Thread by @BowTiedIguana

If your bank blocks payments from crypto exchanges, you may want to consider @bisq_network

Bisq is a peer-to-peer exchange that allows you to buy and sell crypto without having to go through a centralized entity like a bank.

Learn more 👇

Peer to peer means that your transactions occur directly between you and the person you're trading with.

This reduces the risk of your bank blocking your transactions, as it doesn't know they're crypto related.

Bisq offers a secure and decentralized platform to trade Bitcoin for a wide range of fiat currencies: USD, EUR, CAD, GBP, AUD, and JPY.

You can choose between wire transfers and Zelle for USD, SEPA payments and Revlout for EUR, etc.

Once you have selected your currency and payment method, you can find a counterparty to trade with. You can either accept an existing offer or place your own offer that can be matched by another trader.

When using Bisq, you don't have to provide personal information, so it's a great option for privacy-conscious users. Additionally, the platform uses multi-signature technology to ensure the security of your funds.

To use Bisq, you'll need to download the software to your computer, and it's available on Windows, MacOS, and Linux. Once you've set up your account, you can start trading! You can place an order to buy or sell BTC, and the platform will match you with a suitable trader.

When you make a trade, Bisq acts as an escrow service, holding the funds from both parties until the trade is completed. This provides additional security to both parties and reduces the risk of fraud.

If you're looking for a solution to bank blocks on crypto exchanges, give Bisq a try! It's a simple, yet powerful platform that offers many benefits to traders and users alike. #Bisq #CryptoExchange #PeerToPeerTrading

If you enjoyed this thread, check out the DeFi Team's top tips for using Bisq on Substack
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