Jax.Network Blog
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Jax.Network Blog

The WJXN bridge from Ethereum to BSC is live!

by Maryna Trifonova, Head of Content at Jax.Network

Bridges allow users to interact with data sets on different networks. We offer our WJXN coins for sale on PancakeSwap and Uniswap in the form of BEP-20 and ERC-20 tokens. For the convenience of our users, we are launching a bridge for transferring WJXN from the Ethereum network to the Binance Smart Chain and vice versa.

Why is a bridge needed?

Blockchain technology has developed dramatically over the span of 13 years, with new networks emerging every day. Therefore there appears a need for something that can help to communicate between different blockchains. Similar to real-world bridges, blockchain bridges connect two stand-alone databases that are unaware of each other.

If you would like to swap WJXN ERC-20 that you bought on Uniswap for WJXN BEP-20, for example, you can do it within several clicks via a bridge. Certainly, you can do that by selling WJXN on Uniswap and buying them back on PancakeSwap. However, it’s much easier, faster, and cheaper to do so using a bridge. Every time you want to swap ERC-20 for BEP-20 tokens, a fixed fee of 10 WJXN is deducted. Don’t forget that network gas fees are also applied.

How to use it?

  1. Connect your wallet to https://wrapped.jax.net/
  2. Choose the WJXN-to-WJXN bridge

3. Make sure you have enough BNB or ETH for gas fees

4. Enter the amount and choose the network

5. Click “Approve” and confirm the transaction in your wallet

6. Click “Deposit” and confirm the transaction once again

7. Done!

Please note that the Wrapped JAXNET website offers a variety of bridges to facilitate the transfer of our coins between different networks. We will provide a detailed description of every bridge in our next articles.

Don’t miss any announcement by subscribing to our social media accounts:

Official Website: https://jax.network

Twitter: https://twitter.com/CommunityJax

Facebook: https://www.facebook.com/network.jax/

Telegram Channel: https://t.me/jax_network

Official Group: https://t.me/jax_chat

LinkedIn: https://www.linkedin.com/company/jax-network/

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