The Ren Protocol team now offers the ability to trustlessly swap BTC to renBTC, an ERC20 token on Ethereum. This means you can put your BTC to work with DeFi on Ethereum without having to go through any middleman or KYC.
Try it out at: bridge.renproject.io
For future tutorials on how to put your BTC to work on Ethereum, subscribe to: http://bankless.substack.com/
Video by: DeFi_Dad
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Disclaimer & Risks: This is not financial advice and you should approach all DeFi applications with caution. Please be aware there is always risk in using the RenBridge, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), and admin risk (admin key compromise, governance vulnerabilities).
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