BCH movement/recovery using bridge (BenSwap) 3
Today, I will explain about the last escape bridge at the present time, Boshintang Gaehole.
After the Bolivar Bridge of BlockNG Dex Exchange, it is also inside the Boshintang Swap.
We built our own bridge to escape to Binance BSC.
It is a positive phenomenon that there are several escape routes even within the smatvicae.
Giving users multiple alternatives and options
Therefore, checks and balances will be maintained against the influence of monopoly.
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The trading pairs that can be bridged in Boshintang Swap are:
BCH/bbBUSD (BCH / BenSwap Bridged Binance USD)
GBEN/BCH (Golden BEN / BCH) omitted due to lack of liquidity
EBEN/GBEN (Golden BEN / EBEN) omitted due to insufficient liquidity
Once you add bbBUSD on the main screen
https://benswap.cash/
https://benswap.cash/farms
Next is the liquidity check.
It is not a large size if the liquidity is about $55,478, which is equivalent to about 233 BCH + 26,000 BUSD at the moment.
https://dexscreener.com/smartbch/0xf9efb594f6d7644961a6126895242c0ce3341f10
Alternatively, the telebot below will notify you of the pool status every morning.
https://t.me/benswapbridge
In other words, I sold the wBCH / sBCH / staking compensation EBEN I had inside Smatvica and got a refund in BUSD.
The concept of withdrawing from BSC in BUSD
If you proceed in the opposite direction, you can transfer BUSD and exchange it for wBCH / sBCH in Smatvicae and use it for staking bosintang.
The bridge that escapes intactly without swapping my wBCH/sBCH with other tokens is possible in Sha-GATE V2, a self-upgrade of Smatvicae.
Mainly because it is the stablecoin / BCH / Governance Token type (EBEN) that survives to the end
Most liquidity is concentrated here, interest rate is low but swap stability is high
Check the ratio carefully before conversion
If the conversion amount is large:
Using multiple pools (some in BCH/bbBUSD, some in CoinEX EBEN/USDT, and some in BlockNG BCH/bcBCH)
Little by little without affecting it, and then little by little again after waiting for the grass to recover
Conversion can swap EBEN itself to bbBUSD, but in the end it goes through WBCH once, so check the conversion rate carefully once again
BNB is used for fees in BSC, so prepare in advance in your Metamask wallet
After that, if you own bbBUSD, you will move to the bridge below.
https://benswap.cash/bridge
Check balance 0 after transfer
Now after moving to manual claims
Enter the transaction ID for which BCH was paid as a fee and proceed
After the claim is completed
Check your BUSD balance
Add BUSD token after moving to BSC version of Bosintang Swap
https://benswap.finance/
Confirm BSC Chain Selection
Check your BUSD balance
Escape to Binance
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When entering, turn in the opposite direction
The reason for choosing BUSD is that it has ample liquidity at the moment.
View liquidity on a case-by-case basis and select the largest trading pair
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A collection of articles related to BCH staking
BCH movement / recovery using bridge (CoinEX/EBEN)
BCH movement / recovery using bridge (BlockNG)
Below is for reference only, before the Coinplex crisis.
Staking by mark.kim [Let's do it with computer X mobile phone!]
Bitcoin Cash staking and farming additions.