✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

Polygon Partners With RenVM Bridge for High-Speed, Low-Cost Transactions

Published 05/27/2021, 03:50 AM
Updated 05/27/2021, 04:30 AM
Polygon Partners With RenVM Bridge for High-Speed, Low-Cost Transactions
ETH/USD
-

  • RenVM’s first direct bridge partners with Polygon.
  • Providing users the benefits of high-speed and low-cost transactions.
  • RenBridge allows BTC, ZEC, BCH, and DOGE to connect soon with other assets.

RenVM’s first direct bridge partners with Polygon providing users the benefits of high-speed and low-cost transactions. Moreover, this collaboration allows the RenVM Bridge to add support for Polygon allowing users to take assets directly to Polygon.

More so, RenVM is an open protocol that provides inter-blockchain liquidity access and permissionless transfer of value between any blockchain. Without going through Ethereum, the RenVM Bridge allows users to deposit and withdraw native Ren-assets directly to Polygon.

Added to this, RenBridge allows users to connect BTC, ZEC, BCH, and DOGE with other assets soon to go live. Even more, the native asset that will be available for direct deposit or withdrawal on Polygon includes the following pairs: $renBTC/BTC, ...

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.