diff --git a/Cargo.toml b/Cargo.toml
index 18299e11..4a070873 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -14,6 +14,7 @@ bitcoin = "0.25"
 serde = { version = "1.0", features = ["derive"] }
 serde_json = "1.0"
 tokio = { version = "0.3", features = ["full"] }
+log = "^0.4"
 futures = "0.3"
 rand = "0.7.3"
 itertools = "0.9.0"
diff --git a/src/main.rs b/src/main.rs
index a5089567..9833056e 100644
--- a/src/main.rs
+++ b/src/main.rs
@@ -35,7 +35,7 @@ fn generate_wallet(wallet_file_name: &PathBuf) -> std::io::Result<()> {
     let rpc = match get_bitcoin_rpc() {
         Ok(rpc) => rpc,
         Err(error) => {
-            println!("error connecting to bitcoin node: {:?}", error);
+            log::trace!(target: "main", "error connecting to bitcoin node: {:?}", error);
             return Ok(());
         }
     };
@@ -128,14 +128,14 @@ fn display_wallet_balance(wallet_file_name: &PathBuf, long_form: Option<bool>) {
     let mut wallet = match Wallet::load_wallet_from_file(wallet_file_name) {
         Ok(w) => w,
         Err(error) => {
-            println!("error loading wallet file: {:?}", error);
+            log::trace!(target: "main", "error loading wallet file: {:?}", error);
             return;
         }
     };
     let rpc = match get_bitcoin_rpc() {
         Ok(rpc) => rpc,
         Err(error) => {
-            println!("error connecting to bitcoin node: {:?}", error);
+            log::trace!(target: "main", "error connecting to bitcoin node: {:?}", error);
             return;
         }
     };
@@ -234,7 +234,7 @@ fn display_wallet_keys(wallet_file_name: &PathBuf) {
     let wallet = match Wallet::load_wallet_from_file(wallet_file_name) {
         Ok(w) => w,
         Err(error) => {
-            println!("error loading wallet file: {:?}", error);
+            log::trace!(target: "main", "error loading wallet file: {:?}", error);
             return;
         }
     };
@@ -245,14 +245,14 @@ fn print_receive_invoice(wallet_file_name: &PathBuf) {
     let mut wallet = match Wallet::load_wallet_from_file(wallet_file_name) {
         Ok(w) => w,
         Err(error) => {
-            println!("error loading wallet file: {:?}", error);
+            log::trace!(target: "main", "error loading wallet file: {:?}", error);
             return;
         }
     };
     let rpc = match get_bitcoin_rpc() {
         Ok(rpc) => rpc,
         Err(error) => {
-            println!("error connecting to bitcoin node: {:?}", error);
+            log::trace!(target: "main", "error connecting to bitcoin node: {:?}", error);
             return;
         }
     };
@@ -272,14 +272,14 @@ fn run_maker(wallet_file_name: &PathBuf, port: u16) {
     let rpc = match get_bitcoin_rpc() {
         Ok(rpc) => rpc,
         Err(error) => {
-            println!("error connecting to bitcoin node: {:?}", error);
+            log::trace!(target: "main", "error connecting to bitcoin node: {:?}", error);
             return;
         }
     };
     let mut wallet = match Wallet::load_wallet_from_file(wallet_file_name) {
         Ok(w) => w,
         Err(error) => {
-            println!("error loading wallet file: {:?}", error);
+            log::trace!(target: "main", "error loading wallet file: {:?}", error);
             return;
         }
     };
@@ -294,14 +294,14 @@ fn run_taker(wallet_file_name: &PathBuf) {
     let rpc = match get_bitcoin_rpc() {
         Ok(rpc) => rpc,
         Err(error) => {
-            println!("error connecting to bitcoin node: {:?}", error);
+            log::trace!(target: "main", "error connecting to bitcoin node: {:?}", error);
             return;
         }
     };
     let mut wallet = match Wallet::load_wallet_from_file(wallet_file_name) {
         Ok(w) => w,
         Err(error) => {
-            println!("error loading wallet file: {:?}", error);
+            log::trace!(target: "main", "error loading wallet file: {:?}", error);
             return;
         }
     };
diff --git a/src/maker_protocol.rs b/src/maker_protocol.rs
index ba78adc1..f0d26b83 100644
--- a/src/maker_protocol.rs
+++ b/src/maker_protocol.rs
@@ -66,7 +66,7 @@ struct ConnectionState {
 async fn run(rpc: Arc<Client>, wallet: Arc<RwLock<Wallet>>, port: u16) -> Result<(), Error> {
     //TODO port number in config file
     let listener = TcpListener::bind((Ipv4Addr::LOCALHOST, port)).await?;
-    println!("listening on port {}", port);
+    log::trace!(target: "maker", "listening on port {}", port);
 
