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Topic: Aqua wallet - Bitcoin, Lightning, Liquid (Read 892 times)

legendary
Activity: 3122
Merit: 7618
Cashback 15%
April 25, 2024, 05:30:41 AM
#54
a new release of the aqua wallet has been published.
with the new 0.1.51 version (under the name 'bravo') there is now, among other things, the function of sending compatibility with lnurl pay and ln addresses
you can see the complete changelog here: https://github.com/AquaWallet/aqua-wallet/releases/tag/v0.1.51
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
This isn't directly related to the Aqua wallet, but then again, it could be in the future. Boltz exchange has drastically lowered the network fees for swaps between Lightning and Liquid Bitcoin. The fees have dropped from around 400 sats to 40 sats. They explain this change by saying that they are beta testing a liquid protocol upgrade which makes it possible to send transactions with fees of 0.01 sat/vByte instead of 0.1 sat/vByte.

There are some comments and discussions about it here:
https://twitter.com/Boltzhq/status/1782801788762026244
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
Fee is 1% (sideshift fee)  plus miners fees on both chains.
That's acceptable. But considering the Ethereum fees when engaging with smart contracts, the total fee is going to be much higher than 1% especially for smaller amounts. Seems like Aqua Wallet isn't taking a cut. Maybe they have an agreement with Sideshift which is outside of the scope of the article you provided.

Just watch out when you are using sideshift exchange, scammers started creating fake Tether tokens and they already scammed some users.
Are you saying that the scammers found a way to get their fake tokens onto the Sideshift exchange? I have never heard of that before. Usually when someone receives fake tokens, it's a P2P deal involving two private wallets and not from centralized exchanges. 
legendary
Activity: 2212
Merit: 7064
Cashback 15%
Fee is 1% (sideshift fee)  plus miners fees on both chains.
Correct.
Just watch out when you are using sideshift exchange, scammers started creating fake Tether tokens and they already scammed some users.
Real Tether is issued by tether.to (official domain) and scammers created their own fake tether with tether.rip  Tongue
This fake domain is still active but there is no website associated with it.

Quote
Domain Name: tether.rip
Registry Domain ID: 13bc86c111bf4bcbaab3d09ba75776d4-DONUTS
Registrar WHOIS Server: whois.namesilo.com
Registrar URL: http://www.namesilo.com
Updated Date: 2023-08-05T12:59:59Z
Creation Date: 2023-07-31T12:59:28Z
Registry Expiry Date: 2024-07-31T12:59:28Z
https://www.whois.com/whois/tether.rip
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
The most noticeable feature (brought by the latest 0.1.22 update) is support of available  swaps on Marketplace.
What's the liquidity like and how many assets can be swapped? Is this an internal exchange developed by the Aqua wallet team or have they partnered with something like Changelly or ChangeNOW to offer the swaps? I am asking because it will hopefully be a no-KYC and no AML-check swaps, and not a semi-scam service as the services I mentioned offer.

Advantage of Aqua wallet is that it has integrated swaps, and it can accept USDT from other chains and convert it to Liquid.
What's the fee for this conversion?

Fee is 1% (sideshift fee)  plus miners fees on both chains.

https://jan3.zendesk.com/hc/en-us/articles/22600605854747-Understanding-Tron-and-Ethereum-USDt-fees-in-AQUA
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
The most noticeable feature (brought by the latest 0.1.22 update) is support of available  swaps on Marketplace.
What's the liquidity like and how many assets can be swapped? Is this an internal exchange developed by the Aqua wallet team or have they partnered with something like Changelly or ChangeNOW to offer the swaps? I am asking because it will hopefully be a no-KYC and no AML-check swaps, and not a semi-scam service as the services I mentioned offer.

Advantage of Aqua wallet is that it has integrated swaps, and it can accept USDT from other chains and convert it to Liquid.
What's the fee for this conversion?
newbie
Activity: 13
Merit: 0
Are there any restrictions on exchanges? What is the maximum exchange amount at one time?
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
i mean if i what withdraw L-USDT from aqua. Where it can be swaped to simple USDT ?

Inside the wallet you can send to other blockchains.

You need to choose if you want to send Liquid USDT to another Liquid USDT wallet, or to ETH or TRON chain.

legendary
Activity: 2212
Merit: 7064
Cashback 15%
any desktop version ?
Not yet, but they are planning to release it.
Meanwhile you can use other alternatives like Blockstream Green wallet and Specter wallet.
Green wallet recently added coin control for Liquid assets, and you can also use it with jade hardware wallet or ledger nano s.

