Rubic.exchange announces the integration of the Panama Binance Bridge service into the platform.
Today we want to announce that on the 28th of January the beta version of Panama Bridge integration on Rubic will be released for the users.
The number of users using ERC-20 and BEP-20 tokens is growing every day. Both Ethereum and Binance Smart Chain have more than 800 thousand daily active users. Our global vision for Rubic is to develop a one-stop solution to exchange tokens between any blockchains in a secured and decentralized way. Panama Bridge Integration is an important milestone from our roadmap.
How it works
On Rubic.Exchange you will be able to swap ERC20 with their corresponding BEP20 version and vice-versa (for example, swap USDT- ERC20 with USDT-BEP20). Since Ethereum is facing high gas fees, BSC is looking more attractive for traders. Users will be able to transfer their tokens into the BSC ecosystem within the Rubic platform.
Rubic Cross-Chain Solutions
Rubic is a DeFi project which aims to drive crypto into new levels of adoption. One of the steps to make this happen is to develop an interoperability infrastructure between different blockchains within Rubic’s DeFi ecosystem.
Panama Binance Bridge is another step taken forward towards the complex integration of cross-chain solutions into Rubic DeFi.
But the most important purpose of Panama Binance Bridge integration is to simplify and connect users from different blockchains, achieving a higher market liquidity. This cooperation will help us to create simple and reliable cross chain solutions between users of Ethereum and Binance Smart Chain networks.
About Panama Binance Bridge
https://www.binance.org/en/bridge
Panama is a bridge service that provides access to inter-blockchain liquidity for decentralized applications on the Binance Chain and Binance Smart Chain. This brings valuable digital assets such as BUSD, USDT, and ETH to the Binance Chain ecosystem. Right now, there are 16 tokens, including many major cryptocurrencies, that you can use with this solution.
About Rubic
https://rubic.exchange and https://rubic.finance
Rubic is a Multichain DeFi platform that organizes DeFi services to enable a project to create, manage, and trade tokens in a decentralized manner in ONE PLACE. Rubic supports Instant Trades, where users can swap tokens and get the best rates from all leading protocols (thanks to a DEX aggregator implementation), as well as P2P swaps within an Order Book where users can make deals on their own terms.
At the moment Rubic supports trades on Ethereum, Matic, and Binance Smart Chain networks.
