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Topic: Aqua wallet - Bitcoin, Lightning, Liquid - page 2. (Read 1501 times)

legendary
Activity: 2730
Merit: 7065
Ooo ... I don't need to continue if possible both need KYC in terms of purchasing Bitcoin.
I haven't checked if they require KYC, but such services do 99% of the time. Being an on-ramp to bitcoin and a bridge between the fiat and crypto worlds, it's only natural that you can't use their platforms and remain anonymous. They comply with whatever regulations their regulating authorities demand from them. So, expect KYC and SOF.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
I am sure both require KYC as they deal with fiat payments.

Ooo ... I don't need to continue if possible both need KYC in terms of purchasing Bitcoin. I think if using this feature can facilitate purchases without having to complete KYC.
Okay. Thank you for this.
Besides, what for the onramp and transfi services for me to use.
It is better for me to choose to use local exchanges like Indodax and Tokocrypto to buy because both of them have finished KYC.
legendary
Activity: 2730
Merit: 7065
For my region, I still do not fully understand how I can do it successfully in making a purchase because on select your payment provider there are two choices and both are still confusing.
Confusing as in there services are unknown to you? Those are just financial and cryptocurrency service providers that you can buy bitcoin with.

I am guessing this is Onramp > https://onrampbitcoin.com/
It's a custodial service.

This is TransFi > https://www.transfi.com/
It allows you to buy crypto with card payments and different e-wallets. It's a fiat to crypto and vice versa exchange, among other things.

I am sure both require KYC as they deal with fiat payments.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
I noticed that if you click in the Marketplace button,  it is already working.
Yes. That is functioning. Only the Pay Bills feature is still coming soon!

 

You can buy bitcoin with credit card or bank transfer from inside the wallet. It looks to be working in Brazil, but I didn't test it.

I have tried to test the Buy Bitcoin feature with a credit card and bank transfer on the Aqua Wallet Marketplace button.

For my region, I still do not fully understand how I can do it successfully in making a purchase because on select your payment provider there are two choices and both are still confusing.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
I hope the "pay bills" button starts working sometime , that would be quite useful for me if it is kyc free.
There are multiple ways to look at that. Aqua wallet will not know that John Smith paid his bills in bitcoin. But, of course, if you pay your phone bill with BTC, your service provider will know it's you who used bitcoin to pay the bill.

That's not big deal to me... I seek privacy, not to be fully anonymous.

As Eric hudges said:

Quote
Privacy is the power to selectively reveal oneself to the world.

I don't want to reveal all about myself all the time. But I can selectively reveal a few of my utxo to my phone provider.  This is what paying with bitcoin is about.

I think it is a nice alternative to always use a cex/fiat to pay for your bills
legendary
Activity: 2730
Merit: 7065
I hope the "pay bills" button starts working sometime , that would be quite useful for me if it is kyc free.
There are multiple ways to look at that. Aqua wallet will not know that John Smith paid his bills in bitcoin. But, of course, if you pay your phone bill with BTC, your service provider will know it's you who used bitcoin to pay the bill. Also, buying bitcoin with your credit card doesn't help you maintain your privacy through this wallet or any other.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
I noticed that if you click in the Marketplace button,  it is already working.

You can buy bitcoin with credit card or bank transfer from inside the wallet. It looks to be working in Brazil, but I didn't test it.

I hope the "pay bills" button starts working sometime , that would be quite useful for me if it is kyc free.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
Let me convey that the new release version 0.1.52 of Aqua Wallet has been published.
In the v0.1.52 release, Aqua Wallet now 1. adds mempool.space for Bitcoin fee estimates, with fallback to blockstream.info.
2. Bitcoin can now be sent with custom fees.
3. Added deposit addresses to the Transaction Details for swaps.



Source: https://github.com/AquaWallet/aqua-wallet/releases/tag/v0.1.52
legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
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
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
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
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: 2352
Merit: 6089
bitcoindata.science
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
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: 2352
Merit: 6089
bitcoindata.science
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
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: 2352
Merit: 6089
bitcoindata.science
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 ?
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