Torum – Expands its network to Binance Smart Chain

Published on: 08.10.2021

$XTM, the native token of Torum is now available on Binance Smart Chain, the official EVM-compatible chain of Binance.

In short, the community can now use $XTM on both Ethereum and Binance Smart Chain (BSC).

Converting $XTM from Ethereum to BSC

The cross-chain transfer will take place on Poly Network, a strategic partner of Torum. Please head over to https://bridge.poly.network/ to initiate the bridging process.

Ready your $XTM and $ETH (for on-chain fee) on your Ethereum Metamask wallet
Connect your Metamask wallet to https://bridge.poly.network/
Choose your native / beginning network (Ethereum)
Check the $XTM Balance amount, Cross-chain fee and the maximum transferrable $XTM amount
Write down the $XTM amount to be bridged and click on “Approve”
Confirm the “Approve” transaction with a gas fee
After confirming the transaction, click on “Next” to proceed
Check the Cross-chain transfer details and click on “Confirm”
Click on “Confirm” to start the Cross-chain process
Upon confirming the transaction, the bridging process shall commence
After passing the required confirmation count, the $XTM bridging is now complete
Congratulations! Your $XTM is now in your BEP20 Metamask wallet

Torum

Torum is the world’s largest SocialFi platform and ecosystem that is specially designed for cryptocurrency users and projects.

Torum empowers projects with a one-stop crypto marketing suite that enables them to expand their market reach to the right audience, while connecting users through a social media platform and fulfilling their crypto-focused needs through the integration of NFT, DeFi and aggregated industry data (market cap & news).