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Cross-chain swaps explained

A cross-chain swap trades one asset on one blockchain for a different asset on another, for example BTC for ETH, without you moving funds between chains yourself.

Last reviewed 2 min read

Movement
One asset → another
Chains
Source + destination
Wrapper
None
Deposit
One-time address

The problem it solves

Blockchains do not talk to each other. Bitcoin cannot natively send to an Ethereum address, and Solana cannot read an XRP balance. Moving value between them needs something that holds liquidity on both sides.

A cross-chain swap handles that for you. You send the asset you have on its own chain, and you receive the asset you want on its own chain.

How a deposit-address swap works

The flow has the same shape on every pair:

  • Pick the asset you send and the asset you want, and an amount.
  • Provide the address that should receive the result, and a refund address.
  • You get a quote and a one-time deposit address on the sending chain.
  • Send the exact amount to that address, on the right network.
  • The provider detects the deposit, performs the swap, and pays the output to your address.

Swap versus bridge

A bridge moves the same asset between chains, usually as a wrapped or representative token. A a swap converts one asset into a different one. Many users who search for a bridge actually want a swap, because they want the other chain's native asset.

Bridges can add steps and, for wrapped tokens, extra trust in the bridge. A swap that pays out the native asset avoids holding a wrapped token.

What to check before you send

How Sense Swap fits

Sense Swap compares independent swap providers, shows the quote and limits, and gives you a one-time deposit address. You do not connect a wallet, and we do not hold your funds.

Questions

What is a cross-chain swap?
A trade of an asset on one blockchain for a different asset on another blockchain, such as BTC for ETH.
Is a cross-chain swap the same as a bridge?
No. A bridge moves the same asset between chains, often as a wrapped token. A swap converts one asset into a different one.
Is swapping crypto safe?
Swaps carry risk. The common causes of loss are a wrong address, wrong network, or wrong amount. Check each detail, and read the limits and refund terms before you send.