Beldex Exchange Migrated To Binance Smart Chain
The first exchange in line with Islamic laws, Beldex announced that their platform has been migrated to Binance Smart Chain. To consider the benefits that the BSC ecosystem provides to the crypto space, and to make the Beldex chain interoperable with its counterparts, the Beldex team has bridged the Beldex Chain to the Binance Smart Chain. Now, as both chains are interoperable, users can swap $BDX for $WBDX on BSC and vice versa.
WBDX (Wrapped BDX) is a token on the Binance Smart Chain. It follows BSC’s BEP20 token standard. Each WBDX on BSC is pegged to a BDX token on the Beldex Chain. You can swap BDX for WBDX on a 1:1 ratio, meaning, if you swap 1000 BDX tokens, then you will get 1000 WBDX tokens in return. Though WBDX won’t retain the privacy features, it will produce significantly faster transactions. It will also gain additional use cases on BSC platforms.
How to Swap BDX for WBDX?
You can swap BDX for WBDX on the Beldex-BSC Bridge. The Beldex bridge is integrated with Metamask and Binance Smart Chain wallet. To swap BDX for WBDX, you should first create a wallet account on either of these wallets. Download the respective wallet extension for your browser.
ABOUT Beldex Exchange
Beldex is the world’s first Islamic-compliant crypto exchange where you can easily and securely trade BTC, ETH, LTC, BDX, and other currencies
