Liquid peg-outs can only be performed by Liquid Federation members. However, for the regular user, there are many alternatives to exchange L-BTC for BTC through a third party. The options fall into two broad categories: Liquid member platforms (e.g. exchanges) that handle peg-outs on behalf of their users; Trading with other Liquid users through peer-to-peer (P2P) marketplaces. Warning: Always ensure that you have a method for converting L-BTC to BTC available before acquiring any L-BTC. Bitcoin Exchanges & Brokers The exchanges and platforms listed below offer services to convert L-BTC to BTC: Bitfinex (Guide) BtcTurk BTSE (Guide) Bull Bitcoin GOPAX Liquiditi Sideshift AI (Guide) The Rock Trading (Guide) TDEX (trustless peg-in/out) Note that some of these platforms may charge a small fee for the conversion. For the latest platform support, with details of peg-in, peg-out, and conversion services, see our complete list of Liquid-integrated platforms. P2P Swaps You can also trade L-BTC for BTC with other Liquid users. You can find willing buyers through private chat groups and forums, but usually, the easiest way to set up P2P trades is through non-custodial trading platforms: Bisq (Guide) Hodl Hodl (Guide) SideSwap (Guide)