Trading fees are paid to fund the Bisq DAO when making or taking an offer. Fees can be paid in BSQ or BTC.
Bisq encourages traders to use BSQ by offering a discount of approximately 50%. This discount fluctuates as the BSQ/BTC rate fluctuates. To maintain the 50% discount target, trading fees are updated every cycle as necessary
#dex #decentralized #bitcoin #nokyc #stacksats 
Is Bisq safe?
Bisq employs three key measures to ensure security:
1. All Bitcoin traded on Bisq is stored in a 2-of-2 multisignature address.
2. Both traders must submit security deposits, which are reimbursed upon completion of trades.
3. Trade disputes are resolved through a three-tier system involving end-to-end encrypted trader chat, mediation, and arbitration.
When trading fiat currency for Bitcoin, there is inherent chargeback risk, as fiat transactions can be reversed. To mitigate this risk, Bisq:
- Only supports payment methods that make chargebacks difficult, explaining why PayPal and credit cards are not supported.
- Implements a signing mechanism that enforces 0.01 BTC buy limits until a buyer's integrity (not identity) is verified.
#dex #decentraized #bitcoin #nokyc #stacksats
Buy and sell Bitcoin anonymously and without KYC on Bisq.
#dex #decentralized #bitcoin #nokyc #stacksats
nostr:note1y4ar33gluwfmlj3e4q2gcsg2ggjz3d8h6v0ct36fnjsyhkyrh0wqlha5k5
Bisq uses Muti-signature escrow, which ensures funds are securely held during trade🚀
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You are in control of your money when trading on Bisq
What motivates your choice to purchase Bitcoin on Bisq rather than centralized exchanges?
#dex #decentralized #bitcoin #nokyc #stacksats #bisq
How does Bisq protect its Users privacy?
Bisq is a standalone, open-source software that you can inspect before running on your machine, and as a result, you don't have to trust that any server is logging your personal details (as you would in the case of a website).
As for the trading process, your payment information is stored locally on your machine, and only your trading partner (and your mediator or arbitrator, in case of a dispute) can ever see it. All data exchanged between users is encrypted and signed.
To transmit data from one user to another, Bisq uses a P2P network built on top of Tor, which provides a high degree of anonymity. The user doesn't need to do any additional work for all of this to work—it is all integrated in the application.
#dex #decentralized #bitcoin #stacksats #nokyc
Use the link below to download Bisq: https://bisq.network/downloads/
Wondering how long does a trade take on Bisq?
There is no automatic order matching on Bisq, and trades are settled manually by humans. As a result, trades are not completed as quick as they would be on centralized exchanges, but can still be fairly quick.
Some payment methods are instant, while others can take a few days.
As far as Bisq is concerned, the deposit transaction needs to be confirmed first before the buyer can send payment. Bitcoin transactions take about 10 minutes to confirm, so with quick traders and quick payment method, a Bisq trade can be completed in a matter of minutes.
#dex #decentralized #bitcoin #no-kyc #bisq #stacksats
See the list of available payment methods using the link below:
I'm unable to engage in Bisq trading due to the scarcity of offers in my currency. What options are available to address this issue?
If there have been no recent trades in your currency market, additional efforts are required to kickstart it. At the very least, it is essential to incorporate widely-used payment methods in your market. If these methods are not present in the available list of currencies, you can propose them on GitHub using the provided link. Additionally, implementing some form of marketing is necessary to attract users and market-makers in order to initiate market activity.
Please Note: A lack of substantial offers in a specific market doesn't necessarily imply a lack of trading activity. There may be individuals actively monitoring the market who would readily accept an offer if you initiate one. This scenario often occurs in markets such as CAD, AUD, NGN, and GBP.
#dex #decentralized #bitcoin #bisq #nokyc #stacksats
Suggest New Improvement/payment methods here: https://github.com/bisq-network/growth/issues/new/choose
Do you include the $ you’re transferring is for the purchase of bitcoin in the “reason for payment” field?
Maybe that’s why they shut down your account.
Bisq satogram testing has been sent by Bisq team some days ago... more coming soon!
Will my bank know I'm trading bitcoin on Bisq?
Generally speaking, Bisq doesn't deal with banks at all. All fiat transfers take place directly between users.
But there have been reports of banks closing accounts upon suspecting bitcoin activity. As a result, Bisq requires that the "reason for payment" field always be left BLANK when making a payment (if the payment method offers such a field).
If a reason is required, it should be something trivial like a "-" or "payment". If you want to use something else, please agree on an alternative with your peer using trader chat.
#dex #decentralized #bitcoin #nokyc #stacksats #bisq
Testing https://satogram.xyz/, Bisq team sent a Satogram to promote Bisq.
Let me know in the comments if you receive it.
#dex #decentralized #bitcoin #no-kyc #stacksats #zapvertising
Yes @MyOldKyHodl, Increased attention and support for Bisq could promote decentralized and censorship-resistant trading, offering users an alternative that aligns with the core principles of cryptocurrency.
You do not have to participate in any aspect of the DAO or BSQ to use Bisq, but you may find it interesting. It's built entirely on Bitcoin and been operating since early 2019 without major issue.
To learn more about the Bisq DAO click the link below:
https://bisq.wiki/Decentralized_autonomous_organization
#dex #decentralized #bitcoin #stacksats #nokyc
#Bisq is built on pure P2P infrastructure: desktop software, Tor, local wallets, and no central accounts. Furthermore, it is not a company, and its governance model actually incentivizes the protection of user privacy and freedoms.
#dex #decentralized #bitcoin #stacksats #nokyc
Learn more about Bisq on Wiki: https://bisq.wiki/Main_Page
Bisq uses multi-signature escrow, which ensures that funds are securely held during trades. Also, Bisq employs a decentralized arbitration system to resolve disputes, reducing the risk of fraud.
#dex #decentralized #nokyc #stacksats #bitcoin
Bisq is accessible to users globally, providing access to Bitcoin trading in regions where traditional banking infrastructure is lacking or unreliable.
#dex #decentralized #bitcoin #stacksats #nokyc