Why so few users on BISQ?

I am using BISQ since 2020. Usually for random rather small BTC buys. I think it's really easy to use and in the spirit of Bitcoin. NON-KYC and peer to peer. I am always having a bad feeling trading on those big trading platforms, where I know that everything I do there is tracked and recorded. And who knows how many actors have access to that. For sure many governments. But what always throws me off with BISQ is the small number users. For example I just logged in and there were 61 (!) sellers. I mean that's nothing. With the grows of Bitcoin and how long BISQ is around I would expect it to be many 100th to 1000th of users by now. I asked before if BISQ is a dying thing. But it seems to keep going on. But the amount of users is still surprisingly low after all those years. Why is that? submitted by /u/gwodus [link] [comments]

May 6, 2025 - 11:17
 0

I am using BISQ since 2020. Usually for random rather small BTC buys. I think it's really easy to use and in the spirit of Bitcoin. NON-KYC and peer to peer.

I am always having a bad feeling trading on those big trading platforms, where I know that everything I do there is tracked and recorded. And who knows how many actors have access to that. For sure many governments.

But what always throws me off with BISQ is the small number users. For example I just logged in and there were 61 (!) sellers. I mean that's nothing. With the grows of Bitcoin and how long BISQ is around I would expect it to be many 100th to 1000th of users by now.

I asked before if BISQ is a dying thing. But it seems to keep going on. But the amount of users is still surprisingly low after all those years. Why is that?

submitted by /u/gwodus
[link] [comments]