What are /r/bisq's favorite Products & Services?

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The mining fee of a trade isn't calculated according to a percentage of the trade amount, it is a flat rate and it's imported from this api. What you are seeing is the breakdown of your expenses shown in percentages. The fact that the mining fee amount is shown there doesn't mean that it was calculated that way. Unfortunately, the Bitcoin fee market is poorly optimized so you're more than likely to overpay for fees in high priority situations as taking an order in Bisq. Plus, as a taker you're paying for three on-chain transactions (three different mining fees):

1. the transaction to take the offer
2. the transaction to send the funds to escrow
3. the transaction to pay out the traders

This article is the most objective view on the subject. Posted offers are the worst ones (not taken).

https://bisq.network/blog/trading-trends-august-2020/

Independently of your payment method, make your own big offers.

It's very nice to see activity in the JPY order book!

https://bisq.network/markets/?currency=btc_jpy

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It's worth remembering that this happened through the initiative of the Tokyo Bitcoin meetup and largely as a result of Localbitcoins blocking cash trades.

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As an incentive a few bounties were also created specifically for JPY/BTC:

-1st trade bounty

-Market maker bounty

-Liquidity party bounty

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We should definitely learn from this experience and use it to create new markets. The most important lesson IMHO is that there was a clear demand and involvement from the local community. With people willing to explain how Bisq works and teach newcomers.

Maybe this offers are under 0.0q BTC, meant to sign buyers accounts, so sellers demand higher premium to pay for the risk. The lower the trade amount, a higher premium is demanded usually.

https://bisq.network/blog/trading-trends-august-2020/

Also, look at past trades instead of order books to know what prices are people really paying instead of what offers are not being taken.

That's an extremely weak estimate though, especially if you are looking for a precision as narrow as 0.8%. Because that's an asking price and not necessarily a trade that has successfully completed. There can be trades people are less likely to take, e.g. security deposit is too high, or seller is asking for an obscure payment method. And every now and then, somebody will sell BTC at a low price if they want to sell in a rush, but it may not stick around for long.

If you want a better estimate there is some past completed trades data to work with https://bisq.network/markets/

Yes, the deposit is returned to your bisq wallet on completion of the trade after which time you can remove the deposit to a wallet of your choice or leave it for your next trade the choice is yours. If you have a friend or family member that already owns btc ask them to sell you enough for your 1st trade, if you make your 1st trade small it reduces the anxiety and will help you understand the process. It seems a steep learning curve when you start but gets easier. https://bisq.network/getting-started/ bisq getting started.

What is https://bisq.community and what is https://bisq.network ? That's confusing. If the former is the forum for the latter, why is it not hosted at forum.bisq.network instead? Especially when an alert invites me to get information from X, I don't want X to be an "unrelated" url.

I'm not sure you can. Maybe the Slack channel or the forum are better places. Or you need to find some image hosting site to upload it to.

Only the trade peer gets your altcoin address to send the altcoin to. Both peers publish a trade statistics object to the P2P network which is used to see trade statistics of the whole network but it does not contain identifying data.

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On the BTC side your privacy depends on much you take care to no leak on-chain information (coin merge,...).

See https://bisq.network/blog/privacy-in-bitsquare/

For 0% trades you should get a minimum trading fee, which I believe is currently 0.00005 BTC.

Mining fees are usually bigger than trading fees, but those depend on when you create the offer.

https://bisq.network/faq/#6

The gotcha with Bisq for new people is you need to have some bitcoin to get more bitcoin because of the securrity deposit rule.

The usual suggestion is to buy some from a Bitcoin ATM. Those ATMs charge the highest premium though so you'll want to switch from ATMs to Bisq as soon as you can. Many ATMs won't let you buy anonymously either. Here's an app to find a nearby Bitcoin ATM - https://play.google.com/store/apps/details?id=com.coinatmradar.android

You could also check for a local Bitcoin Meetup group in your town and buy anonymously from someone there that will take your cash.

If you're still stuck, you can DM me. I'll sell you bitcoin directly if you mail me the money order. You can choose whether you want to be anonymous to me.

There are some offers on LocalMonero: https://localmonero.co/buy-monero-with-kes-in-kenya?rc=bqei

Some of the sellers seem to be quite trustworthy and you have moderated escrow. Unfortunately unlike bisq it's not trustless, but I've never had or heard of a problem with their service.

I run Bisq on Whonix, setting it up was simple. The main issue you’ll find is turning off Tor in Bisq, since the Whonix host already sends all data via Tor on the gateway.

Install OpenJDK on your designated Whonix host, then follow these instructions to complete the setup: https://www.whonix.org/wiki/Bisq

Cheers!

Every offer you take or make is funded with funds from the Bisq wallet, the option to use an external wallet is just a shortcut in case you have no funds yet at Bisq, so you don't have to manually make two transactions. Mining and trading fees are automatically paid, alongside the security deposit which acts as a guarantee that both peers act according to rules.

https://bisq.network/getting-started https://bisq.wiki/Security_deposit

Hi I would try the folowing:

• Restarting Bisq
• Make sure you are running latest version of bisq https://bisq.network/downloads/
• Check the date and time of your computer are correctly set
• Th Tor you are running, should be Tor v3 https://bisq.wiki/Changing\_your\_onion\_address#Determine\_which\_Tor\_version\_Bisq\_is\_running

Thanks, update from within bisq does work.

