By reading the article “BSC To MATIC Bridge Tutorial” published in Adaas Investment Magazine, you will get acquainted with Bridge in Blockchain and how to bridge between Binance Smart Chain and Matic. This level of familiarity can be enough for you to invest in the cryptocurrency market.
There are many platforms for bridge operations between blockchains, and in this tutorial, we have chosen the Evodefi platform for the Bridge between BSC and MATIC blockchains.
To get started, first enter the Evodefi platform and in the menu of this website, select the Token Bridge option from the Bridge option.
Then, in this part of the platform, we try to connect our wallet, which contains tokens based on the BSC blockchain. Please note that the Evodefi platform currently supports limited tokens.
After connecting the wallet, in the specified field, enter the address of the destination wallet, which can also be our wallet. After selecting the desired blockchains, we proceed to the bridge between these two blockchains.
Bridge Innovation allows users to transfer tokens from one blockchain to another. For example, users for Yield Farming operations on some platforms need to lock a specific token on a specific blockchain in a smart contract.
Bridge innovation must be used to transfer these tokens from another network, for example from the Binance blockchain to the MATIC blockchain.
As you have read, sometimes for operations like Yield Farming, users need to place the token in the blockchain specified by the platform and then lock in the smart contract.
Sometimes decentralized application developers need to transfer tokens at a lower cost and faster. For example, the cost of transferring ERC-20 tokens to Ethereum Blockchain is high, and they want to transfer tokens through MATIC Blockchain, a Layer-2 project for Ethereum Blockchain. To do this, they need to use Bridge Innovation among blockchains.
At Adaas Capital, we hope that by reading this article you will be fully immersed in BSC to MATIC bridge tutorial. You can help us improve by sharing this article which is published in Adaas Investment Magazine and help optimize this article by submitting your comments.