Using EGSwap without Centralized Exchanges

EGSwap is a decentralized application. That means, unlike Binance or other centralized platforms, you don't need to register an account to use it... You just need a crypto wallet. So how can you get crypto onto EGSwap without using a centralized exchange?

In this tutorial, we're going to guide you through the process of using "cross-chain bridges" to transfer your assets into your BNB Smart Chain wallet, and start using EGSwap.

Move your assets from other blockchains to BNB Smart Chain

You can use a variety of different cross-chain bridges to transfer tokens from Ethereum or other networks, onto BNB Smart Chain.

In the following tutorials, we are going to demonstrate moving USDT from a variety of different blockchains to BNB Smart Chain, using three different cross-chain bridges.

Binance Bridge (Recommended)

Binance Bridge may be the easiest bridge to use for moving assets onto the Binance Smart Chain (BSC).

In the following example, we'll show you how to move USDT from TRON blockchain to BSC using Binance Bridge.

The process is about the same for moving from Ethereum to BSC.

1. Prepare your TRON wallet with USDT and some TRX for bandwidth (gas).

2. Since Binance Bridge only supports MetaMask and Binance Chain Wallet. If you are using other wallet apps, we recommend you import your wallet into MetaMask.

3. Navigate to https://www.binance.org/en/bridge

4. Connect your MetaMask or Binance Smart Chain wallet.

5. Select TRX Network as "From", Binance Smart Chain Network as "To". Then type in the amount of USDT you want to transfer.

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6. Additionally, you can ask Binance Bridge to swap some BNB for you in the process of moving your USDT from TRON to BSC. This is particularly helpful when you are new to Binance Smart Chain with a fresh wallet, and need some BNB for gas.

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7. Double-check check the “Destination” field is showing the correct Binance Smart Chain wallet address you’ve connected.

8. Click “Next”. And choose the fourth option.

   WARNING: You can only send funds from a blockchain wallet (in this case, TRON). If your funds are under some other centralized exchange, please move them to the blockchain wallet first.

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9. Make sure everything is correct, and click “Next”.

10. Finally, please follow the on-screen instructions, use your blockchain wallet (in this case, TRON wallet), and send funds to the given address. Please make sure:

    1. The address is correct.

    2. Complete in one single transaction.

    3. Complete within the deadline. (shown below as countdown)

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11. Once you complete the transaction. You should receive your fund in Binance Smart Chain wallet in a few minutes. After that, you can start using EGSwap to swap some tokens on Binance Smart Chain!

Additionally, you can check out the video tutorial from Binance.