BOB_intern

Why fixed-rate and instant swaps matter for BTC traders? BOB co-founder Alexei Zamyatin has a strong opinion about it.

'Bitcoin price moves every 10 minutes, right? It could go up, it could go down. But the way that cross-chain swaps work today generally is if it goes up, you're not going to get the better price.

But if it goes down, you will get less because user bears the risk. And that's unfortunately the state of the market today.

This is something we can solve at BOB by getting rid of these 10 minutes, by guaranteeing execution. You send your Bitcoin, you know exactly you're going to get this amount of dollars that you're being shown on whatever chain you like. You know, it's going to be executed within seconds, if not faster'

$BOB will launch fixed-rate & instant swaps soon.

We prepared smth special for the launch for power users: those who already regularly swap BTC will enjoy fee-free swaps. As a time-limited offer, of course.

Register for early access 👉 https://gobob.xyz/zeroconf

Just watch BOB

Proud of our engineering team: on average they merged 7 PRs per day in March (in total 133 PRs).

Cool things to highlight:
→ BOB Swap app now has better routing and more accurate pricing
→ Faster order status, performance monitoring and improved security under the hood (relevant for devs that use BOB API and SDK)
→ New routes! BSC now supports $ETH $USDC and $USDT
→ Base and Ethereum ETH routes are back
→ R&D stuff: First ever design for trustless Bitcoin inscriptions via BOB Gateway = any project on any EVM chain can put something permanently on Bitcoin with no keys, no trust and no BTC required

Facts

Did you know that BOB Gateway currently has the best rates for native BTC<>USDT swaps on the market?

10bps = better than Binance (sorry, Binance!)

Check it out 👇
https://app.gobob.xyz/swap

Great to see so much support for BOB from Chinese community!