robosats

P2P exchange bitcoin for national currencies. Robosats simplifies the peer-to-peer user experience.

KYC LEVEL 0

The exchange ToS do not mention that it will ever request the user for a KYC verification.

Open source code No personal information needed Strict no-KYC policy Non-custodial wallet Peer to peer API available Account needed to use the service No JavaScript needed Telegram bot available
(updated 13 hours ago)
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Last Check: 2024-05-03

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Transaction Monitoring

There is no explicit statement about RoboSats monitoring user transactions or activities related to cryptocurrency.

User Identification

The guide explicitly states that RoboSats helps users preserve privacy by using newly generated avatars for every trade, without requiring any identification or KYC: "RoboSats help users preserve their privacy by using newly generated avatars in every trade."

ToS section: "User Generation Home Page"

3rd Party Data Sharing

There is no mention of RoboSats sharing user data with any third parties.

Data sharing with authorities

The guide does not contain any statements about sharing user data with authorities, law enforcement, or government agencies.

Logging

There is no explicit mention of RoboSats logging any user data such as IP addresses or transaction details.

Blocking of funds

The guide states that during a trade, the maker (seller) has to "lock the trade escrow. This is a lightning hold invoice and will also freeze in your wallet. It will be released only when you confirm you received the fiat payment or if there is a dispute between you and the taker." This indicates RoboSats can temporarily freeze user funds until the trade is complete or a dispute is resolved.

ToS section: "Walkthrough-2: Making an order as a seller"

Account termination/blocking

There is no mention of RoboSats terminating or blocking user accounts based on any criteria.

Transaction flagging

The guide does not describe any system for flagging or detecting suspicious transactions on RoboSats.

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