Bitsquare: A Different way to Trade Cryptos

[skurtsil]

Bitsquare is a peer-to-peer open source system. It allows people to sell Bitcoin in exchange, regular currencies or altcurrencies. Manfred Karrer founded Bitsquare and its beta version was released in the spring of 2016.  Bisquare is a Decentralized Autonomous Organization (DAO) whose ownership is distributed among the contributors to the project.

Trading
First, you’ll have to download their software, that doesn’t require any details from you. Then you need to register a password for your wallet and you’re ready to go. You can trade among a decent list of altcoins; you can also choose your regular currency among few fiat currencies.

Read more:
https://www.tokens24.com/cryptopedia/trading/bitsquare-a-different-way-to-trade-cryptos

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[hase0278]

Bitsquare is a peer-to-peer open source system. It allows people to sell Bitcoin in exchange, regular currencies or altcurrencies. Manfred Karrer founded Bitsquare and its beta version was released in the spring of 2016.  Bisquare is a Decentralized Autonomous Organization (DAO) whose ownership is distributed among the contributors to the project.

Trading
First, you’ll have to download their software, that doesn’t require any details from you. Then you need to register a password for your wallet and you’re ready to go. You can trade among a decent list of altcoins; you can also choose your regular currency among few fiat currencies.

Read more:
https://www.tokens24.com/cryptopedia/trading/bitsquare-a-different-way-to-trade-cryptos

So it is only like an improved localbitcoins? I think localbitcoins is better if that is the case because it doesn't require clients to download their software in order to be used.  Localbitcoins can be used via their website, without downloading anything at all. Nevertheless, I think it is a good peer-to-peer trading platform for altcoins(at least for now but I don't trust it yet).

[Red-Apple]

So it is only like an improved localbitcoins? I think localbitcoins is better if that is the case because it doesn't require clients to download their software in order to be used.  Localbitcoins can be used via their website, without downloading anything at all. Nevertheless, I think it is a good peer-to-peer trading platform for altcoins(at least for now but I don't trust it yet).

no it is more like a decentralized platform where you trade directly with another peer instead of going to a centralized website, sign up and find someone there.
and it is done directly since it is cryptocurrency versus cryptocurrency trades.

[maxim000]

Three basic ways to trade in crypto
1- Buy the underlying asset from online cryptocurrency broker, holding the actual currency in wallet.
2-Trade a CFD, derivative and hold cash margin with an online forex broker.
3- Buy a publicily listed security related to bitcoin and hold shares with online share broker.
Basic trading works on these principles.