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2024-09-17 09:32:03

flix on Nostr: What would the ideal Bitcoin exchange be like? 1. Fast 2. Liquid 3. Decentralised 4. ...

What would the ideal Bitcoin exchange be like?

1. Fast
2. Liquid
3. Decentralised
4. Atomic tx
5. Private
6. Self-custody
7. Simple UX
8. Secure
9. Cheap

Bisq does an excellent job at being private, decentralised, self-custody and secure. It's cheap when mempool is clear.

It has atomic tx, but only for BSQ. It's very hard to do atomic for fiat payment methods...

It fails, for now, at being fast and have a simple UX. It is liquid enough for 0.01-0.1 BTC, but for large amounts it needs to improve.
Author Public Key
npub1vxz5ja46rffch8076xcalx6zu4mqy7gwjd2vtxy3heanwy7mvd7qqq78px