Save Money and Time Using Cross-Chain Roaming From Chainge Finance
You must have noticed that there are so many blockchains out there. As some of you might know, a coin or token can live on many chains at the same time. For example USDT, CHNG or CRO can live in their native blockchain or they can be moved to other chains. Managing and moving your assets across all this chains can be a headache, but it’s dead simple if you use cross-chain technology.
There many crypto projects working on cross-chain solutions. The reality is, is that FUSION DCRM (Distributed Control Rights Management)is the only technology in commercial use at the moment. This technology is integrated in the Chainge Finance app, which allows you to transfer your assets across chains in matter of minutes, or even less!
In the video below I’ve demonstrated how easy it is to perform a cross-chain transfer of CRO from HECO and FSN to Cronos ,which is the native chain of CRO.
If you really understand what cross-chain roaming is, you will realize the amazing potential that comes with it.
First, what we need to understand is that bridging coins manually is not a fun process. And it can come with a huge opportunity cost, which I will explain more about later in this article
With Chainge Finance, users don’t even have to care which chain the assets are on when they’re making transactions. Currently the Chainge Finance app supports 13 chains and over 75 assets that can move from one chain to another with just a couple of taps.
Well respected projects such as Anyswap, Nerve, Multichain, Fantom and more are using this cross chain technology. More will soon follow as they come to understand the benefits of this powerful technology. Among the many benefits of cross-chain roaming, these are my personal favorites:
- Moving tokens from one chain to another without having to go through a token bridge
- Simple and quick, cross-chain transactions only take a couple of taps
- Saves time and money
- 100% fully decentralized
Why Go Cross-Chain?
Why go cross-chain? There are many reasons to move your coins from one chain to the other. It could be an arbitrage opportunity, or maybe a high APY farming opportunity on a certain protocol. Once you spot these opportunities, you don’t want to waste a lot of time, or others may swoop in before you are able to figure out which bridge to use.
Performing a Cross-Chain Transfer on Chainge Finance is super easy. Here are six steps for a quick cross-chain transfer of your coins:
- Tap on the asset you want to transfer cross-chain3
- Tap on receiving address
- Select the desired blockchain
- Copy the address
- Tap on the three dots and then tap on send
- Select the chain, and send the coins to yourself.
It’s really simple as that. It just takes a minute or even less! For a more in depth article about cross-chain roaming, you can read this article.
Download the Chainge Finance app from the Google Play Store or App Store and experience the cross-chain magic yourself.
