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Gungun Bhatia
Nov 10, 2022
by Gungun Bhatia

MetaMask Releases Bridge Aggregator for Cross-Chain Crypto Transfers

MetaMask Bridge Aggregator

Table of contents

  1. MetaMask Bridge Aggregator With Blockchains
  2. Portfolio Dapp - New Decentralized App (DApp)
MetaMask, a supplier of cryptocurrency wallets, introduced a new tool to compile bridge services for customers who wish to move their cryptocurrency across other networks. According to a blog article by MetaMask, the service is a component of its recently released portfolio application and is now in beta testing. In the case of a cryptocurrency, bridging entails the movement of tokens from one chain to another and necessitates the usage of a bridge provider. Connext, Hop, Celer cBridge, and Polygon Bridge are the four bridge providers that MetaMask claims their bridge aggregator will serve.

MetaMask Bridge Aggregator With Blockchains

MetaMask Bridges is interoperable with significant blockchains such as BNB Smart Chain, Ethereum, Avalanche, and Polygon. With the new tool, it is possible to connect major stablecoins, native gas tokens, and Wrapped Ether (WETH) and Ether. According to the company, users can move up to $10,000 worth of supported tokens and enabling them to determine the most affordable way to transfer coins across compatible networks using any of these bridges.

According to MetaMask, there will be no costs for bridging cryptocurrency transactions during the beta period. The platform wants to include Layer 2 chains like Optimism and Arbitrum in its coverage area.

Portfolio Dapp - New Decentralized App (DApp)

The Portfolio Dapp, a new decentralized application (DApp) that enables users to examine numerous MetaMask accounts and their holdings in one location, is now offering the new bridge option to all MetaMask users in beta. According to MetaMask, the Portfolio Dapp, which went live in beta in September 2022, now enables users to bridge across networks in a few simple clicks.

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MetaMask Releases Bridge Aggregator for Cross-Chain Crypto Transfers
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.