[bisq-network/proposals] Increase BTC trading fee to 1% of trade amount (Issue #365)

Ape Mithrandir notifications at github.com
Sun Mar 27 18:15:24 CEST 2022


> Yes, buying small amounts of BSQ is still an issue, although it has improved a lot since BSQ swaps.

For the last 3 days as an experiment I started showing offers in small size in BSQ, and I've managed to trade around 10 times as a maker. These trades have been mostly against unique counterparties, so supports the idea that they are people just looking to get a minimum amount of BSQ for access to lower fees on BTC trades.

This has been fully manual but I spend a few dozen hours on the [API](https://github.com/bisq-network/bisq/blob/master/apitest/docs/api-beta-test-guide.md), it should be possible for me to provide small size liquidity in BSQ and cover my transaction costs.

The % fees on a 20 BSQ trade are around 2-3% at the moment (pretty much all the mining fee), but it looks as though people are willing to pay up as much as 5% to get this sort of service. So long as I don't lose on a massive price swing it should be possible to show some passive liquidity like this and not lose money.

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