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From YouTube: All About Account Limits on Bisq (Fiat Only)
Description
Account aging and account signing are 2 important ways Bisq helps keep its fiat trading network safe. We break them down in this short video.
Altcoins trades can be up to 2 BTC instantly without aging or signing.
A
What
do
you
like
to
make
your
bisque
trades
bigger
and
buy
or
sell
more
bitcoin
at
one
time,
then
you
need
to
know
about
two
important
mechanisms:
account
aging
and
account
signing
I
want
to
make
clear
that
these
are
both
cryptographic
means
of
keeping
the
best
network
safe.
There
is
no
Department
of
people
somewhere
in
a
back
room
verifying
or
rejecting
your
accounts
as
they
wish
and
they're
pretty
simple
to
use.
So
let's
go
through
them
now,
account
aging
is
the
foundation.
A
A
A
Let's
say
you
set
up
a
new
money
order,
payment
account
on
bisque,
Western
Union,
for
example.
Then,
on
the
very
first
day,
you'll
see
the
following
limits:
point
1
to
5
Bitcoin
to
buy
and
point
1
to
5
Bitcoin
to
sell
these
are
simply
the
maximum
sizes
for
one
trade
that
you
can
do.
You
can
do
as
many
trades
as
you
want
at
or
below
these
limits.
A
A
So
that's
how
account
aging
works.
The
limit
you
start
with
doubles
twice
first
after
30
days
and
again
after
60
days
now
there
is
one
thing
to
note
that
limit.
You
start,
which
varies
by
payment
method,
because
different
payment
methods
have
different
maximum
trade
sizes,
so
the
amount
that
bisk
allows.
You
to
trade
at
one
time
with
a
cash
deposit,
for
example,
is
lower
than
the
amount
you
can
trade
with
a
money
order
or
by
face
to
face,
but
the
same
aging
dynamic
applies.
A
Now
there
is
a
caveat
to
everything
we
just
went
through
if
you've
used
this
to
create
a
payment
account
for
something
like
ceiba
or
zell,
or
a
bank
transfer,
for
example,
you
might
have
noticed
that
limits
are
a
bit
different.
So,
let's
use
safe
as
an
example
say
you
set
up
a
brand
new,
safe
account
undiscovered
your
limits
will
look
like
this.
You
can
sell
up
to
0.0625
bitcoin
at
one
time,
but
you
can
only
buy
up
to
0.01
bitcoin
at
one
time.
A
So
what
is
going
on
here?
Why
did
buy
limits,
never
go
up,
obviously
being
limited
to
buying
point
on
one
Bitcoin
at
a
time.
Kind
of
sucks,
well
saifa,
just
like
zel
and
bank
transfer,
and
a
number
of
other
payment
methods
has
chargeback
risk,
so
buyers
using
these
payment
accounts
are
limited
to
buying
point
on
one
bitcoin
or
less
until
their
accounts
are
cryptographically
signed
by
another
peer
on
the
network.
If
that
sounds
complicated,
don't
worry
it's
actually
very
simple.
A
You
can
see
the
difference
between
an
offer
that
will
get
you
sign
that
and
an
offer
that
won't
you
signed
here
on
the
screen.
The
offer
on
the
top
will
not
get
you
signed.
It
is
a
point
on
one
bitcoin
offer,
but
in
the
time
since
sign
in
column,
you'll
see
that
there
is
no
check
mark
on
the
bottom.
That
all
is
4.1
Bitcoin,
but
it
also
has
that
check
mark.
A
So
that's
it!
That's
all
you
have
to
do
to
get
a
signed
payment
account,
take
an
offer
to
buy
that.
Has
a
check
mark
finish.
The
trade
and
you'll
end
up
with
a
signed
account
in
30
days.
Your
point
of
one
Bitcoin
limit
will
be
lifted
and
there's
nothing
else.
You
or
the
seller
need
to
do.
This
takes
care
of
everything
in
the
background
and
one
last
thing:
if
you
want
to
check
your
account
signing
status,
you
can
see
it
in
the
payment
account
details
to
be
clear.