Paying trading fees with BSQ

This short guide will show you how to use BSQ to pay lower trading fees. Using BSQ also compensates Bisq contributors, making the Bisq network a sustainable free software project.

Bisq’s token is a bit different from most other exchange tokens: its primary reason to exist is to enable the decentralized operation and management of the Bisq network. That means no central wallets or accounts to accumulate funds, and no legal entity or leadership team to control strategy. See more details in this doc or in these videos.

For you, as a trader, discounted trading fees are a practical result of this approach: the mechanisms above require that trading fees be paid in BSQ, so the software encourages traders to pay fees with BSQ by making them cheaper than plain BTC fees.

Let’s see how to take advantage of this.