What is a cash deposit account


Someone please explain to me what I am missing. I am willing to make a cash deposit at a US bank to the sellers account in order to buy BTC

  1. Why do I have to create a national currency account? No bank account of mine will be used for a cash deposit. I’m depositing cash in the sellers bank.

  2. I added my bank account anyway, but now it has a transaction limit. Why is there a transaction limit on cash?

I must be missing something.



  1. Agree, But you need to put something in for the trade to work. Im not sure if its against the protocol to put Jane Doe name and account for a cash account as a buyer, i hope not as it shouldn’t matter as long as you can provide a receipt to the seller. Many traders on LBC do not require ID for cash trades so bisq should match the same functionality here?

  2. Im not sure the reasoning could be just the default. What is the limit? It does have the benefit to not risk large trades from bugs as well as limiting it for new users which may not be familiar with bisq, so smaller trades will not cause too much grief if there are problems and it will increase as time goes on.

Some dev input may be needed.

Also faq here to fill any more missing details, feel free to search the forums as well :slight_smile:


It simply makes no sense that if I create an offer to “buy btc” it shows my bank name, when my bank isn’t even involved in the transaction.

If I go with existing offers to sell BTC it limits me to .06 btc because its a new bank account. But once again the bank account has nothing to do with transaction.

You mention that “you need to put something in for the trade to work” but that something is BTC, not USD, so no bank needed for cash. It makes no sense to me.


It is needed for other payment methods and there are many in Bisq. It probably didn’t give much reason to change the code just for this one special case, but I don’t know of course. It will probably be adjusted eventually, devs are busy with a lot of stuff usually.

As for the limit, that still makes sense, there would still be use of having the limit for new users, it would just have to be done in a different way for cash deposit. The point is probably that it would have to change too much of code for just one payment method, but we can only get that confirmed from devs.

You can probably just put any place holder there, as there is no way to check that, as you say, but you can put your account if you want of course.