haven't closed the sell offer.

https://i.ibb.co.com/88617PK/Screen-Shot-2024-07-17-at-20-33-32.png

https://i.ibb.co.com/QmBSQ7G/Screen-Shot-2024-07-17-at-20-33-57.png

Thank's.

I just got to know that the service expanded to some more countries outside Europe from the signature. Though it may seem small, but it's a move in the right direction. My question is should we expect expansion to more countries in the future?

I hope so.

In waiting for, as long as your FIAT currency is supported by Revolut, you have at least one solution to use Peach even outside the regions mentioned in the signature.

There's nothing to stop you buying via Revolut with USD, CHF or EUR, for example ; and there's nothing to stop you selling for one of these FIATs and then, once you've received the money, swapping it for your local FIAT on Revolut.

Update .Peach Bitcoin version 0.5.0 (252).

https://www.talkimg.com/images/2024/08/08/5rhAo.jpeg

If you are also interesting in knowing in which countries they may expand to, I would keep a close eye on this[1] spreadsheet. I wasn't aware that it existed, but it basically compiles every currency and method accepted by Peach. It is also a document that is developed and updated by them, so I would assume that it is updated as soon as there is a new currency implemented.

---

[1]https://docs.google.com/spreadsheets/d/1uqotdlQ1woALJnsLOJMwe21J4KvTvv3cnEqERqCUicg (https://docs.google.com/spreadsheets/d/1uqotdlQ1woALJnsLOJMwe21J4KvTvv3cnEqERqCUicg)

It seems that no one has mentioned yet that Peach Bitcoin has added a new swap feature allowing users to swap between on-chain bitcoin and bitcoin on the Lightning Network. You can read more about the LNURL swaps here (https://x.com/peachbitcoin/status/1823031457805189368) and here (https://peachbitcoin.com/blog/why-peach-and-submarine-swaps-are-a-match-made-in-heaven/). Peach Bitcoin doesn't currently charge its users any fees for this service. It's a good way to get your hands on some LN funds cheaply (depending on the offer of the other party, of course).

Have you tested this feature?

I took a look at the app, and I couldn't figure out when you can make this change. I've never bought/sold either, so that may have escaped me.

I have not tested it, no. Maybe the feature is being rolled out gradually or is only available to users from certain countries (at the time). Or, perhaps, you aren't looking in the right place or something happened that made them stop it for the time being. I don't have any additional information.

When you are selecting the payment method - in the "Select Currency" option - just go over to the "Other" tab, right next to the "Africa", and you'll be able to select the option "LNURL BTC Swap".

Thanks for the clarification. This method really makes sense.

Now, another question: can the seller load the account via LN or not?

Considering that this is a brand-new feature that they just added, I doubt you will find many Bitcointalk users who have used it yet. Perhaps your questions are better directed to their support at hello@peachbitcoin.com or via their Telegram channel where their admin can help.

I love what PeachBitcoin is doing with their app but there is always room for making improvements.
Adding a visual map of cities and meetup places would be a good to have, something similar like we have with btcmap.org but only for Peach meetups.
If someone have a contact with owner please make this suggestion.

https://www.talkimg.com/images/2024/08/15/7QZKG.png

Friendly BTCump!

A feature that I wished for is now available - You are now able to see PeachBitcoin order book without the need to check the app as they have launched it directly in their website[1].

---

[1]https://peachbitcoin.com/kycfree-orderbook/ (https://peachbitcoin.com/kycfree-orderbook/)

Interesting update, and maybe now we can see other aggregator services adding offers from PeachBitcoin.
Browse can be done by volume, premium, payment methods, and all supported currencies.
Another interesting update coming soon in version 0.6 is new trading mechanism Peach4Trader.

https://www.talkimg.com/images/2024/09/03/9giAZ.jpeg

Undoubtedly, excellent news.
It really wasn't very practical, when you just wanted to know how the orders were, to have to simulate the whole process.
I believe that this way it becomes more transparent and generates greater competition and attracts more people.

I see it is very good that your currency list covers pretty much all of Europe, but I don't see my currency on the list so I'm afraid that this service is not of much use to me. :(

Now that I think about it, USD currency is also nowhere to be found. What gives? Is that because of the not-so-recent FBI advisory? Because there are ways around using US dollar accounts without involving US people.

