{"id":8389,"date":"2022-06-28T14:54:43","date_gmt":"2022-06-28T14:54:43","guid":{"rendered":"http:\/\/ci02a44cd930002504"},"modified":"2025-10-01T13:00:06","modified_gmt":"2025-10-01T18:00:06","slug":"bitcoin-reserve-allows-purchase-of-blockstreams-liquid","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/bitcoin-reserve-allows-purchase-of-blockstreams-liquid","title":{"rendered":"Bitcoin Reserve Now Allows The Purchase Of Liquid Bitcoin"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><ul>\n<li>Bitcoin-only broker, Bitcoin Reserve, now allows its users to purchase L-BTC.<\/li>\n<li>L-BTC is a Liquid Asset used in Blockstream\u2019s layer two application for Bitcoin.<\/li>\n<li>The asset allows users to interact with the app for little-to-no fees, enhanced privacy, and more extensive features than found on the Bitcoin blockchain.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bitcoinreserve.com\" target=\"_blank\" rel=\"noopener\">Bitcoin Reserve<\/a>, an Estonia-based bitcoin-only brokerage belonging to the <a href=\"https:\/\/help.blockstream.com\/hc\/en-us\/articles\/900003013143-What-is-the-Liquid-Federation-\" target=\"_blank\" rel=\"noopener\">Liquid Federation<\/a>, now allows the purchase of Liquid Bitcoin (<a href=\"https:\/\/help.blockstream.com\/hc\/en-us\/articles\/900001408623-How-does-Liquid-Bitcoin-L-BTC-work-\" target=\"_blank\" rel=\"noopener\">L-BTC<\/a>) on its platform, per a press release sent to Bitcoin Magazine. <\/p>\n<p>L-BTC is a <a href=\"https:\/\/help.blockstream.com\/hc\/en-us\/articles\/900001543146\" target=\"_blank\" rel=\"noopener\">Liquid Asset<\/a>, or a token issued on <a href=\"https:\/\/blockstream.com\/liquid\/\" target=\"_blank\" rel=\"noopener\">Blockstream\u2019s<\/a> Liquid Network, which is a sidechain of Bitcoin. This sidechain is a layer two solution for Bitcoin \u2013 it temporarily takes transactions off chain to avoid high fees and wait times \u2013 which allows Bitcoin to scale. <\/p>\n<p>Also, Liquid Assets like L-BTC allow more use-cases in the ecosystem by providing higher levels of privacy through a process called <a href=\"https:\/\/help.blockstream.com\/hc\/en-us\/articles\/900001390743-How-does-Liquid-keep-my-transaction-data-confidential-\" target=\"_blank\" rel=\"noopener\">Confidential Transactions<\/a>. In short, confidential transactions hide both the type of asset and the quantity of the asset being used in a transaction from third-parties. However, Liquid users can still verify transaction amounts, the involved wallet balances, and the quantity of the asset involved.<\/p>\n<p>Additionally, Liquid allows the capacity to create stablecoins and enable the use of security tokens. The sidechain also enables low-to-zero fees and faster settlement with shorter one-minute blocks, compared to the 10-minute blocks for Bitcoin\u2019s mainchain.<\/p>\n<p>Of course, by removing transactions off chain, the <a href=\"https:\/\/help.blockstream.com\/hc\/en-us\/articles\/900002016823-What-is-the-Liquid-Network-\" target=\"_blank\" rel=\"noopener\">Liquid Network<\/a> still needs to keep track of units of bitcoin being used in transactions. Liquid represents those units of BTC with L-BTC on its own chain, until those units return back to the original Bitcoin blockchain. For every 1 L-BTC a user has on the Liquid Network, it represents 1 BTC with a 1:1 value. <\/p>\n<p>In addition to the L-BTC buy option for its Flash and Concierge services, Bitcoin Reserve will add a sell option in the near future. Concierge&nbsp;clients can also buy and sell the USDT (Liquid) stablecoin, with retail access coming soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Users of Bitcoin Reserve can now purchase Liquid Bitcoin (L-BTC) which enables the use of the Liquid Network, a layer two app for Bitcoin.<\/p>\n","protected":false},"author":2785,"featured_media":8390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[248,287,152,93],"class_list":{"0":"post-8389","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin-reserve","9":"tag-blockstream","10":"tag-liquid-network","11":"tag-news"},"author_data":{"id":2785,"name":"Shawn Amick","nicename":"shawn-amick","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/MjEwMTYzMzc3Njg5ODYzNjQ2-96x96.webp"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/video-francis-pouliot-on-liquid-network.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/8389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2785"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=8389"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/8389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/8390"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=8389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=8389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=8389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}