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Description

Binance Bridge serves as a vital link for accessing inter-blockchain liquidity, catering specifically to decentralized applications on the Binance Chain and Binance Smart Chain, while also facilitating the integration of valuable assets into the Binance Chain ecosystem. This service presents a robust option not only for users outside of Binance.com but for a wider audience as well. By merging these two channels, enhanced liquidity will flow into the Binance Chain ecosystem, allowing Binance.com to issue and secure additional token assets on both Binance Chain and Binance Smart Chain. Furthermore, it ensures a reliable and well-structured process for converting original tokens, thereby reinforcing its credibility within the market. As a result, users can expect a seamless experience when managing their assets across different blockchain networks.

Description

RenBridge facilitates the seamless wrapping of digital assets across various blockchains. With RenBridge, users can convert BTC into an ERC-20 token known as renBTC on the Ethereum blockchain. This process is managed by RenVM, a universal intermediary that transforms digital assets into the required format for their target blockchain. RenVM securely holds the BTC and then issues renBTC at a 1:1 ratio, ensuring that every renBTC is fully backed by an equivalent amount of BTC. Your assets are managed by RenVM while they exist on different blockchains, providing a layer of security during the transition. However, it's important to remember that while this technology is innovative, security audits do not completely eliminate all potential risks involved. Therefore, always exercise caution and refrain from committing assets that you cannot afford to lose in case of unforeseen circumstances. Make informed decisions when utilizing this service.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

BNB Smart Chain (BSC)
Ethereum
MetaMask
Solana
Arbitrum
Avalanche
Binance Web3 Wallet
Bitcoin
Filet
IOST
Polygon (Matic)
Ren
TRON

Integrations

BNB Smart Chain (BSC)
Ethereum
MetaMask
Solana
Arbitrum
Avalanche
Binance Web3 Wallet
Bitcoin
Filet
IOST
Polygon (Matic)
Ren
TRON

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Binance

Founded

2017

Website

www.binance.org/en/bridge

Vendor Details

Company Name

RenBridge

Website

bridge.renproject.io/welcome

Product Features

Product Features

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