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This post is removed
7 years ago by kryptonizer (42)
$6.71
- Past Payouts $6.71
- - Author $5.10
- - Curators $1.61
48 votes
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Thank you, after my miserable experience with Coinbase I'm going to check this out.
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Thanks kryptonizer, I will give it try. I have been worried and don't like the fact CoinBase and other exchanges have my information. Like you said it defeats the whole purpose of blockchain technology.
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yep, CoinBase is like Paypal who charges crazy amount of fee and want to limit your fund at the same time. Really looking for more people to join Bisq so that the number of offers will be more abundant. Thanks for reading.
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What you do with coinbase is transfer moneydirectly from yout bank account and then buy coins from gdax. This way you dont pay a fee
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For new users that recently signed up, Coinbase doesn't even allow transfer fiat money from bank account to coinbase account unless you submit driver license id to them for verification purpose. They're making it very difficult nowadays.
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damn that blows
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Could have saved myself a S%$t tonne of cash on this advice - :) live and learn
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Bisq is an amazing concept, and I really hope more people start using it. It's not yet as convenient as big exchanges, but the benefits are huge. I'm going to start throwing some trades up soon to try to help feed network traffic, and I'm making a banner for my signature in Steemit posts as well. : )
PS. if you've not heard of it there's another project that works the same way, but it's for ecommerce! It's called Open Bazaar. It's pretty neat, but unfortunately has the same problem as Bisq - the network needs more users!
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Yeah, stumbled across the Bisq blog somewhere online and was intrigued about the concept. Glad to see that its been tested and now gaining some traction. That being said, it does not yet provide support for Naira so it kinda limits some of us being able to participate. I do hope that they consider Naira pairs sometime in the nearest future as Nigeria remains a huge market to be tapped in terms of crypto-potential.
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I installed the Bisq application and tried to deposit some xmr but as it looks there are just btc, ltc and dash as main currencies possible to deposit and withdraw? The others are just contracs? This would be useless
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I am going to check on this. Thank you.
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Looks interesting, thanks for sharing. I'll give it a try
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Thanks for sharing this. As a newbie to cryptos I am using the big names for the obvious reasons- Coinbase is expensive and once I waited 8 days for my transfer and another time 24 hours.
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I heard something different about how Bisq works!
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I definitely wanna try this out.
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This sounds like great concept. I hope they can attract enough users to reach critical mass.
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Unfortunately, Bisq mostly has US-based traders that use proprietary systems that do not accommodate any payments from outside the US. This isn't Bisq's fault, of course. It has SEPA payments and other sorts. However, the exchange is still not populated by Europeans or people willing to accept forms of payments that outside buyers can use.
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I've stumbled upon Bisq the other day and I am about to use it the first time. My question now is, how long does it take for the seller to confirm the bank transfer? Do you have to wait as long as a bank transfer typically takes for confirmation (4-7 days) or does Bisq use an accelerated/escrow based confirmation method?
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Hey @kryotonizer I was wondering which payment methods they accept for purchasing bitcoin with EUR. Can you pay with credit card?
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There are many options for EUR including: SEPA, Zelle, Bank Transfer, Cash Deposit, etc...
As for credit card, I haven't looked into it but my guess is that it's not allowed since the credit card's owner can dispute and revert the payment thru his credit card company a few days later. This will leave the seller with no money and lost bitcoin.
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I usually buy or sell with the same people I know around me. But I can see that Bisq has some benefits that I did not know of it. Is there any referral program or a link? By the way, talking about the different programs and getting to know what they ask and they do, it is something I am looking forward to do here. Some times, sharing experience make other people not to make the same mistakes. Like, I am right now in one of the mining places, and I do not see any payment in my son's account, although I am receiving in mine, litecoins, dash an bitcoins. My son decided to invest in Ether and Classic. He has been for over a month and no payment. Have you had any experience with mining company, mainly with the one that has a biblical name?
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