►
Description
Chris Beams and Felix Moreno demo a live BTC / USD trade over Bisq using Cash App as a payment method.
For more information on Bisq and a more detailed walk through of all the features you see demoed in this video, see the USD liquidity week Kickoff video at https://www.youtube.com/watch?v=PDRtJGMTl1c
Get Bisq at https://bisq.network/downloads.
Chat with the Bisq team and other Bisq users at https://bisq.network/slack-invite
Find Bisq on Twitter at https://twitter.com/bisq_network
A
Hello,
everyone
welcome
to
this
live
trading
demo
with
bisque
we're
gonna
be
demoing
tonight,
BTC
USD
trade
with
myself
playing
the
buyer
of
Bitcoin
I'm
Chris
beams
I'm,
a
co-founder
of
bisque
with
me,
is
Felix
Moreno,
hi,
Chris
and
sorry
ya
just
had
to
mute
something,
and
so,
if
you
look
he's
gonna
play
the
seller,
I'm
gonna
buy
Felix's
Bitcoin
with
my
US
dollars.
We're
gonna
use
squares
cash
app
to
settle
that
trade.
We
also
have
Christoph
fascinator
here
with
us
from
the
disk
team.
We're
gonna
dive
right
into
it.
A
If
you
didn't
see
it
yesterday,
we
did
a
much
more
extensive
demo.
We
gave
lots
of
context
and
walked
through
all
the
features
that
you'll
you're
about
to
see.
You
can
check
that
out
in
the
show
notes
below
there's
a
link
to
that
video.
It's
a
one-hour
video!
We're
gonna,
try
to
get
this
one
done
in
10,
15,
20
minutes!
Okay,
so
here
we
go
Felix.
Take
your
way
right.
B
So
I'm
gonna
jump
straight
into
it.
Let
me
share
my
screen.
You
should
be
able
to
see
it
now.
Let
me
know
if
he
can't
see
it
and
I'm
going
to
go
directly
to
I,
want
to
sell
BTC
for
USD
I'm
gonna
create
a
new
offer
to
sell
BTC
for
USD.
You
can
see,
there's
many
other
offers
there
already
I'm
gonna
choose
cash
app
as
my
payment
method
set
the
amount
that
the
price
I'm
just
going
to
do
a
distance
from
market
of
0%
and
set
the
security
deposit
of
a
bar
at
minimum
next
step.
B
Right
I
understand
this
is
what
I
need
to
find
my
offer.
You
can
see
the
security
deposit,
the
trading
fee,
the
mining
fee,
I'm,
gonna,
transfer,
funds
from
bisk
wall
at
this
time
should
have
enough.
Your
wallet
is
sufficiently
funded
review
place.
Offer
you
can
reveal
the
other
information
again
confirm
place,
offer
the
offer
is
being
published.
B
A
Okay,
so
you
guys
have
got
my
screen
so
again:
I'm
gonna
play
the
buyer
right,
so
I
want
to
buy
the
Bitcoin
that
Felix
just
put
up
and
so
I'm
gonna
click
on
the
Buy
BTC
button
here
in
disc,
and
we
should
see
that's
the
one
right
for
1064
I'm
gonna
click
on
buy
BTC
disc
is
going
to
communicate
with
Felix's
client
check
to
see
if
the
offer
is
still
available.
It
is
so
I'm.
Gonna
click
next
step
two.
A
This
is
telling
me
that
I'm
going
to
put
in
a
security
deposit
again,
you
can
watch
the
more
detailed
video
to
get
all
the
information
on.
Why
we
do
that.
I'm
going
to
fund
this
transfer
from
my
bisque
wall
that
I
already
have
a
little
bit
of
Bitcoin.
Here
again.
What
I'm
funding
is
my
security
deposit?
Fundamentally
there
and
I'm
now
gonna
review
the
offer
and
I'm
going
to
confirm
taking
offer
and
Felix.
