Post
Topic
Board Service Discussion
Merits 4 from 2 users
Re: What after localbitcoins.com shutting down
by
o_e_l_e_o
on 12/02/2023, 08:51:26 UTC
⭐ Merited by Findingnemo (2) ,BenCodie (2)
Bisq is completely decentralized p2p but I never saw any trade was created there for my fiat currency.
What is your local currency, if you don't mind me asking? Is it supported and there is just no volume, or is it not supported at all? If it's a lack of volume, then you should feel free to create your own offers! Every market starts somewhere, and you might be able to earn yourself a couple of percentage points over the market rate since you are the only maker.

If it's not supported then you could open an issue on their GitHub (if there isn't one already) about getting it listed. Alternatively, can you swap your local currency to USD, EUR, or something else, and then trade with them instead?

With the closure of LocalCryptos and now LBC, there could well be a higher demand for Bisq to start supporting other currencies. People aren't going to want to move to a new exchange which might also close down in a few months, whereas by moving to Bisq, there is very little chance of that happening due to its decentralized nature.