Any DEX to exchange USDT/DAI/USDC/TUSD to BTC?

[filipwx]

I see many DEX (Decentralized Exchanges) like Airswap, 1inch.exchange exchanging altcoins, but not offering BTC. Instead you should exchange first to WrappedBTC or any kind of BTC token.
Why isn't possible to exchange directly to BTC or are they any DEX supporting swap to BTC directly?

[1714042688]

1714042688

[WalkerIVIV]

The problem is the bitcoin network needs more time to be confirmed and it can't be done instantly. The majority of swap services only accepted coins other than bitcoin caused by these coins have enough scalability to do an almost instant transaction. You can take a small explanation from blockchain[dot]com as your reference https://support.blockchain.com/hc/en-us/articles/360023819791-How-long-will-my-Swap-order-take-

[_IRMAN]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

[jossiel]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

[filipwx]

The problem is the bitcoin network needs more time to be confirmed and it can't be done instantly. The majority of swap services only accepted coins other than bitcoin caused by these coins have enough scalability to do an almost instant transaction. You can take a small explanation from blockchain[dot]com as your reference https://support.blockchain.com/hc/en-us/articles/360023819791-How-long-will-my-Swap-order-take-

Interesting to know this. Thank you!
For Blockchain Swap, basically its the same as any centralized exchange.

[filipwx]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Yes Binance DEX is very limited.
As we see the fiat pairs here

You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either.
There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting.

The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless.

But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC.

[filipwx]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Yes Binance DEX is very limited.
As we see the fiat pairs here

You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either.
There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting.

The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless.

But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC.

Following this post, I think a suitable way to swap these stablecoins would be to swap your assets to BNB and from BNB to BTC with Binance DEX. Better suggestion?

[jossiel]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Yes Binance DEX is very limited.
As we see the fiat pairs here
~image~
You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either.
There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting.

The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless.

But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC.

I guess this is a good problem to address to these DEX developers that they should add BTC so that they might gain traction. I'm flying in air thinking about this suggestion but maybe it will work so that they can also be noticed by other traders and investors.

For your question, do you think that changelly can do what you are looking for? There's plenty of complains about them but they don't implement KYC unlike the others before of the same service, shifted to KYC needed compliance.

Even the known DEX before, IDEX, implemented it.

Following this post, I think a suitable way to swap these stablecoins would be to swap your assets to BNB and from BNB to BTC with Binance DEX. Better suggestion?

I can't think of any other strategy but this is what I'm telling you as the solution but you don't have to get out of Binance DEX. Since it's the Binance DEX, pair all trades with BNB then in the end trade it all for BTC.

[GucciBoy]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

[filipwx]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Yes Binance DEX is very limited.
As we see the fiat pairs here
~image~
You would need to have BUSD (which isn't really the best in term decentralization / can be freezed anytime with the backdoor added by PAX Team) and you won#t get btc either.
There is even a lack of solution to move easily between the two largest crypto ecosystems trustlessly (BTC and ETH). Of course, its pretty easy to swap coins within ERC20 ecosystem, but once you want to leave that, problems are starting.

The option to finally go another exchange to trade it to bitcoin makes the complete DEX solution useless.

But now my question, as these DEX would mostly offer kind of wrapped bitcoin to etherum network, is there any solution to swap these coins to BTC trustless? No, I m not talking about flyp.me which tends to keep coins of people and ask them to provide their KYC.

I guess this is a good problem to address to these DEX developers that they should add BTC so that they might gain traction. I'm flying in air thinking about this suggestion but maybe it will work so that they can also be noticed by other traders and investors.

For your question, do you think that changelly can do what you are looking for? There's plenty of complains about them but they don't implement KYC unlike the others before of the same service, shifted to KYC needed compliance.

Even the known DEX before, IDEX, implemented it.

Following this post, I think a suitable way to swap these stablecoins would be to swap your assets to BNB and from BNB to BTC with Binance DEX. Better suggestion?

I can't think of any other strategy but this is what I'm telling you as the solution but you don't have to get out of Binance DEX. Since it's the Binance DEX, pair all trades with BNB then in the end trade it all for BTC.

As far as I know, there have been lot scam reports about changelly on this forum. So I think it's not anymore an option.
Binance DEX seems to be a good option. But I haven't seen yet any feedback about binance dex. Anyone who used already Binance DEX here? Some feedback?

[filipwx]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean?

Meanwhile, will have a look at Blockdx and let you know.

[jossiel]

~snip~

As far as I know, there have been lot scam reports about changelly on this forum. So I think it's not anymore an option.
Binance DEX seems to be a good option. But I haven't seen yet any feedback about binance dex. Anyone who used already Binance DEX here? Some feedback?

Ok then, as I've said there's a lot of complaints about them because I can't think of any other option but anyway, cross them out.

