LayerSwap is now Listed on TokenPocket!
We are happy to announce that a great Layer 2 feature — LayerSwap is now listed on TokenPocket! Users can now enjoy withdrawing tokens to your Arbitrum, Optimism, Polygon, zkSync wallets from any exchange, for low fees!
How does LayerSwap work?
Have you ever transferred tokens, for example, from a Binance account to another Binance account? If yes, you have noticed that those transfers are free. Because internally, an exchange company doesn’t pay on-chain gas fees.
Using Bransfer, LayerSwap makes use of this idea by simply offering you to send coins from your, for example, Binance account to their Binance account. In return, LayerSwap sends you the same amount, minus a small fee, to your chosen Layer 2 address.
All of this happens instantly and without gas fees!
What exchanges are supported? So far, Coinbase, FTX, FTX US, Binance, Huobi, OKX, Kucoin and Bitfinex are supported by LayerSwap.
How to use LayerSwap on TokenPocket?
- Enter “LayerSwap” on your TokenPocket’s “DApp Browser”. Enter any amount, exchange, and network.
2. Login or create a new Bransfer account. Depending on the exchange, Bransfer asks you to connect your exchange account or read-only API keys. The reason Bransfer needs this information is that Bransfer will only release your tokens on Layer 2, once Bransfer has the confirmation (from the API) that you successfully sent your tokens.
Check out LayerSwap’s guide on each exchange: https://www.layerswap.io/userguide
LayerSwap solves one simple, growing problem for Layer 2:
Withdrawing tokens from Coinbase, Binance, and co is expensive, and often Arbitrum, Optimism, Polygon, and others aren’t even supported on those exchanges.
Save 10x on fees when moving crypto from Coinbase, Binance, or FTX to Arbitrum, zkSync, Loopring, and other L2s.
TokenPocket is the world’s leading multi-chain self-custodial wallet, which supports mainstream public chains including BTC, ETH, BSC, Polygon, Solana, HECO, Klaytn, Avalanche, Tron, OEC, HSC, Fantom, Polkadot, Kusama, EOS, etc. The private key is stored in the user’s own device and never uploaded to the server, so the user can fully control crypto assets. TokenPocket has provided reliable services for over 10 million users around the world. The number of monthly active users exceeds 5 million and the users are located in more than 200 countries around the world.