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Author Topic: Start trading on Bisq if you want to save tax  (Read 155 times)
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elevates (OP)
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March 05, 2023, 02:15:08 PM
Last edit: March 16, 2023, 02:03:26 PM by elevates
Merited by pakhitheboss (4), Heisenberg_Hunter (2)
 #1

BTC/INR trading is active on the Bisq exchange but the problem is that Bisq does not have any volume. I am creating this topic to help everyone who is a Full Member and above and have been active for the last six month with a minimum of 5 merits gained in the last 180 days to trade on a DEX that cannot be tracked.

Why you should trade on Bisq

The simple reason trading on Bisq does not need you to pass KYC is that it is a decentralized Bitcoin exchange. Another reason Bisq offers multiple Indian payment systems like UPI, IMPS, NEFT & more.

Links that you need to study before trading on Bisq



T&C to participate!

  • Only Members and above Rank are allowed
  • You need to be an active member for at least six months
  • You should have received a minimum of 5 merits in the last six months.
  • Post your requirement on this thread
  • I would personally review your trading requirement and then quote it as YES.
  • I still cannot guarantee a trade after my evaluation and quoting it.
  • Bisq uses escrow services so the amount won't get lost unless both parties authorize the trade.
  • If you have any dispute after the trade then it is your problem and not mine
  • You are not allowed to spam this thread otherwise you will receive negative trust from me and ultimately get banned.

Post your requirements below in BTC/INR trading pair and do send me a DM if you do not see any updated in 24 hours.
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elevates (OP)
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March 05, 2023, 02:15:28 PM
 #2

Reserved!
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March 05, 2023, 02:51:28 PM
Merited by elevates (2), Heisenberg_Hunter (1)
 #3

I was planning for something like this but it seems you have done most of your homework on how to actually initiate a P2P serve using the forum and a platform. Great job @elevates. I am sure many request would be genuine but it will be a lot of struggle.

I am not sure whether we can place an ANN on this thread. As we are launching a service related to BTT. I think they should allow it.  Please copy/paste it on that thread and let's see how the moderators treat it.

What everyone would also like to know is that how you will verify a member worthy for a trade? You haven't mentioned it . Please do mention it and then post it on the ANN thread.

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elevates (OP)
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March 16, 2023, 01:58:40 PM
 #4

What everyone would also like to know is that how you will verify a member worthy for a trade? You haven't mentioned it . Please do mention it and then post it on the ANN thread.

I have updated the T&C.
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July 15, 2023, 08:48:49 AM
 #5

BTC/INR trading is active on the Bisq exchange but the problem is that Bisq does not have any volume. I am creating this topic to help everyone who is a Full Member and above and have been active for the last six month with a minimum of 5 merits gained in the last 180 days to trade on a DEX that cannot be tracked.

Why you should trade on Bisq

The simple reason trading on Bisq does not need you to pass KYC is that it is a decentralized Bitcoin exchange. Another reason Bisq offers multiple Indian payment systems like UPI, IMPS, NEFT & more.

Links that you need to study before trading on Bisq



T&C to participate!

  • Only Members and above Rank are allowed
  • You need to be an active member for at least six months
  • You should have received a minimum of 5 merits in the last six months.
  • Post your requirement on this thread
  • I would personally review your trading requirement and then quote it as YES.
  • I still cannot guarantee a trade after my evaluation and quoting it.
  • Bisq uses escrow services so the amount won't get lost unless both parties authorize the trade.
  • If you have any dispute after the trade then it is your problem and not mine
  • You are not allowed to spam this thread otherwise you will receive negative trust from me and ultimately get banned.

Post your requirements below in BTC/INR trading pair and do send me a DM if you do not see any updated in 24 hours.

You don't own this dex then why your YES is needed to initiate the trade?
If it is dex, why is there a Escrow?
What are the possible disputes buyer and sellers could have?

I have traded on some dex and you don't need any third party escrow on them.
You list your coin for sale and When someone buys it, you and he instantly get funds transferred.

elevates (OP)
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July 16, 2023, 12:18:38 PM
 #6

BTC/INR trading is active on the Bisq exchange but the problem is that Bisq does not have any volume. I am creating this topic to help everyone who is a Full Member and above and have been active for the last six month with a minimum of 5 merits gained in the last 180 days to trade on a DEX that cannot be tracked.

Why you should trade on Bisq

The simple reason trading on Bisq does not need you to pass KYC is that it is a decentralized Bitcoin exchange. Another reason Bisq offers multiple Indian payment systems like UPI, IMPS, NEFT & more.

Links that you need to study before trading on Bisq



T&C to participate!