     let (server_loop_comms_tx, mut server_loop_comms_rx) = mpsc::channel::<Error>(100);
     let mut accepting_clients = true;
@@ -133,7 +133,7 @@ async fn run(rpc: Arc<Client>, wallet: Arc<RwLock<Wallet>>, port: u16) -> Result
                 let mut line = String::new();
                 match reader.read_line(&mut line).await {
                     Ok(n) if n == 0 => {
-                        println!("reached EOF");
+                        log::trace!(target: "maker", "reached EOF");
                         break;
                     }
                     Ok(_n) => (),
@@ -229,7 +229,7 @@ fn handle_message(
         Ok(r) => r,
         Err(_e) => return Err(Error::Protocol("message parsing error")),
     };
-    println!("<== {:?}", request);
+    log::trace!(target: "maker", "<== {:?}", request);
     let outgoing_message = match request {
         TakerToMakerMessage::TakerHello(_message) => {
             connection_state.allowed_method = None;
@@ -271,7 +271,7 @@ fn handle_message(
             handle_private_key_handover(wallet, message)?
         }
     };
-    println!("==> {:?}", outgoing_message);
+    log::trace!(target: "maker", "==> {:?}", outgoing_message);
     match outgoing_message {
         Some(result) => Ok(Some(result)),
         None => Ok(None),
@@ -321,7 +321,7 @@ fn handle_proof_of_funding(
     for funding_info in &proof.confirmed_funding_txes {
         //check that the claimed multisig redeemscript is in the transaction
 
-        println!(
+        log::trace!(target: "maker",
             "tx = {:?}\nms_rs = {:x}",
             funding_info.funding_tx, funding_info.multisig_redeemscript
         );
@@ -364,7 +364,7 @@ fn handle_proof_of_funding(
         }
     }
 
-    println!("proof of funding valid, creating own funding txes");
+    log::trace!(target: "maker", "proof of funding valid, creating own funding txes");
 
     connection_state.incoming_swapcoins = Some(Vec::<WalletSwapCoin>::new());
     for (funding_info, &funding_output_index, &funding_output, &incoming_swapcoin_keys) in izip!(
@@ -414,7 +414,7 @@ fn handle_proof_of_funding(
     //set up the next coinswap address in the route
     let coinswap_fees = 10000; //TODO calculate them properly
     let incoming_amount = funding_outputs.iter().map(|o| o.value).sum::<u64>();
-    println!("incoming amount = {}", incoming_amount);
+    log::trace!(target: "maker", "incoming amount = {}", incoming_amount);
     let amount = incoming_amount - coinswap_fees;
 
     let (my_funding_txes, outgoing_swapcoins, timelock_pubkeys) =
@@ -435,11 +435,11 @@ fn handle_proof_of_funding(
             proof.next_locktime,
         )?;
 
-    println!("my_funding_txes = {:?}", my_funding_txes);
+    log::trace!(target: "maker", "my_funding_txes = {:?}", my_funding_txes);
 
     connection_state.pending_funding_txes = Some(my_funding_txes);
     connection_state.outgoing_swapcoins = Some(outgoing_swapcoins);
-    println!(
+    log::trace!(target: "maker",
         "incoming_swapcoins = {:?}\noutgoing_swapcoins = {:?}",
         connection_state.incoming_swapcoins, connection_state.outgoing_swapcoins,
     );
@@ -529,13 +529,13 @@ fn handle_senders_and_receivers_contract_sigs(
     //TODO add coin to watchtowers
 
     for my_funding_tx in connection_state.pending_funding_txes.as_ref().unwrap() {
-        println!(
+        log::trace!(target: "maker",
             "broadcasting tx = {}",
             bitcoin::consensus::encode::serialize_hex(my_funding_tx)
         );
         let txid = rpc.send_raw_transaction(my_funding_tx)?;
         assert_eq!(txid, my_funding_tx.txid());
-        println!("broadcasted my funding tx, txid={}", txid);
+        log::trace!(target: "maker", "broadcasted my funding tx, txid={}", txid);
     }
 
