Nerve Bridge
Other options to onboard BSC are either centralized and custodial, or they place strict transaction limits on their users (or both). With the Nerve Bridge, you can trustlessly transfer up to $30M ETH or BTC between their native networks and BSC, and up to $5M in USDT (ERC-20). The Bridge combines AnySwap’s cross-chain DEX (docs) with Nerve’s high liquidity and low slippage swap algorithm to allow users to bridge funds to and from BSC with unprecedented ease - without entrusting their tokens to a centralized entity.
AnySwap’s distributed control rights management (DCRM) node network is based on secure multi-party computation (SMPC) and a threshold signature scheme (TSS). When its cross-chain bridge smart contract receives tokens, it trustlessly mints a wrapped anyTOKEN into the corresponding (Ethereum bridges) or designated (BTC bridge) BSC wallet address.
https://www.binance.org/en/blog/anyswap-crosschain-dex-on-bsc/
You can send ETH from the Ethereum network within the Nerve app - the deposited ETH (on the native network) will be locked and you will receive equivalent anyETH on BSC into an address matching the originating address on the Ethereum network. WARNING: this means you cannot use the Nerve Bridge from an exchange wallet - you will not control the corresponding address on the BSC network!
Once your ETH has been bridged to anyETH on BSC, you can:
Provide liquidity in some of the highest yielding ETH pools in DeFi (note the bonus or penalty for depositing under- or over-provided assets).
Swap this anyETH for ETH (BEP-20) on Nerve so you can use it across BSC.
Swap anyETH <-> ETH (BEP-20) if you want to balance before providing liquidity.
If you decide to move your funds off of BSC, you can always use Nerve's pool to swap ETH (BEP-20) for anyETH before using the Nerve Bridge to redeem it for ETH in the wallet address you designate on the Ethereum network.
Deposit fee: 0% Maximum deposit: 5000 ETH Minimum deposit: 0.01 ETH
Withdrawal fee: 0.1% (0.008 minimum, 0.1 maximum) Maximum withdrawal: 5000 anyETH Minimum withdrawal: 0.05 anyETH
You can send USDT from the Ethereum network within the Nerve app - the deposited USDT ERC-20 will be locked and you will receive equivalent fUSDT on BSC into an address matching the originating address on the Ethereum network.
WARNING: this means you cannot use the Nerve Bridge from an exchange wallet - you will not control the corresponding address on the BSC network!
Once your USDT has been bridged to fUSDT on BSC, you can:
Provide liquidity in some of the highest yielding stablecoin pools in DeFi (note the bonus or penalty for depositing under- or over-provided assets).
Swap this fUSDT for BUSD, USDC, or USDT (BEP-20) on Nerve so you can use it across BSC.
If you decide to move your funds off of BSC, you can always use Nerve's pool to swap USDT (BEP-20) for fUSDT before using the Nerve Bridge to redeem it for USDT (ERC-20) in the wallet address you designate on the Ethereum network.
Deposit fee: 0% Maximum deposit: 5000000 USDT Minimum deposit: 30 USDT
Withdrawal fee: 0.1% ($15 minimum, $150 maximum) Maximum withdrawal: 5000000 fUSDT Minimum withdrawal: 30 fUSDT
You must send BTC from the bitcoin network using your own wallet interface - the deposited BTC (on the native network) will be locked and you will receive equivalent anyBTC on BSC minted into the address you designate.
Once your BTC has been bridged to anyBTC on BSC you can:
Provide liquidity in some of the highest yielding BTC pools in DeFi (note the bonus or penalty for depositing under- or over-provided assets).
Swap this anyBTC for BTCB on Nerve so you can use it across BSC.
Swap anyBTC <-> BTCB if you want to balance before providing liquidity.
If you decide to move your funds off of BSC, you can always use Nerve's pool to swap BTCB for anyBTC before using the Nerve Bridge to redeem it for BTC in the wallet address you designate on the Bitcoin network.
Deposit fee: 0% Maximum deposit: 500 BTC Minimum deposit: 0.0005 BTC
Withdrawal fee: 0.1% (minimum 0.0005, maximum 0.01) Maximum withdrawal: 500 anyBTC Minimum withdrawal: 0.002 anyBTC
If your bridge transaction has been pending for more than 30 minutes, you can use the AnySwap block explorer to check on its status, and you can use the "Tools" tab within the Explorer to complete the transaction if it has stalled. https://anyswap.net/explorer
