Bisq

What is Bisq?

Bisq is a desktop peer-to-peer (P2P) application that enables users to buy and sell bitcoins in exchange for fiat (national currencies) or alternative cryptocurrencies. Unlike traditional online exchanges, Bisq is designed to be instantly accessible without the need for registration or approval from a central authority. The system is decentralized, with no single point of failure, allowing trading that cannot be stopped or censored. Bisq's approach prioritizes user safety and privacy. The platform never holds user funds, which are stored in user-controlled wallets and accounts. A decentralized arbitration system and security deposits protect traders. All communication is end-to-end encrypted and routed over Tor, ensuring personal data remains private, as Bisq does not require the exchange of personally identifying information between trading partners Bisq is an open-source project, with every aspect of the platform transparent. The application is designed with a focus on usability, providing an easy-to-use interface for participants to engage in peer-to-peer cryptocurrency trading. Bisq aims to empower users by enabling financial transactions as a form of private speech, protected from surveillance by banks, governments, and other institutions

Highlights

• Instant accessibility without registration or central authority approval
• Decentralized trading network with no single point of failure
• User funds held in user-controlled wallets, not platform-controlled
• Decentralized arbitration and security deposits for trader protection
• End-to-end encrypted and Tor-routed communication for privacy
• Open-source codebase with full transparency