Liquid confidentiality and PIX conversion
Liquid may conceal transaction amounts and assets on the network. This does not make users anonymous or remove checks in PIX conversion.
PIX and Liquid have different properties. Liquid confidentiality for amounts and assets does not make users anonymous or determine which information may be processed during PIX conversion.
Depix.Online provides a DePix-to-PIX conversion flow through the platform and payment partners. Liquid confidentiality does not determine which information is processed or displayed during payment.
How a DePix sale through Depix.Online works
You need DePix in a Liquid wallet, access to the platform and an eligible PIX key under the order rules.
- Open the platform and provide the information requested for the order
- Choose to sell DePix
- Provide an eligible PIX destination key under the order rules
- Enter the amount you want to sell
- The platform provides a Liquid address and the order amount
- You send the DePix from your wallet to that address
- The platform and payment partners process the conversion and PIX payment under applicable rules
- Payment processing and displayed information depend on the payment partner rules
Depix.Online provides a DePix-to-Reais conversion flow through the platform and payment partners. The cost is the processing fee, shown on screen before you confirm anything.
What Liquid confidentiality covers
Payment methods process and display information according to their own rules.
Direct PIX: Your Identity Travels With It
- A direct PIX may display payer details on the receipt, subject to the arrangement rules
- Your bank records the amount, date, time and counterparty
- The institutions involved maintain transaction records under their applicable rules
- Data handling depends on the services involved
Liquid: confidentiality for amounts and assets
- Liquid, a second-layer network, may conceal transaction amounts and assets
- Liquid, a second-layer network, can conceal transaction amounts and assets
- Confidential amounts do not make users anonymous or remove other transaction data
- Confidential amounts and assets are not anonymity and do not remove checks in PIX conversion
Selling DePix: limits of confidentiality
- Liquid confidentiality does not determine which information the payment partner receives or displays to the recipient
- Liquid uses Confidential Transactions, which conceal the amount and asset type moved on this second-layer network
- You send DePix from a Liquid wallet; checks that apply to PIX conversion still remain
You (DePix) → Liquid wallet → Depix.Online → PIX
confidential amounts partner conversion subject to applicable rulesWhat Liquid confidentiality covers, and what it does not
How Liquid confidentiality works
Liquid, a second-layer network, may conceal transaction amounts and assets. This does not make users anonymous or remove services, checks or conditions involved in PIX conversion.
With Direct PIX, the Bank Decides
- The bank can hold the funds for a security review, without warning
- It applies per-transaction and per-period caps that vary between institutions
- It can block the whole account on suspicion
- The MED refund mechanism allows a dispute to be raised within 80 calendar days
- If the institution is down, you cannot pay anyone
A DePix sale involves separate steps
- The DePix transfer starts from your wallet and may be followed by checks during PIX conversion
- Applicable limits depend on order rules and are shown by the platform
- PIX conversion may involve reviews or delays
- PIX conversion availability depends on the platform and payment services involved
- A confirmed transfer on Liquid may not be reversible; this does not determine the outcome of other PIX conversion steps
Transfers and conversion are separate steps
Where This Makes Sense in Practice
Hiring a One-Off Service
Selling DePix involves the platform and its payment partners. Do not assume Liquid confidentiality determines which information is processed or displayed during the PIX step.
Buying From a Stranger
For marketplace purchases or private sales, confirm the destination details and payment conditions with the other party. Liquid confidentiality does not determine what information may be processed during PIX conversion.
Supporting a cause with a Liquid wallet
A Liquid transfer does not determine which information a payment partner processes when a DePix sale is converted into a PIX payment.
Sending Money to Someone Starting From Crypto
Selling DePix converts the asset into Reais through the platform and payment partners. Eligible PIX keys and required information depend on the order rules.
Paying a supplier through a DePix conversion
A small business can request a PIX payment from a DePix sale to an eligible key. The platform and payment partners process the conversion under the applicable order rules.
The Full Walkthrough
1. Have DePix in Your Wallet
You need the balance first. You may have bought it on Depix.Online, received it from a client, or swapped into DePix on DepixSwap. If you are just starting, buy a small amount purely to walk the flow once. The purchase steps are in the guide on what DePix is.
2. Have a Liquid Wallet
- Blockstream Green, the most straightforward for beginners
- SideSwap, which brings swapping built into Liquid itself
- Any other wallet supporting Liquid assets
If you do not have one yet, creating it takes about five minutes and the only serious step is writing the 12 recovery words on paper.
3. Open the Platform and Choose to Sell
Open the platform and provide the information requested for the order.
4. Enter the Destination PIX Key
- Tax ID of the account holder who will receive
- Random key
- E-mail registered as a PIX key
- Phone number registered as a PIX key
5. Enter the Amount and Review the Fee
Applicable limits depend on order rules and are shown by the platform. The fee appears before confirmation.
6. Send the DePix to the Generated Address
The platform returns a Liquid address starting with lq1 or VJL, along with a QR code and the exact amount of DePix to send. You leave the site, open your wallet, paste the address and confirm.
Check the address before sending
7. Wait for Processing
The network confirms your transaction in a few minutes, but sending the PIX can take a few hours in some cases. It is not instant like a direct bank-to-bank PIX, and that matters if you promised someone a deadline.
8. The Recipient Gets Paid
The key you named receives an ordinary PIX, net of the fee. From the recipient's side there is nothing unusual about it compared with any other PIX.
Tracking and Getting a Receipt
Telegram Notifications
This is the most practical route. With notifications on, you get an automatic message the moment the PIX is fired, the record stays in the conversation, and you can forward it to the recipient if they ask for proof.
Receipt by E-mail
If you need something more formal, for bookkeeping for instance, keep the transaction identifier and request the receipt by e-mail from Depix.Online.
What the Receipt Contains
- DePix amount sent and Real amount processed, net of the fee
- Destination PIX key
- Liquid transfer identifier
- Date, time and final processing status
Head-to-Head With Traditional PIX
Paying by direct PIX and paying by selling DePix
| Aspect | Direct PIX | Selling DePix |
|---|---|---|
| Recipient sees who paid | Depends on payment-partner processing | |
| Record at your bank | Complete, with counterparty | Only the DePix purchase, if any |
| Intermediary | Your bank and theirs | The platform, only for conversion |
| Limit | Varies by bank, lower at night | Limits set by the order rules |
| Availability | 24/7, subject to the bank | 24/7, processed within hours |
| Speed | Seconds | Minutes to hours |
| Reversal | A Liquid transfer may not be reversible; PIX conversion remains subject to applicable mechanisms |
Liquid provides confidentiality for amounts and assets on the network, while PIX conversion remains subject to applicable checks, processing and records.
Conclusion
Selling DePix converts a crypto asset into reais through the platform and payment partners. Liquid confidentiality does not make users anonymous or determine which information is processed or displayed during PIX conversion.
Liquid confidentiality applies to amounts and assets on that network. It does not make users anonymous, remove checks or records in PIX conversion, or change applicable obligations.
To get started, set up a Liquid wallet, buy a small amount of DePix and make a test payment. If you want to see the other exit routes first, the DePix conversion guide compares them all, and the article on how safe the platform is details the custody model.
This content is educational and informational and does not constitute financial, legal or investment advice. Digital assets involve risk.
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