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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 user's computer. There are two software versions users can choose to run:
Bisq 1
Bisq 1 is a well-established peer-to-peer exchange that began in 2016, originally known as Bit Square. Over time, the platform has consistently improved, offering traders a decentralized, peer-to-peer environment to buy and sell Bitcoin for fiat currencies and a variety of altcoins. Individual trade sizes on Bisq 1 can reach 0.0624 BTC for fiat trades and 0.50 BTC for altcoin trades. Security is ensured through a multisig deposit system, allowing trades to safely occur between strangers.
Bisq 2
Bisq 2 was launched in 2024. Bisq 2 will have a range of trade protocols. The first one launched, and currently the only one available, is Bisq Easy. This allows traders, using a decentralized, peer-to-peer platform, to buy and sell bitcoin for fiat currency. Individual trade sizes on Bisq Easy are limited to the equivalent of 600 USD. 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 less than the equivalent of 600 USD.