I should have been more clear. The key linked from the the wiki is what I was using, and it's still the old, expired one

If you already have used a wallet like Electrum it should not be so difficult, worst part is the start (setting up, backups and creating accounts).

https://bisq.network/getting-started/

Just create a local group or log into a existing one on telegram to make this job.

https://telegram.org/blog/contacts-local-groups

It's easy to use, which is important. For low repressive locations, I think Telegram is private ennough, but I'd rather use Bisq anyway.

There is no guarantee that there a buyers/sellers advertising offers in every fiat/crypto market.

You can see how many offers have been taken by going to Markets and choosing your trading pair. Some markets have very low liquidity. If you're a buyer or seller you can post offers on Bisq for others to take.

> Is bisq more easy to use ?

Probably not

> Can you easily transfer bitcoins from non custodial to trading wallet and then cash back via wire transfer ?

Yes, you can move bitcoin however you like

> Is there a particular procedure you must be aware of ?

Check out the wiki

https://bisq.network/

Hello u/apollo11junkie, it appears you tried to put a link in a title, since most users cant click these I have placed it here for you

^I ^am ^a ^bot ^if ^you ^have ^any ^suggestions ^dm ^me

Be sure to verify the download file before installing:

curl https://bisq.network/pubkey/29CDFD3B.asc | gpg --import

gpg --digest-algo SHA256 --verify Downloads/Bisq-64bit-1.2.9.exe{.asc*,}

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Has anybody actually checked the code that it is only looking for key shortcuts to open a dispute, etc.? Other OS's may not even catch that it is doing this. Seems really bad design and also makes you wonder what other apps on the computer could be doing this..

This message should be updated in the next release. As of now an unsigned account can buy only up to 0.01 btc. We have a brazilian group on Telegram that can help and you.

you download bisq on your computer -> https://bisq.network/downloads/

you connect a bank account using zelle (or use another payment method)

I don't think bisq is actually a currency you can buy but once you follow the above steps you'll be able to buy btc and other currencies

For most bank-based payment methods like SEPA or Zelle the trade limit is 0.5 BTC per trade. For services like Swish, PerfectMoney and AliPay it is 1 BTC. For recently-added payment methods like Revolut, Popmoney, and MoneyBeam (N26) the trade limit is 0.25 BTC.
https://bisq.network/faq/#trade-limits

So does this require revision, or am I misunderstanding anything?

> Can I contact my trading peer?* > > So far, Bisq has intentionally avoided offering a way to get in direct contact with the trading peer. There is generally no need for such a mechanism, and offering one would only open a 'can of worms' with respect to security: malicious users could trick peers into a direct trade without using Bisq, and then exploit the lack of security to rip the other person off, or use the direct channel for other fraudulent activities (social engineering scams, spam, etc).

• https://bisq.network/faq/#contact-trading-peer

Sure, it is possible that it will be added in the future. Especially if we find a dev that is willing and knows how to do it.

If you know someone that can do that for Bisq, please direct them to our Slack channel.

Try pressing Ctrl+T as soon as the bisq window opens. They have some issues with windows. Try going on their slack to seek out help https://bisq.network/slack-invite

No, it doesn't. With cryptocurrencies, you can steel millions of dollars by hacking a computer, or by demanding a ransom that requires no "physical" drop off; then, not only can you obfuscate your trail algorithmically, but you can transmit the control of those resources internationally with the touch of a button from the comfort of your couch.

This is nothing like those asset classes you've mentioned, and is why governments are very wary of channels that allow people to convert cryptocurrencies to those asset classes.

Worse yet, after a law-abiding individual purchases some of those tainted tokens, it will be very easy to follow how he spends them in future transactions (because a law-abiding individual is not likely to obscure his activities). Intelligence agencies and law enforcement pride themselves on figuring out not only the explicit baddies, but also their relations, which means Joe Crypto might have some splainin to do; this ability to monitor the ledger will become increasingly vital to these agencies, and thus governments will gladly extend to cryptocurrencies the existing laws that prohibit "structuring" transactions in a way that evades regulation—you're going to see an incredible tightening of the restrictions and of the onerous KYC/AMLs.

There is an enormous war coming, and bisq.network should list ideas like this so that their users can make an informed decision about how to protect themselves.

Thank you for your honesty!

There is a major war ahead; even if we can't figure out good ways to insulate users, it's important for people to be able to participate with clear eyes rather than ignorance of the dangers.

Perhaps it's worth noting on bisq.network that third-party surveillance may be a thing, and that it would be a good idea to keep clear documentation of why deposits are being made.

Bisq doesn't handle the altcoin side of trading, it only focuses on BTC side. The payment for those BTC can be in fiat or altcoin and is completely handled outside of Bisq.

If you want to list your token on Bisq you can checkout this link.

I am not sure what you mean about a permalink, that is just a link to the comment, as far as I can see. Simply click on the name of the topic and you will go back to all the comments, if that is what you mean.

These instructions are for verifying the gpg4win program specifically, as far as I can see. You need to download Bisq devs public key and signature file to verify it. Otherwise, you are probably just checking if Bisq was signed with the gpg4win dev's keys, which it can not be.

Go to https://bisq.network/downloads/ and download a public key and a signature for your exe file (it has the same name as the exe file but with .asc at the end). Then try the above steps with those instead.

While it's not as specialized for cryptocurrency exchange the way bisq is, you can buy/sell cryptocurrencies on OpenBazaar. No fees, no trading limits, and you can trade any currency listed on CoinMarketCap.

https://openbazaar.org/blog/cryptocurrency-trading-now-available-on-openbazaar/

Languages are often not updated to fit the most recent release of the software, so maybe they are waiting for a more dedicated translator team.

You can see the progress on translations of different languages on Transifex https://www.transifex.com/bisq/bisq-desktop/