Velas Expands Cross-Chain Bridging to Avalanche

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Teriano Porter

4 Apr 2024

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Exciting news for the Velas community! We're thrilled to announce that Velas has extended its cross-chain interoperability by enabling bridging to Avalanche, a prominent blockchain platform known for its high throughput and low fees. This strategic enhancement opens up new opportunities for Velas users to seamlessly interact with the Avalanche ecosystem and access VLX tokens with AVAX on Pangolin, Avalanche's leading decentralized exchange (DEX), boasting high trading volume and liquidity.

Users now have the flexibility to acquire VLX tokens directly with AVAX on Pangolin, offering a convenient and efficient trading experience with minimal fees and fast transaction speeds. Alternatively, users can leverage Swapz, Velas' native bridge, to exchange VLX tokens between the Avalanche and Velas blockchain. This integration not only enhances accessibility but also ensures that users can enjoy the benefits of fast transactions, low fees, and increased efficiency across both ecosystems.

With bridging capabilities extended to Avalanche, Velas continues to demonstrate its commitment to providing users with seamless access to diverse blockchain networks while prioritizing speed, security, and cost-effectiveness. This expansion marks another significant step forward in Velas' mission to drive innovation and foster greater interoperability within the broader blockchain landscape.

How to Buy VLX token with AVAX on Pangolin DEX:

https://raw.githubusercontent.com/velas/tokenlists/main/velas.tokenlist.json
  • Enter the desired amount of $AVAX to exchange for $VLX tokens and execute the trade.
  • Monitor the transaction and confirm the successful completion of the exchange.

Bridging back to Velas Blockchain with Swapz:

  • Visit the Swapz website (https://cross2.swapz.app/).
  • Connect your wallet and select the bridging option for VLX tokens between Avalanche and Velas.
  • Follow the on-screen instructions to initiate the bridging process.
  • Confirm the transaction details and complete the swap to transfer VLX tokens between the Avalanche and Velas blockchains.

Conclusion

The expansion of cross-chain bridging to Avalanche represents a significant milestone for Velas, furthering our commitment to enhancing accessibility and efficiency for our users. Whether you prefer trading directly on Pangolin or utilizing Swapz for cross-chain transactions, Velas ensures a seamless experience with fast transactions, low fees, and increased flexibility. Stay tuned for more updates as we continue to explore new opportunities and innovations to empower our community and drive the evolution of blockchain technology.

Thank you for your continued support and participation in the Velas ecosystem. Together, we're shaping the future of blockchain technology.

Stay connected with us on our social media channels and community platforms for the latest news, updates, and insights.


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