pull down to refresh

0 sats \ 1 reply \ @Coinosphere 18 Mar \ parent \ on: Bisq 2 has just been released. I am a Bisq contributor AMA about Bisq or Bisq 2 AMA
So like localbitcoins then. Is there any recourse for if & when they get scammed anyway? Any kind of arbitration at least?
write
preview
this territory is moderated
0 sats \ 0 replies \ @solomon1923 OP 18 Mar
Bisq 2 has both moderators and mediators. If a user is scammed then the seller's profile would be banned from Bisq and the associated reputation they built would be lost. As there is a cost to develop a reputation for sellers it is in their interest to act honestly during the trade process.
Bisq 1 has arbitration because the funds are deposits into the multi-sig by the buyer and seller prior to the trade taking place. This is not the case in Bisq Easy.
reply