I’ve just created a trade (me as buyer/taker) with a counterparty that was responsible for the only failed trade I’ve had so far - which I only realised after creating the trade, when I recognised their banking details.
In the case of my failed previous trade, I sent funds, but did not receive the BTC I was buying in return. The counterparty did not respond to my messages in the trader chat, and also didn’t respond to the messages the mediator sent them afterwards. The issue was ultimately resolved through arbitration and I was impressed with how the process worked.
So, my questions to the brilliant minds of the Bisq community:
- Any reasons why I should proceed with the trade?
- If not, how do I cancel it and what are the costs of cancelling?
- How do I prevent this from happening again - can I mark a counterparty as one that is suspicious or that I don’t want to trade with again?