⭐ Merited by DireWolfM14 (1)
I played around with Bisq some years ago, but never really used the service in earnest until around 8 or 9 months ago. Since then it's been my favorite ('hehem, to borrow n0nce's term) on/off-ramp. But it's also my favorite way to exchange BTC/XMR.
Atomic swaps would be best for this purpose, but I don't know what happened with project that offered easy BTC/XMR atomic swaps.However, they started to work on a dedicated (as in 'not just using existing technology such as a scripting language') atomic swap 'feature' a few years ago and apparently it's live since August 2021.
https://www.getmonero.org/2021/08/20/atomic-swaps.html
Here's the paper that explains how they managed to accomplish it using so-called 'adaptor signatures'.
https://arxiv.org/pdf/2101.12332.pdf
https://arxiv.org/abs/2101.12332
I don't know how it would be supposed to work with Bisq's current architecture, though. It requires at least the trade offer 'maker' to be online at all times, which is going to be hard on a mobile phone.
They would have to change a lot of things for sure, but some lightweight version could be created, at least for atomic swaps.Misq is Bisq next-generation trading protocol, so I am expecting some nice surprises with new release.
There is one video about that release on their youtube channel with more information:
https://www.youtube.com/watch?v=UOarJpbg4EY
