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Home»Blockchain»WAX launches enhanced multi-chain NFT and token bridge
Blockchain

WAX launches enhanced multi-chain NFT and token bridge

2024-06-07No Comments2 Mins Read
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WAX is excited to unveil the upgraded WAX Multi-Chain Bridge, a major leap forward in its ecosystem that integrates multiple blockchains. This latest development offers an improved user interface and experience, allowing users to seamlessly transfer NFTs and tokens across networks without incurring any fees. The move aims to simplify asset mobility within the blockchain space and improve Web 3 accessibility for users.

🌐 Multi-Chain magic is here!

WAX is now the hub for easy token transfers between major chains, without the need for additional fees. Expand your connectivity and discover new possibilities.

Find out how: https://t.co/OotVJbRBci.

— WAX ​​​​(@WAX_io) June 5, 2024

The WAX ​​Multi-Chain Bridge is a crucial connector between several blockchain platforms, including Ethereum, Binance Smart Chain, Polygon and Polygon zkEVM. It houses the unique features of each network, such as the liquidity of Ethereum and the easy-to-use transaction capabilities of WAX. The bridge supports a variety of tokens and NFTs, promoting interoperability and asset diversification, which are essential for a comprehensive blockchain experience.

User Guide to NFT and Token Transfers

Users can access their Cloud Wallet by visiting mycloudwallet.com/nft-bridge and selecting ‘NFT Bridge’ from the main menu. After connecting their EVM wallet, they choose the origin and destination for their NFTs, choose their preferred NFT and confirm the transaction. The “Claim NFT” tab allows users to receive their NFT in the destination wallet upon approval of the transaction.

Users first go to mycloudwallet.com/token-bridge and navigate to the ‘Token Bridge’ section. After connecting their wallets, they select the source and destination blockchains, view their transaction data, and proceed. Tokens are then claimed via the “Claim Tokens” tab in the destination wallet.

See also  Dogelon Mars Launches AI NFTs

Looking ahead, WAX remains committed to expanding the capabilities of the Multi-Chain Bridge, with the goal of further incorporating more blockchain networks to improve the interoperability and functionality of its platform. This continued development is part of WAX’s strategy to strengthen its position as a leading solutions provider in the interconnected Web 3 ecosystem.

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bridge enhanced Launches multichain NFT Token WAX
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