Liquid Bitcoin (L-BTC) is Bitcoin on the Liquid Network. It’s pegged 1:1 with regular BTC—so 1 L-BTC is always backed by 1 BTC locked in a multisig wallet secured by the Liquid federation.
You get L-BTC by doing a peg-in, which locks your BTC on the main Bitcoin network and issues the same amount as L-BTC on Liquid. You can also peg out to convert it back to BTC. AQUA lets you peg in and out directly from the app.
In AQUA, L-BTC is stored in your Spending Account (also called your L2 balance). You can use it for fast, private Bitcoin transactions, or to swap into Lightning, USDT, or back to BTC.
L-BTC confirms in about one minute and supports Confidential Transactions, which hide the amount being sent—giving you more privacy than regular Bitcoin, without giving up control.
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