1)If I do a swap L-BTC to L-USDT, what kind of liquidity is there? How much can i change so that the exchange rate does not change?
2)What is the exchange rate? How close is it to Binance for example?
3)Where can I withdraw the L-USDT? how to change them to USDT erc-20 ?
Go and look for yourself.
I think they are using decentralized SideSwap and Boltz, but you can download app and check there, it's free.
https://sideswap.io/
https://boltz.exchange/

You can send to erc20 shitcoin address but I would never do that because of high fees.

i mean if i what withdraw L-USDT from aqua. Where it can be swaped to simple USDT ?
It's more complicated, not simple.
https://jan3.zendesk.com/hc/en-us/search?utf8=%E2%9C%93&category=16926860509083&query=usdt
newbie
Activity: 13
Merit: 0
i mean if i what withdraw L-USDT from aqua. Where it can be swaped to simple USDT ?
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
1)If I do a swap L-BTC to L-USDT, what kind of liquidity is there? How much can i change so that the exchange rate does not change?
2)What is the exchange rate? How close is it to Binance for example?
3)Where can I withdraw the L-USDT? how to change them to USDT erc-20 ?

it looks to the be a little smaller exchange rate

Right now is its L-BTC=69,906 USD
Coinmarketcap BTC =$70,265.27



You can send any chain USDT to aqua, it will convert automatically

Quote
SEND AND RECEIVE FROM OTHER CHAINS
AQUA’s allows you to accept payments from other chains like Ethereum or Tron without the risk of holding them by receiving them as USDt.
https://aquawallet.io/
newbie
Activity: 13
Merit: 0
1)If I do a swap L-BTC to L-USDT, what kind of liquidity is there? How much can i change so that the exchange rate does not change?
2)What is the exchange rate? How close is it to Binance for example?
3)Where can I withdraw the L-USDT? how to change them to USDT erc-20 ?
member
Activity: 367
Merit: 41
any desktop version ?
legendary
Activity: 2212
Merit: 7064
Cashback 15%
February 28, 2024, 03:09:35 PM
#41
I have no balance to check it, so please can you tell me if the wallet supports coin control for on-chain transactions? I could just fund my wallet and then try to see if I can choose coins, but I can't fund it at the moment, so I would appreciate it. Thanks.
Aqua wallet doesn't have coin control yet, but you can easily move coins or import keys to Blockstream Green desktop wallet and use coin control.
This wallet should be mainly used for L-BTC and L-USDT, and I suggest moving to hardware wallets for on chain Bitcoin.
For me Aqua is great wallet for situations like this when fees on chain are high.

The LN implementation is very good imo. The best I have ever seen.
If you only want to use Lightning Network I think that Phoenix wallet is better for that, and it will have cheaper fees.


sr. member
Activity: 406
Merit: 896
February 27, 2024, 09:28:32 AM
#40

The LN implementation is very good imo. The best I have ever seen.

I am surprised by the fact that so few mobile wallets support coin control. Such a basic feature, missing in basically every wallet. I miss coinomi  Undecided

For android I would suggest BlueWallet and Electrum. If you want to have the best features in a strong open source wallet. But the topic is about Aqua. I believe they should add coin control. Perhaps the should be told that in a feature request. But as I said, I am not entirely sure I will use it, so I won't request this feature for the time being. I think about sending some funds and using it strictly as an LN wallet. But I use Phoenix which is good so far and WoS for smaller amounts which is also good despite being custodial.
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
February 27, 2024, 09:20:26 AM
#39
I have no balance to check it, so please can you tell me if the wallet supports coin control for on-chain transactions? I could just fund my wallet and then try to see if I can choose coins, but I can't fund it at the moment, so I would appreciate it. Thanks.

I have only LN balance, so I can't confirm.

It doesn't look like they do. I see no option for that in the app menu

Yeap I thought so. It's better than WoS though because of it supporting Liquid and also being non custodial. I will give it a try and I will let people know. To be honest I am more interested in the LN aspect of the app.

The LN implementation is very good imo. The best I have ever seen.

I am surprised by the fact that so few mobile wallets support coin control. Such a basic feature, missing in basically every wallet. I miss coinomi  Undecided
sr. member
Activity: 406
Merit: 896
February 27, 2024, 09:13:26 AM
#38
I have no balance to check it, so please can you tell me if the wallet supports coin control for on-chain transactions? I could just fund my wallet and then try to see if I can choose coins, but I can't fund it at the moment, so I would appreciate it. Thanks.

I have only LN balance, so I can't confirm.

It doesn't look like they do. I see no option for that in the app menu

Yeap I thought so. It's better than WoS though because of it supporting Liquid and also being non custodial. I will give it a try and I will let people know. To be honest I am more interested in the LN aspect of the app.
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
February 27, 2024, 08:52:35 AM
#37
I have no balance to check it, so please can you tell me if the wallet supports coin control for on-chain transactions? I could just fund my wallet and then try to see if I can choose coins, but I can't fund it at the moment, so I would appreciate it. Thanks.

I have only LN balance, so I can't confirm.

It doesn't look like they do. I see no option for that in the app menu
sr. member
Activity: 406
Merit: 896
February 27, 2024, 03:32:52 AM
#36
I have no balance to check it, so please can you tell me if the wallet supports coin control for on-chain transactions? I could just fund my wallet and then try to see if I can choose coins, but I can't fund it at the moment, so I would appreciate it. Thanks.
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
February 26, 2024, 05:25:10 PM
#35
Aqua wallet released new version v0.1.30 few days ago so please update when you can:
https://github.com/AquaWallet/aqua-wallet

Liquid network released updated open source explorer version that has much more information about live federation audit system.
Design is very similar like well known mempool.space explorer for mainnet bitcoin:


https://liquid.network/

I just received my first lightning network transaction using aqua wallet.

Very straight forward.  No need to open a channel. Very simple to use and Very efficient.

The easiest implementation of LN I have seen so far
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