• Latest
Bitcoin DEX Bisq Sees Record Volume After Localbitcoins Bans Cash

Bitcoin DEX Bisq Sees Record Volume After Localbitcoins Bans Cash

June 27, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Bitcoin DEX Bisq Sees Record Volume After Localbitcoins Bans Cash

coinnewsdaily by coinnewsdaily
June 27, 2019
in Litecoin
0
Bitcoin DEX Bisq Sees Record Volume After Localbitcoins Bans Cash
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022

P2P bitcoin (BTC) trading platform Bisq is seeing record trading volumes as users drop Localbitcoins, data from monitoring resource Coin Dance confirmed this week. 

Bisq, the DEX formerly known as Bitsquare, is a decentralized application facilitating crypto-to-fiat trades without a formal intermediary. 

For the week ending June 22, the most recent period for which data is available, the platform handled $6.1 million, its best performance on record. 

Noticeable upticks came from markets as diverse and the United Kingdom and Brazil, the former seeing its second-biggest volumes. 

The increased activity comes weeks after Localbitcoins, traditionally the go-to P2P trading platform, abruptly withdrew the option for users to meet and perform trades for cash. 

Part of a series of increased know-your-customer (KYC) moves, dropping cash sparked criticism, with competitor LocalEthereum rushing to hook deserted traders. 

Many P2P markets rely heavily on cash exchange, as users either have no access to the banking system or feel unable to rely on it, as is the case with countries such as Venezuela.

The latest data underscores the change in consumer habits with Localbitcoins failing to capitalize on bitcoin breaking $10,000 and higher.

Volumes across the platform for the seven days to June 22 actually fell compared to previous weeks, reaching $56.4 million.



Credit: Source link

Tags: Litecoin
Share76Tweet48
Previous Post

Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto

Next Post

LG Using New Blockchain DApp Platform From Korean Internet Giant Kakao

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
LG Using New Blockchain DApp Platform From Korean Internet Giant Kakao

LG Using New Blockchain DApp Platform From Korean Internet Giant Kakao

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$22,868.00-0.66%
  • ethereumEthereum(ETH)$1,626.98-0.53%
  • tetherTether(USDT)$1.000.11%
  • binancecoinBNB(BNB)$325.72-0.87%
  • rippleXRP(XRP)$0.393408-2.43%
  • cardanoCardano(ADA)$0.383940-3.50%
  • dogecoinDogecoin(DOGE)$0.090276-2.65%
  • matic-networkPolygon(MATIC)$1.210.12%
  • okbOKB(OKB)$43.74-2.49%
  • solanaSolana(SOL)$22.88-3.15%
  • shiba-inuShiba Inu(SHIB)$0.0000140.29%
  • polkadotPolkadot(DOT)$6.54-3.08%
  • litecoinLitecoin(LTC)$96.46-0.37%
  • tronTRON(TRX)$0.064104-0.38%
  • daiDai(DAI)$1.000.03%
  • cosmosCosmos Hub(ATOM)$14.26-2.87%
  • chainlinkChainlink(LINK)$6.90-1.65%
  • leo-tokenLEO Token(LEO)$3.39-5.48%
  • ethereum-classicEthereum Classic(ETC)$22.28-2.93%
  • moneroMonero(XMR)$165.45-1.44%
  • bitcoin-cashBitcoin Cash(BCH)$131.80-2.17%
  • stellarStellar(XLM)$0.089543-2.07%
  • crypto-com-chainCronos(CRO)$0.080532-0.98%
  • filecoinFilecoin(FIL)$5.20-2.87%
  • algorandAlgorand(ALGO)$0.257114-1.14%
  • vechainVeChain(VET)$0.024075-1.53%
  • internet-computerInternet Computer(ICP)$5.48-3.33%
  • aaveAave(AAVE)$84.80-1.80%
  • eosEOS(EOS)$1.07-2.45%
  • elrond-erd-2MultiversX(EGLD)$43.92-3.59%
  • theta-tokenTheta Network(THETA)$1.08-1.89%
  • tezosTezos(XTZ)$1.15-2.65%
  • paxos-standardPax Dollar(USDP)$0.99-0.16%
  • huobi-tokenHuobi(HT)$5.54-1.00%
  • havvenSynthetix Network(SNX)$2.828.43%
  • bitcoin-cash-svBitcoin SV(BSV)$42.49-4.40%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.460.25%
  • dashDash(DASH)$62.964.86%
  • iotaIOTA(MIOTA)$0.241214-1.31%
  • makerMaker(MKR)$699.78-0.54%
  • neoNEO(NEO)$8.72-1.82%
  • zcashZcash(ZEC)$43.84-1.64%
  • zilliqaZilliqa(ZIL)$0.0292260.19%
  • basic-attention-tokenBasic Attention(BAT)$0.276131-3.92%
  • nemNEM(XEM)$0.0412120.23%
  • compound-governance-tokenCompound(COMP)$52.23-1.26%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$35.29-2.64%
  • bitcoin-goldBitcoin Gold(BTG)$17.25-1.38%
  • qtumQtum(QTUM)$2.81-0.74%
  • sushiSushi(SUSHI)$1.450.06%
  • wavesWaves(WAVES)$2.67-0.93%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.253243-3.96%
  • yearn-financeyearn.finance(YFI)$7,534.58-1.62%
  • omisegoOMG Network(OMG)$1.66-3.37%
  • ontologyOntology(ONT)$0.229773-1.33%
  • digibyteDigiByte(DGB)$0.010482-1.61%
  • umaUMA(UMA)$2.09-0.06%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%