I tried the Bisq decentralized exchange

Please share this article:

I exchanged some Bitcoin back and forth on Bisq to learn if it's anywhere close to practical already.

I am mesmerized by the attention to details, usability and stability of the software.

Bisq is a desktop application you are supposed to run (potentially) 24/7 to trade Bitcoin in a p2p manner.

There is no registration and no central server to connect to. Your order is active only when you run the software.

With Bisq you can exchange BTC to a few most popular national currencies (USD, EUR) or altcoins w/o intermediaries.

There is a built-in arbitration process if 2nd party won't behave. Selected arbitrator holds 1 of 3 keys in a 2/3 multisig scheme. The scheme includes security deposits to incentivize following the deal.

You can put your orders in relation to the market exchange rate (say +1%).

There are not so many offers and it may take a few days to get a deal. Or you can select one of the existing offers to get the deal outright.

My trades went through smoothly.

I highly recommend to give it a try if you value privacy and you are not in a hurry (and you shouldn't be with crypto trading): https://bisq.network/

submitted by /u/qertoip
[link] [comments]
Source: I tried the Bisq decentralized exchange

Please share this article:

The XX Habanos Festival Comes to a Closure With a Gala Evening Dedicated to Partagás

Please share this article:

https://mma.prnewswire.com/media/649436/HABANOS_Orishas.jpg?p=captionHAVANA, March 3, 2018 /PRNewswire/ —

During the evening the new Línea Maduro of Partagás was presented 

1,485,000 euros were raised in the traditional Humidors Auction  

Orishas provided the music to an evening that gave the final touch to t…

Source: The XX Habanos Festival Comes to a Closure With a Gala Evening Dedicated to Partagás

Please share this article:

Japan: Registered Crypto Exchanges Join Forces To Self-Regulate Local Market

Please share this article:

Two trade groups representing Japan’s 16 registered crypto exchanges will form a self-regulatory body for the country’s crypto sphere starting in April.

Two trade groups in Japan’s cryptocurrency industry have agreed to form an as-of-yet unnamed organization next month that will self regulate the local crypto market in conjunction with Japan’s Financial Services Agency (FSA), local news outlet Nikkei Asian Review reports Saturday, March 3.

This cooperation in the Japanese crypto sphere comes after January’s hack of the Japanese-based crypto exchange Coincheck, with losses totalling more than $534 mln in NEM, the largest hack in the crypto world since Mt. Gox. The hack, which was caused by a breach of a low security hot wallet storing NEM, prompted the FSA to conduct security measure inspections on 15 unregistered crypto exchanges, including Coincheck.

The trade groups looking to self-regulate, one of which is the Japan Cryptocurrency Business Association (JCBA),  represent 16 registered crypto market operators. The market operators  will reportedly work together to produce industry-wide investor safety standards, including the creation of guidelines for Initial Coin Offerings (ICO). The Nikkei Asian review writes that the group will be able to require compliance of its members, similar to the powers held by the Japan Securities Dealers Association.

Taizen Okuyama, president of foreign exchange trading platform Money Partners Group, as well as chair of the JCBA, will serve as chairman of the new organization. Okuyama told the Nikkei Asian Review that the aim of this new organization is to “bring the entire cryptocurrency sector to bear on self-regulation.”

Yuzo Kano, the CEO of Tokyo-based exchange bitFlyer and head of the Japan Blockchain Association (JBA), will serve as vice chairman.

If the new group is approved as an independent regulatory body by the government, the organization will be able to prohibit certain virtual currencies from being used by registered crypto operators in the country if, for example, the coins are suspected of being used in money laundering, the Nikkei Asian Review reports. While waiting for FSA approval, the new regulatory body will be provisionally open to registered operators and exchanges.

In mid-February, seven large cryptocurrencies companies joined together to create CryptoUK, the first trade organization that will self-regulate the crypto market within the United Kingdom.

Source: Japan: Registered Crypto Exchanges Join Forces To Self-Regulate Local Market

Please share this article:

Asia-Pacific Newswire