[bisq-network/growth] India INR/BTC Market Maker Bounty 500 $BSQ (#175)

Aman Goyal notifications at github.com
Tue May 25 22:19:50 CEST 2021


Hey everyone! Had a very successful first day of trading **BTC-INR** in India. 

Instead of summarizing in paragraphs, I've created a tabular format of the trades:

Trade No. | Created by Me? | Type | Negative Spread | BTC | INR | Payment Method | Payment done via | Issues | Trade ID
-- | -- | -- | -- | -- | -- | -- | -- | -- | --
1 | Yes | Sell | Yes -10% | 0.001 | 2591 | Bank Transfer | UPI | None | DfQXpsVy-7e9fa27a-617a-4bfe-8c5b-693851d7b3bd-164
2 | Yes | Sell | Yes -5% | 0.005 | 13455 | Bank Transfer | IMPS | None | JRWMXQUA-a975f7ce-0f62-4593-a364-d0f357076fcc-164
3 | Yes | Sell | No 1% | 0.01 | 28161 | Bank Transfer | UPI | None | hut8ekd-de7df977-4716-43c0-8a0e-3eadf0f2e47b-164
4 | No | Buy | Yes 5% | 0.001 | 2925 | Bank Transfer | UPI | None | 3732180-ff6d3e34-6ce1-4d50-a2af-71657db49994-164
5 | No | Sell | Yes -5% | 0.001 | 2642 | Bank Transfer | IMPS | None | 8759409-09822ee6-fe43-454c-85b4-855f0c7b5537-164

----------------------------------------------------------------------------------------------------------------------------------------

We had 4 people participating in these 5 trades. Out of the 4 traders, 3 of them(myself included) used a UPI app for the payment. UPI supports A/c+IFSC bank transfers along with the standard VPA transfers. The 4th person used their bank's IMPS transfer.

Pretty successful I think. Just need to maintain/increase this volume.
As I mentioned before, I can see 1 other person trying to create offers with a markup. I took 2 of their offers(1 buy and 1 sell) to encourage them, even though I took a loss which I don't really mind. It's about jump starting the market anyway, so I was/am prepared for taking some losses until we have consistent liquidity. I have some more open offers, so spread the word traders!

On that note, special thanks to @flix1  for helping me with my initial bitcoins and @mwithm  for advising me about trading/mining fees. Like I've mentioned before, I'm always learning something from the Bisq community. Thanks to everyone else involved in this for promoting the trades as well as the traders who are helping improve the liquidity! Hope to have more Indians trading on Bisq soon.

I have had my Bisq UI on my potato computer up and running for more than 24 hours now. I'll have to look into the docker bisq soon so I can utilize servers to keep my offers up 24/7.

Feel free to ask for any more information that you need. Happy to help however I can.
Let's keep the momentum going.

Cheers!

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/growth/issues/175#issuecomment-848232171
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20210525/81fe24ff/attachment.htm>


More information about the bisq-github mailing list