PancakeSwap Introduces One-Click Cross-Chain Swap Feature Supporting BNB Chain, Arbitrum, and Base

Decentralized Cryptocurrency Exchange PancakeSwap Announces Crosschain Swaps Feature

On Wednesday, decentralized cryptocurrency exchange PancakeSwap announced the launch of its “Crosschain Swaps” feature, enabling users to seamlessly swap tokens across three blockchains—BNB Chain, Arbitrum, and Base—directly from the familiar platform interface with just one click.

According to official information, this feature has been integrated into the PancakeSwap interface. Users can select the tokens they wish to swap and the target chain, and after confirming the transaction details, they can complete the cross-chain transfer and swap of tokens in a single transaction without needing to switch to other dApps. It is important to note that the input and output tokens must be supported by the liquidity pools on PancakeSwap.

PancakeSwap stated that there would be no additional cross-chain transaction fees during the initial launch of the crosschain swaps; only the standard AMM trading fees will apply. However, the platform will charge a bridging fee, which will be paid to the relayers of the cross-chain protocol Across Protocol that facilitate the transaction.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Bitcoin Momentum Slows! Leverage Risks Mount as Market Eyes Key Support at $110,000

On-Chain Analysis Company Glassnode ReportsOn-chain analysis company Glassnode noted in it…