Quote from: BlackBoss_ on Today at 02:04:22 PM

Bridges are risky and there are many big hacks in cryptocurrency through bridges.

Blockchain Bridges Hacks
A Timeline and History of Recent Cross-Chain Bridge Attacks | Analog Insights

Bridging your Bitcoin to another blockchain, you no longer have Bitcoin but have Wrapped tokens. These wrapped tokens are not bitcoin and you might not be able to bridge it back to Bitcoin and get your initial value. It depends on liquidity pool and that bridge, peg of the wrapped token.

Like you bridge 1 BTC to 1 Wrapped bitcoin on Avax, what if later you bridge it back and get like only 0.1 BTC?

Quote from: Husires on Today at 03:01:59 PM

In the last 3 years, hacking reports have occurred with bridges comparable to CEX, which means that the possibility of losing your money is higher, and there is a possibility that the price of Wbtc token will decrease compared to the price of Bitcoin.

I know about the bridges vulnerabilities and about the possible depeg problem of those wrapped tokens that's why I presented more and alternatives ways But I was asking for technical details on how to exchange BTC with another crypto (maybe a stable coin) on DEX. So I quote:

Quote

EXAMPLE:
If I bridge BTC on Optimism network (PS: I'm even asking how can I perform this, all the practical steps) and then exchange BTC for USDC, am I still at risk for a possible hack of the smart contract used to bring BTC from the native network to Optimism?

Quote from: buwaytress on Today at 02:08:04 PM

There is another, solution that doesn't require interaction between chains. P2P trading. It's actually one of my favourite liquidation methods, though mostly because I have my own "web of trust", get my cash fairly quickly (minutes, rather than hours) and get precise rates far better than a CEX or DEX Swap.

In fact, I'll be exchanging some Tether I've been holding for a while now for Bitcoin, that's probably going to be done P2P -- I send the guy my Tether, he sends me Bitcoin. You can find such traders on this forum's currency exchange sub-section.

Also, there is at least one gambling site I know with an internal exchange. That also breaks up the chain interaction without using a CEX, but you'd likely get in trouble if you only used the site as an exchange.

Quote from: BITCOIN4X on Today at 08:55:17 PM

So far I haven't tried any of the solutions discussed by the OP, but to me P2P still seems like a better option than the others. For me there are only two options, buying on a centralized exchange or P2P with only a few trusted users. Additionally, I'm not a fan of bitcoin between different chains, meaning it's just bitcoin, not wrapped bitcoin or anything else.

That's right, I didn't think about it.
Maybe something like bisq?

Quote from: Husires on Today at 03:01:59 PM

sideshift.ai is a KYC service, They can request your data at any time, with the possibility that your assets will be frozen.

I didn't know. This service was suggested elsewhere but if it actually works in this way, maybe I'll remove it from the list.

Quote from: nakamura12 on Today at 08:31:18 PM

Quote from: headingnorth on Today at 07:36:32 PM

I would never touch any altcoin network or bridge with a ten foot pole.

They are nothing but high-tech vehicles for committing fraud, scams and hacks and the idiots using them lose millions on a daily basis.

There are scams indeed and I don't know much about bridges and I only know one which is used in axie infinity. I don't know why OP think of that way as safe and I think it's what OP preferred to use when there's a high risk when using it. Anyway, I might use other ways to convert BTC but there's only one platform I am using to convert BTC to another crypto and you only have to send it and provide wallet address to receive the crypto you exchanged it to although there's not much crypto supported.

I don't really understand the point of those posts
I am precisely asking for information about the various possibilities so I can choose the best and safest one for my needs.
I didn't use any of the solutions presented. I reported them after looking about those a bit online and beacuse they exist and, I repeat, to ask you for advice. Especially from the practical point of view on how to do what is described.

Sorry if I insist but the central focus of the topic is also to have the specific notions on how to implement the chosen solution, I mean the various steps on how to complete the task.
Thanks and sorry because perhaps I didn't explain well at the beginning of the topic. Embarrassed