Maybe
you
want
to
share
your
screen
again,
so
we
can
see
what
happens
on
your
side
when
your
client
gets
notified.
A
Okay,
so
I've
successfully
taken
an
offering
I'm
gonna
go
to
open
trades
on
my
side.
Felix's
screen
shows
that
his
trade
has
been
taken
and
now
we're
both
in
a
wait
state,
so
we're
waiting
for
the
next
block
to
be
mined
on
the
Bitcoin
blockchain
and,
let's
just
see
what
our
situation
looks
like.
When
was
the
last
block
when
we
started
this
call
just
a
few
minutes
ago,
a
block
had
been
mined
just
several
minutes
before
so
we
might
be
well
times
to
be
in
line
to
the
next
block.
Here,
let's
see
what
happens.
A
Okay,
actually,
okay,
so
we
may
be.
We
may
be
waiting
for
a
few
minutes
here
to
pick
up
the
next
block.
In
the
meantime,
while
we
wait,
we
can
show
what
we're
actually
waiting
for.
So,
let's
dig
into
this
to
the
details
of
this
trade
here,
I
click
on
that
info
button.
You
can
see,
there's
actually
three
transactions
involved
in
any
bisk
trade,
there's
the
maker
fee
transaction,
the
taker
fee
transaction
and
the
deposit
transaction,
and
in
this
case
felix
was
the
seller
and
he
was
the
maker.
A
A
Zero
point:
zero,
zero,
six
Bitcoin
he
paid
about
twenty
Satoshi's
per
byte,
which
should
be
plenty
to
get
mined
in
the
next
block
fingers
crossed
and
it
had
several
outputs
right
here.
You
can
see
that
transaction
paying
the
bisque
arbitrator.
If
you
have
more
time,
we
could
talk
a
little
bit
about
arbitration,
but
again
we
talked
about
it
in
detail
on
the
call
yesterday,
this
bottom
one
is
a
change
address,
paying
back
to
came
back
to
felix
the
remainder
that
was
extra
for
paying
into
this,
and
this
is
the
maker.
This
is
his.
A
His
funds
that
he's
actually
he's
actually
trading
here,
plus
his
security
deposit,
so
felix,
is
security
deposit
as
a
seller
was
the
standard,
0.003
bitcoin
and
the
amount
being
traded
with
0.001.
So
that's
why
you
see
zero
zero
for
there
and
we're
still
waiting
for
couple.
It
was
actually
included
in
a
block.
So
that's
already
happened.
A
Let's
see
where
we
are
with
the
taker
fee,
so
I
was
the
buyer
and
I
took
Felix's
Felix's
trade,
so
it
looks
like
what
happened
was
Felix
was
fast
enough
to
get
into
the
last
block
that
happened
and
then,
while
I
was
talking
and
clicking
through
my
best
clients,
I
missed
the
block.
So
that's
why
we're
now
waiting
for
the
next
one?
So
my
transaction
is
unconfirmed,
but
you
can
see
it's
a
similar,
looking
transaction
right,
I
paid
in
a
total
of
zero
zero.
A
Three
bitcoins
for
inputs,
I
paid
about
twenty
four
I
paid
224
satoshis
provide
so
I
should
really
make
the
next
block
now
and
again.
I
paid
my
arbitrator
here,
Fisk's
arbitration
fee.
When
we
talk
about
trading
fees
and
discs,
that's
what
we
mean
trading
fees
in
Bisco
directly
to
bisques
arbitrators,
so
that
if
anything
goes
wrong,
we
trade
you
can
dispute
that
trade.
A
You
can
escalate
that
trade
to
arbitration
and
there's
somebody
standing
by
to
help
you
you're
literally
paying
your
arbitrator
every
time
the
trade
on
disk,
and
if
you
haven't
heard
the
news
that
amount
is
pretty
low
right:
zero,
zero,
zero,
zero,
five
good
coin-
that's
just
5,000
satoshis!
That's
about
fifty
cents
worth
of
Bitcoin
at
the
moment!
