Bisq is a decentralized Bitcoin exchange

People from all around the world who choose to collaborate on building Bisq also prefer to use it and trade with it over many other exchange alternatives.

Bisq is not a company Bisq is free software!

How couldn't we support an exchange that gives users control over their funds, protects transaction freedom, and is private?

That is what #TakeItBack is all about!

To fulfill these demands, people created Bisq decentralized Bitcoin exchange. Besides Bitcoin, Bisq also supports 100+ cryptocurrencies such as Monero, Ethereum, Zcash and Litecoin.

The aim of Bisq is to make the exchange of Bitcoin for fiat money and other cryptocurrencies secure, private and censorship-proof.


The governance model of the Bisq exchange is decentralized and censorship-resistant. The tools Bisq uses for this are the BSQ token and the Bisq DAO.

Why do we love Bisq?

Bisq is a 100% free application

Bisq is a decentralized bitcoin exchange that is best understood by breaking it down into its primary components:


  • Anyone can buy and sell bitcoin using the cross-platform desktop application in exchange for fiat money or other cryptocurrencies. You simply download and run the free Bisq application on your laptop or desktop computer.
  • It is a trading protocol that allows individuals to exchange funds directly over the internet. No more need for trusted third-party exchange providers.

Bisq P2P network is difficult to shut down

Bisq was built to fulfill a mission. Bisq’s network is a fully distributed P2P network, and therefore difficult to shut down.


Bisq’s network is built on top of Tor*, and thus inherits Tor’s own censorship resistance. Bisq is code, not a company; it is not incorporated, and it cannot be disincorporated. You can download it here.


*Tor, short for The Onion Router, is free and open-source software for enabling anonymous communication. It directs Internet traffic through a free, worldwide, volunteer overlay network, to conceal a user's location and usage from anyone performing network surveillance or traffic analysis.

Bisq keeps your funds secure!

Bisq is entirely non-custodial (jeej !) which means that Bisq users stay in control of fiat and cryptocurrency funds. Trades include security deposits from buyer and seller to prevent fraud.


The Bitcoin for sale and Bitcoin security deposits are locked in a 2-of-2 multisig escrow* Disputes are handled through a decentralized human dispute resolution system.


*The 2-of-2 multisig Bitcoin wallets use two-factor authentication and separate device storage for private keys.

The Bisq DAO is a self-contained economy

The creators of Bisq understood that software that is decentralized, no matter how technically sound, is useless if it is still under the control of a single entity, the Bisq DAO is its solution.


The Bisq DAO chooses a self-contained economy over a system where governance is determined by the strict laws of software. Software serves as a guide, but ultimately, the community's collective, subjective judgments define governance. 


This is accomplished by introducing the BSQ token, a unit of value that enables Bisq stakeholders (contributors, traders, or anybody who possesses BSQ) to make subjective value judgments. Every action in the DAO is supported by this coin.

Have control over your own personal data and trade data

Using Bisq requires no registration or centralized identity verification. 

Know that every Bisq application is a Tor hidden service. Another important privacy fact is that Bisq has no central servers or databases to record data.

All data is encrypted such that trade details are readable only by counterparties. Isn't this great? Yeah we love it too.

Briefly stated, this is how Bisq works

'Think of a scenario where you wish to purchase bitcoin (BTC) using euros (EUR)'

To make a trade on Bisq, you have to go through the following steps:

  • Install and launch the Bisq application on your desktop or laptop.
  • Set up Bisq and connect that with your EUR payment method information (bank transfer, money order, etc)
  • Browse the available offers to sell BTC for EUR in Bisq's offer book.
  • Accept an offer price and trade your EUR for the seller's BTC.
  • Send EUR via the chosen method and record it in Bisq.
  • Now both you (buyer) and the seller anticipate, receive a payment.
  • The seller accepts your EUR and logs a receipt confirmation in Bisq.
  • As soon as the seller delivers you your bitcoin, the transaction is finished.

"Be your own bank" is Bitcoin's motto,
"Be your own exchange" is the motto of Bisq."
Bisq

Let's look at the numbers..
Overview of Bisq performance

Established

2016

Sum of Value Traded in Bitcoin

+ 32,771

Sum of Value Traded in USD

+ 421,770,940

Average Trading Value in USD

+ 176,211

Average Daily Trades

+ 75

Social Media Channels

Twitter, Matrix, Youtube, Reddit

How do I know if Bisq is truly something for me?
  • You want to exchange a national currency such as dollars, euros, or yen or a wide range of cryptocurrencies for Bitcoin.
  • You don't want to trust any entity to hold their funds.
  • You object to giving up privacy or control to a centralized authority in order to trade with others.
  • You believe that financial transactions qualify as a type of private communication that needs to be protected from bank, government, and other institution surveillance.


Go to the website of Bisq
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