Difference between revisions of "Trade Protocols"

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Bisq is planning on making the follow trade protocols available on Bisq 2:
 
Bisq is planning on making the follow trade protocols available on Bisq 2:
  
* Lightning Network based trade protocol
+
=== Lightning Network ===
* 2-of-2 multisig with security deposit (current trade protocol used by Bisq 1)
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=== 2-of-2 multisig ===
* 2-of-2 multisig without dispute resolution (mutually-assured destruction / MAD)
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=== Mutually-assured destruction / MAD ===
* BSQ swaps (swap BSQ and BTC)
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=== BSQ swaps ===
* Same-chain atomic swaps (e.g. Liquid L-BTC/L-USDT; etc)
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=== Same-chain atomic swaps ===
* Cross-chain atomic swaps (e.g. XMR/BTC)
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=== Cross-chain atomic swaps ===
* 2-of-2 Liquid BTC multisig with security deposit (similar as current trade protocol used by Bisq 1 but with LBTC to reduce fees)
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=== 2-of-2 Liquid BTC ===
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 +
== Adding Trade Protocols to Bisq 2 ==
  
 
Trade protocols are designed to be modular so more trade protocols can be added in the future.
 
Trade protocols are designed to be modular so more trade protocols can be added in the future.
 
== Future Trade Protocols 2 ==
 
 
== Future Trade Protocols 3 ==
 
 
== Future Trade Protocols 4 ==
 

Revision as of 00:15, 29 October 2023

Bisq 2 will offer users the choice of multiple trade protocols.

Having multiple trade protocols allows users to choose the trading protocol that will work best for their particular trade requirements.

Different trade protocols have different:

  • Trade fees
  • Mining fees
  • Security mechanisms
  • Dispute mechanisms
  • Security deposit requirements
  • Privacy benefits / tradeoffs

All trade protocols will be able to be accessed from the Bisq 2 application independently. Users will be able to switch between trade protocols for different trades should they wish.

Bisq Easy

Bisq Easy will be the first trade protocol for Bisq 2. It will be accessible on the launch of Bisq 2.

See here for more information about Bisq Easy.

Future Trade Protocols

Bisq is planning on making the follow trade protocols available on Bisq 2:

Lightning Network

2-of-2 multisig

Mutually-assured destruction / MAD

BSQ swaps

Same-chain atomic swaps

Cross-chain atomic swaps

2-of-2 Liquid BTC

Adding Trade Protocols to Bisq 2

Trade protocols are designed to be modular so more trade protocols can be added in the future.