Using PlaxSwap without Centralized Exchanges
You don't need an account with Binance, Coinbase, Kraken, Huobi, OKEx or any other centralized exchange to start using PlaxSwap!
PlaxSwap is a decentralized application. That means, unlike Binance or other centralized platforms, you don't need to register account to use it... you just need a crypto wallet. So how can you get crypto onto PlaxSwap without using a centralized exchange?
In this tutorial, we're going to guide you through the process of using "cross-chain bridges" to transfer your assets into your BNB Smart Chain wallet, and start using PlaxSwap.
Move your assets from other blockchains to Polygon Chain
You can use a variety of different cross-chain bridges to transfer tokens from Ethereum or other networks, onto Polygon Chain.
In the following tutorials, we are going to demonstrate moving USDT from a variety of different blockchains to Polygon Chain, using three different cross-chain bridges.
PlaxSwap Bridge — a native asset cross-chain bridge, powered by Stargate.
This bridge allows you to seamlessly move your stablecoins over to Polygon Chain, and participate in the lively PlaxSwap Community and wider MATIC Ecosystem!
Let's try moving USDT from BSC blockchain to Polygon (MATIC) using AnySwap.
Prepare your BSC (BNB) wallet with USDT and some BNB for gas.
Since AnySwap only supports MetaMask, OKEx Wallet and Coin98 Wallet. If you are using other wallet apps, we recommend you to import your wallet into MetaMask.
Navigate to https://anyswap.exchange/#/router
Connect your wallet and switch your network to BSC (BNB) Mainnet.
Select USDT on BSC mainnet as "From", and USDT on Polygon mainnet as "To". Then type in the amount of USDT you want to transfer.
Click "Approve USDT" to approve your USDT.
Additionally if you want AnySwap to deposit your USDT into another Polygon address. Please use the "+ Send To" button.
Click "Swap" and complete your final cross-chain transactions.
The entire process will take around 10-30 minutes to complete depends on how congested the network is.
Once finished. You should receive your fund in your Polygon wallet. Now you can start using PlaxSwap to swap some tokens on Polygon Chain!
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