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0 pointsJoeAltmaier5y ago0 comments

As long as you're willing to transact $19000, right? Else who holds the coin in escrow? Or am I misunderstanding something.

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alwillis5y ago

Or am I misunderstanding something. Yes.

From the Bisq FAQ: Security deposits are set to be a percentage of the trade amount—actual percent varies by BTC price volatility, but minimum is 0.006 BTC—but the percent can be adjusted by the offer maker to be as low as 15% or as high as 50%.

0.006 of a Bitcoin is $117.366

JoeAltmaierOP5y ago

So, with an exchange? Not peer to peer?

alwillis5y ago

So, with an exchange? Not peer to peer?

Both Bisq and Hodl Hodl are peer-to-peer. You set your own price to sell at, for example. I don't know about Hodl Hodl but Bisq runs over Tor to protect user's privacy.

pmiller25y ago

I believe you can transact in amounts as low as 1 satoshi, or 1e-8 BTC, which would imply a minimum transaction amount of $0.19, assuming a value of $19k per BTC.

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alwillis5y ago

Or am I misunderstanding something. Yes.

0.006 of a Bitcoin is $117.366

JoeAltmaierOP5y ago

So, with an exchange? Not peer to peer?

alwillis5y ago

So, with an exchange? Not peer to peer?

Both Bisq and Hodl Hodl are peer-to-peer. You set your own price to sell at, for example. I don't know about Hodl Hodl but Bisq runs over Tor to protect user's privacy.

pmiller25y ago

I believe you can transact in amounts as low as 1 satoshi, or 1e-8 BTC, which would imply a minimum transaction amount of $0.19, assuming a value of $19k per BTC.

j / k navigate · click thread line to collapse