UNI to BTC: Exchange Uniswap Tokens for Native Bitcoin, No KYC

UNI gives its holders a vote on how the Uniswap protocol runs: protocol changes, fee structures, treasury allocations. If you never use that vote, or your interest in decentralized exchanges has faded, you are holding an asset whose main feature you are not using.

Bitcoin has no such vote. There is no treasury to allocate and no protocol team to back, only a proof-of-work chain with no central authority, and many holders keep it as a long-term store of value. Going from UNI to BTC swaps a stake in one protocol's decisions for the largest cryptocurrency by market value.

That is a real change of exposure and not a move of the same value. Your balance will follow Bitcoin's price from now on, which you can check on the Bitcoin price page. Going the other way later means BTC to UNI.

These two assets sit on separate chains and follow different rules, so the details you need on each side do not carry over. Use this table when you fill in the form.

The row that catches people out is the fee row. You pay gas in ETH on the way in, even though neither coin in this swap is ETH.

The tokens must be free in a wallet you control, as an ERC-20 balance on Ethereum. Uniswap's protocol also runs on chains such as Polygon, Arbitrum and Optimism, so check where your balance really is. If it's elsewhere, bring it to Ethereum before you begin. Tokens you have supplied to a liquidity pool have to be withdrawn from the pool first.

Then look at the ETH in that same 0x address. A transfer of UNI costs gas, paid in ETH, and an empty balance means the deposit will not leave. A wallet such as MetaMask or Rabby shows you the current estimate before you approve it.

Nothing else is needed on the transaction. No memo, tag or extra ID applies to UNI, and you make a plain token transfer to the address shown, without connecting your wallet to this site.

1. Put UNI in the send field and BTC in the receive field, then enter how much UNI you want to swap and check it clears the minimum.
2. Fill in the Bitcoin address for the payout and the Ethereum address your UNI sits in.
3. Transfer the stated UNI amount from your Ethereum wallet to the one-time deposit address, with gas paid in ETH.
4. When the deposit has confirmed, receive BTC at your bc1, 3 or 1 address and follow it on mempool.space.

Your Ethereum wallet cannot give you a Bitcoin address, so prepare one in Sparrow, Electrum or a hardware wallet. Anything that begins with bc1, 3 or 1 is accepted. Paste it, then read the opening and closing characters against the wallet itself, since a Bitcoin payment is final once it goes out.

This payout is native BTC on the Bitcoin network. You do not end up with a token that represents bitcoin on Ethereum, and there is no bridge step to manage later. It also means no further ETH or gas planning once the coins arrive, because BTC pays its own network fee.

Timing has two parts. Ethereum takes about 2–5 minutes to confirm your UNI on Etherscan, most swaps finish within minutes from there, and Bitcoin then confirms the payment in one to three blocks.

Your BTC figure is priced using aggregated liquidity from leading crypto markets, and it moves with the market until the UNI deposit confirms. Before you send, the box tells you the BTC you would get after fees.

The form is short for one reason: GhostSwap is a no-KYC crypto exchange: there's no account, and we never ask for your name, email, phone number or identity documents to start a swap.

If a swap cannot be completed, the coins are refunded to the sender address you entered. For you, that means UNI back at your Ethereum sender address, so enter one from your own wallet and avoid an exchange deposit address. If the status page has not moved in a long while, reach support@ghostswap.io with the swap ID and your Ethereum transaction hash. Don't send UNI again in the meantime.