You can always use EURO as currency in most of the Europe, even if that is not official currency in some countries.
And in physical meetups you can probably exchange bitcoin for any currency you want.
There is no USD but you can use L-USDT on Liquid Network, that is supported in Peach Bitcoin app.

The app is not yet available in the US, and perhaps because of it doesn't have USD - even as a currency used in many parts of the world.

You can see all the supported currencies and payment methods here: https://peachbitcoin.com/how-to-buy-btc-no-kyc/

I will go further and state that Peach has no intention of breaching USA market anything soon (if ever). Being still a small company and considering the regulation and scrutiny that they would have to undergo (and support financially) to penetrate the USA market would be substantial in financial terms and I believe Peach currently would prefer to focus their resources elsewhere.

It's very valuable that you periodically raise the thread.

But I wanted to ask what is the difference between the "Bump" post and the "Bump" button?  :P

:)

I don't think there's any real difference, but if I've understood correctly we can't use the "Bump" button indefinitely (I think I read a post by theymos a while back that mentioned it but I can't find it again), so given that I regularly bump several cool projects, I sometimes prefer the option to leave a message.

(Btw, I'll soon take the time to delete all my bump messages, it is not always looking good to have so many of them :) ).

The bump button depends on "bump power" and is different for each user because it's based on activity and earned merit. Power also decreases with each bump in a certain period.
Not to quote the whole post, here is a link for more info Bumping changes on some boards (https://bitcointalk.org/index.php?topic=5183553.0)

I think this information should be added to the OP.

I can't wait for the Ukrainian hryvnia to be added.  :)

✞ Say Goodbye to KYC, Custodial Wallets, and Data Theft – Welcome to Peach #Bitcoin 🍑!

👻 In a world full of graves where privacy and control go to rest, Peach Bitcoin stands out as a sanctuary for freedom. At Peach, there’s no need for KYC, no custodial wallets, and no risks of data theft. Instead, 🥷 enjoy truly peer-to-peer trading with your privacy intact.

🧟‍♂️ Step into the future of self-sovereign finance, where you hold the keys to your Bitcoin.

We wish you all a Happy Halloween. 🎃

https://www.talkimg.com/images/2024/10/31/b22Hf.png

Quoting because the picture was not displayed :)

The crypto community as a whole should stop considering KYC as an acceptable standard! Every month, we see new proofs of the inability of KYC vendors and processors to manage our data securely:
For example, recently: 92,554 Users Exposed As Crypto Payments Firm Reveals Attacker Accessed Names, Birth Dates, Passports, Drivers Licenses and More (https://dailyhodl.com/2024/10/26/92554-users-exposed-as-crypto-payments-firm-reveals-names-birth-dates-passports-drivers-licenses-and-more-accessed/)

What's more, KYC and AML checks are becoming more and more often a pretext for many unregistered/unregulated companies to seize Bitcoiners' funds, without any legal legitimacy. It's becoming an increasingly common threat to endure unfeasible KYC/SoF procedures to get you to give up your funds. Another example: HTX / Huobi / Justin Sun refuse to return my ~3 BTC  (https://bitcointalk.org/index.php?topic=5506545.msg64440296#msg64440296)

It's great that we have access to Peach, which is a user-friendly solution with no unpleasant surprises. :)

Hey! Have a good week everyone!

Found PeachBitcoin on a venture capitalist's list of interests)

https://www.talkimg.com/images/2024/11/20/br8Xw.png

It's good to see a service like Peach on the recommended list.

Hm, they still have Samurai wallet on the list  :(

These are the projects they invested in (assumption, but I'm 99% sure).

They did invest in Peach Bitcoin and in many other bitcoin related services as their blog post[1] - in total $100 million were distributed. I've tried looking up to which amount PB was able to gather but the only thing that I was able to find is that this investment happened in June 2022[2]. Whatever it was it's great to know that they were able to find a VC willing to trust in their mission - I'm sure that they do not regret their decision.

---

[1]https://ten31.vc/insights/100mm (https://ten31.vc/insights/100mm)
[2][urul]https://www.crunchbase.com/organization/peach-bitcoin/company_financials[/url]

bump!  ;)

Hey there Peach Bitcoin.
Can you give us rough estimate how many trades are done using Peach app in face to face meet ups?
You can also give us some stats to see what payment options are most popular and most used.

