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What do you guys think? I think it is a great opportunity for everyone who has been struggling with crypto tax.
If we have enough liquidity in BISQ then it is the best option. I tried using them a few years back but no one was available to carry on any trade and hence i uninstalled them, but now there is a renewed interest for decentralized exchanges is good and if anyone used them recently how is the liquidity.
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Also with such a non-custodial and non-kyc exchange, there's always a considerable risk of dirty money being pushed to the accounts of commoners like us. It seems the only option for Indians will be to use Indian exchanges like Wazirx, Bitbns etc. going forward. Not really a favorable time for Indians in the crypto market.
If we receive hacked money then we are in trouble, so yes the risk is high for non KYC exchanges and some of the users here got into trouble for receiving money from hacked accounts in the past.