BitSquare is a decentralized bitcoin & cryptocurrency exchange that is based on a peer-to-peer infrastructure. The exchange allows for trading of cryptocurrency and fiat currency in a secure manner without forfeiture of personal data.
Exchanges play a critical role in the bitcoin ecosystem. Without them, it would be nearly impossible to buy or sell bitcoins for euros, dollars, yen or yuan. Bitcoin would be a market without liquidity; bitcoin would be worthless.
Satoshi Nakamoto created Bitcoin with the motivation to solve the problems of centralized payment systems so it seems inconsistent that centralized Bitcoin exchanges are still the primary way to acquire bitcoins. In our opinion the dominance and vulnerability of centralized exchanges is the Achilles heel in the current Bitcoin ecosystem.
There have been many discussions in the forums about how to build a pure P2P based solution but there is still no real decentralized bitcoin exchange available yet.
Exchange national currency such as dollars, euros, or yen for bitcoin and other cryptocurrency.
Exchange a wide range of alternative cryptocurrencies for bitcoin.
No holding of personal funds.
No central authority, 100% decentralized
No forfeiture of personal data.