Review on Bisq by Pedro O. Alvino M.
Decentralized exchange of cryptocurrencies and Fiat currency without verification
Decentralized exchange in which it offers users the facility to exchange currency without the need to register or send funds to the platform so that it is also distinguished by admitting several Fiat currencies by which it can be exchanged for bitcoin or other cryptocurrencies supported in the platform. exchange without having to go through an identity verification.
The exchange with an open source system also adds a decentralized governance that allows decision-making and development of the exchange, in addition to security, the operator's data is never relieved or in the history of transactions in the exchange.
The services that it adds are only based on the trade of Fiat currencies and cryptocurrencies in which it also has an application for both computers and mobile devices, and the operation in both is extremely simple, since the platform also has tutorial videos on how to exchange , create accounts, etc.
Many decentralized exchanges have various functions that allow the user to be in control of their assets, but very few add the option of being able to trade with Fiat currency without a documentation approval, something that stands out from Bisq.
Pros
- Allows the trading of cryptocurrencies and Fiat without the need to register.
- It has a volume chart and detailed transaction histories of the exchange pairs in real time.
- It has help tutorials on the operation of the exchange.
- It has its own decentralized governance.
- You have several languages in the exchange.
- Add a set of download applications from the exchange, both mobile and computer.
Cons
- It does not have a well-distributed liquidity.
- It has several competitors in the market.
