Software Alternatives, Accelerators & Startups

Swan Bitcoin VS Bisq

Compare Swan Bitcoin VS Bisq and see what are their differences

Swan Bitcoin logo Swan Bitcoin

Bitcoin investing made easy.

Bisq logo Bisq

Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative cryptocurrencies.
  • Swan Bitcoin Landing page
    Landing page //
    2023-10-02
  • Bisq Landing page
    Landing page //
    2021-12-23

Swan Bitcoin features and specs

  • Automatic Savings Plan
    Swan Bitcoin allows users to set up automatic recurring Bitcoin purchases, making it easy to dollar-cost average into Bitcoin over time without the need for active management.
  • Low Fees
    The platform offers competitive fees compared to other Bitcoin purchasing services, which can help users maximize their investments over time.
  • Educational Resources
    Swan Bitcoin provides a wealth of educational content about Bitcoin, including articles, podcasts, and webinars, which can help users better understand Bitcoin and the broader crypto market.
  • User-friendly Interface
    The platform offers a simple, intuitive user interface that makes it easy for beginners to set up and manage their Bitcoin savings plan.
  • Focus on Bitcoin
    Swan Bitcoin focuses exclusively on Bitcoin, which can be a plus for users who believe in Bitcoin's long-term potential and want a streamlined platform dedicated to it.

Possible disadvantages of Swan Bitcoin

  • Limited to Bitcoin Only
    Swan Bitcoin exclusively supports Bitcoin, which may be a limitation for users interested in diversifying their cryptocurrency investments beyond Bitcoin.
  • Lack of Instant Purchases
    The platform does not support instant Bitcoin purchases, which could be a drawback for users looking to buy Bitcoin quickly in response to market conditions.
  • Geographic Restrictions
    Swan Bitcoin is primarily available to users in the United States, limiting access for potential international customers.
  • Withdrawal Fees
    Users may incur fees when withdrawing Bitcoin to an external wallet, which can impact the effectiveness of smaller investments.
  • No Advanced Trading Features
    The platform does not offer advanced trading features or options that experienced investors may look for to execute complex investment strategies.

Bisq features and specs

  • Decentralization
    Bisq operates on a peer-to-peer network, ensuring that there's no central authority controlling the transactions, which enhances security and privacy.
  • Privacy
    Users do not need to provide personal information beyond what is necessary for the transaction, protecting user identities.
  • Security
    Bisq employs advanced security features such as multi-signature wallets and escrow services to protect both buyers and sellers during transactions.
  • Open Source
    The Bisq software is open source, allowing for community contributions and transparency in the development process.
  • Global Access
    Bisq allows for global trading of cryptocurrencies, enabling users from different countries to participate in the market.
  • Fiat-to-Crypto
    Bisq allows users to trade fiat currencies for cryptocurrencies, offering a bridge for those looking to enter the crypto market.

Possible disadvantages of Bisq

  • Lower Liquidity
    Bisq generally has lower trading volumes compared to centralized exchanges, which might lead to less favorable rates and longer times to fulfill orders.
  • User Experience
    The interface and user experience on Bisq can be more complex compared to centralized exchanges, making it potentially less accessible for beginners.
  • Trade Speed
    Transactions on Bisq can be slower due to the decentralized nature and the need for multiple confirmations, which can be less convenient for users used to instant trades.
  • Limited Payment Options
    While Bisq offers several payment methods, the range is more limited compared to some centralized exchanges, potentially reducing flexibility.
  • Higher Fees
    Trading fees on Bisq can be higher due to network fees and the lack of economies of scale that centralized exchanges benefit from.

Analysis of Bisq

Overall verdict

  • Overall, Bisq is considered a good option for those who value decentralization, privacy, and security in cryptocurrency trading. However, it may not be suitable for everyone, particularly those who prefer more user-friendly platforms or seek higher trading volumes, faster transactions, and lower fees associated with centralized exchanges.

Why this product is good

  • Bisq is a decentralized peer-to-peer cryptocurrency exchange that enables users to trade Bitcoin and other cryptocurrencies in a private and secure manner without relying on a central authority. It is beneficial for users who prioritize privacy and control over their trading process, as it operates without collecting personal information or requiring account registration. Additionally, the open-source nature of Bisq allows for community development and auditing, which can enhance security and trust.

Recommended for

  • Privacy-conscious traders
  • Individuals interested in decentralized exchanges
  • Users who prefer open-source platforms
  • Traders seeking control over their own funds

Swan Bitcoin videos

Swan Bitcoin - The BEST Way to Dollar Cost Average Bitcoin! (USA residents only)

More videos:

  • Review - Michael Saylor and Swan Bitcoin
  • Tutorial - How to buy Bitcoin with Swan Bitcoin

Bisq videos

BISQ - Buy + Sell Bitcoin NO KYC, NO ID!

