Decentralized bitcoin trading

[zasad@]

1.https://bridge.renproject.io/

Press: connect wallet


2. Checking the price on Uniswap
https://app.uniswap.org/#/swap


https://info.uniswap.org/pair/0x81FbEf4704776cc5bBa0A5dF3a90056d2C6900B3

3.Enter the amount of bitcoins you want to exchange

Press next


You see all your commissions
Press confirm
4. send bitcoins to this address


5.Waiting for 6 confirmations


6.After 6 confirmations, signs the transaction using metamask


7.Checking tokens in the wallet


Now you can exchange your RenBTC for stablecollins on Uniswap. If you need your bitcoin, the refund process is the same. In point 3, select the "release"
You must understand that you can get back no more than 0.05 bitcoin (that is, no more than what you deposited)

I do not want to argue that you will pay more commissions, but your money will always be safe and centralized intermediaries will not be able to influence your exchange. The know your client procedure is not required.


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Decentralized Tokenized BTC
https://bitcointalk.org/index.php?topic=5288914

Thanks to the good YouTube channel.  I used pictures of them.
https://www.youtube.com/watch?v=gQYxU6fwX5o&feature=youtu.be

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[puremage111]

Yeah tokenize Bitcoin as an ERC20
Ren is doing it good

TBH i was skeptical against REN as i feel would people really tokenize their ERC20 just for the cheap fee and fast tx speed?
Seems like its a yes
Same to wrapped btc

The amount of Bitcoin on Ethereum Chain is getting more and more