Written by Logan Smith

On July 3, 2021

Proton-BSC bridges are now live, allowing XPR to interact with BSC assets

 

Proton (XPR) is now available on the Binance Smart Chain (BSC), creating new avenues for more people to interact with Proton. By utilizing a bridge on ProtonScan.io, XPR can be used in Binance products, increasing the potential volume of Proton transactions. Additionally, other X-token assets will be able to interact with Binance products in the future.

Binance Smart Chain is one of the most widely used blockchains in the world, with over 82 million unique wallet addresses and averaging over 4 million transactions per day over the last month. Now that Proton can interact with BSC products, millions of BSC users around the world are now exposed to XPR for the first time. This means that XPR is now available on the popular cryptocurrency swapping site Pancake Swap, and can be added to other BSC swapping sites in the future.

To ensure you’re interacting with the right Proton within the Binance ecosystem, double-check that you’re using the following BSC contract address: 0x5de3939b2f811a61d830e6f52d13b066881412ab
You can also check the BSC scan link here on the Binance Blockchain Explorer.

Porting XPR into another blockchain represents a large expansion of the Proton ecosystem. Every new way for a person to interact with Proton represents an increased demand for the network, signalling continued growth of what we are building. Each new person that is able to hold XPR becomes part of a decentralized and growing matrix of wallet addresses that can interact with each other.

Additionally, this bridge is a two-way street, meaning BSC assets can become Proton-wrapped and interact with Proton products as well. As we’ve outlined before, Proton-wrapped cryptocurrencies enjoy all of the benefits of the Proton blockchain, including instant transactions, no gas fees, and human-readable @names. Now that BSC tokens can run on Proton, millions of Binance users have an incentive to experiment with Proton products for the first time. At the moment, BNB is the first Binance token that can run on Proton, with a potential for other BSC assets to interact with Proton in the future.

Interested in what else Proton can do? Read about Proton on our website, and follow our primary social media accounts. We are constantly innovating and pushing the boundaries between TradFi and DeFi, so you won’t want to miss an update.

Welcome to Proton, we’re glad you’re here.

Other Proton articles:

Introducing Proton DEXember

Introducing Proton DEXember

It wouldn’t be right for us to finish the year without a traditional Proton Blockchain wordplay, and that’s why we’re seeing out 2022 with the launch of DEXember. #DEXember — Marshall Hayner (@MarshallHayner) November 24, 2022 The DEXember campaign is a month...

Black Friday – Reduced USDC Deposit Fees

Black Friday – Reduced USDC Deposit Fees

At Metallicus, we believe everyone should offer Black Friday deals, not just your favorite online shopping retailer. That is why we are delighted to announce that we have slashed the fees for the Proton Blockchain Fiat On-Ramp from today until December 31st, 2022....

The New Proton DEX | Decentralized & Compliant

The New Proton DEX | Decentralized & Compliant

Metallicus is delighted to announce the launch of the Proton Blockchain Decentralized Exchange (Proton DEX), a peer-to-peer marketplace that connects cryptocurrency buyers and sellers with each other while simultaneously ensuring that users remain in control of their...

Meet the Block Producers | EOSphere

Meet the Block Producers | EOSphere

Over the course of the next few months, we will be introducing you to the incredible Block Producers that power the Proton Blockchain. Discover their reasons for becoming Block Producers, how they discovered the world of Cryptocurrency and Blockchain, and the reasons...

Free Lifetime Trading with Proton DEX Keys.

Free Lifetime Trading with Proton DEX Keys.

The highly anticipated Proton Decentralized Exchange (Proton DEX) is almost here, supercharging the Proton Blockchain experience even further, bringing seamless and instant cryptocurrency exchange trading. Proton DEX will allow customers to trade their cryptocurrency...

Meet the Block Producers | Saltant

Meet the Block Producers | Saltant

Over the course of the next few months, we will be introducing you to the incredible Block Producers that power the Proton Blockchain. Discover their reasons for becoming Block Producers, how they discovered the world of Cryptocurrency and Blockchain, and the reasons...