So
that's
an
extremely
low
amount
to
pay
for
a
trade
on
any
trading
platform.
A
That's
because
in
this
0.6
dot
six
we
just
reduced
trading
by
75%.
So,
let's
see,
let's
refresh,
let's
just
see
the
block
explore
till
it's
the
same
going
to
it.
Does.
Let's
go
back
to
bisque
thinking
required
for
this
trade.
It's
telling
me
and
actually
notice
what
it
says,
because
this
is
gonna.
This
is
giving
giving
us
instructions
for
what
I'm
about
to
do.
A
I
need
to
go
pay
Felix
and
it's
saying:
hey
Felix
via
cash
app
with
this
account
and
do
not
use
any
additional
notices
right
and
the
reason
for
payment,
don't
say:
Bitcoin,
don't
say:
BTC,
don't
say
this
only
use
the
trade
ID,
it's
very
important.
Okay,
so
close,
let's
close
that
out,
we
see
all
the
transactions
have
been
confirmed,
start
payment
right,
so
we're
now
walking
through
this
trade
process
or
trade
protocol
and
I'm
going
to
now
bring
up
Pacha
right.
A
Many
people
use
this
through
their
mobile
there's
a
web
interface
as
well,
and
so
I'm
now
going
to
make
a
new
payment
with
the
agreed
upon
payment
method
and
the
amount
again
is
ten
dollars
and
64
cents
USD.
So,
let's
type
that
in
ten
dot
64
and
if
hey
Felix,
Moreno
flicks,
one
says
that
right
there
I
pay
flicks
one
and
the
reason
for
payment.
A
So
I'm
not
paying
Felix
yet,
even
though
from
cash
apps
perspective
unfinished
and
now
must
go
back
into
bisque
and
press
this
button
payment
started.
Yes,
I
have
definitely
initiated
the
payment
and
the
reason
for
that
is
that
bisque
isn't
integrated
in
any
way
with
cash
app.
It's
relying
on
you
to
go
outside
of
this
to
make
that
thing,
and
then
tell
basically
you
did
it
now
in
Felix
aside,
you
can
see
he
needs
to
take
attention
all
right.
Go
ahead.
Felix
gonna,
walk
through
that.
You.
B
B
Let
me
just
refresh
and
we
have
7h
q5e
1064
7,
HQ,
5e,
1064
I
have
received
the
payment
and
I
will
click
on
confirm
payment
received.
Yes,
I
have
received
the
payment
and
sending
confirmation,
and
we
can
go
back
to
your
screen.
No
actually!
No,
this
is
it.
Nothing
else
needs
to
be
done.
Trade
completed.
You
can
now
withdraw
your
funds
and
I'm
going
to
click
on
move.
My
I
recover
my
security
deposit.
As
you
can
see,
0.003
I
will
move
those
funds
to
my
bisque
wallet
and
that's
it.
A
So
what
popped
up
on
my
screen
saying
this
trade
is
now
completed,
and
that
brings
me
to
this
screen
final
step
in
the
process
same
thing
as
Felix
just
went
through
I'm
now
you
know
this
much
Bitcoin
richer
right,
I've
bought
Felix's
Bitcoin.
So
what
do
I
want
to
do
with
it?
I
could
withdraw
it
to
my
external
wallet
or
I
could
move
it
into
my
bisque
wallet
again.
A
A
So
I'm
gonna
unshare
my
screen
and
that's
a
very
quick
demo.
Again,
you
can
see
previous
video
yesterday.
You
can
see
step
by
step.
We
walk
through
security
deposits
in
all
of
it,
and
if
people
have
further
questions,
I'm
sure
people
have
lots
of
questions
and
I
think
we're
going
to
hold
off
on
on
taking
any.
Unless
Christophe,
you
tell
us,
there's
a
burning
one
just
to
keep
the
video
short
so
that
we
can
share
this
and
you
people
who
watch
this.