diff --git a/doc/notes.md b/doc/notes.md
index ca347ad..0484784 100644
--- a/doc/notes.md
+++ b/doc/notes.md
@@ -5,7 +5,20 @@
 pytest -v -s tests/basicswap/test_xmr.py::Test::test_02_leader_recover_a_lock_tx
 ```
 
+
+## Private Offers
+
+To send a private offer:
+ 1. Recipient creates a new address to receive offers on.
+ 2. Recipient sends the pubkey for the newly created address to the offerer.
+ 3. Offerer imports the recipient's pubkey.
+ 4. Offerer sends a new offer to the recipients key instead of the public network.
+
+Nodes will ignore offers sent on keys other than the network key or keys created for offer-receiving.
+
+
 ## TODO
+
 Features still required (of many):
  - Cached addresses must be regenerated after use.
  - Option to lookup data from public explorers / nodes.