New to Bisq – Confused About Trade Resolution and BTC Amounts

Trading
1

Hi everyone, I’m new to Bisq and had a recent trade that left me with a few questions. Here’s a breakdown of what happened:

  • On August 15, I started a trade to buy 0.0240 BTC via ACH (US).

  • I asked the seller via trade chat whether their bank account was a checking or savings account, as my bank required this info to complete the transfer.

  • By August 16, I hadn’t received a reply, so I contacted the mediator.

  • Later that day, I completed the payment, closed the mediator request, and clicked “Payment Started.”

  • On August 19, the seller confirmed in the chat that they had received the payment.

  • Also on August 19, I received a notification saying:
    “Your trade peer has accepted the mediator’s suggestion for trade resolution.”
    The breakdown was:

    • I receive 0.02905 BTC

    • My trading peer receives 0.005052 BTC

I also noticed the trade timer now shows 22 hours remaining, which added to my confusion.

Here are my questions:

  1. Did I incur any penalties in this trade?

  2. The original trade was for 0.0240 BTC—how is it that I’m receiving more than that?

  3. Why is my trading peer receiving 0.005052 BTC?

Any help in understanding this would be greatly appreciated. Thanks in advance!

2

You are receiving the trade amount + security deposit. 0.024 + 0.005052 = 0.029052 BTC so I think it’s correct for you to accept. No one is penalized, just the regular payout.

Remember that both of you need to accept the mediation suggesiton, or the trade is not finished. If the trade is not completed after 48h since you accepted mediation suggestion, let the mediator know.

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