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Alien Worlds: Teleport - The Best WAX to Binance Smart Chain Bridge

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@l337m45732
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Yesterday I was trying to find an easy way to move some funds from WAX blockchain to Binance Smart Chain. If you google it you won't find much other than Alien Worlds Teleport. Alien Worlds is a game on the WAX blockcahin that I've written about quite a few times. They have built a WAX - BSC bridge that more people need to know about. I hate centralized exchanges so I can only think if 2 ways to do this anyway.

WAX to Binance Smart Chain

So say you're like me and use WAX a lot. You have some WAX that you want to be able to spend on BSC. There's no way to do this directly. Really I can only think of 2 ways and Teleport is the easiest. You could go on Hive engine, deposit WAX for SWAP.WAX.. Sell that for SWAP.HIVE. Use that to buy SWAP.BNB. Then withdraw. That's a lot and you'll run into situations where there either isn't enough liquidity... or you'll over pay to get your swaps done. So in comes Teleport. Even if you don't want to play Alien Worlds, you can still use Teleport to bridge funds.

Teleport only supports TLM the in game currency, but there's so much liquidity you can get WAX to TLM and TLM onto BSC then swapped to whatever you want in about a minute. Maybe 2. So you need to go to Alcor.exchange and Swap your WAX for TLM first. Again, there's a ton of liquidity and you don't really have to worry about slippage or any of that nonsense. Once you have your TLM, head to Teleport. You'' connect your WAX wallet on the left and Metamask of the right, elect Binance Smart Chain.

Once both are connected, Click Transfer on the left under WAX. Enter the amount to send and continue. Up until now, you're paying no fees on WAX.

Then you'll sign 2 transactions on Metamask so you'll need a small amount of BNB. As you can see, I used this service frequently.

After about a minute, your TLM will show up on Binance Smart Chain. Now you can swap that for BNB or CUB... hint hint.. via your favorite BSC DEX. If you've ever used Pancakeswap, you'll recognize this. Very easy to swap TLM to whatever.

Again, this service is highly underrated in my opinion. Name a better bridge. I'll wait.

Easy enough?

Do you know of an easier way or a faster way to move funds from WAX to BSC?

peace

Posted Using LeoFinance Beta