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If i borrow btc w/ a hf of 2, how

much would btc have to go up before i get liquidated?

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50% If you only have 1 collateral and 1 borrow you'll see a liquidation price.

h3lpfulBrother
50% If you only have 1 collateral and 1 borrow yo...

Hi , I have BTC on TRezor and i want to deposit it on Aave V1 ( Polygon ) So do i have to move it to Polygon network to deposit

h3lpfulBrother
Is it WBTC or BTC?

or whats the easiest option to deposit

Zed
or whats the easiest option to deposit

Generally the easiest way is to use an exchange to swap BTC -> USDC -> Polygon -> Buy WBTC

Zed
ok,what exchange can i do that

Or BTC-> WBTC -> Polygon if the exchange supports it. Which exchange are you using now?

h3lpfulBrother
Or BTC-> WBTC -> Polygon if the exchange supports ...

Have access to mostly all of the exchanges 😊

h3lpfulBrother
Generally the easiest way is to use an exchange to...

If i do this ( USDC -> Polygon -> Buy WBTC ) then the USDC would be on a different network

Zed
If i do this ( USDC -> Polygon -> Buy WBTC ) then ...

The USDC will be on whatever network you withdraw to. The main thing to check is that your can withdraw to the network you want to go to, which I believe is Polygon.

h3lpfulBrother
The USDC will be on whatever network you withdraw ...

👍 Would this option work BTC » MAtic » Quickswap Matic » WBTC

Zed
👍 Would this option work BTC » MAtic » Quickswap M...

Yep I would use 1inch.exchange for better rates than QS, esp for larger swaps.

Zed
👍 Would this option work BTC » MAtic » Quickswap M...

P.P.S if you are thinking about using Binance, double check withdrawals are not suspended.

h3lpfulBrother
P.P.S if you are thinking about using Binance, dou...

Thanks for the headsup , Binance does this all the time

h3lpfulBrother
Yep I would use 1inch.exchange for better rates th...

Thanks , will surely check . I have been using Quickswap quite regularly , never knew their rates were on the higher side . What do you think about Zapper - I believe they compare all the prices across all exchanges and give you the best offer .

Zed
Thanks , will surely check . I have been using Qui...

Using a dex aggregator like paraswap.io or 1inch will ensure you get the best rates, QS might be the best at the time, might not.

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