Compare Bisq vs Liquid

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On this page, you can compare Bisq with Liquid. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bisq was founded in 2014. Liquid was founded in 2018 in Singapore.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bisq. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bisq is Decentralized and Liquid is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bisq has a mobile app available for iOS and Android. Liquid has a mobile app available for iOS and Android.

Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.

Company
User rating User rating 4.1 / 5 28 user reviews User rating 2.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.12 / 5 Trust Score 3.82 / 5

User rating

4.1 / 5 28 user reviews 2.5 / 5 2 user reviews

Cryptogeek rating

3.4 / 5 4 / 5

Trust Score

How it works
4.12 / 5 3.82 / 5

About

Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.

Founding Date

2014 2018

Country

International Singapore

Type

Decentralized Centralized

Languages

English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese

Mobile app

iOS, Android iOS, Android

Full address

The exchange does not disclose its location 2-2-1 Kyobashi Chuou-ku Tokyo Japan

Fees

Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.
About
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
Founding Date Founding Date 2014 Founding Date 2018
Country Country International Country Singapore
Type Type Decentralized Type Centralized
Languages Languages English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) Languages Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address The exchange does not disclose its location Full address 2-2-1 Kyobashi Chuou-ku Tokyo Japan
Fees Fees Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. Fees Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.

Trading

Bisq trading volume is 12,422.0. The exchange has 57 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Liquid trading volume is 11,927,756.0. The exchange has 286 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

12422 11927756

Pairs

57 286

Coins

31 96

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Transaction Mining Percentage

Margin

- -
Volume Volume 12422 Volume 11927756
Pairs Pairs 57 Pairs 286
Coins Coins 31 Coins 96
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Transaction Mining Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

bisq.network www.liquid.com

Twitter

@bisq_network @Liquid_Global

Number of followers

19000 194
Website Website bisq.network Website www.liquid.com
Twitter Twitter @bisq_network Twitter @Liquid_Global
Number of followers Number of followers 19000 Number of followers 194

Rating

User rating User rating 4.1 / 5 28 user reviews User rating 2.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Bisq user rating is 4.1, based on 28 user reviews. Liquid user rating is 2.5, based on 2 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.12 / 5
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Trust Score: 3.82 / 5
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On this page, you can compare Bisq with Liquid. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bisq was founded in 2014. Liquid was founded in 2018 in Singapore.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bisq. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bisq is Decentralized and Liquid is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bisq has a mobile app available for iOS and Android. Liquid has a mobile app available for iOS and Android.

Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.