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Binance, one of the worldu2019s largest cryptocurrency exchanges by trading volume, initially made its name on the back of its fiat-to-crypto trading pairs
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Everything you need to know about Binance Bridge DeFi Alternative Hasbon Binance, one of the world’s largest cryptocurrency exchanges by trading volume, initially made its name on the back of its fiat-to-crypto trading pairs. It has long since come to be recognized for its non-custodial DEX, and now it appears that the business is preparing to close down its Binance bridge. We shouldn’t even be aware of its presence, like most digital technology improvements. We expect to be able to move our assets around as we please, whenever we choose. That’s what a bridge does – it allows blockchains to communicate with one other. Binance Bridge is a helpful tool for people who aren’t yet familiar with the intricacies of cross-chain transactions, allowing them to move their assets from Ethereum to Binance Chain (for example) or vice versa. At the very least, there are plenty of alternative bridges to choose from as decentralized exchanges (DEXs) become more popular in the future. Although alternative options like Hashbon Rocket have yet to gain traction, they provide comparable services to Binance Bridge. In 2016, the firm launched with the goal of changing the crypto-payment centralized finance
industry for both companies and consumers. In 2021, Hashbon began operating in the Hashbon FiRe (Finance Reinvented) environment, where it introduced the first-ever cross-chain DEX (CDEX). The company’s objective is to FInovate and REinvent the existing crypto payment environment by providing a diverse ecosystem. Firstly it introduced the Hashbon Rocket CDEX for swapping cross-chain tokens (soon expanding to a DeFi ecosystem), followed by the Hashbon Quant wallet for receiving and transferring cryptos smoothly and safely. The Hashbon React payment gateway allows merchants to accept payments in 30+ cryptocurrencies with 0% commission. Moreover, the native HASH token is the very heart of Hashbon’s ecosystem. What is Hashbon Rocket CDEX? Hashbon Rocket provides the means to convert any ERC-20 token into BEP-20 variants and vice versa. The Hash CDEX MVP launched on September 9th 2021. Hashbon’s mission is to bring about financial innovation and reinvent the world of payment by promoting the blockchain industry as well as actively participating as an early-stage investor. The Hash CDEX, powered by the Hashbon blockchain, is one of a kind and allows you to make cross-chain payments while assuring security and transparency. The system has also been built to increase efficiency by using as few resources as possible. Thanks to Hashbon’s unique technology, the bridge is compatible with both Ethereum and BSC blockchains. Hashbon Rocket CDEX best DeFi alternative to Binance bridge? Hashbon Rocket CDEX is a decentralized matching engine that has been built from the ground up to give users complete control over their assets. It allows for cross-chain swapping between Binance Chain and Ethereum tokens while staying flexible enough for an infinite number of additional blockchains in the future. Hashbon’s team also takes security seriously. Hashbon was the first project to deploy the Hashbon Virtual Machine (HashVM) and HashScript programming languages, which are an additional safety measure for Hashbon’s users.