Binance launches Binance Bridge 2.0 to integrate CeFi and DeFi By Cointelegraph

Mar 30, 2022



On Tuesday, centralized cryptocurrency change Binance introduced the rollout of Binance Bridge 2.0. The characteristic allows customers to bridge belongings from any blockchain, together with tokens not listed on the Binance app, to the BNB Chain. Bridged tokens listed on Binance shall be saved within the Funding or Spot Pockets, whereas unlisted bridged tokens shall be transferred to the Funding Pockets solely.

Customers can bridge-in or bridge-out tokens between their native blockchains and BNB Chain by way of common deposit and withdrawal capabilities. Sooner or later, Binance additionally plans to create a greater model of its cellular app to permit customers to facilitate such conversion by way of a single click on. Concerning the event, Mayur Kamat, head of product at Binance, stated: