Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
143
143
Posted by3 years ago
Archived
github.com/bitsqu...
31 comments
This thread is archived
New comments cannot be posted and votes cannot be cast
Sort by
level 1
Original Poster12 points · 3 years ago

You might want to read the Bitsquare white paper.

BTC-Fiat trades are secured by a combination of measures. This is completely new territory in the crypto world and we want to get it right. Especially since the limit is per trade and not per user. You can do hundreds of 'limited' trades at a time and thereby spread your risk.

The limit protects users since the start of Bitsquare and it is doing so very effectively, as there have been no scam attempts. I wouldn't call it 'a very crude tool'.

More posts from the Bitcoin community
Continue browsing in r/Bitcoin
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
1.3m

Members

5.8k

Online


Created Sep 9, 2010