- We have more than 1000 buy offers opened at all time! (bank transfers, online wallets, gift cards, cash, USDT, LN swap).
- As of August 1st this year > 13,100 unique accounts & 18% of active users with an open offer

I'll try to share more detailed data next time.  :)

I want to work on this thread, please help me. Then I can work properly.

If it doesn't exist - I never realized, there could be a way to know which fiat currency is being traded in these open offers. Sometimes someone may be working with a fiat to put up for sale, but could use another fiat that is in greater demand. Having this situation in some cases can be interesting.

I think that you're looking for the order book:
https://peachbitcoin.com/kycfree-orderbook/

Yes, this already helps for a prior analysis.
This list is of sell orders, right? The interesting thing is the purchase orders.

Either way, that's already very good.

Ah yes, my bad, it is indeed the sell orders!

I don't know if we have access to the list of buy orders, but when you publish a sell order, the app tells you how many potential buy offers your offer matches. For example with a sell order with low premium (which should cover most buy orders), it shows me 500+ potential matches. This makes it possible to adjust the price accordingly.


On a side note, I noticed that the latest app update offers now a dark mode, which is more than welcome!

In fact, Peach is a great way to make money since there is a catastrophic shortage of sellers (there are many times more buyers).

I found out about this when Steph asked me how to attract more Sellers.  :)

The point is to be willing to pay values well over 4-5% above the market price.

Sometimes only 3% can take a couple of days.

I'll insert here the usual "privacy has no value"  intervention  :).
Indeed. Lately I've also been struck with no sellers being available, but I guess you'll just have to be patience. Eventually there are spikes of sell orders, but that doesn't follow a particular pattern.

I think there's not a straightforward answer to this - Marketing alone wouldn't help as users will be "shocked" by the premium they would pay and just resort to the basic idea of "I never heard of Peach, the price is ridiculous, I can grab more bitcoin in Coinbase or Binance at a lower price". I think to grab more users it would demand a mix of marketing the correct niche of users (privacy focused ones) while also promoting workshops or even webinars on why is Privacy important and what it relates with having bitcoin and how Peach helps in keeping that bridge steady. If we do not educate the "Average Joe's" about basic concepts of Privacy, they'll never care about going to a less known market to get their bitcoins.

But, who can understand why your purchase order is not finding a seller?

Although all my uses have been successful, I have nothing to say about the application. I think this element is missing, understanding what it takes to make the final connection between the buyer and the seller.
It's what? The rate used? The payment method? The sale/purchase value?

Finally, it look great, and no more problems for people with sensitive eyes  8)
I would however add small switch on the top, to quickly change from light to dark mode and vice versa, instead of going to settings.

Yeah, big players purchased a lot of bitcoin in last few months, and hodlers are not selling their coins yet.
I heard reports that cash is also getting more scarce.

A small thing but nice!  :)


https://www.talkimg.com/images/2024/12/16/DwDua.png

Sounds great. Let's see what we can do!

Btw, now a chatbot on the website to guide new Bitcoiners and new peer2peer stackers. 🍑

I don't like talking to bots at all, but I did some testing and asked a few questions to chatbot, and I think you seriously need to improve it.
On most of the questions I asked there was no answer at all, three dots appear but no text comes out of it.
I only received answer on one question about restrictions, but I already knew the answer on that.
This is a new feature, so I can understand why it's not working like it should.

https://www.talkimg.com/images/2024/12/20/DFYJc.jpeg

Automated chatbot support is one of the worst ideas in that segment. I guess the idea is that users don't have to wait long for a support response, but I haven't received a satisfactory response from the bot anywhere. A pretty useless function, it's actually just active navigation through the FAQ.

I wish a happy new year to all Peach users! 🍑

2025 is now here (time flies..  ::)), and with it its share of new regulations to come (at least in EU) ; I'm glad to be far from this stress by using P2P solutions!

That's why we have Peach.  8)

These rules end up affecting large exchanges more than users.

Either way, it's best to use Peach.  ;)

Man, could you share some details?

