Corey San Diego on Nostr: The absolute minimum you'll pay in trade and transaction fees on Bisq are 6750 sats. ...
The absolute minimum you'll pay in trade and transaction fees on Bisq are 6750 sats. At this time last year, that was $3.50. Today it's $6.55.
quoting nevent1q…eqelThank you!
I dont think theres enough liquidity for institutions (2024 averaged $35k traded per day), plus theyre generally not the audience for KYC-free trades. I think the main pressure for higher value trades is that the minimums are denominated in BTC and the price has gone up a lot. Currently the trade fee is 5000 sats or 0.15% (whichever is greater) for offer makers. So you dont start benefitting from the lower rate until your trade is 0.033 btc, thats over $3000!
No idea about Revolut. At first glance, it seems similar to zelle/strike in that it's a walled-garden middleman. Maybe the UX is better? Ive never used it.