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Author Topic: [ANN] SwapBridge.io - Swap your Coins Between Bitcoin and Ethereum Without KYC  (Read 98 times)
SwapBridge (OP)
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December 05, 2022, 11:11:54 PM
 #1

Hello everyone,

After a lot of coffee spent on developing and finally launching an Ethereum bridge last week, I'm happy to do my own announcement post here now.
Andy already did an announcement for the bridge in the Altcoin channel: https://bitcointalk.org/index.php?topic=5425902.new#new

While working on the project, I was interested in implementing a bridge for Bitcoin to Ethereum with wrapped BTC from the wbtc network.
I developed a deadbeat simple swap between the two native base currencies BTC and ETH.
Before going deeper into the WBTC bridge itself, I wanted to get some early feedback first.

Features:
- No KYC
- Fair rates and fees IMO
- Change of slippage to your liking

BTC to ETH: https://swapbridge.io/btc-eth-bridge/
ETH to BTC: https://swapbridge.io/btc-eth-bridge/

I did a comparison to Changelly, in which they gave me a quote of 1.3398 ETH for 0.1 BTC. SwapBridge offers 1.3416 ETH.
The rate is directly taken from Uniswap's ETH/WBTC pool with 0.25% and transaction fees deducted to cover costs.


Currently, I'm writing some blog articles, like the one I did on different Bitcoin address types while getting deeper into the bridging topic.
BTC address types: https://swapbridge.io/blog/different-bitcoin-addresses/

I'm hoping to build out the project, for it to become a one-stop platform to easily swap and bridge all common tokens and native coins between different blockchains.

Feel free to ask me any questions you might have.
Your feedback is greatly appreciated!

Best, Rob
SwapBridge, made with ♥ in Stuttgart and Barcelona
dkbit98
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December 06, 2022, 10:35:51 PM
 #2

I developed a deadbeat simple swap between the two native base currencies BTC and ETH
Is Bitcoin shown on your website really BTC bitcoin or some token on shitcoin blockchains?
When I hover over Bitcoin I am getting two more options for polygon matic and binance bsc, are those different tokens or bitcoin on those networks?
You didn't mention this anywhere and some people can get confused with this, but I think that maximum of 1 ETH that can be exchanged is very low.

I would also like to warn everyone that some of the biggest crypto hacks this year happened with ''bridges'' so I would be very careful using any of them.

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SwapBridge (OP)
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December 08, 2022, 04:02:36 PM
 #3

Quote
Is Bitcoin shown on your website really BTC bitcoin or some token on shitcoin blockchains?

yes, the BTC shown on the ETH-BTC and BTC-ETH swap is native BTC Bitcoin.

Quote
I think that the maximum of 1 ETH that can be exchanged is very low.

I will top up the amount of ETH and BTC in the pool soon, but first I want to see if there is an overall demand for the swap.
suzanne5223
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December 09, 2022, 01:22:04 PM
 #4

yes, the BTC shown on the ETH-BTC and BTC-ETH swap is native BTC Bitcoin.
I am happy to read it because this is the major drawback of most swap bridge exchange sites because they provided wBTC which is just a token, not real Bitcoin.
In the meantime, you need to buy a copper membership, do a marketable ANN thread, and if you thinking about doing an advertisement campaign on this forum to be ahead of competitors just like Crypton Exchange, Best Change, etc. You can contact me for both the advertisement and ANN and I will be glad to help.

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