Shield Finance Partnership With ChainPort To Bridge SHLD To Binance Smart Chain
Multi-chain DeFi Insurance Aggregator Shield Finance sealed a partnership with ChainPort the place where you can trade your token instantly. Chainport will allow $SHLD holders to easily port their tokens to Binance Smart Chain and back to Ethereum with simple clicks.
Chainport services are completely free to use. However, Ethereum fees apply while completing transactions. $SHLD holders do not have to worry about charges from Chainport.
Step-by-Step-Guide To PORT $SHLD Token To BSC:
- Open Metamask or wallet supported by ChainPort
- Switch to the account where you have $SHLD.
- Click on “Browser” or “Dapp”
- Open Chainport.io
- Click on “Connect wallet”
- Select the wallet where you have $SHLD from the wallet options provided.
- Click on “Connect” if not connected automatically.
- Click on the box under “select a token”
- Input $SHLD in the search bar and then select it.
- Input the number of $SHLD tokens you wish to port to BSC in the box under “Balance” or simply click “Max” if you wish to port all.
- Click on “Approve” to sign the transaction.
- Once Approved, click on “Deposit Tokens”
- Click on “Confirm” to sign the transaction.
- Wait for the transaction to be completed.
- Add $SHLD Bep20 (address: 0x5b16273f4143477066f46a36b31baa5fc4429245)
- Check your $SHLD Bep20 balance – it must be equal to the $SHLD amount deposited in step 11.
After successfully doing the process listed above you can enjoy the benefit of having your $SHLD tokens on Binance Smart Chain where you can trade or swap it without any hassles.
ABOUT CHAINPORT
ChainPort.io allows users to easily port their tokens over to various blockchains (and vice-versa) in just a few simple clicks. The primary benefit of using ChainPort’s bridge is its extremely easy to use interface that is highly interactive for the user. Chainport’s interface will always keep the user in the loop on what is the status of their blockchain-blockchain token transfer in real time.
ABOUT SHIELD FINANCE
Shield Finance ($SHLD) is developing Market Crash Protection that allows users to insure their portfolio against major market crashes.
RESOURCES
Medium