From January 1, 2025, the MiCA regulation comes into force in all European Union countries. Some countries may not have made all the adjustments yet, but generally speaking, companies in the crypto sector are obliged to follow these regulations.

You can see some more details here: https://www.globalgovernmentfintech.com/eu-crypto-regulation-mica-fully-into-force/

Yeah, a part of the MiCA regulation is more and more applied by some big CEXs the "EU travel rule" (aka you need to sign/declare ownership of non-custodial addresses you're using), for example Kraken:


The MiCA regulations are being applied in various stages. Its' more "seriously" applied since a few months (if we talk of stablecoins since last June if I am correct, even if it's becoming worst now), but will accelerate in 2025.

If you're motivated, you can read more here: https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32023R1114

WTF?

So they're saying they want to know ALL addresses I own that have a balance?

What gives them the right to know this information? It's not like people are selling coins to withdraw to a bank. We already have KYC for that.

At least Peach bitcoin and other peer to peer marketplaces in EU are not affected by this; and indeed you can find many traders there.

That's not how I read that email, but I wouldn't be surprised if that's the final goal next step. I assume the only reason taxes don't ask that yet is because the tax agency can't handle it in their (ancient) systems.

It just doesn't make sense. Especially the "send a small transaction to confirm ownership" part: every transaction I sign confirms I own that address. Those small transactions only make sense with banks, when a phone service provider asks to pay €0.01 to confirm ownership of the bank account for auto debit. None of that applies to crypto.

The law was created to combat money laundering or the financing of crime. Basically, they want exchanges to record who it is from, and all the addresses they receive/send coins from.

In other words, you want to send money to an exchange, you have to say whose address it is. If you want to take money from the exchange, you have to say whose address it is.

They want to create a connection between people and addresses. This way, they can track the money more easily.

Honestly, for Europeans, if you want to guarantee privacy, you have to stop using exchanges that operate in the EU.

I get that, but it's dumb :P Even if I receive money from someone else directly to an exchange, I can still say the sending address is mine. But much more likely: any address I use to send funds from is mine, and any address I withdraw to is also mine.

Using exchanges that don't operate in the EU is a lot more difficult, and it will just shift the questions from the exchange to my bank, which will then ask: "where did the money come from?".

Yeah, but at the same time if you do that you would then have to assume future transactions made with that address, for example if the address you declared ownership of received “flagged” funds or maybe it could be a problem with taxes declarations... In the short term, this clearly doesn't pose a real problem, given their level of competence and their means, but I'm more worried about the potential “retroactive” aspect of all this for the future.

By the way, I don't know if you've seen this, but there are countries that go beyond these regulations and really exaggerate..:  "Bank of Italy’s recent report has criticized Bitcoin P2P platforms and labeled them “crime-as-a-service.” " (https://cryptopotato.com/bank-of-italy-calls-bitcoin-p2p-services-crime-as-a-service-amidst-growing-acceptance/)

Depending on which site I believe, Italy's informal ("underground") economy makes up 10-24% of GDP. Even if they label all cash transactions as "crime", people will just pay for their crime in goods. So all they really accomplish is spying on everyone who follows the law. Ironic, isn't it?

LMAO!

I wish this forum had a 'ROFL' emote.

So now selling your bitcoins without a big regulated exchange middleman is a crime in Italy? Or at least, something that the banks will shadowban you for?

They need to go pound sand, because P2P platforms are not going anywhere, the entire whitepaper by Satoshi Nakamoto specifically describes Bitcoin as P2P currency.

Theoretically you can say that, but in practice it doesn't work.

Because, according to the notification you received, you have to prove that this address is yours, so you have to generate some type of transaction that they request. If the address isn't yours, you won't be able to do this.

In the end it is something stupid, without a doubt. Because if we know how to do things, we can easily overcome these situations. However, it is still a boring thing to do, and in the end they are pushing people into the parallel market, ending up preying on any benefit they could have had from this market.

I haven't seen anything like this on any exchange, at least not the ones I use.
But it is entirely possible that Kraken is either under pressure or is under government control. Pmalek shared a tweet (https://bitcointalk.org/index.php?topic=1230285.msg64919681#msg64919681) in the local board, from a Kraken user today, it's a bit twisted, to say the least.
They became concerned about how much their users planned to invest in Bitcoin.

https://x.com/JoeNakamoto/status/1875129895107580339

It's not a question of being under pressure from the government or anything like that. It really is a matter of regulation.

