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Bisq is a decentralized bitcoin exchange network.
Bisq provides a peer to peer bitcoin exchange experience via software that runs locally on the users computer. There are two software versions users can choose to run:
Bisq 1
Bisq 1 is a long established peer to peer exchange that started in 2016 (originally named Bit Square). Over the years the exchange has continually improved to provide traders with a decentralized, peer to peer, platform to buy and sell bitcoin for fiat and a range of altcoins. Individual trade sizes on Bisq 1 can be as large as 0.125 BTC for fiat trades and 1.0 BTC for altcoins. Security for the trades is provided by way of a multisig deposit that means trades can safely trade with strangers.
Bisq 2
Bisq 2 was launched in 2024. Bisq 2 will have a range of trade protocols. The fist one launched, and currently the only one available, is Bisq Easy. This allows traders with a decentralized, peer to peer, platform to buy and sell bitcoin for fiat. Individual trade sizes on Bisq Easy are limited to as 0.01 BTC. Security for the trades is provided through the reputation of the BTC sellers. There are no trade fees on Bisq Easy, and no deposit requirements. Bisq Easy is expected to replace Bisq 1 for fiat trades of 0.01 BTC and under.
