Swap Β· Cross-chain

Swap ETH β†’ ATOM

BSC.ETH β†’ GAIA.ATOM Β· native-to-native cross-chain swap.

FAQ

Frequently asked questions

How can I swap ETH to ATOM without KYC?

Swapping ETH β†’ ATOM on THORChain Without KYC

You can swap ETH (on Binance Smart Chain) to ATOM (on Cosmos Hub) without KYC using decentralized cross-chain protocols like THORChain, since it’s non-custodial and doesn’t require identity verification.

Why THORChain Enables Non-KYC Swaps
- Non-custodial design You retain control of your funds at all times via your wallet. THORChain never holds your assets.
- Decentralized liquidity pools Swaps are handled through on-chain liquidity pools, removing the need for accounts or KYC checks.
- Cross-chain capability Swap assets across different blockchains (Binance Smart Chain β†’ Cosmos Hub, Binance Smart Chain β†’ Cosmos Hub, etc.) without registration.

Key Benefits of Non-KYC Swaps
- Privacy: Only wallet addresses are used; no personal info required.
- Speed: Direct wallet-to-wallet swaps are faster than traditional exchanges.
- Global Access: Anyone can swap tokens, even in regions where centralized exchanges are restricted.
- Security: Funds stay in your custody until the swap is executed.

βœ… No KYC, no accounts, no custodial risk β€” just direct cross-chain swaps.

Swapping ETH for ATOM on THORChain β€” How Does It Really Work?

A Swap on THORChain works this way
THORChain allows cross-chain swaps without a centralized custodian. THORChain uses its Rune-powered liquidity pools to handle native to native L1 swaps.

Step 1: ETH Deposit
- Send ETH to a THORChain vault address.
- THORChain nodes detect the deposit on Cosmos Hub and update the internal ledger.

Step 2: Conversion via Rune
- THORChain swaps ETH β†’ Rune internally.
- Rune is then swapped β†’ ATOM according to pool liquidity.

Step 3: ATOM Output
- The network sends ATOM to your Cosmos Hub address.
- ATOM comes from the liquidity pool on THORChain, not a centralized mint.

Fees & Slippage
- Swap Fee: ~0.3% (pool- and interface-dependent).
- Network Fees: Cosmos Hub transaction fees.
- Slippage: Possible due to AMM pool liquidity.

Key Points
- Decentralized: No custodian; THORChain nodes handle cross-chain liquidity.
- Rune as intermediary: All swaps go through Rune (ETH β†’ Rune β†’ ATOM).