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I try to sodl my sats as seldom as possible. But when I do buy or sell sats, lately its been exclusively through @bisq_network
This gets those sats directly back into the hands of real bitcoiners instead of some exchange or institution.
This has been my experience with bisq
This gets those sats directly back into the hands of real bitcoiners instead of some exchange or institution.
This has been my experience with bisq
I'm a bitcoiner living 100% on bitcoin for a few years now.
I'm all-in bitcoin (literally), so I periodically sell some (but also buy more during large dips) to cover living expenses.
I used to do this solely through centralized exchanges... first Coinbase
, then CashApp.
I'm all-in bitcoin (literally), so I periodically sell some (but also buy more during large dips) to cover living expenses.
I used to do this solely through centralized exchanges... first Coinbase
, then CashApp.
For several months now I've exclusively used Bisq A fully peer-to-peer exchange. No central control. No leader to arrest, or tell you what to do with your money. You exchange directly with other bitcoiners. Probably one of the only projects that can actually be classified as DeFi
I used to think Bisq would be less secure, complicated, or there would be no liquidity.
I'm ~15 trades in now, and all have been easy and successful.
I'm ~15 trades in now, and all have been easy and successful.
When a trade is initiated, Bitcoin is locked in escrow. Both the buyer and seller are required to make a small security deposit to ensure they remain honest. I've only had one minor issue with a trade recently, and a mediator was assigned to resolve the dispute. All went smoothly
Exchange liquidity is increasing at a steady pace, and it doesn't take too long to find decent offers.
There are many payment methods from bank transfers, Revolut, Western Union, even completely anonymous mail-in money orders or local face-to-face trades.
There are many payment methods from bank transfers, Revolut, Western Union, even completely anonymous mail-in money orders or local face-to-face trades.
I've traded sats anywhere from 1% under spot price, all the way up to +15% above spot price. Some are in a hurry and willing to pay the premium for the KYC-free coins. But if you're mainly looking to stack cheaper sats and have patience, you can make your own offer to buy cheap.
Did I mention sats bought or sold through Bisq are KYC-free? Why settle for anything less? Why dox yourself to governments and chainalysis companies?
With bisq we can bypass centralized exchanges and stack KYC-free.
With bisq we can bypass centralized exchanges and stack KYC-free.
Privacy is of utmost importance. When bitcoin swallows all the value in the world, do you really want everyone knowing how much you own?
Bisq is non-custodial, connects through TOR, and you can use your own bitcoin node if you run one.
I also whirlpool all sats I send to bisq.
Bisq is non-custodial, connects through TOR, and you can use your own bitcoin node if you run one.
I also whirlpool all sats I send to bisq.
Buying and hodling bitcoin is freedom, spending that bitcoin is just as revolutionary, and doing it all p2p with bisq without the need to ask for permission should be illegal! (IF they could, they would!)
Help create a circular bitcoin economy and try bisq for your next stack.
Help create a circular bitcoin economy and try bisq for your next stack.
