Swap cirBTC to Arkade
Instant, off-chain bitcoin. You keep the keys.
Arkade settles bitcoin off-chain without the channel management Lightning needs. You get instant payouts to an ark1 address while keeping unilateral exit to the Bitcoin chain.
It suits amounts that are too small to justify an on-chain fee but that you would rather hold yourself than route through a Lightning wallet.
Your cirBTC is traded for tBTC on a decentralized exchange in the same transaction that locks it. The rate stays close to 1:1 and is shown on the card, together with the fees, before you commit.
How it works
- 1Enter an amount and your Arkade address.
- 2Your cirBTC is converted to tBTC and locked in the swap contract on Ethereum.
- 3We lock the bitcoin on Arkade.
- 4You claim it, which releases the tBTC to us.
Questions
- What is an Arkade address?
- It starts with ark1 and comes from an Arkade-compatible wallet. Arkade is a shared-UTXO protocol on Bitcoin, so your funds stay under your own keys.
- How fast is it?
- Payouts are effectively instant, with no on-chain confirmation wait.
- Can I move Arkade bitcoin back to cirBTC?
- Yes. Flip the direction on the card and send from Arkade.
Other swaps
Independent service by Satora. Not affiliated with Circle.