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el_cee
@web3_elcee
Building, Web3 Content creator, Writer||Ambassador @SpoutFi, @ChangpengPao, Trader
ๅŠ ๅ…ฅ March 2024
601 ๆญฃๅœจๅ…ณๆณจ    1.6K ็ฒ‰ไธ
๐—ช๐—ต๐—ฒ๐—ป ๐—บ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป๐˜€, ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐˜†๐—ผ๐˜‚ ๐—ฏ๐—ฟ๐—ถ๐—ฑ๐—ด๐—ฒ ๐—•๐—ง๐—– ๐—ผ๐—ฟ ๐˜€๐˜„๐—ฎ๐—ฝ ๐—ถ๐˜? The answer depends on what you want to hold at the end. Bridging $BTC into a BTC-backed token can preserve your Bitcoin price exposure on another network, while swapping BTC exchanges that exposure for an asset such as $ETH or $USDC. These are two different goals, and confusing them can lead to unnecessary transactions, extra fees and risks you did not intend to take. @build_on_bob explains the distinction in its guide to moving native $BTC across chains without wrapping it or using a centralized exchange: ๐‹๐ž๐ญ'๐ฌ ๐›๐ซ๐ž๐š๐ค ๐๐จ๐ฐ๐ง ๐ญ๐ก๐ž ๐ญ๐ซ๐š๐๐ž-๐จ๐Ÿ๐Ÿ๐ฌ. ๐Ÿงต
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