Subscribe to Our Newsletter
Thursday August 18, 2022
Bitcoin (BTC) $23,454.28   Ether (ETH) $1,848.13
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Koinly
CryptoNinjas
Home Crypto Exchanges

Crypto trading platform Orion Terminal integrates Binance Bridge

Thanks to Binance Bridge via Orion Bridge, users can carry out a trade on the ETH ecosystem, with all settlements on Binance Smart Chain...

Published by CryptoNinjas.net
05/21/2021
Crypto trading platform Orion Terminal integrates Binance Bridge

Decentralized exchange aggregation ecosystem Orion Protocol, announced today it has now integrated Binance Bridge into its trading terminal via Orion Bridge. In doing so, Orion Protocol enables users to efficiently trade across the ETH ecosystem on the Binance Smart Chain; which offers access to ETH assets – without ETH network fees and latency.

Currently built on Ethereum and Binance Smart Chain, Orion has also initiated integration with Cardano, Polkadot, Fantom, Avalanche, HECO, Elrond, and more.

Orion Protocol has created Orion Bridge to integrate different chains’ respective bridges into the terminal to enable cross-chain trading between assets held across different chains.

Binance Bridge creates a gateway to cross-chain liquidity from other blockchains onto the Binance Chain and Binance Smart Chain dApps. The number of projects built on Binance Smart Chain continues to grow, but these projects (including PancakeSwap) are yet to integrate Binance Bridge into their platforms, requiring users to use an external bridge with a number of steps in place in order to trade cross-chain.

More Efficient Trades

With Orion’s integration of BSC already in place, integrating the Binance Bridge into Orion Terminal via Orion Bridge improves interoperability between the Binance Smart Chain ecosystem and Ethereum.

While many decentralized aggregators and exchanges work to enable cross-chain trading, Orion Protocol is the first to make significant strides in doing so, allowing users to trade assets across the ETH ecosystem via other chains in its first iteration of Orion Bridge. This enables traders greater flexibility, accessibility, and affordability in trading, allowing users to trade ERC-20 tokens without the associated latency and ETH network fees.

Not only does BSC halve wait times for off-chain order execution and on-chain order settlement, but transactions on BSC can also cost 135x less than they currently cost on Ethereum, making commissions for deposits, withdrawals, orders, etc. on the terminal negligible.

Users will be able to trade ERC-20 tokens listed on Orion Terminal directly from their ETH wallet on Binance Smart Chain using a ‘helper wallet’ – with all settlements on Binance Smart Chain. Users need only to pay Ethereum network fees when depositing into the smart contract on Orion Terminal; all subsequent trading and withdrawals will benefit from the marginal network fees of BSC.

Additionally, integrating Binance Bridge enables the support of native tokens like BTC, LTC, DOT, and others; allowing users to trade native (not wrapped) tokens directly on the Terminal via Metamask.

Orion Protocol is building a decentralized gateway to the crypto market to include every centralized exchange, decentralized exchange, and swap pool. While Orion works towards its goal of integrating every major chain and exchange, it is the only liquidity aggregator in the market to provide decentralized access to centralized exchange liquidity.

111
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: orionprotocol.io/binancebridge

Related News

IOHK to integrate Cardano into decentralized crypto trading platform Orion

06/23/2021
IOHK to integrate Cardano into decentralized crypto trading platform Orion

Orion, a DeFi ecosystem and crypto trading platform along with blockchain engineering company IOHK, today announced a partnership to integrate the Cardano blockchain into Orion's trading terminal. The Orion terminal allows users access to...

Read more

Polkadot powered reinsurance platform UnoRe integrates with Orion Protocol

04/27/2021
Polkadot powered reinsurance platform UnoRe integrates with Orion Protocol

Orion Protocol, a layer-2 solution that enables users to access deep, cross-chain liquidity across DEXs, CEXs, and swap pools, today announced UnoRe as the latest partner to use the Orion Liquidity Boost Plugin (LBP)....

Read more

Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

04/14/2021
Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

Orion Protocol, a liquidity aggregator building a decentralized gateway to the crypto market, announced today Orion’s code has been successfully migrated to the Polkadot ecosystem via Moonbeam and is underway with building out the...

Read more

Elrond blockchain to help solidify crypto liquidity aggregator Orion

11/28/2019
Elrond blockchain to help solidify crypto liquidity aggregator Orion

Elrond, a recently launched high-performance blockchain network, announced today it has partnered with Orion Protocol to help solidify its crypto liquidity platform. Orion Protocol is a liquidity aggregator that connects centralized and decentralized exchanges...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
ELLIPAL now supports Zcash (ZEC) for cold storage and trading

ELLIPAL now supports Zcash (ZEC) for cold storage and trading

01/14/2020
Crypto exchange Kraken's second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

08/12/2022
Blocknative releases new tool to enable high-speed propagation of ETH transactions

Blocknative releases new tool to enable high-speed propagation of ETH transactions

08/11/2022
SynFutures plans to integrate with Router Protocol to improve multi-chain access

SynFutures plans to integrate with Router Protocol to improve multi-chain access

08/11/2022
Crypto exchange Kraken's second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

08/12/2022
Blocknative releases new tool to enable high-speed propagation of ETH transactions

Blocknative releases new tool to enable high-speed propagation of ETH transactions

08/11/2022
SynFutures plans to integrate with Router Protocol to improve multi-chain access

SynFutures plans to integrate with Router Protocol to improve multi-chain access

08/11/2022
New Serum powered DEX for Solana from Vybe Network launches

New Serum powered DEX for Solana from Vybe Network launches

08/10/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version