Poly Network
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Poly Network

PolyBridge Integrates With 8Pay to Support Cross-Chain Transfers of the 8PAY Token

We’re pleased to report that 8Pay has integrated with PolyBridge, the cross-chain bridge for transferring assets between the leading smart contract blockchains. This will enable 8PAY holders to effortlessly move their assets between Binance Smart Chain and Ethereum and to enjoy the benefits that each ecosystem has to offer.

The 8PAY token is issued as a BEP20 on BSC and an ERC20 on Ethereum. Using PolyBridge, anyone can switch between the two chains before trading 8PAY on PancakeSwap and Uniswap, the leading DEXs on each network.

There are a number of ways to move assets between Binance Smart Chain and Ethereum, but in our view, PolyBridge’s solution is the most polished and suited to novice defi users. Moving your 8PAY tokens between blockchains using PolyBridge couldn’t be easier:

  1. Visit PolyBridge and connect using your preferred web wallet (e.g. MetaMask) from the dropdown menu in the top right.
  2. In the box marked Bridge, click on the Asset field (by default this shows USDT) and select 8PAY from the list of tokens displayed. If you don’t see it, just type 8PAY into the search bar at the top.
  3. Click on From Network and select either BSC or Ethereum. Select the opposite blockchain in To Network (i.e. Ethereum or BSC).
  4. Enter the amount of 8PAY tokens you wish to transfer and click Next.
  5. Confirm the transaction using the pop-up that appears for your web wallet and then sit back. Within a few minutes, your tokens will appear on the other network and will be available to trade, send, and utilize as you see fit.

While the cryptoconomy has yet to achieve a state of full interoperability, we are drawing closer to an era of cross-chain compatibility. Initiatives such as PolyBridge play a vital role in realizing this goal, making it easier to transfer assets between blockchains quickly, easily, and at low cost.

  1. In the box marked Bridge, click on the Asset field (by default this shows USDT) and select 8PAY from the list of tokens displayed. If you don’t see it, just type 8PAY into the search bar at the top.
  2. Click on From Network and select either BSC or Ethereum. Select the opposite blockchain in To Network (i.e. Ethereum or BSC).
  3. Enter the amount of 8PAY tokens you wish to transfer and click Next.
  4. Confirm the transaction using the pop-up that appears for your web wallet and then sit back. Within a few minutes, your tokens will appear on the other network and will be available to trade, send, and utilize as you see fit.

While the cryptoconomy has yet to achieve a state of full interoperability, we are drawing closer to an era of cross-chain compatibility. Initiatives such as PolyBridge play a vital role in realizing this goal, making it easier to transfer assets between blockchains quickly, easily, and at low cost.

We’re pleased to have integrated with 8PAY so that 8PAY holders can swap between networks at will, transferring assets between BSC and Ethereum with the minimum of fuss.

About Poly Network

Poly Network is an interoperability protocol for heterogeneous blockchains. It has a wide range of support across a lot of blockchains as a result of how easy it is to join in. Based on cryptography, Poly Networks adds an extra layer of complex security mechanisms that makes cross-chain transactions extra secure.

Poly Network has implemented interoperability with 9 heterogeneous chains including Bitcoin, Ethereum, Neo, Ontology, BSC, Heco, Elrond, Zilliqa and Cosmos-SDK. Since the launch, the protocol has enabled cross-chain asset transfer of more than 4.1 billion U.S. dollars involving more than 50,000 addresses on different blockchains.

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