I clicked on an offer to buy bitcoin with a SEPA transfer.
I’ve sent the deposit (which is relatively high).
Then the seller data appears to send the transaction, but I find that the Recipient Name is not a person but the URL of an exchange plus some more words in the native language of that Exchange country.
I see here 2 problems:
I’m using bisq because I don’t want to trade in an Exchange for their lack of privacy.
If I have to send money to an Exchange having used bisq is ridiculous, as the fees in bisq are higher and a big spread with the exchange rates in some other places.
Would I lose the deposit if I refuse to initiate the SEPA transfer?
Even if I choose to send the SEPA transfer there would be a problem, as the seller names is something like:
<url + a very long string which contains characters in an encoding that my bank does not accept>
My bank would not accept it for 2 reasons:
-The length: My bank only admits 35 characters for the name and this Name has a total of 54.
-Some of the characters: The name has 4 characters in an foreign language encoding not acepted by my bank.
I’m asking for advice to what to do in this case, as I would like to cancel the trade, but I don’t want to lose the deposit.