Software Alternatives, Accelerators & Startups

The Bitcoin Design Guide VS Bisq

Compare The Bitcoin Design Guide VS Bisq and see what are their differences

The Bitcoin Design Guide logo The Bitcoin Design Guide

Open source handbook of bitcoin product best practices

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.
  • The Bitcoin Design Guide Landing page
    Landing page //
    2023-03-03
  • Bisq Landing page
    Landing page //
    2021-12-23

The Bitcoin Design Guide features and specs

No features have been listed yet.

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

The Bitcoin Design Guide videos

No The Bitcoin Design Guide videos yet. You could help us improve this page by suggesting one.

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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 The Bitcoin Design Guide and Bisq)
Design Tools
100 100%
0% 0
Cryptocurrencies
2 2%
98% 98
Crypto
3 3%
97% 97
Cryptocurrency Exchange
0 0%
100% 100

User comments

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Reviews

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

The Bitcoin Design Guide Reviews

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Bisq Reviews

Best Places to Buy Bitcoin
For those drawn to the anonymity provided by bitcoin, Bisq may offer what youโ€™re looking for. Bisq is a decentralized exchange that doesnโ€™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.๏ปฟ

Social recommendations and mentions

Based on our record, Bisq seems to be a lot more popular than The Bitcoin Design Guide. While we know about 370 links to Bisq, we've tracked only 3 mentions of The Bitcoin Design Guide. 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.

The Bitcoin Design Guide mentions (3)

  • Ethereum Design Community
    I'm curious to know if there's an Ethereum Design Community / Guide. Something similar to https://bitcoin.design/guide/. Source: over 2 years ago
  • Bisq contributor AMA
    Designs on Bisq 2 are designed in keeping with the Bitcoin Design Guide. Source: almost 3 years ago
  • How accessible are bitcoin applications?
    I am looking to learn what the current state of accessibility in bitcoin is, the biggest pain points, and how people overcome them (in the context of open-source and self-custody). Goal is to identify some best practices and make them available via the Bitcoin Design Guide. Source: over 3 years ago

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: almost 2 years 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: almost 2 years 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: about 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: about 2 years ago
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What are some alternatives?

When comparing The Bitcoin Design Guide and Bisq, you can also consider the following products

prooV.io - Run PoCs with global enterprises, quickly and easily

Binance - Cryptocurrencies exchange platform

Ditto - Easy to use interface; Search and paste previous copy entries; Keep multiple computer's clipboards in sync; Data is encrypted when sent over the network; Accessed from tray icon or global hot key; Select entry by double click, enter key or drag dropโ€ฆ

Coinbase - Bitcoin, safe and easy.

Chainstarters - Chainstarters is a powerful, rapid, web3-enabled platform for software developers.

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