How to Atomic Swap ETH, BTC, DAI, and USDC with Liquality

TLDR: we’re excited to announce the Liquality Bot - a trading partner that is available to atomic swap BTC, ETH, DAI, and USDC with you 24/7.

We believe the Liquality Bot offers the best of both instant and decentralized exchanges, delivering on the promise of P2P cryptocurrency:

  • Simple and Free: No account sign-ups, deposits, "utility" tokens, wrapped tokens, or other complicated setup requirements. And we do not add any fees to your trades.
  • Cross-Chain: Effortlessly trade Bitcoin and Ethereum-based tokens (ETH, DAI, and USDC).
  • Trustless Security: Our atomic swaps enable direct and risk-free trade with partners, eliminating the need for costly exchange services that are preferred targets for hackers.
  • Full Control: Our tech gets transaction permissions from wallets* that you control. Only you have access to the assets you place in a trade. *We support Ledger and MetaMask.

Swap Today.

A New Easy Way to Exchange Cryptocurrency Across Blockchains, Peer-to-Peer

Liquality provides peer-to-peer atomic swaps, enabling two anonymous parties to securely swap cryptocurrency in a non-custodial way, minimizing risks and costs. Today, we're excited to share with you our latest release.

To improve the user experience and liquidity of our existing OTC atomic swap interface, we’ve created the Liquality Bot: a counterparty-risk-free trading partner that is available to exchange crypto with you 24/7.

By trading with the Liquality Bot, you can expect a better trading experience while maintaining the same security, privacy, and cost benefits of atomic swaps.

To those of you who make markets: you also have the option to spin up your own locally-hosted bot. By doing so, you can potentially increase your market making profitability by:

  • Tapping into new markets to increase your revenue streams
  • Reducing counterparty and settlement risks
  • Lowering overhead costs, such as administrative and customer support

If you’re interested in spinning up your own bot, please sign up using this contact form.

Trading BTC, ETH, DAI, or USDC With the Liquality Bot

If you’d like to trade with the Liquality Bot, you’ll need the following:

  • A balance in: Bitcoin (BTC), Ether (ETH), Dai version 2 (DAI, ERC20 stablecoin), or USD Coin (USDC, ERC20 stablecoin)
  • A MetaMask wallet
  • A Ledger wallet only for BTC trades
  • Google Chrome web browser

Simply follow this Youtube tutorial to trade with Liquality. You also have the option to trade on testnet. Keep in mind that blockchain network congestion and fees may impact the execution of your atomic swap.

If you have any questions or comments, please view our FAQs or message us through our support chat (located on the bottom right corner of the application) and we'll get back to you within 24hrs.

Support Available for Trading With The Liquality Bot

How Does Liquality Compare To Other “P2P” Crypto Exchanges?

Many cryptocurrency exchanges make claims that simply aren’t true.

“Decentralized” exchanges (DEXes) and protocols like Airswap, 0x, and Bancor claim to manifest the benefits of decentralization. But as we’ve highlighted before in a previous blog post, they are not as decentralized as you might think. Furthermore, all DEXes’ trading pairs are limited to Ethereum-based tokens.

Instant exchanges like Localbitcoins, Changelly, Shapeshift, and Changenow offer users a ton of crypto trading pairs across different blockchains, while claiming to be non-custodial. In reality, these companies charge fees (in the form of a commission or “utility” token) and require users to deposit funds into one their addresses, in effect controlling users’ funds. Not your keys, not your coins.

We believe the Liquality Bot offers the best of both instant and decentralized exchanges, delivering on the promise of P2P cryptocurrency:

  • Simple and Free: No account sign-ups, deposits, "utility" tokens, wrapped tokens, or other complicated setup requirements. And we do not add any fees to your trades.
  • Cross-Chain: Effortlessly trade Bitcoin and Ethereum-based tokens (ETH, DAI, and USDC).
  • Trustless Security: Our atomic swaps enable direct and risk-free trade with partners, eliminating the need for costly exchange services that are preferred targets for hackers.
  • Full Control: Our tech gets transaction permissions from wallets* that you control. Only you have access to the assets you place in a trade. *We support Ledger and MetaMask.

Start a swap today.