Swap BTC to DAI on Ethereum
Swap BTC on Bitcoin for DAI on Ethereum.
Trade your BTC for DAI on Ethereum through a route optimized for native Bitcoin, non-custodial settlement and best rates.
Prefilled swap route
BTC
DAIOpens the app with this route prefilled.
How to swap BTC to DAI
- 1Choose your routeSelect send BTC and receive DAI on Ethereum.
- 2Connect your walletsConnect both your BTC wallet and your Ethereum wallet to receive your assets.
- 3Review the quoteCheck you are happy with the low fees charged by BOB Gateway.
- 4Confirm the swapApprove the transaction in your BTC wallet. Your DAI will land in your Ethereum wallet after average of 10 minutes.
- 1Choose your route + payout addressEnter your Ethereum address to receive DAI.
- 2Connect your walletConnect only your Ethereum wallet where you will receive your assets.
- 3Scan & pay the exact amountGateway generates a QR or BTC address; send the exact BTC amount from one of the listed exchanges before the end of the 10 minute window.
- 4Track settlementDAI arrives at your address; no BOB app account or seed phrase needed.
Why swap on BOB Gateway
Gateway is optimized for native Bitcoin swaps offering market leading rates for trades to stablecoins, tokenized gold and wBTC.
You never hand BOB your funds. Powered by Bitcoin Intents and atomic cross-chain swaps, you requested trade either settles or refunds.
You can swap and deploy directly from your favorite exchange, with no bitcoin wallet required.
What is DAI?
DAI is a decentralized stablecoin soft-pegged to the US dollar, issued by the Sky (formerly Maker) protocol on Ethereum.
Unlike centrally issued stablecoins, DAI is minted against on-chain crypto collateral, offering a censorship-resistant dollar for trading, savings, and DeFi.
DAI is an ERC-20 token governed by smart contracts and SKY holders, with its peg maintained through overcollateralization and stability mechanisms.
DAI is a DeFi-native staple, integrated into lending markets, DEXs, and yield protocols as one of the longest-running decentralized stablecoins.
What is Ethereum?
Ethereum is a decentralized smart contract platform, home to the majority of DeFi protocols, stablecoins, and tokenized assets.
Its native token, ETH, is used for gas fees, staking, and as core collateral throughout the ecosystem.
Ethereum uses Proof of Stake with hundreds of thousands of validators, and scales through Layer 2 networks like Arbitrum that inherit its security.
Ethereum hosts the deepest liquidity and most battle-tested applications in crypto, making it the default settlement layer for on-chain finance.
About Bitcoin
Bitcoin is the original and largest cryptocurrency. BOB Gateway lets you trade native BTC to and from Ethereum at the best possible rates, without needing to give up self-custody or trust a third party.
Related routes
How BOB Gateway works
You state the outcome (send X, receive Y) then a competitive solver network fills it at the best possible rate.
Gateway is optimized for native BTC swaps.
If for some reason a swap can't complete, you're automatically refunded. All funds still stay non-custodial throughout.
FAQs
Yes BOB Gateway is non-custodial. It uses atomic cross-chain swaps and an on-chain Bitcoin Light Client. At no point does BOB or any third party take custody of your assets. The protocol is trust minimized - solvers cannot take your Bitcoin without completing the swap, and you cannot receive tokens without sending BTC.
BOB Gateway offers some of the lowest fees on the market for BTC swaps. There are a few components include in your BOB Gateway quote: gas costs on the destination chain (estimated upfront and deducted automatically - you don't to hold the destination gas token), protocol fees, and any routing fees. Origin gas is not included in the quote and is calculated in your wallet when you sign the transaction.
On average average of 10 minutes. Although it is dependent on Bitcoin block times, which can be faster or slower depending on network activity.
BOB Gateway has undergone an independent security review by Pashov Audit Group.
Yes. Select the reverse route from the related routes on this page.
This route supports DAI on Ethereum. Choose a compatible Ethereum wallet in BOB Gateway.
Join the BOB Discord and submit a ticket. One of the BOB team will help you.
You can swap directly without creating an account or submitting any identity verification.