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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 [[P2P Network|peer-to-peer]] bitcoin exchange network that you access via software running on your own computer. It enables secure, private, and censorship-resistant trading directly with other users, without relying on intermediaries.
  
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 offers two software versions providing different trading experiences:
  
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 the original, well-established peer-to-peer exchange platform launched in 2016 (initially as BitSquare). It allows users to trade Bitcoin for fiat currencies and various altcoins using a robust [[Security deposit|multisig deposit system]] for security between strangers. Individual trade sizes on Bisq 1 can reach up to {{MaxTradeSizeBisq1}} for fiat trades and {{MaxTradeSizeAltcoin}} for altcoin trades.
  
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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'''[[Bisq 1|Learn more about Bisq 1]]'''
  
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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Launched in 2024, [[Bisq 2]] is the next-generation platform designed to support multiple [[Trade Protocols|trade protocols]]. The first, and currently primary, protocol available is [[Bisq Easy]].
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[[Bisq Easy]] facilitates peer-to-peer Bitcoin-fiat trades with security based on seller [[Reputation|reputation]], rather than deposits. It features no trading fees and no deposit requirements, making it accessible for smaller trades up to the equivalent of 600 USD (or {{MaxBisqEasyTrade}}). It is positioned as a simpler alternative for users, especially those new to Bisq or making smaller fiat trades.
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'''[[Bisq 2|Learn more about Bisq 2 & Bisq Easy]]'''

Latest revision as of 17:57, 19 April 2025

Bisq is a decentralized peer-to-peer bitcoin exchange network that you access via software running on your own computer. It enables secure, private, and censorship-resistant trading directly with other users, without relying on intermediaries.

Bisq offers two software versions providing different trading experiences:

Bisq 1

Bisq 1 is the original, well-established peer-to-peer exchange platform launched in 2016 (initially as BitSquare). It allows users to trade Bitcoin for fiat currencies and various altcoins using a robust multisig deposit system for security between strangers. Individual trade sizes on Bisq 1 can reach up to 0.0624 BTC for fiat trades and 0.50 BTC for altcoin trades.

Learn more about Bisq 1

Bisq 2

Launched in 2024, Bisq 2 is the next-generation platform designed to support multiple trade protocols. The first, and currently primary, protocol available is Bisq Easy.

Bisq Easy facilitates peer-to-peer Bitcoin-fiat trades with security based on seller reputation, rather than deposits. It features no trading fees and no deposit requirements, making it accessible for smaller trades up to the equivalent of 600 USD (or the equivalent of 600 USD). It is positioned as a simpler alternative for users, especially those new to Bisq or making smaller fiat trades.

Learn more about Bisq 2 & Bisq Easy