Alephium-BNB Chain: The Crypto Bridge That Opens New Horizons!

Alephium strengthens its commitment to the multichain world with the launch of its new bridge to the BSC (Binance Smart Chain). One year after the introduction of the bridge to Ethereum, Alephium is proud to announce this new connection with the rich and vast crypto universe of BNB Chain. Numerous rewards and activities are planned in the Alephium ecosystem to celebrate this launch.

A new bridge to BSC: Alephium expands its crypto ecosystem

The contributors of Alephium have worked hard to create this second bridge, based on the foundations of the first to Ethereum. This bridge now allows transferring tokens between Alephium and BSC, thus bringing Alephium closer to the Binance ecosystem and opening new opportunities for crypto users and developers.

To access the bridge, simply go to bridge.alephium.org. The operation is identical to that of the Ethereum bridge, so if you have used it before, you will not be disoriented. For new users, a detailed tutorial is available to guide you through the connection process.

But, in simple terms, you will just need to connect your BSC wallet (like Metamask) and your Alephium wallet. Then, follow the instructions to transfer your crypto tokens between the two chains, just like that.

How to use the Alephium-BSC bridge?

To use the bridge, you will need a BSC wallet (like Metamask) and an Alephium wallet. All crypto wallets are compatible and can be downloaded from the Alephium website. If you do not have ALPH tokens for transaction fees, no worries! A faucet is available: by transferring tokens from BNB to ALPH, you will automatically receive 0.01 ALPH in addition to the transferred amount, sufficient for your first transactions.

Furthermore, the bridge can be used directly through smart contracts, without a front-end interface, which is useful for dApps and other services wishing to use it programmatically. The addresses of contracts and pools are available on BSCscan and on major DEXs like PancakeSwap for BSC and Elexium, Swapa, Candiswap, and Ayin for Alephium.

Additionally, the crypto tokens available for the Bridge include $ALPH, $BNB, $USDT, and $USDC. Non-native stablecoins will be renamed to avoid confusion (for example, USDTbsc for USDT coming from BSC). Moreover, the crypto transfer time varies: about 20 minutes from BSC to Alephium, and a little over an hour the other way, due to security measures.

Attractive incentives for new users

To celebrate the launch of the ALPH bridge to BSC, the Alephium community has set up a series of exciting incentives. DeFi enthusiasts can maximize their returns through liquidity pool rewards, particularly with projects like ElexiumFinance, Ayin, and Candyswap which offer high APYs for ALPH/BNB and ALPH/USDTbsc pairs.

Furthermore, Alphaga, the most active NFT marketplace on the chain, offers a limited edition of 100 exclusive NFTs. These NFTs provide unique benefits, such as revenue sharing and access to lotteries for cash prizes. Participants can also secure spots on the whitelists of promising projects like LinxLabs and AlphBanX, which offer exclusive presale opportunities.

Finally, additional surprises, such as OneKey hardware wallets and free subscriptions to Alph.Pro, are also planned for participants.

🚨 The @BNBCHAIN Bridge is Live!

➰ Bridge to/from @binance's $BSC
➰ Access a fast expanding ecosystem
➰ Easy to use & fast
➰ 2nd $ALPH bridge after $ETH

And there's more… pic.twitter.com/EGDR6IVvmV

— Alephium (@alephium) November 20, 2024

To learn more, the Alephium community journal published an article about the ALPH ecosystem for those who are not familiar with it, one on the consolidated incentives, and one on opportunities for degens!

The launch of the Alephium-BSC bridge represents a major advancement for Alephium (ALPH), creating new opportunities for users and developers. With attractive incentives and solid technology, Alephium, now closer to the Binance ecosystem, strengthens its position in the multichain crypto world.