New APP release ! What's 🆕 ?! 1. as you know, we tried to go all in with the free market principle and we completely removed the capped premium of 21%. https://peachbitcoin.com/blog/premium-cap-removal/ As expected, crazy offers got published with crazy premium. While we are personally not bothered (free market FTW) this led to confusion for new users. There is a fine line to find between Peach core principles and protecting/guiding the users for a smooth exchange. Hence, the capped premium is back.. at 35% this time. Why 35%? It seems reasonable (other platforms have their premium is capped at 30%) and it is still a fair incentive to provide liquidity to new users. « 35% on a 20 euro trade is a meal ». 😋 The arbitrage playbook with new users: small trade but high premium -> sellers make money, new buyers build up their reputation READ 👇 https://peachbitcoin.com/blog/sell-bitcoin-new-user-arbitrage/ 2. Only experienced users (= 3 successful trades) can now create buy offers! As there is no skin in the game to create buy offers (while sellers fund the escrow before publishing the offer), there is a lot of fakes or dormants buy offers. It’s noise. And we are here to provide the Bitcoin P2P marketplace with the best signal ratio. Of course, new buyers can still buy by TAKING a sell offer like Peach has always worked. 3. The Payment Details are now completely synced with the Peach Server as an encrypted backup. Peach cannot read your payment details, only you can! this is very useful for users that have the same peach account on 2 phones: no need to update the payment details on both phones. also, if you lose your phone and have your peach seed backed up, just insert the peach seed on a new phone and your payment details will be available! (because they are encrypted using your "seed") as always, the Peach App is available on Apple TestFlight, Google Play, Github and www.peachbitcoin.com ! soon on zapstore. happy trading! 😀