DeFi is slowly and gradually replacing traditional financial systems with the help of blockchain and smart contracts.
XcelSwap (https://twitter.com/XcelSwap) is an automated market maker (AMM) based on Binance Smart Chain. The decentralized exchange provides access to premium DeFi services such as swapping, staking, liquidity, yield farming, and much more. With these services, users can earn interest and amazing rewards. The secure and reliable DEX lets users keep full custody of their assets and trade faster at much lower trading fees.
Many users simply want to move their digital assets from one chain to another and use dapps and other services more efficiently. So, Bridge is introduced. XcelLab has launched Bridge on XcelSwap. The bridge connects the Etherum blockchain network to the Binance Smart Chain network.
What is Bridge?
The bridge is an innovative approach targeting the issues of interoperability between different blockchain networks. Blockchain bridge is a connection that allows the secure transfer of coins and tokens between different networks that operate under different consensus mechanisms. Bridge combines the various advantages of different public chains and helps to easily access networks and interact with another chain’s decentralized applications.
XcelSwap Bridge (https://bridge.xceldefi.com/xld) enables connectivity and interoperability between Etherum and Binance Smart Chain Blockchains that operate under different consensus mechanisms. XcelDefi token holders can use the XcelSwap Cross-Chain Bridge to swap XcelDefi (XLD) ERC-20 Token for XcelDefi (XLD) BEP-20 Token across Etherum and Binance Smart Chain network easily and securely.
If you want to exchange the XLD ERC-20 token for the XLD BEP-20 token, here is the guide to lead you!
Benefits of XcelSwap Bridge to the Users
XcelSwap Bridge helps the holders of XcelDefi to reap the benefits of both Etherum and Binance Smart Chain.
Lower transaction fees and speedier transactions.The users from the Etherum network can access the data and resources available on the Binance Smart Chain network and vice versa quickly and easily.
Users can easily and securely execute dapps across both platforms.
Better user experience with low operating difficulties.
Secure private transactions.
XcelSwap supports the exchange between ERC-20 and BEP-20 tokens and has plans to add other compatible blockchain networks. Swap XcelDefi tokens across Ethereum and Binance Smart Chain network with ease using the XcelSwapToken Bridge (https://bridge-xld.netlify.app/xld). Enjoy the benefits of both networks!
If you haven’t yet invested in the native token of XcelLab Ecosystem (https://t.me/XcelToken), what are you waiting for? Buy the versatile utility token XcelDefi (XLD) on XcelSwap. Here (https://www.xcelswap.com/).