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FallingKnife

Bisq.Network DEX adds Unobtanium to its Distributed Trustless Exchange

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(Bisq is formerly known as BitSquare. This post has been updated)

 

Bisq.Network has added UNO to their decentralized trustless exchange!

 

 

If you have never used Bisq (and I had not until yesterday) you will find its not like any other exchange you've encountered.

 

Bisq requires you download a java app to connect to their network of traders. 

 

 

gyZKHDE.png

 

 

 

Once you work through the small learning curve, it's pretty easy to use. It just takes a little getting used to. 

 

Trades occur slower than on an exchange, not nearly as fast as a centralized exchange.

 

 

 

Here's a screen shot of setting up a UNO trade.

 

 

HTMzH8P.png

 

 

 

Lets say you want to sell UNO on Bisq.network

 

 

Before you can create a trade, you have to send Bitcoin to your Bisq wallet address.

 

There is a deposit (in this case .01 btc) to guarantee the trade and prevent spam, but it is refunded after the transaction completes.

 

 

 

HTMzH8P.png

 

 

 

If you would like to try buying or selling Uno, I have some trades posted on Bisq... 

 

This is my Portfolio page

 

 

CDFgrL2.png

 

 

 

Like I said, this is a different kind of exchange, a different paradigm for thinking about how trades can be accomplished without requiring trust. 

 

 

I'm glad UNO has this new arrow in it's quiver of tools. If Cryptsy/MintPal/MtGox and high profile exchange hacks have you concerned, or if you would just like to learn something different, go download the Bisq app and give it a try.  

 

 

Edited by FallingKnife
Bisq is formerly known as BitSquare. This post has been updated

Unobtanium - the rare, fair cryptocurrency. Long term hodl. 250k Uno max. Low inflation. In it's 3rd year. This is a coin you want to hold. http://unobtanium.uno
Bitmessage me: BM-NBr8A6WCzJteqKvPH8VU1rc1dBUdmx5L

Reliable Altcoin Node Service offered at cost: Ask me about UNO;s Node Project and how your altcoin can benefit.

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