Bridging 101 with XLINK: The EVM Edition
December 21, 2023
Need a directory to bridge over your EVM Assets to the BTC ecosystem? Look no further as we have a 4 step-by-step guide on how to bridge your funds using XLink.
Here are a list of directory markers:
- Connect Wallet
- EVM Chain
- Token Selection
- History
Step 1: Connect your wallet
- Go to: https://app.xlink.network/bridge/wrap-bridge
- You need to connect 2 wallets. Your EVM Chain Wallet and a Stacks Chain Wallet.
- XLink currently provides compatibility with 5 different Wallets from the Stacks Chain (Leather, Xverse, Xverse Mobile, OKX, Asigna)
Step 2: Pick an EVM Chain
- Choose either BSC Mainnet or Ethereum Chain for bridging.
- Both Chains are available on Metamask.
- For further details on adding BSC Mainnet on Metamask, check out this article.
Step 3: Token selection
- XLink currently supports these token selections on the EVM Chain: USDT, BTCB, WBTC and LUNR.
- Pick a token and insert in the quantity you would like to bridge.
- You will be provided an estimated cost of the bridging fee prior to confirmation. Click ‘confirm’ once everything is finalized.
- Once confirmed, a “Transaction broadcasted’ message will be displayed.
Step 4: Track History Orders
- To monitor the bridging progress, click on the ‘History’ Button on top right.
- You can click on the transaction hash on both EVM Chain and Stacks Chain (Orange Text above) to verify and track the transaction.
- Once the Bridge is completed, you will receive your wrapped tokens in the designated stacks wallet.
Step 5: Bonus Step🔥!
Your wrapped tokens are ready, but that’s just the beginning! Here’s how to unravel your DeFi Journey. Introducing the ALEX B20 DEX! A Decentralized DeFi platform for users to get ino the BRC20 Ecosystem.
For starters, you can swap any of your wrapped tokens from XLink Bridge for any native token in the ALEX liquidity pool.
You can also trade BRC20 Spot Market via the B20 Orderbook platform and stake LP tokens to earn more rewards. Voila! Enjoy your native DeFi experience in Bitcoin!