Did you try Bitsquare? If not, why?

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Complaints about centralized exchanges seem to be on the rise.

An alternative, that is easy to set up, is already there - Bitsquare. No KYC/AML info needed. Perssonal information is stored encrypted, locally and is only shared between two trading parties.

More than 500 successful trades have already happened. No money was lost, no fraud attempts have happened. If you set up an OkPay account, trades can be finalized within minutes. Within the SEPA zone bank transfers seem to work quite well.

Yet, orderbooks at Bitsquare are still very thin:

http://imgur.com/gallery/QZHfi

One experience I made is, when I set up reasonable orders (about 1% from market price), orders are taken quickly.

Another random experience I made (I prefer SEPA) is that I made trades with people from many countries already: Spain, Austria, Sweden, Belgium, Netherlands, France... People I have no relation with, but I don't hesitate to send money there, because I know if I follow the protocol, I will receive my bitcoins.

What is your experience?

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heavyuser1337

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Posted: 8 years ago
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