In a small bowl, add your water and gelatin. Set aside.
In a bowl, combine all of your dry ingredients up to and including the chopped peanuts.
Add your peanut butter and vanilla extract. Stir until a dry, crumbly dough forms (doesn't have to be perfect).
In a microwavable measuring cup or bowl, add your cream. Microwave for ~1min to 1min 10s or almost boiling. Scrape your gelatin mixture into the warm cream and stir quickly to dissolve.
Pour the cream and gelatin mixture over the dry ingredients and mix everything until thick and combined.
Line a loaf pan with wax or parchment paper greased with butter or oil and then scrape your mixture into the pan and flatten it out as evenly as you can.
Refrigerate uncovered for ~3 hours. Using the Parchment or wax paper, lift the now set mixture from the pan, then slice into 8 pieces (or smaller ones if you prefer).
Melt your chocolate and coconut oil in a microwavable bowl in 30s increments, stirring in-between until smooth (~1min total). Then take a square and coat it with chocolate. Place the coated squares on a wire rack above another baking sheet to let the excess drip off if you can (if not set them on a plate lined with parchment or wax paper).
Refrigerate again for 30min-1 hour (you can also freeze them to speed this step up). Then enjoy your No Bake Chewy Keto Chocolate Peanut Butter Squares! *Store these in the fridge in an airtight container between layers of parchment or wax paper for up to 7 days*