

Bisq
Desktop peer-to-peer (P2P) application that allows you to buy and sell bitcoins in exchange for fiat (national currencies), or alternative crypto currencies
Cost / License
- Free
- Open Source
Application types
Platforms
- Mac
- Windows
- Linux
Features
Properties
- Privacy focused
- Security-focused
Features
- Decentralized
Support for TOR
- Peer-To-Peer
- Monero exchange
- Crypto Wallet
- Support for multiple currencies
- Currency Conversion
- Ad-free
- Local Storage
- Tor
Tags
- Privacy Protection
- Ethereum
- currency-exchange
- Bitcoin Wallet
- multisig
- currency
- Cryptocurrency
- Bitcoin Payment
- Bitcoin
Bisq News & Activities
Recent News
Recent activities
- solandre-wyze-ap-shelta liked Bisq
ethicnology added Bisq as alternative to Bull Bitcoin- zyprexia added Bisq as alternative to EXVO Exchange
metaearth added Bisq as alternative to Meta Earth- Creative_joe liked Bisq
OpenSourceSoftware added Bisq as alternative to Pera Algo Wallet
justarandom added Bisq as alternative to Sorted Wallet- PredatorQ liked Bisq
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What is Bisq?
Desktop peer-to-peer (P2P) application that allows you to buy and sell bitcoins in exchange for fiat (national currencies), or alternative crypto currencies
Features and Philosophy: Unlike traditional online exchanges, Bisq is designed to be: • Instantly accessible – no need for registration or approval from a central authority. • Decentralized – there is no single point of failure. The system is peer-to-peer and trading can not be stopped or censored. • Safe – Bisq never holds your funds. Decentralized arbitration system and security deposits protect traders. • Private – no one except trading partners exchange personally identifying data. All personal data is stored locally. • Secure – end-to-end encrypted communication routed over Tor. • Open – every aspect of the project is transparent. The code is open source. • Easy – we take usability seriously.
Bisq is for those who do not want to forfeit control or privacy to a central authority in order to trade with other individuals. We regard financial transactions as a form of private speech that should be protected from surveillance by banks, governments, and other institutions.
It is non-custodial in that it never touches or controls user funds, these are held in user controlled wallets and accounts. Security deposits are done through multisignature Bitcoin addresses.
Bisq employs three mechanisms of achieving security:
- All bitcoins traded with Bisq are secured in a 2-of-3 multisignature address.
- Both traders are required to pay security deposits. These are refunded to them after a trade completes.
- Bisq features an arbitrator system, to be used in case a trade dispute arises.











Comments and Reviews
The good • Fully open source. If you are not familiar with "open source", it means Bisq is more secure. Because its code is publicly available for review and contributions on GitHub at https://github.com/bisq-network • 100% decentralized. Using peer-to-peer (P2P) transactions. This allows you to reduce your cost and increase your profit. Simply because you do not have to pay fees to a third party/middle man. • More secure. Because the decentralized P2P transactions occur directly between the buyer and seller. So the exchange is not vulnerable to hacks or thefts DDoS attacks. Compare to centralized exchanges such as Coinbase, Bitfinex, or Mt Gox, which are all vulnerable to those challenges. With Bisq your wallet(s) are securely stored locally on your computer. Your funds (fiat/national currency, crypto, including altcoins) are never held by Bisq. Instead they are stored locally within your wallet(s) or within your own bank/credit union account. • Stronger privacy. You can do all your transactions while being fully anonymous and untraceable. Bisq is able to do that by not requesting registration, and by using Tor hidden services and end-to-end encryption. In other words, with Bisq you get financial privacy and data. As they are not publicly exposed. Private data is only accessible to the traders involved. Read more about Tor hidden services at https://www.torproject.org/docs/hidden-services.html.en • Cross-platform. Available for Linux, Windows, Mac. • No censorship. You are really free to trade with anyone to your liking and express yourself. Of course within the legal limits and community agreements. • Bisq is also a bitcoin wallet. Again you reduce your cost because you do not need a third party for your wallet(s). • After you know how to use Bisq, signing away your privacy and sending your money to an untrustworthy third-party will all be distant memories in the past. • And there are no servers that could be seized.
The bad • Advanced trading features are not yet available. Bisq is fully functional but still in its early development. • For your transactions to fully complete you need to keep your computer or device open, it needs to be connected to the internet, and you need to be online. Your device needs to be on and connected to the internet because the order books are hosted by you. In exchange you get stronger security and privacy. As for you being available online it is required for you to complete your actions such as security deposit. In exchange you get a solid protection against fraud.
Video • Introduction https://youtu.be/7QXReLxJ0Rk or https://vimeo.com/113838717 • Demo https://youtu.be/reQ0M1_SPsA • Overview concept https://youtu.be/VBdpujCjFAs • Bisq.network website overview https://youtu.be/H81o8YVzBZk • 8 Reasons Bitsquare is the Best Way To Buy Bitcoin (UPDATED) https://youtu.be/uI3JH6agpLw • Manfred Karrer, creator of Bisq (formerly Bitsquare), on peer-to-peer exchanges https://youtu.be/MpQcSHWW7PE • World's First Decentralized Currency Exchange to Launch April 27! https://youtu.be/Torsqmubq68 • Tutorial: Trade process overview https://youtu.be/upENHwHzqZM • Tutorial: Software demo in details https://youtu.be/r0kEZ-8uCmY • Tutorial: Arbitration system https://youtu.be/MVUhPh76vOQ • Tutorial: Protection mechanisms https://youtu.be/PgRG2ZvJ00k
Note • Bisq is the new name for Bitsquare
It's private and very safe.
I a great decentralized cryptocurrency exchange app.