sideswap.io

What It Is

SideSwap positions itself as settlement infrastructure for the Liquid Network, while also offering non-custodial iOS/Android wallets and a peer-to-peer swap market. It emphasizes being “registration free” and “100% non-custodial,” allowing users to hold, send, receive, and exchange Liquid Network assets within a single wallet while retaining control of their private keys at all times.

Core Features and Asset Support

The platform focuses on the Bitcoin sidechain Liquid Network, supporting L-BTC, stablecoins, AMP security tokens, and Tokens, while also mentioning unified management of NFTs, bearer tokens, and securities. Market categories include Stablecoin, Amp, and Token, with example trading pairs such as L-BTC/USDt, AMP/L-BTC, AMP/USDt, and Token/L-BTC. Swaps use non-custodial order matching and on-chain settlement, supporting limit orders, market orders, online/offline makers, and a signing flow completed via PSET.

Fees and Security

Fee disclosure is relatively clear: both Peg-in and Peg-out server fees are 0.1%; for swaps, makers pay 0%, while takers pay 0.2% plus a fixed network fee. On security, SideSwap’s main selling points are its non-custodial model, user-controlled private keys, Liquid confidential transactions that can hide amounts and asset types, and PayJoin support. For hardware wallets, the main text only mentions Jade. Notably, the page does not disclose information about cold storage, an insurance fund, or security audits.

KYC, Compliance, and Fiat

The main text clearly states that trading requires no registration, but it does not explain a full KYC policy. AMP assets have transfer restriction properties: issuers can track ownership and decide whether transfers are allowed, making the system closer to controlled security-token infrastructure. Compliance and licensing, company jurisdiction, fiat deposits/withdrawals, bank cards, and local payment methods are not disclosed, so it should not be treated as a complete fiat trading gateway.

Pros, Cons, and Who It’s For

Its advantages are being non-custodial, having transparent fees, offering relatively deep coverage of Liquid assets, and providing a JSON-RPC WebSocket API. It is suitable for Liquid users, stablecoin traders, AMP asset holders, developers, and market makers. Its drawbacks are a relatively narrow ecosystem; ordinary users who mainly trade mainstream multi-chain assets may find it less convenient. There is also limited information on compliance, security insurance, and customer support.

Access from China and Alternatives

The main text does not provide information about access from mainland China, Chinese-language support, or local payment methods, so availability should be considered unknown. If SideSwap cannot be used reliably, Liquid wallet alternatives include Blockstream Green and AQUA Wallet. If the goal is broader crypto-to-crypto trading, mainstream centralized exchanges or other decentralized trading protocols may be worth considering.