I was checking out the Bisq app and wondering how much the commission would be for buying or selling there. Then I went to Bisq.wiki and read this.
Trade fees
There are no trade fees for buyers or sellers for trading on Bisq Easy.
How is it possible that they don't charge commissions?How is it possible that they don't charge commissions?
What is their incentive for maintaining this P2P trading platform?What is their incentive for maintaining this P2P trading platform?
I would like to hear the opinions of more experienced stakers.
@runningbitcoin @siggy47 @DarthCoin
Thank you. 🤠🤝
There are always fees. For what I know the user chose the % of premium or discount offered
It's wiki literally stated that there is no fees for using Bisq Easy. And no, premium ≠ fee, those small differences dont go to the maintainer.
(Replying to 2 people at once)
@flat24 Bisq 1 (the original) is still there and it charges fees to the user (as for now, those fees are probably still enough for the maintainer)
Also Bisq Easy is the first protocol of Bisq 2. Another one in the making rn is Bisq Musig it's supposed to be an upgrade over the original one
It makes sense to assume that when Bisq Musig comes out it will charge fees (hopefully smaller than Bisq 1) to it's user. CMIIW
Thank you very much for your reply