Basically, for an exchange to operate legally within the EU, without being able to be fined, it must follow the rules of this new regulation. This will affect all exchanges operating in the EU.

Luckily, PeachBitcoin is based in Switzerland, not in EU, and for now they don't need to comply with new mica regulations.
I think they are only going to push people more to decentralized p2p trading with this crazy rules for each transaction, I think CoinGate started asking for this crap also for ALL payments(transactions.
They are going total surveillance from this year with all aspects of life...  :P

You are right. They are not part of the EU, but they are in Schengen. They are part of one European market. They might not have to comply with MICA, but it might be different in this case since they are providing their services in the EU market to citizens of the EU. I am just speculating, of course. We will soon see. PeachBitcoin is a licensed service provider, and as such, has to be compliant with Switzerland's AML regulations. If the national agency decides to respect MICA rules, PeachBitcoin's business model might change. :-[

Peach's business model is fully compliant with Swiss regulatory legislation.  :)

I know they are. That's why they have a KYC requirement that gets triggered at trades of over 1000 CHF. I am not questioning their compliancy. I am saying that if the Swiss national regulator decides to make changes to align more to the rules and regulations of MICA, that might affect how Peach Bitcoin will operate in the future with EU users.

Schengen is not directly related with this new mica regulations.
There are several countries located in Europe that didn't join European Union, so they are also not affected directly by this new regulations.
I think EU is slowly sinking like Titanic with more crazy restricting laws, and we should not blindly follow everything they are saying.
Switzerland should resist and stay neutral, but maybe other countries around the world could adopt something similar and join PeachBitcoin team.

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Finally!
Can you tell us if there are any plans for making it possible for people to use PeachBitcoin in alternative way, as web version on computers and laptops?
I know most people today prefer to use smartphones, but for better privacy there should be another option, and bitcoiners loves their laptops ;) 

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[moderator's note: consecutive posts merged]

Some of the links you quoted were automatically removed because they were indicated as suspicious links.
I assume it is because a short link:
https://t.co/XIRHsBcmPR


https://www.talkimg.com/images/2025/01/29/WqFl3.png

Instead of using the full link:
https://ln.peachbitcoin.com/embed/fhquqdfdungldxy2n36r6jjp5fglhkfnf7mdmtuhr8bx/btc/ln

That's a Newbie restriction, and should be lifted by now.

@Peach Bitcoin: You should probably adjust your posting bot to follow the 24h bumping rule.

It should not be restricted if it is not a short link.
I see other restrictions for newbies, including the following:

Also, the bot should not change the subject.
Currently from "PeachBitcoin.com | P2P Bitcoin Exchange 🍑 #kycfree" to "Re: Auto posting".

Previously, I also assumed that the OP's consecutive post used the bot when I saw that the subject line had changed to "Auto posting".

Thank you. This will be taken into consideration!

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What a great update! I think this information is very useful, and it is great that it is available on the website soon.

I think you could also put this information right when the app opens. So everyone already knew what price ranges we were dealing with before placing an order, without having to go to the website.

Either way the information is on the website, it's great. I liked it, thanks.

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Hello friends.

A big op-ed has been written, I recommend reading it! :D

https://peachbitcoin.com/blog/can-bitcoin-free-internet-commerce/

Great article, I recommend everyone to read it, it only takes a few minutes of your time.
With more strict regulation and restriction happening everywhere only thing we can do is to build some parallel system for bitcoin payments.
I know governments probably won't like this, but I am not sure what else we can do...

Unfortunately, especially in Europe, with some countries starting to crack down on VPN and DNS services, we will have to think beyond just a payment system.  :-\

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Indeed a great article.
They have a limit of a thousand CHF a day which is less than $1200
I doubt the government would be concerned about such an amount
And won't state it's used to move illegal funds.

I just recently got the app and I would try and give a review before the month runs out on play store.
But the initiative is the right direction of what we need.

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I know it's a relatively irrelevant aspect, it's more of an "obsession" of mine. :-X

Can't you change the logo on this image? The logo is not proportional.

