Liquid Bitcoin or L-BTC is a separate token that is different from the main chain Bitcoin and runs on a separate blockchain known as the Liquid Network. The Liquid Network issues L-BTC based on Bitcoin locked in a multi-sig with one of their node operators.
Main-chain Bitcoin can be pegged into the network and used as L-BTC and pegged out using any of the supporting exchanges and wallet services.
To buy Liquid Bitcoin, you have to use an exchange that supports the chain and lists the asset with the ticker (L-BTC) and remember if you are going to custody L-BTC, you will need to use a wallet that is specifically designed to support Liquid Bitcoin or Peg out into main-chain Bitcoin first before sending it to a standard Bitcoin wallet.
How To Buy Liquid Bitcoin
If you’re ready to buy L-BTC you can source it via one of the following exchanges that support the Liquid Network
Bitfinex is a Hong Kong-based cryptocurrency exchange owned and operated by iFinex Inc., which is headquartered in Hong Kong and registered in the British Virgin Islands. Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.
Find out more about Bitfinex
RenrenBit is a Peer-to-peer lending and wallet start-up that started in 2013 and operates out of Singapore, Central Region, Singapore.
Find out more about RenrenBit
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