I guess that's the final choice you have, the Binance DEX. I have zero experience with them but knowing it's from Binance, they can be good as the other Binance.

[Febo]

I see many DEX (Decentralized Exchanges) like Airswap, 1inch.exchange exchanging altcoins, but not offering BTC. Instead you should exchange first to WrappedBTC or any kind of BTC token.
Why isn't possible to exchange directly to BTC or are they any DEX supporting swap to BTC directly?

https://bisq.network/markets/

Problem is there is little volume.

The problem is the bitcoin network needs more time to be confirmed and it can't be done instantly. The majority of swap services only accepted coins other than bitcoin caused by these coins have enough scalability to do an almost instant transaction. You can take a small explanation from blockchain[dot]com as your reference https://support.blockchain.com/hc/en-us/articles/360023819791-How-long-will-my-Swap-order-take-

There is no problem with Bitcoin to be used with DEX. Bitcoin was build for decentralised banking!

[GucciBoy]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean?

Meanwhile, will have a look at Blockdx and let you know.

HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS?

That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised.

[Blue_oxen]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Binance DEX exchanges usually only support platforms that use BNB, so coins like USDC or USDT are definitely not supported here. I think you should join the centralized exchange to do this because these are often the places where lots of stable coins are gathered and you can keep them if you want.

[Natalim]

Binance DEX exchanges usually only support platforms that use BNB, so coins like USDC or USDT are definitely not supported here. I think you should join the centralized exchange to do this because these are often the places where lots of stable coins are gathered and you can keep them if you want.

But there are debates if it's really appropriate to call Binance as a DEX, because they have some kind of restriction from certain countries to access the site, and to me, it's more like a centralized exchange also, reason why Binance DEX has a low volume than expected.

[filipwx]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean?

Meanwhile, will have a look at Blockdx and let you know.

HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS?

That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised.

BINANCE DEX can STOP your withdrawal?    this exchange.....

[filipwx]

DEX currently can only offer coin exchange on their networks, such as Forkdelta, IDEX, etc. Only accept tokens with the ethereum network, and Binance DEX only accept tokens with the Binance Chain network, but if I'm not mistaken in Binance DEX there are BTC pairs but not the original BTC but BTC created by the binance network.

Binance DEX for BTC trading pairs is very limited. If you go to their platform: https://www.binance.org/en/trade you can only see 4 pairs for BTC.

OP, what irman said about DEXs is true. Most of them are only into token pairs that's why you rarely see them pair with BTC. The solution for that problem is to transfer it to another exchange and trade it to bitcoin.

Binance DEX exchanges usually only support platforms that use BNB, so coins like USDC or USDT are definitely not supported here. I think you should join the centralized exchange to do this because these are often the places where lots of stable coins are gathered and you can keep them if you want.

And thats true. Binance DEX supports only BNB network... nothing else... meaning you wont get there BTC blockchain.... its enclosed circle, that has nothing to do with DEX

[GucciBoy]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean?

Meanwhile, will have a look at Blockdx and let you know.

HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS?

That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised.

BINANCE DEX can STOP your withdrawal?    this exchange.....

Make fun all you want, but with Binance being in control of everything, with the nodes being the single most important thing to keep decentralized on ANY DEX, there is really  no limits as to what they can do with your funds. "Trustles" my ass. Binance is just afraid of the competition, which is why they tried to STEAL Blocknets DEX source code..

Source: https://www.youtube.com/watch?v=JSCAelH_iuk

[filipwx]

The Binance "DEX" is NOT a DEX... Jesus!!

I HATE people who believe Binance is running a real DEX, when it's NOT a DEX by any means! All the nodes verfiying the transactions on the network is ran and owned by Binance themselves, that's NOT decentralized at all!

Have you taken a look at Blocknet? They offer TONS of pairs.

More info here: https://blockdx.com/

As far as I know, Binance DEX is trustless system. Does the fact that they are verifying the transactions will impact negatively how their DEX works? Can you tell us more about what you mean?

Meanwhile, will have a look at Blockdx and let you know.

HOW can it be "trustless" if Binance can STOP the exchange? If they can STOP your withdrawl? If they can BAN YOUR ASS?

That's not how a TRUSTLESS exchange works buddy. Do some research on this topic, and you'll be surprised.

BINANCE DEX can STOP your withdrawal?    this exchange.....

Make fun all you want, but with Binance being in control of everything, with the nodes being the single most important thing to keep decentralized on ANY DEX, there is really  no limits as to what they can do with your funds. "Trustles" my ass. Binance is just afraid of the competition, which is why they tried to STEAL Blocknets DEX source code..

Source: https://www.youtube.com/watch?v=JSCAelH_iuk

hahah that's really true