Post
Topic
Board Bitcoin Discussion
Re: ERC20 to Bitcoin without KYC ?
by
cedricfung
on 21/07/2023, 11:24:35 UTC
Let's say I'm an Ethereum whale with x million assets in Ethereum.

Is there a way to convert my Ethereum or USDT / USDC to Bitcoin without KYC?

Bisq or HodlHodl are attractive, but the liquidity there is too low for me.

To be honest, central swaps like SimpleSwaps are too risky for me, the past has shown where this can lead.

My idea would be to use wallets like Exodus / Incognito / Ledger / Trezor and convert the Ethereum into Bitcoin in smaller 10 - 20k steps.
Then whirlpool everything and put it on my cold wallet.

Do you maybe have better suggestions for me?

Maybe try https://app.pando.im with MetaMask?

A single transaction with millions could cause big slippage, but you could do a few hundreds of thousands.