More videos:

  • Demo - Live demo: How to buy BTC for USD using Bisq and Cash App

Category Popularity

0-100% (relative to Swan Bitcoin and Bisq)
Cryptocurrencies
8 8%
92% 92
Crypto
12 12%
88% 88
Cryptocurrency Exchange
0 0%
100% 100
Fintech
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Swan Bitcoin and Bisq

Swan Bitcoin Reviews

We have no reviews of Swan Bitcoin yet.
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Bisq Reviews

Best Places to Buy Bitcoin
For those drawn to the anonymity provided by bitcoin, Bisq may offer what you’re looking for. Bisq is a decentralized exchange that doesn’t require any signup or account. That means you can use Bisq to buy and sell with nearly complete privacy. The required Bisq desktop app is open source and free to use.

Social recommendations and mentions

Based on our record, Bisq seems to be a lot more popular than Swan Bitcoin. While we know about 370 links to Bisq, we've tracked only 18 mentions of Swan Bitcoin. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Swan Bitcoin mentions (18)

  • What can i exactly see in the Blockchain? (public key, public adress, …)
    Some places (https://swanbitcoin.com for example) allow you to submit an XPUB and use that to automatically generate a new address for each withdrawal. If your platform doesn't allow this, and you want the privacy, you can approximate it manually by just changing the withdrawal address each time. If you don't want the government to know your totals, it's important that you use a platform without KYC. Even if you... Source: about 2 years ago
  • 1st time buying bitcoin (on Robinhood), where do you recommend to transfer it? (Online wallet? Lodger wallet?) is one safer than the other?
    Also given OP is well into the >1BTC club, Swan would be a decent option for them too. Source: over 2 years ago
  • Serious Question about Bitcoin
    But, it sounds like you're looking more for ways to onboard into BTC.... well, there are many exchanges etc but in my opinion Swan Bitcoin is the simplest and most straightforward. You can use my membership link here https://swanbitcoin.com/wsdmrtst or if you don't trust my link just go to swanbitcoin.com. My link is just for me to get a little credit for referring people (it takes you to the same site), but... Source: over 2 years ago
  • I would like to own my piece of the Bitcoin pie, and would like to start to incrementally acquire it. However, I’m curious as to which is the best method to buy. Is Coinbase a good place to start buying and holding, or should I find another option?
    If you're in the US use https://swanbitcoin.com, set up your savings plan (DCA) with them and withdraw for free to your own custody any time. Source: over 2 years ago
  • How do you guys predict the market?
    Https://swanbitcoin.com is beeing build by bitcoiners for bitcoiners to do that. Source: over 2 years ago
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Bisq mentions (370)

  • Is offline-first not enough? Do we need "serverfree"?
    So is this basiclly a fully peer-to-peer application, like bittorrent clients? Or something like bisq (https://bisq.network) when the program runs locally peer to peer and hosts all user data locally, but still pings oracle servers for outside market price data? - Source: Hacker News / over 1 year ago
  • Anyone else just f*cking angry after studying bitcoin for a while?
    Https://bisq.network/ doesn't required ID verification and the fiat payment goes directly to the seller instead of the exchange, so it's less likely to get blocked by banks. Source: over 1 year ago
  • Selling btc without kyc
    Bisq (https://bisq.network/) and Robosats (robosats.com) are non-kyc exchanges that have various forms of payments available. Source: over 1 year ago
  • Can someone sell me bitcoin?
    Https://learn.robosats.com/ or https://bisq.network/ Are both popular If using a DEX like bisq you will need to have a small amount of btc to get started though Https://bisq.wiki/Getting_your_first_BTC. Source: almost 2 years ago
  • Why are you not using Bisq?
    For those of you unaware of Bisq, it's a decentralized exchange that allows exchanging Bitcoin and Fiat peer2peer. Source: almost 2 years ago
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What are some alternatives?

When comparing Swan Bitcoin and Bisq, you can also consider the following products

Coinbase - Bitcoin, safe and easy.

Binance - Cryptocurrencies exchange platform

Lawnmower - Convert your spare change into Bitcoin

AgoraDesk - P2P OTC exchange for trading Bitcoin, Monero and their options. No KYC/AML. Made by the LocalMonero team.

Pocket Bitcoin - Buy bitcoin directly into self-custody

SideShift AI - SideShift AI is an AUTOMATED COIN SWAP that allows USERS to swap between 20+ cryptocurrencies.