     //set these to None which might be helpful in picking up logic errors later
diff --git a/src/offerbook_sync.rs b/src/offerbook_sync.rs
index c8422bda..62065e24 100644
--- a/src/offerbook_sync.rs
+++ b/src/offerbook_sync.rs
@@ -31,7 +31,7 @@ async fn download_maker_offer(host: &str) -> Option<OfferAddress> {
     let mut socket = match TcpStream::connect(host).await {
         Ok(s) => s,
         Err(_e) => {
-            println!("failed to connect to: {}", host);
+            log::trace!(target: "offer_book", "failed to connect to: {}", host);
             return None;
         }
     };
@@ -54,7 +54,7 @@ async fn download_maker_offer(host: &str) -> Option<OfferAddress> {
     let mut line1 = String::new();
     match socket_reader.read_line(&mut line1).await {
         Ok(0) | Err(_) => {
-            println!("failed to read line");
+            log::trace!(target: "offer_book", "failed to read line");
             return None;
         }
         Ok(_n) => (),
@@ -62,15 +62,15 @@ async fn download_maker_offer(host: &str) -> Option<OfferAddress> {
     let _makerhello = if let MakerToTakerMessage::MakerHello(m) = parse_message(&line1)? {
         m
     } else {
-        println!("wrong protocol message");
+        log::trace!(target: "offer_book", "wrong protocol message");
         return None;
     };
-    println!("maker hello = {:?}", _makerhello);
+    log::trace!(target: "offer_book", "maker hello = {:?}", _makerhello);
 
     let mut line2 = String::new();
     match socket_reader.read_line(&mut line2).await {
         Ok(0) | Err(_) => {
-            println!("failed to read line2");
+            log::trace!(target: "oofer_book", "failed to read line2");
             return None;
         }
         Ok(_n) => (),
@@ -78,7 +78,7 @@ async fn download_maker_offer(host: &str) -> Option<OfferAddress> {
     let offer = if let MakerToTakerMessage::Offer(o) = parse_message(&line2)? {
         o
     } else {
-        println!("wrong protocol message2");
+        log::trace!(target: "offer_book", "wrong protocol message2");
         return None;
     };
 
diff --git a/src/taker_protocol.rs b/src/taker_protocol.rs
index c76254ef..a133888f 100644
--- a/src/taker_protocol.rs
+++ b/src/taker_protocol.rs
@@ -46,13 +46,13 @@ use crate::wallet_sync::{generate_keypair, CoreAddressLabelType, Wallet, WalletS
 pub async fn start_taker(rpc: &Client, wallet: &mut Wallet) {
     match run(rpc, wallet).await {
         Ok(_o) => (),
-        Err(e) => println!("err {:?}", e),
+        Err(e) => log::trace!(target: "taker", "err {:?}", e),
     };
 }
 
 async fn run(rpc: &Client, wallet: &mut Wallet) -> Result<(), Error> {
     let mut offers_addresses = sync_offerbook().await;
-    println!("offers_addresses = {:?}", offers_addresses);
+    log::trace!(target: "taker", "offers_addresses = {:?}", offers_addresses);
 
     send_coinswap(rpc, wallet, &mut offers_addresses).await?;
     Ok(())
@@ -76,7 +76,7 @@ async fn send_coinswap(
 
     let first_maker = maker_offers_addresses.last().unwrap();
     let last_maker = maker_offers_addresses.first().unwrap().clone();
-    println!("coinswapping to first maker1 = {}", first_maker.address);
+    log::trace!(target: "taker", "coinswapping to first maker1 = {}", first_maker.address);
 
     let (
         first_maker_multisig_pubkeys,
@@ -136,7 +136,7 @@ async fn send_coinswap(
 
     for maker_index in 0..maker_count {
         let maker = maker_offers_addresses.pop().unwrap();
-        println!("coinswapping to maker = {:?}", maker.address);
+        log::trace!(target: "taker", "coinswapping to maker = {:?}", maker.address);
         let maker_refund_locktime =
             REFUND_LOCKTIME + REFUND_LOCKTIME_STEP * (maker_count - maker_index - 1);
         let is_taker_next_peer = maker_index == maker_count - 1;
@@ -294,7 +294,7 @@ async fn send_coinswap(
     wallet.update_swap_coins_list().unwrap();
 
     let mut outgoing_privkeys: Option<Vec<SwapCoinPrivateKey>> = None;
-    println!(
+    log::trace!(target: "taker",
         "handing over hashvalue and privkeys to = {:?}",
         active_maker_addresses
     );
@@ -362,12 +362,12 @@ async fn send_coinswap(
         .await?;
     }
 
