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What is currently the most cost effective and secure method of swapping on chain sats to Liquid-BTC? I'm aware of Sideswap, Sideshift AI, Bisq, flyp.me and TDEX but is there one of those that wins significantly, cost wise, over the other or another option?

Huey 2y ago

I have used Tdex and SideSwap for peg-ins. Tdex does a "real" peg-in every time, forcing you to wait 102 blocks whereas SS will handle small amounts instantly, which I assume they use their own balance for. I generally use SS myself although I prefer to hold funds in GreenQT.

Sideswap peg-in fees

0.1%

Tdex peg-in fees

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Discussion

SovereigntyQuest 2y ago

"I generally use SS myself although I prefer to hold funds in GreenQT." Just wanted to clarify that, you mean you're holding BTC on chain in Green and peg-in from that stack?

Huey 2y ago

No I mean I peg-in using SS and then send (most of) the L-BTC to GreenQT for storage. I'm not as comfortable holding funds in the SS wallet.