Wise-USD

From Bisq Wiki
Jump to navigation Jump to search

TransferWise-USD is a payment method added in Bisq v1.8.0

TransferWise-USD is a payment......

What countries are available for TransferWise-USD?

TransferWise-USD is available in the following countries;

What currencies are available for TransferWise-USD?

TransferWise-USD supports the following currencies;

What is the maximum trading duration for TransferWise-USD?

The maximum trade time is X days. Generally TransferWise-USD transfers will be completed within X days.

What is the maximum BTC limit for an TransferWise-USD trade?

0.25 BTC.

Is TransferWise-USD a payment method that can be signed?

No, TransferWise-USD accounts do not require signing.

How do I set up a TransferWise-USD account?

How do I add TransferWise-USD as a payment method in Bisq?

It is easy to add your TransferWise-USD account to Bisq.

  1. Go to the top menu in Bisq and select Account.
  2. Then select National Currency Accounts.
  3. Click add new account
  4. Select TransferWise-USD
  5. Complete the details
  6. Choose to use a custom account name this helps makes it easier for you to manage multiple payment methods in Bisq (this will be visible only to you, for example: TransferWise-USD - USD - John Doe)
  7. Click save new account

Make sure all the details are correct when you add.

How do I buy BTC with my TransferWise-USD account?

You can buy BTC with TransferWise-USD on Bisq in 2 waysː

  1. Make an offer to buy BTC on the USD market.
  2. Take an offer to buy BTC on the USD market.

When the offer is confirmed Bisq will provide you with the BTC Sellers TransferWise-USD details for you to complete the payment. You should send payment immediately and confirm you have done so in Bisq by clicking 'payment started'.

If you have the option to include a payment reference please leave it blank. If your bank requires one, please just use your name that matches your bank account.

Once the BTC Seller receives your payment they will confirm in Bisq and your security deposit and your purchased trade amount will be available in your wallet.

How do I sell BTC with my TransferWise-USD account?

You can sell BTC with TransferWise-USD on Bisq in 2 waysː

  1. Make an offer to sell BTC on the USD market.
  2. Take an offer to sell BTC on the USD market.

When the offer is confirmed Bisq will provide with the BTC Buyer with your TransferWise-USD details for you to complete the payment. They should send payment at their first opportunity and confirm they have done so in Bisq by clicking 'payment started'.

Once you receive payment from the BTC Buyer you should confirm payment has been received in Bisq. One you have done this the BTC Buyer will receive their funds and you will receive your security deposit back.

Are there any limits for me to be aware of when using my TransferWise-USD account?

Are there any fees for me to be aware of when using my TransferWise-USD account?

How does dispute resolution when trading with TransferWise-USD?

If a dispute occurs the mediator may ask the buyer to send them information showing that they made the payment of the correct amount to the BTC Seller within the correct time frame.

The mediator may ask the seller to send them information to prove their account details are correct, or in the case of the BTC Buyer making a payment late, or of the wrong amount.

For more information see dispute resolution.