Unido joins Binance Smart Chain Ecosystem with ChainSwap!

Unido
Unido
May 11 · 3 min read

In preparation to UniFarm Cohort 7 launch we have joined forces with ChainSwap and enabled option to swap $UDO from Ethereum to Binance Smart Chain or vice-versa.

Ethereum gas fees have been a major challenge for many users wishing to participate in the Unido Liquidity Mining program. Thus, we are providing a solution that will enable our community to leverage Binance Smart Chain for a one-sided staking option that will allow for:

1. Lower gas fees
2. Greater portability
3. Faster transaction speeds
4. Greater diversification in staking the UDO token to receive other tokens

[GUIDE] HOW TO SWAP $UDO TOKENS FROM ETHEREUM TO BSC

Wallet is required to connect with ChainSwap. In this guide, we will use MetaMask.

Step 1

Open ChainSwap and connect your MetaMask wallet.

Step 2:

From the drop down menu, select $UDO and enter the amount tokens you want to swap.

Step 3

Click on CONFIRM after entering the number of $UDO tokens that you want to move from Ethereum to BSC.

Step 4

Click on “Deposit in Ethereum Chain”.

Wait for the confirmation of deposit in Ethereum Chain.

Step 5

Confirm again. MetaMask will open up and confirm the interaction.

Step 6

Once the interaction is approved, click on “Withdraw on BSC Chain.”

Step 7

Once again, it will open up the MetaMask and ask the user to switch chain to BSC. Click on “Switch Network”.

Step 8

Click on “Withdraw on BSC Chain”.

Congrats! You have successfully bridged your $UDO tokens from ETH to BSC.

About Unido

Unido is an enterprise platform for decentralized capital markets. It enables institutions & corporate clients to securely store, manage and invest their crypto assets into decentralized finance networks. Unido is underpinned by proprietary key signing technology that provides enterprise-grade security for any transaction which utilizes it.

Founded in 2017 and with a market-ready product, Unido is led by an experienced team of ex-Goldman Sachs, ex-Macquarie and ex-Wipro with decades of experience in enterprise software development, financial services and agency blockchain development.

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Unido Blog

Enterprise platform for decentralized capital markets, built on Polkadot.

Unido Blog

Unido is an enterprise platform for decentralized capital markets, built on Polkadot and powered by $UDO token. Learn more at: www.unido.us

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Unido

Built on Polkadot and powered by $UDO token, Unido is building enterprise-grade solutions to give institutions better access to DeFi Markets.

Unido Blog

Unido is an enterprise platform for decentralized capital markets, built on Polkadot and powered by $UDO token. Learn more at: www.unido.us