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Topic about PeachBitcoin in Indonesian:
https://bitcointalk.org/index.php?topic=5535104.0 (https://bitcointalk.org/index.php?topic=5535104.0)

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This didn't happen to me but it did happen to someone on the forum. They were verifying their identity on a crypto casino if I remember correctly and one of the ridiculous demands was that the user needed to take a picture holding a local daily newspaper in their hands in front of the building they live in with the address or building number visible on a sign somewhere. The name of the newspaper with the date of release needed also to be visible on the selfie. I couldn't believe my eyes when I read that. That's basically a requirement invented so that as few people as possible can pass that verification. Sadly, I forgot the name of the brand that requested that.     

I saw similar confessions earlier, but I was convinced that it was some kind of trolling and that someone was just caricaturing to point out the senselessness of the levels in the KYC procedure.
I haven't had similar experiences, maybe because I avoid KYC services. I remember that Binance did not accept my bill for mobile phone services, it must have been something related to the service I use at my place of residence. It wasn't a problem for me, but I suppose it complicated things for those who live in a rented apartment.

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Hey Peach Bitcoin, I don't know if you are using some bot for reposting this tweets, but it looks very bad.
Several people asked some genuine questions in the past and you never answered any of them.
You should really engage more and talk with bitcointalk community.

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Peach told me that their team has been expanded with a new developer!

Next step is to find additional funding!  :)

Great news!

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+1 here
It's a bit tiring and quite useless to automatically post a new tweet here. After all, this is a forum, a place where real people exchange opinions and share information.
I think it would be better without automated tweet reposts.
Once a month, someone from the team can come and give some answers to the user's questions.

Probably this won't be seen either, because the bot can't read the comments here.  :(

Maybe icopress can help.

@icopress
Do you think you can share this with them? It would be really interesting and motivating for them to come here to give some comments.

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I also think they could be more active here and engage more with users. A project with a good proposal should pay more attention to this detail, after all, we are in a discussion forum, whose purpose is to generate debates on topics, services, etc.

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As someone who was (and still is) an active support of Peach Bitcoin, I can't help but share that it's sad to see that this thread is now just a pool of automated posts, always trying to call for attention in posts over at X. I'll ping Steph on Telegram to try to revert this situation and this behavior doesn't reflect neither the quality of the project nor the team behind it. I totally understand that they may be understaffed, but automated posts are never a solution.

On a positive note, it's great to see the positive reviews on Apollo[1]. Really interested to know what has been the volume that Peach has been trading in the past few weeks / months to extrapolate the growth...

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[1]https://heyapollo.com/product/peach (https://heyapollo.com/product/peach)

It's subjective.

Yes, our thread is automated. We are spending $0 right now, and without automation our thread will be lost on the back pages of the section.

It doesn't matter how much a users likes a peach if the thread is dead.

I'm also a little disappointed that you contacted Steph before you asked me about it (especially considering that I gave you her contact).

Sorry about that ico, didn't mean to cause any misunderstanding between you and Steph. I didn't knew you were still leading the bridge, but that has been cleared now.
Keep up the good work! Also, do you know if they have some roadmap for features or even expansion plans for 2025?

Work continues. The PeachBitcoin mini-campaign was paused just to redirect some money to a new developer. Also Steph has already started looking for additional funding, (a year ago, Steph even gave me a corporate email and I helped her with this by making several information templates and sending out emails) so anyone who has 5 bitcoins can report it and we can discuss the prospects.

Also, I am always amazed at how Steph masterfully manages the tweeter and I am glad that I saw how it grew from 2000 to 17,000 subscribers!

Great to know that Peach is expanding their team. Speaking of the support you gave, that's awesome of you, I don't know how you find the time to do all of these things but, whatever you do, keep it doing  ;)
17 000 was just the first milestone of many to come.

Since Peach Bitcoin is a Swiss-licensed provider for financial services I have a question for the team. I read some news that the Swiss Federal Council has approved joining AEOI, which foresees the sharing of information on crypto assets among its members. That includes EU states, the UK, G20 countries, etc.

Are you aware of this and will that affect your business model? According to the news, these exchanges of information aren't expected before 2027. 

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We are talking to a lawyer! Thank you!

But I want to assure you that our Swiss license currently allows us by default not to ask KYC from everyone for any transaction up to $1000.

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