Review on Bisq by Victor Nnamah
Bisq is very easy to use.
Bisq is an exchange I rate as a very easy to use platform. It is an open source and innovative cryptocurrency exchange that anyone can easily and freely use, that doesn't mean that it doesn't charge for trading fees, I only meant that Bisq is a very simple Exchange. As a decentralized exchange, traders can be assured that their assets are safe as only you have an access to your funds.
On this exchange, I was able to signup for an account without providing any KYC because it does not require any identification requirement. It has a good user interface and very accessible and also available as a mobile app for Android and iOS devices, also it has a good community interaction on YouTube, Keybase, Twitter, Reddit, telegram and GitHub.
Although Bisq is a safe Exchange to use but the only problem I must say that could be encountered by users is that of identification. By allowing this illegal trade could be done as unidentified users trade on it. Lastly, I recommend it for all traders.
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Pros
- It has a good number of cryptocurrencies available for trade.
- It enables peer-to-peer trade.
- It is very easy to use.
- It is fast on operation.
- It has a good user interface.
Cons
- It doesn't require KYC information.
