BOB

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 in the market.

Prefilled swap route

Sell · BitcoinBTC
Buy · EthereumDAI
Swap on BOB Gateway →

Opens the app with this route prefilled.

How to swap BTC to DAI

  1. 1Choose your routeSelect send BTC and receive DAI on Ethereum.
  2. 2Connect your walletsConnect both your BTC wallet and your Ethereum wallet to receive your assets.
  3. 3Review the quoteCheck you are happy with the low fees charged by BOB Gateway.
  4. 4Confirm the swapApprove the transaction in your BTC wallet. Your DAI will land in your Ethereum wallet after about 10 minutes.

Why swap on BOB Gateway

Best rates, optimized for native Bitcoin

Gateway is optimized for native Bitcoin swaps offering market leading rates for trades to stablecoins, tokenized gold and a wide variety of Bitcoin wrappers.

Non-custodial & trust-minimized

You never hand BOB your funds.This is native BTCFi powered by Bitcoin intents and atomic cross-chain swaps.

Swap from your CEX

Use QR swaps to swap your BTC direct from an exchange or cold wallet, without needing to connect a Bitcoin wallet to the BOB app.

What is DAI?

DAI is a decentralized stablecoin soft-pegged to the US dollar, issued by the Maker (now Sky) 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 MKR 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 without giving up self-custody.

Related routes

How BOB Gateway works

Bitcoin intents

You state the outcome (send X, receive Y) and a competitive solver network fills it at the best rate.

Native BTC in and out

BOB Gateway is optimized for swaps to and from native BTC.

Settle or refund

If a swap can't complete, you're refunded. Funds stay non-custodial throughout.

FAQs

Yes. You never surrender custody of your funds.