When we started working on what would become Sparkswap over two years ago, it was due to a deep belief in the importance of Bitcoin to the future of the world financial system, and the importance of self-custody to the future of Bitcoin.

We built Sparkswap to enable what we see as a core financial activity — trading — without sacrificing self-custody, which is so fundamental to the value that Bitcoin provides. …

After months of hard work, we’re proud to announce Sparkswap Desktop, our new product for buying Bitcoin from your bank account directly to your Lightning Wallet.

At Sparkswap, we’ve been pioneers of Lightning Network atomic swaps for trading, and now we’re using that same technology with the trading pair we use the most: Bitcoin and USD. Not only that, we’ve packaged¹ it up for use on Windows, macOS, or Linux.

We’ve taken our core belief that trading shouldn’t require you to give up custody of your assets, and combined it with the best of traditional fiat on-ramps: clear pricing, instant purchases, and USD bank integration. …

After months of hard work, I’m excited to announce that Sparkswap, the first cryptocurrency exchange built on Lightning Network Atomic Swaps is live for trading on MainNet in its Public Beta.

Sparkswap is a new way to trade cryptocurrency without giving up control of your assets and exposing them to theft and loss. But unlike other non-custodial exchanges, Sparkswap lets you trade across blockchains (including Bitcoin) and trades settle in a few seconds — comparable with centralized and custodial cryptocurrency exchanges.

Image for post
Image for post

For the first time, non-custodial trading will be truly competitive with the custodial exchanges. By taking advantage of the Lightning Network, traders on Sparkswap do not have to sacrifice execution and settlement speed to keep custody of their assets. …

Get the Medium app