Phantom Unveils Cross-Chain Swapper
Phantom introduces "Cross-Chain Swapper," simplifying token bridging between Ethereum and Solana.
The Deets
- In-wallet token bridging: Directly bridge tokens within the Phantom wallet
- Hassle-free process: Eliminate the need for external bridges or centralized exchanges
- Optimization: Automatically finds the best route for speed and cost
- Real-time updates: Stay informed throughout the bridging process
The Bulk
Phantom, a leading crypto wallet, is revolutionizing web3 with its latest innovation - the Cross-Chain Swapper. This tool is designed to simplify the process of bridging tokens between the Ethereum and Solana blockchains. Users can now seamlessly bridge tokens right within their Phantom wallet, bypassing the complexities of using external bridges or centralized exchanges.
The Cross-Chain Swapper is engineered to automatically find the most efficient route for each transaction, prioritizing speed and cost. Furthermore, Phantom provides real-time updates to users, ensuring transparency and peace of mind during the bridging process.
For Ethereum users looking to explore the Solana ecosystem, Phantom makes it effortless. Users can either import their existing Ethereum wallets into Phantom or create a new Phantom wallet and fund it with ETH. The Cross-Chain Swapper allows for the bridging of any EVM-compatible token to USDC on Solana.
Additionally, Phantom's Refuel feature enables users to convert a portion of their bridged tokens into SOL, facilitating immediate transaction capabilities upon bridging.
The feature also allows for the bridging of select tokens to and from the Polygon blockchain as well.
🎤 Platform Prose
{LuckyQuote quote="With our new Cross-Chain Swapper, you can bridge tokens across Solana, Ethereum, and Polygon, right in your Phantom wallet." source="Phantom"}
🔜 What's Next?
The rollout of the Cross-Chain Swapper will occur progressively over the next few hours, with all users gaining access to this innovative feature shortly.
For more web3 and NFT news, visit the Lucky Trader newsfeed.