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Cryptocurrency News Articles

SafePal Integrates deBridge to Enhance Cross-Chain Interoperability for Users

Jul 30, 2024 at 02:20 am

SafePal has announced a new integration with deBridge. It aims to enhance cross-chain interoperability for its users. This integration allows seamless token

SafePal Integrates deBridge to Enhance Cross-Chain Interoperability for Users

Hardware crypto wallet platform SafePal has announced a new integration with deBridge. The integration will allow SafePal users to seamlessly swap tokens between EVM (Ethereum Virtual Machine) networks like Ethereum, BNB Chain, and Arbitrum, as well as non-EVM chains like Solana.

The integration will be available through the SafePal swap feature. When deBridge acts as a provider in the swap feature, customers will benefit from lower prices, higher liquidities, and faster trade execution. They will also receive the chance to earn in deBridge points in the Season 2 of the rewards program. Like Season One that ended on the 23rd of July, any user who uses deBridge fee during swaps is as usual rewarded 100 deBridge points for every $1 used.

This integration is part of SafePal’s efforts to build a more interconnected Web3 ecosystem where users can navigate better. deBridge is referred to as DeFi’s ‘internet of liquidity,’ ranging from the real-time transfer of assets and information throughout DeFi. While many pools of liquidity can become bottlenecked and risky, deBridge provides high liquidity, thin spread, and fixed rate on various cross-chain operations.

A crypto wallet platform encompassing multiple elements, SafePal is backed by Animoca Brands, Binance, and Superscrypt. It allows the user to securely interact with opportunities in the decentralized world as the company’s hardware wallet, the mobile application, and the browser extension wallet.

Integrating with deBridge expands SafePal’s capabilities and improves its products and the whole experience of the users in the sphere of cryptocurrencies.

Original source:blockchainreporter

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