Bitsquare –

Bitsquare –

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Bitsquare is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto currencies.


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  1. Bitsquare therefore offers a new bitcoins exchange experience, hitherto largely led by the central exchange offices such as Bitstamp, Coinbase … and, as with all, it has some advantages and some drawbacks. Among the first, it is worth noting that users do not have to identify themselves, something that is common in other exchanges, as well as that users are in possession of their bitcoins at all times.

  2. Hi .. I recommend this!
    In order to use this new exchange, those interested will first have to download and install the software on their computer. Once the application is opened, Bitsquare users connect through a peer-to-peer (p2p) network and, from that moment, all orders book operations will be available to all nodes, sorted by price or form of payment. If the user sees an offer he likes, he can accept it. If the user does not find an offer that meets their needs, they can create a new offer that will automatically be visible to all nodes in the network. While the user is online or connected to the network, your offer will be visible to the entire network, and the moment you disconnect the application, the offer will disappear from the order book.

  3. The best solution to exchange money without any third party exchanges. Well coded

  4. I was excited to learn of Bitsquare, an open-source, peer-to-peer (P2P) application that allows anyone to buy and sell bitcoin in exchange to national (fiat) currencies or alternative cryptocurrencies.

    Bitsquare is unique in that it is fully decentralized and censorship resistant employing protection mechanisms such as:

    • escrow transactions employing 2-of-3 multi-signature addresses
    • security deposits to incentivize following the trade protocol
    • a decentralized arbitration system to help resolve disputes

    Bitsquare protects individual privacy by using a custom P2P network over Tor, in which every user is a participating node. Bitsquare is a cross-platform application that runs on Linux, OS X, and Windows operating systems that provides an easy-to-use, intuitive user interface

  5. Summary of Bitsquare benefits:

    • It’s free.
    • It’s secure.
    • It’s open source.
    • You don’t have to sign-up.
    • You don’t have to reveal your identity.
    • Your identity is protected on the network through Tor hidden services.
    • There is no transaction trail for anyone (including the IRS) to follow.
    • Trading fees are low.
    • You always maintain complete control of your funds.
    • It provides a fully distributed arbitration system for dispute resolution.

  6. Anyone who values Bitcoin remaining a permission-less form of value transfer should support the concept of peer-to-peer bitcoin exchanges

  7. how you explain:
    1. decentralization and server (central???) in tor hidden service?
    2. how you will take fees: “Trading fees go to arbitrators and the DAO” if code is open source and everyone can recompile it without fees?

    or its just client open source and server side is closed source and centralized?

    • Hi… Alberto..

      Answer 1: There is no server. A Tor hidden service is running inside the application.

      Answer 2: Trading fees are very low so there is nearly no incentive to scam here. Beside that there is a verification if the trade fee is paid by the other peer in the trade process. Rule violations would lead to a failed trade

  8. Excellent broker very happy with the service, execution, speed and cost

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