  • Only Members and above Rank are allowed
  • You need to be an active member for at least six months
  • You should have received a minimum of 5 merits in the last six months.
  • Post your requirement on this thread
  • I would personally review your trading requirement and then quote it as YES.
  • I still cannot guarantee a trade after my evaluation and quoting it.
  • Bisq uses escrow services so the amount won't get lost unless both parties authorize the trade.
  • If you have any dispute after the trade then it is your problem and not mine
  • You are not allowed to spam this thread otherwise you will receive negative trust from me and ultimately get banned.

Post your requirements below in BTC/INR trading pair and do send me a DM if you do not see any updated in 24 hours.

You don't own this dex then why your YES is needed to initiate the trade?
If it is dex, why is there a Escrow?
What are the possible disputes buyer and sellers could have?

I have traded on some dex and you don't need any third party escrow on them.
You list your coin for sale and When someone buys it, you and he instantly get funds transferred.

I guess you have never ever visited Bisq. On bisq you do not need to register yourself. Bisq allows P2P trade on its platform which is why it acts as an intermediatory and offers escrow service. Trading pairs are available only for Bitcoin, Monero, and local fiat currency. It uses TOR which means you can perform trade with anonymity. Since complete anonymity is possible on BTT and Bisq you need my Yes to initiate a request as I would do a few security checks before anyone completes a trading request. The only dispute that can arise is if the payment was not received by the buyers or seller. In this case Bisq would take the decision. On the forum I would be deciding the action if any such issues occur.   
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July 16, 2023, 07:58:50 PM
 #7

BTC/INR trading is active on the Bisq exchange but the problem is that Bisq does not have any volume. I am creating this topic to help everyone who is a Full Member and above and have been active for the last six month with a minimum of 5 merits gained in the last 180 days to trade on a DEX that cannot be tracked.

Why you should trade on Bisq

The simple reason trading on Bisq does not need you to pass KYC is that it is a decentralized Bitcoin exchange. Another reason Bisq offers multiple Indian payment systems like UPI, IMPS, NEFT & more.

Links that you need to study before trading on Bisq



T&C to participate!

  • Only Members and above Rank are allowed
  • You need to be an active member for at least six months
  • You should have received a minimum of 5 merits in the last six months.
  • Post your requirement on this thread
  • I would personally review your trading requirement and then quote it as YES.
  • I still cannot guarantee a trade after my evaluation and quoting it.
  • Bisq uses escrow services so the amount won't get lost unless both parties authorize the trade.
  • If you have any dispute after the trade then it is your problem and not mine
  • You are not allowed to spam this thread otherwise you will receive negative trust from me and ultimately get banned.

Post your requirements below in BTC/INR trading pair and do send me a DM if you do not see any updated in 24 hours.

You don't own this dex then why your YES is needed to initiate the trade?
If it is dex, why is there a Escrow?
What are the possible disputes buyer and sellers could have?

I have traded on some dex and you don't need any third party escrow on them.
You list your coin for sale and When someone buys it, you and he instantly get funds transferred.

I guess you have never ever visited Bisq. On bisq you do not need to register yourself. Bisq allows P2P trade on its platform which is why it acts as an intermediatory and offers escrow service. Trading pairs are available only for Bitcoin, Monero, and local fiat currency. It uses TOR which means you can perform trade with anonymity. Since complete anonymity is possible on BTT and Bisq you need my Yes to initiate a request as I would do a few security checks before anyone completes a trading request. The only dispute that can arise is if the payment was not received by the buyers or seller. In this case Bisq would take the decision. On the forum I would be deciding the action if any such issues occur.   

How  anonymity is maintained if I choose upi Or imps payment option?
Don't I have to give my information to seller for making payment?
I did visit the Bisq website but have not downloaded it as it is not available for Android mobile.
I would love to use it because I keep buying and selling crypto a lot.
If I get payment in inr, then it would be great but I want to remain completely anonymous.

elevates (OP)
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July 17, 2023, 12:05:49 PM
 #8

How  anonymity is maintained if I choose upi Or imps payment option?
Don't I have to give my information to seller for making payment?
I did visit the Bisq website but have not downloaded it as it is not available for Android mobile.
I would love to use it because I keep buying and selling crypto a lot.
If I get payment in inr, then it would be great but I want to remain completely anonymous.


As all transactions are encrypted using the TOR network complete privacy is maintained. Since you do not register on the platform anonymity is maintained. When you download the application it will ask you in the initial stage to set up the INR payment method. You can select UPI and provide your UPI address which is only shown to the buyers when a BTC/INR P2P trade is made and vice-versa. Since UPI only reveals the receiver name it is still better than IMPS payment. The only problem is that you won't find any liquidity for BTC/INR transactions. That is the reason I am promoting it on the forum.
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