new Bisq Easy launched (Android only)!

[bitmover]

I see people are discussing a lot of bisq 2 bisq easy connect etc, but the main software is still bisq.

As far as i know, Bisq 2 is designed for newbies, and it has very straight limits(trade limit of  $600).

With the launch of Bisq 2, we introduced Bisq Easy — a new protocol designed specifically for Bitcoin beginners.
....

The protocol includes a global trade limit of $600, with individual trade limits based on seller reputation. Buyers do not need any reputation.

https://bisq.network/blog/trade-protocols/

Probably everyone who uses this forum is already an advanced user and should be using bisq.

[takuma sato]

I see people are discussing a lot of bisq 2 bisq easy connect etc, but the main software is still bisq.

As far as i know, Bisq 2 is designed for newbies, and it has very straight limits(trade limit of  $600).

With the launch of Bisq 2, we introduced Bisq Easy — a new protocol designed specifically for Bitcoin beginners.
....

The protocol includes a global trade limit of $600, with individual trade limits based on seller reputation. Buyers do not need any reputation.

https://bisq.network/blog/trade-protocols/

Probably everyone who uses this forum is already an advanced user and should be using bisq.

I've never used Bisq but I've heard it since years ago. Apparently it's great, but im not familiar with the differences from other DEX p2p alternatives like hodlhodl. What would you recommend?

Also, what's the AML/KYC like on these services? I was curious to try some transactions, but I don't feel like doing a lot of paperwork. How much can you realistically buy/sell monthly?

[bitmover]

I've never used Bisq but I've heard it since years ago. Apparently it's great, but im not familiar with the differences from other DEX p2p alternatives like hodlhodl. What would you recommend?

Also, what's the AML/KYC like on these services? I was curious to try some transactions, but I don't feel like doing a lot of paperwork. How much can you realistically buy/sell monthly?

Zero paper work.

you can trade tens of thousands of dollars with some patience. THere is enough liquidity to close 2k-5k order within a few hours without any kyc

[takuma sato]

I've never used Bisq but I've heard it since years ago. Apparently it's great, but im not familiar with the differences from other DEX p2p alternatives like hodlhodl. What would you recommend?

Also, what's the AML/KYC like on these services? I was curious to try some transactions, but I don't feel like doing a lot of paperwork. How much can you realistically buy/sell monthly?

Zero paper work.

you can trade tens of thousands of dollars with some patience. THere is enough liquidity to close 2k-5k order within a few hours without any kyc

So im assuming there is no annoying Chainalysis or similar that freezes your coins because apparently a mixer was used 27 years ago and now you are targeted as a bad guy. That is great, however I doubt zero paper work applies on all jurisdictions. The bank and taxman may ask where the money is coming from so you will need said paper work. And then who knows if they accept it as valid or not. This is the problem with Bitcoin, unless you bought them in a CEX, it becomes a risk using them, and you send the problem onto the next person. And since there is no real way to know if your coins are or not going to get frozen, it's all a gamble. If anyone has any experience in this context share it went. Im also assuming it depends the amounts you are selling, and also some banks and exchanges may apply different filters.

[satscraper]

So im assuming there is no annoying Chainalysis

Judging by the discussion here, Bisq itself doesn’t have an AML checker in its arsenal.

However, I have little doubt that some agencies whose business is based on so called chainalysis have databases containing addresses associated with transactions coming from Bisq. They are putting a lot of effort into collecting such addresses, as they are directly instructed to classify them as risky ones.

I can refer to FATF guidelines which  identify as “used to launder money” users who regularly conduct high-value transactions on P2P crypto exchanges, especially unlicensed ones.

So be careful, and follow Bisq’s rules, i.e. don’t mention crypto or Bisq platform as the reason for your payments.