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Bisq for Monero: private trades work but expect higher spreads

I use Bisq for P2P Monero when privacy is my priority — it works and preserves anonymity better than most centralized venues. The protocol is decentralized, noncustodial, and avoids KYC, which suits XMR holders.

Be prepared for tradeoffs: lower liquidity, wider spreads, slower settlement, and manual offer selection. Security is strong (multisig, hashed time‑locked contracts, arbitrator system), but user mistakes and scammy payment methods are the main risks.

I usually test with a small trade first, choose reputable counterparties and common payment rails, and accept higher fees/slippage for privacy. If you need large volume or fast execution, consider reputable exchanges or OTC instead.

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Analysis

Bisq offers strong privacy and noncustodial trades for XMR through multisig and an arbitrator system, making it suitable for privacy-conscious users; however liquidity and price efficiency are weaker ...

Recommendation

I recommend using Bisq for small-to-medium XMR trades if privacy matters—start small, pick experienced counterparties and common payment methods, and be ready for higher spreads; use other venues or O...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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