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Decentralized Bisq Exchange reported a record increase in trading volumes Monero



Bisq developer Christoph Attender announced that October was the most successful month this year for the decentralized platform.

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.

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.

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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