Chains
BNB Beacon Chain
BNB ecosystem’s staking & governance layer
Staking
Earn BNB and rewards effortlessly
Build
Wallets
Your gateway to BNB Chain
Solutions
Discover real-world solutions and use cases
Explorers
Track transactions, blocks, and smart contracts across the BNB ecosystem.
Explore
Accelerate
To enable the value flow between BSC and Ethereum, especially for the tokens not listed on existing cross-chain tools: Binance Bridge, https://multichain.xyz/ or https://www.curvegrid.com/, we propose an open source solution providing access to inter-blockchain liquidity.
This is a unique solution to build an application built between Binance Smart Chain and Ethereum. The cross-chain bridge simply serves as a method of bidirectionally transferring ERC20/BEP20 tokens between the Ethereum Network and Binance Smart Chain network in a quick and cost-efficient manner.
The fees for users can be quite low. The Ethereum to BSC transfer will result in the creation of a newly minted token on the BSC blockchain known as BEP20. The user will also have the ability to transfer BEP20 tokens from the BSC network back to the Ethereum Network, which would result in the burning of the BEP20 token and subsequent unlocking of the original ERC20 token on the Ethereum Network.
The following graph describes that a new ERC20-to-BEP20 bridge will work like this: the swap service server listens to one of the chains (one side of the bridge) to watch the bridge-related events, performs actions to approve swap requests in from of collecting signatures from the swap proxy contracts and sends tokens to another side of the bridge.
Register ERC20 token to Binance Smart Chain
Ethereum to Binance Smart Chain
Binance Smart Chain to Ethereum