Bitcoin Forum

TOP Cross-chain Bridge kills expensive gas fee!

 Three STEPS to avoid high gas fee:

1st Method:
1. Sell TOP(ERC-20) on Houbi Exchange
2.Withdraw USDT via TRC-20 channel
3.Buy TOP with USDT on DEX
4.Cross-chain complete!

2nd method:
1.Sell TOP(ERC-20) on Houbi Exchange
2.Transfer USDT to Binance via TRC-20
3.Withdraw USDT to wallet via BSC chain in Binance
4.Buy TOP with USDT on DEX
5.Cross-chain complete!

see the image:
 https://cryptorum.com/threads/too-much-fees-to-pay-three-steps-to-avoid-these-expensive-fees.662985/

it's obvious you are a big fan of huobi...

what is certain is that I prefer trading on binance or FTX and to reduce fees, of course FTX is my mainstay, so far based on my experience FTX is the exchange with the lowest fee.

There's a basic method for that if you want to convert erc20 to trc or bsc in order to safe fees. And for me probably BSC if the cheaper, and if i remember it correctly i used a swap site and also metamask wallet, wherein there's a video tutorial around the internet as well which i followed and it's totally legit. "sorry i cant see it on my bookmark" but yeah its true and a simple way than yours @op.

It is not cross-chain because here is a central point to pass through, so what you have done is the following:

• You deposited to a central platform.
• The data has been updated in that central platform.
• The withdrawal was made from the central platform to toher blockchain.

There is no cross-chain Bridge here as you can do it in one step if you use Automade CEXs.

The difference in using the central platform will not change anything.

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Ideal cross-chain bridge is a bridge that connects several blockchains using smart contracts, something that has not been applied perfectly.
The best you will get is the decentralized swap exchange between tokens  within the single blockchain.