MuSig-tradelimits

Why are trade limits necessary?

Most fiat payment methods carry a risk of bank chargebacks. To reduce this risk, Bisq applies both trade amount limits and trade rate limits to Bitcoin buyers, since buyers are the ones who could initiate a chargeback.

Fiat trades – Bitcoin buyers

Trade limits depend on:

• The chargeback risk of the selected payment method
• Whether the buyer has imported a signed account age witness from Bisq 1
• The age of the payment account

Fiat trades – Bitcoin sellers

For sellers, trade limits depend only on the selected payment method.

Cryptocurrency trades

A maximum trade amount limit equivalent to 10,000 USD applies.

How are trade limits applied?

Trade limits are calculated based on these rules:

• Each fiat payment method has a chargeback risk level. Depending on that level, the maximum trade amount of 10,000 USD can be reduced by up to 50%.
• If a user imports a previously signed Bisq 1 account, all limits are removed.
• If a payment account is older than 90 days, limits are removed. For newer accounts, limits increase gradually until reaching that age.

Trade rate limit

The trade rate limit (number of trades allowed per day) is based on the trade amount limit:

• It is calculated as: trade amount limit ÷ 1,000
• The minimum value is 1 trade per day
• Once the maximum trade amount limit is reached, the trade rate limit no longer applies

You can import accounts from Bisq 1 and keep their account age.

Trade limit calculator

Use the simulator to see which limits apply to you based on:

• Your selected payment method
• The age of your payment account
• Whether you have imported a signed Bisq 1 account