Replying to Avatar Flix

What would the ideal Bitcoin exchange be like?

1. Fast

2. Liquid

3. Decentralised

4. Atomic tx

5. Private

6. Self-custody

7. Simple UX

8. Secure

9. Cheap

Bisq does an excellent job at being private, decentralised, self-custody and secure. It's cheap when mempool is clear.

It has atomic tx, but only for BSQ. It's very hard to do atomic for fiat payment methods...

It fails, for now, at being fast and have a simple UX. It is liquid enough for 0.01-0.1 BTC, but for large amounts it needs to improve.
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x 1y ago

Larger amounts are not allowed. Max is 0.2 BTC.

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Flix 1y ago

0.2 BTC per trade. If you can do 5 trades at once to buy 1 BTC at a similar price, that would satisfy 95% of people. Maybe not huge institutional traders...

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x 1y ago

Not complaining about it. Before the limit of trades was 2 BTC, and there still was plenty of liquidity (especially xmr-btc). Just pointing out that it's not that it is illiquid it's just not allowed.