BCGAME - Free 5BTC Daily Bonus!BSC DEX giant Pancakeswap was very impressed with how elegant the bridging capabilities through SafePal are.
In this article, we will discuss:
Introduction
In what is undoubtedly a stellar endorsement, Pancakeswap has thrown its weight behind the SafePal wallet as the best bridging utility for ERC-20 BEP-20 swaps. Pancakeswap made the recommendation in a recent post on its Twitter handle.
The post had a caveat: “it's not an advertisement, it's just a personal opinion”, making it clear that Pancakeswap must have been deeply impressed by giving SafePal such a high rating.
Pancakeswap was impressed with the speed and low rates they experienced when testing the app. The fact that the app doesn't require any KYC was another point that Pancakeswap thought was cool.
How to use SafePal Cross-Chain Bridge
1. Download the SafePal wallet. Get the app appropriate for your phone's operating system in this official link.
2. Open the app and configure it with a password and a login pattern / fingerprint.
3. Create / import a software wallet or pair the app with a hardware wallet. To do this, follow the instructions displayed on the screen. If you choose a software wallet, remember to back up your mnemonic phrase in a safe and private location for you.
4. At the bottom of the screen, click the two-way arrow to open the swap interface. The ERC-20 BEP-20 bridge is built in. To use the bridge, select a token in one format and the same/another token in a different format. In this example, we will swap BEP-20 BUSD to ERC-20 BUSD.
5. Select the two tokens on the networks you want to bridge. Here, we have selected BEP-20 BUSD on the 'from' side and ERC-20 BUSD on the 'to' side.
6. Review the details on the confirmation screen. Click 'Swap' if everything is in order. To approve the order, enter your security password and click 'confirm' to execute the transaction.
7. On the 'Order Status' screen, you would see the estimated time for the transaction to complete. This time depends on the network status blockchain that moment. Once the transaction is complete, the 'Success' tab will change color.
9. Check the Assets tab of your wallet and see the new bridged token.
Last words
It’s that simple to use SafePal’s ERC-20 BEP-20 bridge in the SafePal app. In fact, using the bridge is very straightforward. However, there is a minimum amount for each pair of tokens to be bridged. For our example, 200 BEP-20 BUSD was the minimum. Note that you would need to have some BNB or ETH to pay the minimum gas fees (in our example, $0,2636) when bridging either network.
About SafePal
SafePal is a portable yet versatile cryptographic wallet. It has many built-in features that make it a complete and easy-to-use encryption management wallet. Backed by cryptographic giant Binance, SafePal has seen its worldwide user base surpass 2 million users.
