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    Home » Decentralized Bisq Exchange reported a record increase in trading volumes Monero

    Decentralized Bisq Exchange reported a record increase in trading volumes Monero

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    By BlockchainJournal on October 22, 2018 Monero News, News
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    Bisq developer Christoph Attender announced that October was the most successful month this year for the decentralized platform.

    … And October 2018 is already on @bisq_network ($ 3,179,564 in volume and counting) ? pic.twitter.com/loWwHngmLW

    – Christoph Atteneder (@chrisattee) 21 December 2018 p.

    Thus, since the beginning of the month, the volume of trading on this platform exceeded $ 3 million and continues to grow steadily.

    The Block analyst Larry Zermak expressed confidence that the trading volume on Bisq will reach the results of April 2016, when it reached $ 5 million.

    1 / Bisq, a month for a peer-to-peer exchange, a surpassed exchange rate of $ 1.5M in October. https://t.co/zaopmPMz9c pic.twitter.com/p60M7oeX9U

    – Larry Cermak (@lawmaster) January 22, 2018 p.

    According to CoinMarketCap , the most popular asset on Bisq is Monero cryptocurrency:

    Larry Zernak also notes that Monero has never been so popular on Bisq before. An anomalous surge of activity in a pair of XMR / BTC analyst connects with the introduction of KYC-procedures on the ShapeShift service.

    3/89% of all volumes on the last three months. 17% of volumes involved Monero. This is probably because of its customers.

    – Larry Cermak (@lawmaster) January 22, 2018 p.

    Earlier, BlockchainJournal reported that, thanks to the implementation of the Bulletproofs protocol, commissions in the Monero network have decreased by about ten times.

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