Best and cheap Non-KYC P2P for Bitcoin?

[Phobos_Quake]

Hi,

So, it's been surprising and ironic how hard is to buy one of the first cryptocurrencies and the most known native "Bitcoin" with low fees and non-KYC

If you have a bech32 or taproot address, the transactions fees should be pretty cheap, they should be what you can see on https://mempool.space (Right now, low priority is around $1.80)
But many start at $4 if you are lucky and CEX go crazy to $15 or more

The best i could find non-kyc and the lowest fee has been https://localcoinswap.com when i tried it was $2.50 in March 2024 and you can buy directly on the website with USDT for example, it also allows you to designate the destination address, so you don't need to do a withdraw from the website after buying. They also have a P2P marketplace but people usually charge a premium over BTC price.

Also, it would be nice to find a P2P marketplace non-kyc that allows you to buy with a coin that the website controls. For example: We know that Bisq has their own coin that allows you to hold for lower fees when you use it, but you can't buy BTC with Bisq coin. If it did, you wouldn't need to trust the seller or use annoying P2P payment methods like Paypal, Zelle,etc. (I know Bisq doesn't do this because they want to be %100 decentralized and using Bisq would give them some power and centralized risks for the users).

Do you know any other Non-KYC marketplaces with low BTC fees?

[dkbit98]

So, it's been surprising and ironic how hard is to buy one of the first cryptocurrencies and the most known native "Bitcoin" with low fees and non-KYC

It's not that hard, and it is the first cryptocurrency, not one of many shitcoins.

Do you know any other Non-KYC marketplaces with low BTC fees?

You can find several non-kyc options in THIS link.
Bisq is best know and they recently released new version Bisq2, but I think easiest option (with some limits) is Peach Bitcoin app, if you want to use mobile devices for trading.
I think Agoradesk is better than LocalCoinSwap, and there is also HodlHodl with similar style.

[Phobos_Quake]

Thanks, i'll check them out.

Yes, i want some that allow stable coins for buying BTC, i have seen many that charge you a premium like %4 above BTC price, sometimes the minimum quantity to buy is too high and then the website itself charge you a high BTC fee to transfer to your BTC address.

Agoradesk seems good

[Darker45]

Yes, i want some that allow stable coins for buying BTC, i have seen many that charge you a premium like %4 above BTC price, sometimes the minimum quantity to buy is too high and then the website itself charge you a high BTC fee to transfer to your BTC address.

Agoradesk seems good

It is indeed a great platform for P2P trades. What's better is that it doesn't charge you a fee for taking offers. Fees only apply to those who make ads, the makers. Unlike Bisq that charges fees to both takers and makers, albeit very low. Withdrawal from Agoradesk is also cheap, almost equal to the fees indicated in the mempool. And you also have high, medium, and low fee options to choose from.

What discourages me, however, are the rates. This may not be true to all crypto-to-fiat currency trade rates, but as far as my local fiat is concerned, the rates aren't that competitive. Centralized P2P rates are much more attractive.

[mk4]

Thanks, i'll check them out.

Yes, i want some that allow stable coins for buying BTC, i have seen many that charge you a premium like %4 above BTC price, sometimes the minimum quantity to buy is too high and then the website itself charge you a high BTC fee to transfer to your BTC address.

Agoradesk seems good

If all you want is stablecoins <-> BTC, you might want to try out both ThorSwap and ChainFlip. Liquidity isn't the best obviously(because they're cross-chain DEXs), but you should get far better than a 4% premium unless you're buying like 10 BTC per trade.

[Phobos_Quake]

I tried THORswap, they charge you $20 fee. So much for their advertisement of having native BTC.

I tried recently on Localcoinswap they ended up charging $4. That's not P2P, they have a direct swap.
That's what i like about Localcoinswap, that you don't have to find someone that is offering the exact amount you want to buy (Most of them start at $200 minimum), you don't have to trust that they will send you the BTC and in many P2P cases they charge a premium.

[PX-Z]

What discourages me, however, are the rates. This may not be true to all crypto-to-fiat currency trade rates, but as far as my local fiat is concerned, the rates aren't that competitive.

That's always the case when using DEX or mostly non-KYC p2p platform. Idk why but most of the people in this space preferred those CEX, maybe because of UX, lower fees or non for p2p, higher rates, more coin options to trade, and more.

[Darker45]

What discourages me, however, are the rates. This may not be true to all crypto-to-fiat currency trade rates, but as far as my local fiat is concerned, the rates aren't that competitive.

That's always the case when using DEX or mostly non-KYC p2p platform. Idk why but most of the people in this space preferred those CEX, maybe because of UX, lower fees or non for p2p, higher rates, more coin options to trade, and more.

All this might be true, but I guess the bottom line is that they're using what's already popular, marketed, and talked about. Many don't research which platform is best to use. They just go straight to what's currently the most popular. And they would even mindlessly recommend it. They've got no basis at all other than their actual experience of using it which was successful. They don't even offer alternative options.

Having said this, ads matter. You don't get to encounter the likes of Bisq while scrolling on social media.

[yhiaali3]

I don't know which country you are from, but here in my country the problem is much more complicated, because there are no services for buying Bitcoin directly, so we use other methods by purchasing a stable coin with low fees such as USDT Tron.

The purchase is made through a broker who receives a 2% commission, after which you transfer the USDT Tron to any central exchange and buy Bitcoin at the market price with a low fees.

The problem is when you want to transfer Bitcoin from DEX to wallet they take high commission, but that is the only solution available here.

[mk4]

I tried THORswap, they charge you $20 fee. So much for their advertisement of having native BTC.

If you're using Ethereum, then you're being charged Ethereum transaction fees (which are pretty high). You're going to get that high of a fee regardless of what smart contract you're going to use.

And yes, that is actually native BTC and not wrapped BTC(wBTC) because the funds get sent to an actual bitcoin wallet.

[Phobos_Quake]

I tried THORswap, they charge you $20 fee. So much for their advertisement of having native BTC.

If you're using Ethereum, then you're being charged Ethereum transaction fees (which are pretty high). You're going to get that high of a fee regardless of what smart contract you're going to use.

ETH? I was using Native Rune for Native BTC and the fee was $20 i also tried with BNB USDT on THORswap and the same thing.