== Why are trade limits necessary? ==

Most fiat payment methods carry a risk of bank chargebacks.
To reduce this risk, Bisq applies both trade amount limits and trade rate limits to Bitcoin buyers, since buyers are the ones who could initiate a chargeback.

=== Fiat trades – Bitcoin buyers ===

Trade limits depend on:

* The chargeback risk of the selected payment method
* Whether the buyer has imported a signed account age witness from Bisq 1
* The age of the payment account

=== Fiat trades – Bitcoin sellers ===

For sellers, trade limits depend only on the selected payment method.

=== Cryptocurrency trades ===

A maximum trade amount limit equivalent to 10,000 USD applies.


== How are trade limits applied? ==

Trade limits are calculated based on these rules:

* Each fiat payment method has a chargeback risk level. Depending on that level, the maximum trade amount of 10,000 USD can be reduced by up to 50%.
* If a user imports a previously signed Bisq 1 account, all limits are removed.
* If a payment account is older than 90 days, limits are removed. For newer accounts, limits increase gradually until reaching that age.

=== Trade rate limit ===

The trade rate limit (number of trades allowed per day) is based on the trade amount limit:

* It is calculated as: trade amount limit ÷ 1,000
* The minimum value is 1 trade per day
* Once the maximum trade amount limit is reached, the trade rate limit no longer applies

You can import accounts from Bisq 1 and keep their account age.


== Trade limit calculator ==

Use the simulator to see which limits apply to you based on:

* Your selected payment method
* The age of your payment account
* Whether you have imported a signed Bisq 1 account<!-- BISQ VERSION: bisq1 -->