Wagyu swaps Bitcoin to Monero without an account or identity check. You send BTC on-chain to a one-time deposit address, the XMR leg trades on Hyperliquid's orderbook, and the coins arrive at the Monero address you choose. Fee 2%, shown in the quote before you send. Minimum about $40. About 25 minutes, most of it Bitcoin confirmations.
How the BTC to XMR swap works
- Enter the amount and your Monero address. The quote shows the rate, the 2% fee, the small Hyperliquid taker fee and the estimated XMR you will receive. The minimum for a Bitcoin deposit is about $40, the quote tells you if you are under it.
- Send BTC to the deposit address. Wagyu creates a durable order with a Bitcoin address and an exact amount. Send from any wallet or exchange withdrawal; on-chain Bitcoin only, Lightning is not supported.
- Wait for Bitcoin confirmations. This is the slow part: the network needs to confirm your transaction before the swap executes. The order page shows the stage it is in: confirming, routing, trading, sending.
- Receive XMR at your address. The Monero transaction is sent to the address you entered. Nothing stays on Wagyu, and the order page keeps the transaction id.
Fees, minimum and time for this route
- Fee: 2% of the amount, plus a Hyperliquid taker fee of about $1 on a $1,000 swap. Both appear in the quote; the quote is an estimate, the deposit amount is exact, and the final XMR can move with the market during execution.
- Minimum: about $40 of BTC. Below that the quote answers with the minimum in USD.
- Time: about 25 minutes end to end, mostly Bitcoin block confirmations. Large amounts are executed in slices (TWAP) to protect your rate and can take longer by design.
Times are approximate for the default network, from deposit detection to swap completion. Confirmations, order size and your selected network can change the timing. XMR can appear in your wallet before it becomes spendable.
Why swap BTC to XMR on Wagyu
Bitcoin is transparent by design: every payment you make from an exchange withdrawal can be followed on a block explorer. Moving into Monero ends that trail, which is why BTC to XMR is the most searched Monero pair. Most instant exchanges screen your deposit after receiving it and can park it in manual review. Wagyu screens before the swap: a blocked source address is refunded to its origin, and the compliance policy only allows freezing assets under a valid court order or an order from a duly authorised government authority. No sign-up, no email, one private session key per order to track it.
Frequently asked questions
How long does a BTC to XMR swap take?
About 25 minutes, most of it waiting for Bitcoin confirmations. The quote shows the estimate for your amount before you send.
What is the fee to swap Bitcoin to Monero?
2% of the amount plus a Hyperliquid taker fee of about $1 per $1,000, both shown in the quote. There is no fee added after the swap, but the final output follows the market during execution.
Is there a minimum?
Yes, about $40 of BTC on this route. The quote tells you the exact minimum in USD if your amount is below it.
Can I send from Lightning?
No. Wagyu takes on-chain Bitcoin only. Send from a regular BTC address, including an exchange withdrawal.
Do I need a Monero wallet first?
Yes. Wagyu sends XMR to the address you enter, so create a wallet (Feather, Cake Wallet, Monerujo or the official GUI) and paste its receiving address. Wagyu never holds your coins.
What happens if my BTC deposit is flagged?
Screening runs before the swap. If the source address is blocked, the transaction does not proceed and the funds are returned to the originating address. Your money does not enter a review queue.