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Bisq is a decentralized bitcoin exchange best understood in terms of its major component parts:
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Bisq is a decentralized bitcoin exchange network.
  
Bisq is a cross-platform desktop application that allows anyone to buy and sell bitcoin in exchange for national currencies and other cryptocurrencies.
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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 is a trading protocol that enables individuals to exchange directly with one another over the internet, eliminating the need for trusted third party exchange services.
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== Bisq 1 ==
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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 is the peer-to-peer network formed by Bisq applications discovering, connecting to, and working with one another to implement the Bisq trading protocol. The Bisq network is fully peer-to-peer in that it requires no centrally-controlled servers and has no single points of failure.
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<big>[[Bisq 1|Find out more about Bisq 1]].</big>
  
Bisq is not a company. Bisq is free software released under version 3 of the GNU Affero General Public License. Bisq is built by individuals around the world who choose to work together, and Bisq is used by individuals around the world who choose to trade with Bisq over many other exchange alternatives.
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== Bisq 2 ==
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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. 
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<big>[[Bisq 2|Find out more about Bisq 2]].</big>

Latest revision as of 18:29, 16 June 2024

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.

Find out more about Bisq 1.

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.

Find out more about Bisq 2.