Difference between revisions of "How to buy BSQ on Bisq"

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(Created page with "First download, install Bisq and create a backup (copy seed words). Now you can trade. To buy your first BSQ follow these simple steps: 1. On Markets select BSQ/BTC 2. Click...")
 
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First download, install Bisq and create a backup (copy seed words).
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First download, install Bisq and create a backup (copy seed words - see [[How to back up your Bisq wallet seed]]).
  
 
Now you can trade. To buy your first BSQ follow these simple steps:
 
Now you can trade. To buy your first BSQ follow these simple steps:
  
1. On Markets select BSQ/BTC
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1. On '''Market''' tab select BSQ/BTC
2. Click on BUY BSQ
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3. Select an offer and click on TAKE OFFER
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2. Click on '''BUY BSQ'''
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3. Select an offer and click on '''TAKE OFFER'''
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4. Review offer details including amount, price. Then click on NEXT STEP.
 
4. Review offer details including amount, price. Then click on NEXT STEP.
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5. Fund your trade (from Bisq wallet or external wallet).
 
5. Fund your trade (from Bisq wallet or external wallet).
6. Click on CONFIRM TAKE OFFER.
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6. Click on '''CONFIRM TAKE OFFER'''.
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7. BSQ/BTC swap is now complete. Wait for blockchain confirmation.
 
7. BSQ/BTC swap is now complete. Wait for blockchain confirmation.
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8. Check that you have received BSQ in your wallet.
 
8. Check that you have received BSQ in your wallet.
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BSQ/BTC swaps are '''Atomic Swaps'''. This means that they are either completed or not. They cannot be stuck or incomplete. They have no counterparty risk and require no '''trusted third party''' to be involved.
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*For more short guides see [[Howto]]. You can also find support on '''[https://bisq.chat Matrix]'''.

Latest revision as of 18:33, 24 February 2022

First download, install Bisq and create a backup (copy seed words - see How to back up your Bisq wallet seed).

Now you can trade. To buy your first BSQ follow these simple steps:

1. On Market tab select BSQ/BTC

2. Click on BUY BSQ

3. Select an offer and click on TAKE OFFER

4. Review offer details including amount, price. Then click on NEXT STEP.

5. Fund your trade (from Bisq wallet or external wallet).

6. Click on CONFIRM TAKE OFFER.

7. BSQ/BTC swap is now complete. Wait for blockchain confirmation.

8. Check that you have received BSQ in your wallet.


BSQ/BTC swaps are Atomic Swaps. This means that they are either completed or not. They cannot be stuck or incomplete. They have no counterparty risk and require no trusted third party to be involved.

  • For more short guides see Howto. You can also find support on Matrix.