Bisq

Name: Bisq
Rating: 4.6 (51 reviews)

Bisq is an open-source, peer-to-peer application that allows users to buy and sell cryptocurrencies in exchange for national currencies or alternative cryptocurrencies without requiring registration or reliance on a centralized authority. It operates on a decentralized network, ensuring user privacy and security through end-to-end encrypted communication. Bisq supports multiple payment methods and provides a platform for a trustless exchange process using a software-based arbitration system.

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4.6/5.0

51 Reviews

About Bisq

Bisq Exchange: A Vanguard of Decentralized Trading

Bisq is not your typical trading platform; it's a decentralized network that empowers you to buy and sell Bitcoin and other cryptocurrencies without the oversight of a central authority.

Decentralization at Its Core

Bisq is a peer-to-peer network that operates via an open-source desktop application, ensuring that no single point of failure can compromise the system. It's a marketplace that runs on the Tor network, enhancing user privacy and security. The absence of a central authority means no mandatory KYC (Know Your Customer) checks, offering you an anonymous trading experience.

Trading with Confidence and Ease

Despite its sophisticated underpinnings, Bisq is designed for ease of use. You can start trading in minutes, with a straightforward setup process that respects your time and intelligence. The platform supports a wide array of payment methods, from national bank transfers to alternative services like Wise, and even options as unique as Cash by Mail.

Security: A Top Priority

Bisq's security measures are robust, featuring 2-of-2 multisig wallets for trades and security deposits to prevent fraud. This ensures that your funds are always under your control, and trades are conducted safely.

A Community-Driven Ecosystem

The Bisq DAO (Decentralized Autonomous Organization) is the backbone of the platform's governance, allowing users to participate in decision-making.

FAQs About Bisq Exchange

Is Bisq Exchange suitable for beginners?

Bisq's interface is more complex than centralized exchanges and is best suited for those with some experience in cryptocurrency trading.

Can I trade cryptocurrencies other than Bitcoin on Bisq?

Yes, while all transactions require Bitcoin, Bisq supports trading with over 120 fiat currencies and cryptocurrencies.

Are there any fees associated with trading on Bisq?

Bisq charges a combined trading fee of 1% of the total trade amount, with the option to pay half as much if using Bisq's proprietary coin, BSQ.

How does Bisq ensure the security of my transactions?

Bisq employs a 2-of-2 multisig wallet for each trade, requires security deposits, and has a three-tier dispute resolution system to ensure trade safety.

Conclusion

Bisq Exchange stands out as a platform that truly respects your privacy and autonomy. Whether you're a seasoned trader or someone who's just interested in the power of decentralised technology Bisq is a platform that deserves your attention.

Rated 4.6/5.0

based on 51 reviews

Showing 15 of 51 Reviews

ether

Jun 29, 2025

Perfect product but bad UI

Bisq is one of the best decentralised exchanges as it requires no kyc, has relatively low fees, and is extremely easy to use. There are minimal restrictions on accounts, making the user experience pre...

dan

Dec 3, 2024

No kyc

It's decentralised, No Kyc required. No personal data stored. Easy to start, Cheaper and faster than other exchange. User experience not so good, but still nice, i also use for buy and sell crypto

turbsudoist

Jun 30, 2024

Great solution, not for newbies

I have used Bisq only once. It is a great decentralized p2p solution, however I find it difficult to set up and use if you are a beginer. This type of solutions is what Bitcoin was built for, however ...

j0nn1

Jun 17, 2024

Unlike anything!

It's a great p2p platform, safe and decentralized, everything that Bitcoin came to provide us with. The platform can be a little difficult for those just starting out in this world, but for those who ...

sharvesh_bakon

Jun 10, 2024

Privacy - First!!

Bisq is like a hidden gem in the world of decentralized exchanges. It's amazing and worth for those who value privacy and security in their trading. While its interface may not be the slickest, its de...

kwikbit17

Jan 7, 2024

Great Decentralized P2P Exchange

Great P2P Exchange. Best for larger purchases on main chain. Simply download the software and start with smaller amounts until comfortable. Been using it for a few years. Always improving however coul...

ivanborov

Dec 27, 2023

Bisq is freedom and No KYC

At the moment this is my preferred way to buy and sell Bitcoin and Crypto without KYC rules. This desktop app is available for Windows, Mac and Linux and it is around more than 5 years. The process of...

JKRo

Dec 7, 2023

Good Platform

An excellent way to meet P2P is Bisq. The platform is safe, sellers and buyers are screened using the escrow system, which guarantees, in a way, that both parties honor their commitment. I recommend i...

drewcash14

Nov 24, 2023

Top Bitcoin mobile exchange

You don't have to release Bitcoin until they pay, making it extremely safe.Because it is much more private, there is generally less trading and sellers ask higher prices. A support forum is accessible...

lyiad

Nov 23, 2023

Bisq: User-Friendly P2P Bitcoin Trading with Some User-Related Hiccups

In my opinion, Bisq is one of the top apps for buying and selling Bitcoin peer-to-peer. It’s really user-friendly, and you don’t need advanced IT knowledge to navigate it. However, I would say its ma...

alice

Nov 14, 2023

It's very secure because it is much more private.

It's very secure - you don't have to release bitcoin until they pay.There is much less trading going on and sellers generally ask more because it is much more private. There is a help forum available ...

martin20

Nov 11, 2023

Give it a try

Bisq is a great app to use to purchase Bitcoin without having to share your private information with a corporation whose bound to sell it or lose it! It's a truly distributed network and follows the ...

teemupleb

Oct 25, 2023

Bisq - A Sovereign Individual's Non-KYC Bitcoin Exchange

[color=rgb(55, 65, 81)][highlight=transparent]Bisq is a good option if you want to make some larger non-KYC peer-to-peer Bitcoin buys.[/highlight][/color] [color=rgb(55, 65, 81)][highlight=transparen...

jowe_one

Oct 24, 2023

No KYC but a bit complicated

I trust Bisq but I find the UX is complicated. And it's long to find somebody to accept your offer. The market has no deep liquidity.

rkd

Sep 24, 2023

Bisq-Non KYC decentralised exchange..consistent with Bitcoin values

I like everything about it, including its not KYC except I have had difficulty recently using it on Apple.. better phone Apple support