The markups appear ridiculous and I see no level in utilizing this platform. I like the concept however the sellers on there are asking ridiculous markups in comparison with different locations. Why is there such an enormous distinction between what they ask on bisq and different extra established locations like localbitcoin and paxful?
I needed to see if I might purchase a bit litecoin (promote btc) and there have been solely three affords and the markup the ltc sellers have been asking have been between 30-50%!!! So any btc bought you’ll lose that in returned litecoin.
That appears insane to me when these are the form of hikes you’ll count on solely with essentially the most dangerous reversible trades for issues like paypal or bank card on ‘regular’ markets like localbitcoin and paxful and so on.
I took a take a look at different funds strategies as nicely like financial institution switch which is often low mark ups on above talked about websites but, once more, on bisq big whacking markups of 30%+. Similar deal for no matter trades I checked out except trades are for big quantity above $1k.
Appears no level utilizing this platform in any respect. Cannot perceive who would wish to pay these charges when all over the place else is a lot cheaper?
EDIT: See here