I must be missing something fundamental about how Bisq works, despite having read the basic documentation.
I want to buy BTC using Revolut. I assume this means if I buy someone who has Revolut as a payment method, that I “take offer” and it’ll present me with the SELLER’s Revolut @username, right?
For, I “take offer”, it shows me all the details and I click “Next step”, and it shows a pop-up saying “Fund your trade” and outlines I can pay from my Bisq wallet or from an external wallet and that I’ll see all funding options after closing the popup.
I close the pop up, I see a “trade wallet address” and it sits there showing “waiting for funds…”
I want to buy BTC using Revolut. I assume this means if I buy someone who has Revolut as a payment method, that I “take offer” and it’ll present me with the SELLER’s Revolut @username, right?
Yes, that is correct
For, I “take offer”, it shows me all the details and I click “Next step”, and it shows a pop-up saying “Fund your trade” and outlines I can pay from my Bisq wallet or from an external wallet and that I’ll see all funding options after closing the popup.
Yes, this is for the security deposit. You can use either funds in your Bisq wallet or another wallet to fund the trade.
You need about 0.007 BTC to start trading on Bisq. The security deposit is returned when the trade is successfully completed.
You need to take the offer by paying the security deposit, and then, once the deposit tx gets the 1st confirmation you’ll see your peer’s data.
Otherwise, without committing to a trade, anyone could mine data from offer makers.