OTC Atomic Swaps
Customized, trust-minimized, and secure crypto trades With your counter-party of choice
Want to keep your trading local to your device?
How To Swap
Our OTC trading service requires that you have a trading partner prior to initiating an atomic swap
. Mainly, you will need the addresses your counter-party wants to use for transacting and the amounts for each coin in the trading pair.
If you don't already have a counter-party, you can trade against the Liquality Bot
*You can trade with yourself to test — it sometimes requires more wallets if it is a cross-chain trade and some extra work for you filling roles on both sides of the trade.
Use either our web interface or desktop app to enter the swap details and initiate the exchange. Select the coins and amounts, connect your wallets, and add your counter-party’s addresses.
We currently support Ledger and MetaMask wallets. We do not store any data about your wallets or transactions.
Simply press a button to send the first transactions to their blockchains. Technically speaking, you are creating and funding your own smart contracts that together act as an escrow which is only accessible to you and your counter-party.
Afterwards, follow instructions for executing the swap. These are easy actions such as sending a trade link to your counter-party (where they can execute their swap actions) and connecting your wallet to transfer your coins.
The magic of our atomic swaps is that the trade either successfully executes and both parties receive their requested coins, or both parties are refunded when terms are not met. There is no opportunity for a bad actor to receive coins without sending coins.
Each party has a maximum of six hours to complete their side of the trade. Claiming coins requires connecting your wallet to authorize the transaction.