Using Bitcoin on the Liquid Network (L-BTC) presents users with a variety of benefits, such as lower settlement fees, improved speeds, and a higher degree of anonymity. L-BTC is also required to cover transaction fees when trading other Liquid assets such as Tether (USDt) or when minting NFTs on Raretoshi.

To help you get started, we’ve compiled a list below of the fastest and easiest ways you can get L-BTC and convert it back to BTC (in alphabetical order).

Wallets, Swaps and P2P Platforms

AQUA

Type: Wallet

Conversion fees: 2.9% (US); 3.9% (international)

Open to US users: Yes (limited to certain states)

The AQUA wallet enables you to purchase L-BTC using a debit card, credit card, or Apple Pay via our payment partner Wyre. Due to the required fees, it's recommended you purchase amounts larger than $50.

Coinos

Type: Web wallet

Conversion fees: No additional fees

Open to US users: Yes

Coinos is an open-source web wallet that offers interoperability across Bitcoin, the Lightning Network, and the Liquid Network. The wallet allows you to create both custodial and non-custodial wallets within your account and seamlessly convert and send over any of the other two networks regardless of your deposit method.

Flyp.me

Type: Swap platform

Conversion fees: 1%

Open to US users: Yes

Flyp.me is an instant asset exchange platform that requires no registration. To change BTC to L-BTC, you simply enter the destination address of the L-BTC and the amount you want to convert. Be sure to enter the redemption address, in this case, the one for Bitcoin.

Hodl Hodl

Type: P2P trading & lending platform
Conversion fees: Subject to P2P market
Open to US users: Yes

Official L-BTC guide

Hodl Hodl is a global P2P Bitcoin platform that allows users to buy and sell BTC for L-BTC directly with each other anonymously. The platform also provides lending and borrowing services, in which users can borrow L-BTC against their BTC collateral, then later repay their loan in L-BTC to receive their BTC.

Liquiditi

Type: Swap platform and Telegram bot
Conversion fees: 1% (site fee guide)
Open to US users: No

Liquiditi is a service that allows you to convert assets issued on the Liquid Network in a fast and simple way. You can also swap mainchain Bitcoin (BTC) to Liquid Bitcoin (L-BTC) and vice versa through Liquiditi’s handy Telegram bot.

Sideshift AI

Type: Swap platform
Conversion fees: 1%
Open to US users: No

Official Sideshift AI L-BTC guide

Sideshift AI provides a simple, fast, and low-cost platform for swapping between BTC, L-BTC, and Liquid-based USDt.

SideSwap

Type: Mobile wallet & in-app swap platform
Conversion fees: Peg-in/peg-out 0.1%, in-app swap 0.75% (site fee guide)
Open to US users: Yes

SideSwap allows users to perform Liquid peg-ins and peg-outs and exchange assets, including BTC for L-BTC through an atomic swap. The conversion is fully settled within two minutes.

Exchanges

There are many exchanges available where you can seamlessly convert between L-BTC and BTC. Note that some of these platforms may charge a small fee for the conversion.

Available to US users:

Bisq (official L-BTC guide)

Coinut

Available to non-US users:

Bitfinex (official L-BTC guide)

BtcTurk

BTSE (official L-BTC guide)

Bull Bitcoin

GOPAX

HolyTransaction

Paymium

RenrenBit

The Rock Trading

Running Your Own Liquid Node

A Liquid node allows you to send and receive assets on the Liquid Network, verify transactions, peg in Liquid Bitcoin (L-BTC), verify the L-BTC supply, and issue new assets.

To process a peg-in yourself, follow our peg-in guide. Note you will need both a Bitcoin full node and a Liquid node to securely complete the process. To process a peg-out, you will need to go through one of the third parties previously mentioned.

Bear in mind that running a Liquid node and converting BTC to L-BTC yourself requires a moderate level of technical proficiency and around a day to confirm (102 Bitcoin blocks). Therefore, the solutions stated earlier will meet most users' needs.

Additional L-BTC Resources

For the latest platform support, with details of peg-in, peg-out, and conversion services, see our complete table of Liquid-integrated platforms. More integrations are always in development and will be added to the table when live, so be sure to check back frequently for updates.
If you have further questions or want to discuss Liquid with others, we recommend joining the Liquid Community Telegram group.