-    println!(
+    log::trace!(target: "taker",
         "my outgoing txes = {:#?}",
         my_funding_txes.iter().map(|t| t.txid()).collect::<Vec<_>>()
     );
     for (index, watchonly_swapcoin) in watchonly_swapcoins.iter().enumerate() {
-        println!(
+        log::trace!(target: "taker",
             "maker[{}] funding txes = {:#?}",
             index,
             watchonly_swapcoin
@@ -376,7 +376,7 @@ async fn send_coinswap(
                 .collect::<Vec<_>>()
         );
     }
-    println!(
+    log::trace!(target: "taker",
         "my incoming txes = {:#?}",
         incoming_swapcoins
             .iter()
@@ -417,14 +417,13 @@ async fn read_message(reader: &mut BufReader<ReadHalf<'_>>) -> Result<MakerToTak
             "EOF",
         ))));
     }
-    //println!("<== {}", line.trim_end().to_string());
 
     let message: MakerToTakerMessage = match serde_json::from_str(&line) {
         Ok(r) => r,
         Err(_e) => return Err(Error::Protocol("json parsing error")),
     };
 
-    println!("<= {:?}", message);
+    log::trace!(target: "taker", "<= {:?}", message);
     Ok(message)
 }
 
@@ -451,7 +450,7 @@ async fn handshake_maker(
         } else {
             return Err(Error::Protocol("expected method makerhello"));
         };
-    println!(
+    log::trace!(target: "taker",
         "protocol version min/max = {}/{}",
         makerhello.protocol_version_min, makerhello.protocol_version_max
     );
@@ -643,7 +642,7 @@ async fn wait_for_funding_tx_confirmation(
             if gettx.info.confirmations >= 1 {
                 txid_tx_map.insert(*txid, deserialize::<Transaction>(&gettx.hex).unwrap());
                 txid_blockhash_map.insert(*txid, gettx.info.blockhash.unwrap());
-                println!("funding tx {} reached 1 confirmation(s)", txid);
+                log::trace!(target: "taker", "funding tx {} reached 1 confirmation(s)", txid);
             }
         }
         if txid_tx_map.len() == funding_txids.len() {
@@ -653,7 +652,7 @@ async fn wait_for_funding_tx_confirmation(
         #[cfg(test)]
         crate::test::generate_1_block(&get_bitcoin_rpc().unwrap());
     }
-    println!("funding transactions confirmed");
+    log::trace!(target: "taker", "funding transactions confirmed");
 
     let txes = funding_txids
         .iter()
diff --git a/src/wallet_sync.rs b/src/wallet_sync.rs
index 12fbbc79..99318fb7 100644
--- a/src/wallet_sync.rs
+++ b/src/wallet_sync.rs
@@ -499,7 +499,7 @@ impl Wallet {
             return Ok(());
         }
 
-        println!("new wallet detected, synchronizing balance...");
+        log::trace!(target: "wallet", "new wallet detected, synchronizing balance...");
         self.import_initial_addresses(
             rpc,
             &hd_descriptors_to_import,
@@ -533,7 +533,7 @@ impl Wallet {
                     &[Value::String(rawtx_hex), Value::String(merkleproof)],
                 )?;
             } else {
-                println!("block pruned, TODO add UTXO to wallet file");
+                log::error!(target: "wallet", "block pruned, TODO add UTXO to wallet file");
                 panic!("teleport doesnt work with pruning yet, try rescanning");
             }
         }
@@ -667,7 +667,7 @@ impl Wallet {
         }
         let addr_type = path_chunks[1].parse::<u32>();
         if addr_type.is_err() {
-            println!("unexpected address_type = {}", path);
+            log::trace!(target: "wallet", "unexpected address_type = {}", path);
             return None;
         }
         let index = path_chunks[2].parse::<i32>();
@@ -874,7 +874,7 @@ impl Wallet {
             output_values.iter(),
             change_addresses.iter()
         ) {
-            println!("output_value = {} to addr={}", output_value, address);
+            log::trace!(target: "wallet", "output_value = {} to addr={}", output_value, address);
 
             let mut outputs = HashMap::<String, Amount>::new();
             outputs.insert(address.to_string(), Amount::from_sat(output_value));
@@ -937,7 +937,7 @@ impl Wallet {
             };
             self.sign_transaction(&mut spending_tx, &decoded_psbt);
 
-            println!(
+            log::trace!(target: "wallet",
                 "txhex = {}",
                 bitcoin::consensus::encode::serialize_hex(&spending_tx)
             );
@@ -1061,7 +1061,7 @@ impl Wallet {
             .iter()
             .map(|other_key| self.create_and_import_coinswap_address(rpc, other_key))
             .unzip();
-        println!("coinswap_addresses = {:#?}", coinswap_addresses);
+        log::trace!(target: "wallet", "coinswap_addresses = {:#?}", coinswap_addresses);
 
         let (my_funding_txes, utxo_indexes, funding_amounts) =
             self.create_spending_txes(rpc, total_coinswap_amount, &coinswap_addresses)?;