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DeFi

MetaMask Launches Bridge Aggregator In Dapp

November 10, 2022 - Around 2 mins mins to read
MetaMask, a supplier of cryptocurrency wallets, has introduced a new tool that will collect bridge services for customers who wish to transfer their cryptocurrency across several chains.
MetaMask Launches Bridge Aggregator In Dapp

According to MetaMask, their bridge aggregator will support Connext, Hop, Celer cBridge, Polygon Bridge, and four more bridge suppliers.

Before deciding on its chosen bridge suppliers, the cryptocurrency wallet service claimed to have conducted a thorough screening procedure. It further stated that the chosen bridges complied with security and decentralization standards.

The service is a feature of MetaMask’s recently released portfolio app, the company wrote in a blog post about the beta release.

Through these bridges, users may send and receive supporting tokens valued at up to $10,000 between Polygon, Avalanche, BNB Smart Chain, and Ethereum. Tokens have been supported by Ether and wrapped Ether, well-known stablecoins like DAI, and native gas tokens like MATIC. Users may use the bridge aggregator to find the cheapest method of sending bitcoin across supported networks.

MetaMask pledged not to charge transaction fees for bridging cryptocurrencies in its beta version. The platform hopes to expand its coverage to include Layer 2 chains like Optimism and Arbitrum.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
DeFi

MetaMask Launches Bridge Aggregator In Dapp

MetaMask, a supplier of cryptocurrency wallets, has introduced a new tool that will collect bridge services for customers who wish to transfer their cryptocurrency across several chains.
MetaMask Launches Bridge Aggregator In Dapp

According to MetaMask, their bridge aggregator will support Connext, Hop, Celer cBridge, Polygon Bridge, and four more bridge suppliers.

Before deciding on its chosen bridge suppliers, the cryptocurrency wallet service claimed to have conducted a thorough screening procedure. It further stated that the chosen bridges complied with security and decentralization standards.

The service is a feature of MetaMask’s recently released portfolio app, the company wrote in a blog post about the beta release.

Through these bridges, users may send and receive supporting tokens valued at up to $10,000 between Polygon, Avalanche, BNB Smart Chain, and Ethereum. Tokens have been supported by Ether and wrapped Ether, well-known stablecoins like DAI, and native gas tokens like MATIC. Users may use the bridge aggregator to find the cheapest method of sending bitcoin across supported networks.

MetaMask pledged not to charge transaction fees for bridging cryptocurrencies in its beta version. The platform hopes to expand its coverage to include Layer 2 chains like Optimism and Arbitrum.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

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