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.

… 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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