We are excited to announce a major upgrade to our on-chain trading capabilities for the Bitcoin.com Verse DEX decentralized exchange. This enhancement, made possible by our partnership with deBridge, brings additional speed, cost-effectiveness, and flexibility to your online business. It is also completely login-less, meaning you don’t need to have an account or enter your personal information to be able to trade.
What’s New?
The new DEX-verse exchange tool offers our users many benefits, including:
Cross-Chain Swaps in as little as 3 Seconds
Say goodbye to waiting for multiple steps to complete a transaction. The updated exchange tool allows you to complete an inter-chain exchange in a few seconds, reducing the time spent waiting for intermediate hops.
Highly Efficient Trades with deBridge
The business is more efficient because of the leverage of deBridge’s innovative technology and marketing capabilities. This ensures that you get the best possible price on your exchange and that liquidity flows seamlessly across multiple chains.
Designate Different Receiving Addresses for Cross-Chain Swaps
The new exchange offers greater flexibility by allowing you to choose a different receiving address for the exchange chain, giving you more control and customization over how and where you receive your assets.
Earn deBridge Points for Every Cross-Chain Swap.
When you trade assets across all EVM chains using the DEX, you can earn deBridge points for a limited time as a reward for every trade you make. Points accumulate automatically, and you can see your balance by connecting to your wallet at https://app.debridge.finance/ and selecting “My Stats” from the menu in the upper right corner.
How Long Does a Swap Take?
While trade completion times may vary depending on trade volume and market maker availability, users can expect the updated exchange to complete most trades within 3-10 seconds.
What Tokens and Chains Can I Swap Between?
The updated exchange experience allows you to exchange thousands of tokens on Ethereum, Polygon, Avalanche, and BNB Smart Chain.
How to Do a Cross-Chain Swap
Inside your Bitcoin.com Wallet app
- Download the app: If you haven’t previously, download the multi-wallet Bitcoin wallet and crypto wallet trusted by millions. 👉Download the Bitcoin.com Wallet app👈
- Switch: On the Apps screen, scroll down, tap Web3 Explorer, and then select Edit. If you already have the app, 👉Click here👈 to go directly to Web3 Explorer Swap.
- Connect: In the swap widget, scroll down and tap Connect Wallet. Note: Connecting to your wallet using the navigation in the top right corner now has no effect.
- Select the Bitcoin.com wallet that you want to connect to the DEX. Select the wallet that holds the asset you want to swap.
- Select your exchange: Select the chain and token you want to swap (for example, the Ethereum chain and the ETH token).
- Choose your seat: Select the chain and token you want to exchange (e.g., Polygon chain and fxVERSE token). You can assign a different receiving wallet if there are multiple exchange chains.
- Review: Review the exchange details carefully, ensuring everything is in line with your business goals.
- Exchange: Click the “Exchange” button to initiate the transaction. You will be incited to review and confirm.
On your preferred web browser
- Go: Visit the DEX Exchange section in your preferred web browser.
- Connect: In the exchange widget, scroll down and click “Connect Wallet”. If you are using the Bitcoin.com Wallet, click “Connect to Wallet” and scan the QR code in the Bitcoin.com Wallet app. You can also connect using other wallets through the interface. Note: Connecting to your wallet via the navigation in the top right corner has no effect.
- Select your exchange: Select the chain and token you want to exchange (for example, the Ethereum chain and the ETH token).
- Select your location: Select the chain and token you want to exchange (for example, the Polygon chain and the fxVERSE token). When using multi-chain exchanges, you can designate a receiving wallet.
- Review: Review the exchange details carefully, ensuring everything meets your business goals.
- Exchange: Click the “Exchange” button to initiate the transaction. You will be compelled to review and confirm.
And that’s it! You’ve successfully swapped chains using the DEX version outside the Bitcoin.com Wallet app!
We can’t wait for you to experience Verse DEX’s lightning-fast cross-chain trading. Visit verse.bitcoin.com today and see how this update could change how you exchange assets!