Launching Xeta’s Cross-Chain Bridge

Today, we’re launching a cross-chain bridge to enable swaps between Xeta, Ethereum, and Binance Smart Chain. Initially, we’ve planned the cross-chain bridge as a milestone towards the end of 2022. However, we’ve decided to prioritize this functionality to make it easier for users to get started with Xeta, using widely-known assets such as ETH and BNB as onramp.

The bridge swaps between ETH/BNB/BSC XETA and native XETA tokens, with slippage of around 1.5% (more, if the swap-amount is large enough to affect the price, noticeable with swaps larger than $5,000). This process also works vice versa if users wish to trade native XETA tokens back into ETH/BNB or BSC XETA. Swaps happen within 8–10 confirmations on ETH/BNB, equivalent to 1–3 minutes waiting time.

In conclusion, we believe this is a critical milestone to increase user adoption, especially for all the upcoming programs introduced in the coming weeks (such as auctions, staking, voting, swaps). Xeta is currently in Test-Net, and all swaps/balances will be transferred once the Main-Net goes live, as long as they haven’t been converted back into BNB or ETH.




Shaping the future of the Metaverse using Blockchain, 3D Graphics and Vision AI.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

BCUG Vault Closes Its Private Sale with Leading Blockchain VCs On-board

BCUG Vault Successfully Closes it’s Private Sale Round

Terra Virtua Partners With OIN To Bring Stablecoin Options to $TVK Holders

How to install and run a Grin Node + Wallet

GMEE Token arrives in BSC on ApeSwap!

FIO Release 3.0 Explained

Nine Most Frequently Asked Questions about Blockchain and Cryptocurrency

Voyager Has Listed Band Protocol (BAND) For Trading & Transfers

Join the Ethmoji Beta

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Xeta Reality

Xeta Reality

Shaping the future of the Metaverse using Blockchain, 3D Graphics and Vision AI.

More from Medium

BitDrive Introduces Open Beta Social Crypto Community with Five-Tier Referral System

DeFiato Integrates ChainPort for Cross-Chain Swaps

GAT Network has entered MVB IV Incubation by BNB Chain!

The Cheapest and Fastest Cross-chain Bridge — Narni’s Liquidity Lending Protocol