Seamless, efficient and safecross-chain swaps with the best rates on 13 chains and counting; only on KyberSwap

Jkvfg0 Dslc5Isahysazru142P24Vmvbruhtswsnyincxm5Hhfpr0Rg6Co5Zjs5Qzlbr6Hjhuvt9Sm

KyberSwap Integrates Multichain

Singapore – October 31st – KyberSwap has integrated Multichain to bring even more ease and accessibility to KyberSwap users. So you can now bridge your tokens assets from chain A to chain B in 1 single transaction! 

Formerly known as Anyswap, Multichain is the leader in the cross-chain field, with a rapidly expanding family of 69 chains and 2000+ bridges to service the needs of different and diverse blockchains. Each blockchain has its own unique services, its own community and its own development ecosystem. For Web3 to reach the next level for consumers, users need a fast, secure, inexpensive and reliable way to exchange value, data and exercise control between the chains. Multichain aims to meet this need.

*Learn more about Multichain here

“This integration takes us a step closer to a reality of making decentralized finance easy and accessible for all with KyberSwap as the only DEX you need to use. Already, users have the best swap rates through KyberSwap. Now we have eliminated the need for external dApps for bridging and cross-chain swapping.” – Said Victor Tran, CEO of KyberSwap

Why Bridge Assets to Another Blockchain?

There is a wide wide world of Web3. Built on blockchain technology, a blockchain can host tokens, DApps & data that are immutable and have no central structure of ownership.
But not all blockchains are the same.

For example, some networks have cheaper gas fees and some DApps are native to 1 or a select few networks.

DK Mobile: Genesis 970x90

How do Blockchain Bridges Work?

A blockchain bridge allows you to transfer your token assets from one blockchain to another.

Typically, the asset that you intend to bridge will be locked up with the bridge, and a wrapped asset will be minted on your destination blockchain. 

For example, everyone knows Bitcoin was the first decentralized currency. As the first of its kind, Bitcoin was only available on its own blockchain. Thanks to bridging, BTC now has wrapped versions (WBTC) and can be used on many other chains such as Ethereum, Polygon, Solana, Cardano, etc.

*Did you know the KyberSwap team is one of the launch partners to create and bring WBTC to Ethereum? Learn more about it here.

“The future will be multi-chain, and bridges will be necessary to enable chains to be connected. We are happy to support KyberSwap as a Web3.0 infrastructure, giving their users the chance to have cross-chain experience that are more affordable, swifter, more secure.” – Said Multichain Co-founder Zhaojun

KyberSwap is proud to join the Multichain ecosystem and contribute to building a more cohesive, seamless DeFi.  

About Kyber Network

Kyber Network is building a world where any token is usable anywhere. KyberSwap.com, our flagship Decentralized Exchange (DEX) aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers.

KyberSwap powers 100+ integrated projects and has facilitated over US$11 billion worth of transactions for thousands of users since its inception. Currently deployed across 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Velas, Aurora, Oasis, BitTorrent, Optimism and ETHPoW.

KyberSwap | Discord | Website | Twitter | Forum | Blog | Reddit | Github| KyberSwap Docs

For media enquiries please contact:

Imran Mohamad
Head of Marketing
KyberSwap
imran@kyber.network
+65 96925144

Tania Hay
Content Specialist
KyberSwap
tania@kyber.network
+65 81022483

For more information and images, please refer to KyberSwap Press Kit: Link or QR code below
Tt5Azsxzh2Lu8Yhed90Gyez Rzekd8Qit Zlgjnmebchit4Uowvqbhawycc25U0Zsydanakz2Nvo1Kc3Yne5Lddpnr2Ecdhg6Zaysjxvcduk2O7Sbcmigftqdvwd40Lvccwv3F7Iuzrrm Ciedlvilad6Qvd7Xzjrsmo1Zu9Wynh41Vqcyrfd7Mdq Yuhg

Disclaimer

Opinions stated on CoinWire.com do not constitute investment advice. Before making any high-risk investments in cryptocurrency, or digital assets, investors should conduct extensive research. Please be aware that any transfers and transactions are entirely at your own risk, and any losses you may experience are entirely your own. CoinWire.com does not encourage the purchase or sale of any cryptocurrencies or digital assets, and it is not an investment advisor. Please be aware that CoinWire.com engages in affiliate marketing.

DK Mobile: Genesis 300x250