I would like to use Bisq to trade BTC for Monero but I have a few questions about it. The Bisq FAQ says that the majority of transactions go undisputed, but what are the odds that something bad happens? 5%? .001%?
Have any of you guys done it before and was it a smooth process? How long should I expect it to take? Is it dangerous to trade a large amount of money at once?
One last question: I know that both traders have to pay a deposit, but how does it work and where does the deposit go to ensure that both traders stay honest? Thanks!
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