MultiversX Tracker is Live!

After Binance Bridge is gone how to convert real BTC to BEP or ERC tokens (and back)?

Binance

Cryptocoins Exchanges / Binance 769 Views

Binance say "Use available trustless cross-chain solution".

But the bridges I checked only allow BEP <---> ERC exchange, not real BTC.

The keyword is "trustless". Is there a "trustless" solution that work without KYC and is secure?

Or we need to use centralized exchange and hope that they will no lock our accounts and demand KYC?

The original announcement:

Binance Bridge Announcement

2021 has been an extraordinary year by any measure for Binance Smart Chain, including our 1st anniversary celebration. As the ecosystem grows, there are new decentralized products introduced, which already attracted more users.

As such, we would like to announce the ending of Binance Bridge services at 08:00 UTC on 25th November. This includes,

1.Binance Bridge web page

2.Binance Bridge API

Here are some alternatives if you need to move assets via cross chain,

Option 1: Use Binance.com service

If you are a registered user, you can convert popular assets between blockchains by

Deposit tokens to your Binance account

Withdraw tokens from Binance.com to any available blockchain.

Option 2: Use available trustless cross-chain solution. You can find more trustless bridge in this doc

submitted by /u/Ok_Ship_3552
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments