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Immutable (IMX) Integrates Squid for Seamless Cross-Chain Token Bridging

August 27, 2024
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Lawrence Jengar
Aug 27, 2024 02:35

Learn to bridge tokens throughout totally different chains utilizing the Immutable (IMX) Toolkit, now built-in with Squid for enhanced performance.





Immutable (IMX) has introduced the mixing of Squid into its Immutable Toolkit, offering customers with the power to bridge tokens throughout totally different blockchain networks seamlessly, in line with Immutable weblog.

What’s Immutable Toolkit?

The Immutable Toolkit serves as an entry level for varied functionalities together with shopping for, swapping, and transferring tokens. It additionally permits customers to entry their pockets addresses or disconnect from them. With the latest integration of Squid, customers can now bridge any tokens from any chain to any token on Immutable zkEVM.

Step-by-Step Information to Bridging Tokens

The method to bridge tokens utilizing the Immutable Toolkit is easy and includes the next steps:

Step 1: Entry the Toolkit

Go to Immutable Toolkit and click on on “bridge” or “Squid”.

Step 2: Join Your Pockets

Join the pockets of your option to the platform.

Step 3: Choose Supply Chain and Token

Select the supply chain you’re bridging from and the supply token you’ll be utilizing.

Step 4: Select Vacation spot Token

Choose the token on Immutable zkEVM that you simply wish to bridge into. As an illustration, customers can bridge into $GOG, the Guild of Guardians token.

Step 5: Finalize the Bridge

Enter the quantity of the supply token you want to bridge, evaluate your order, and click on submit. A “Full” message will seem as soon as the order has processed, indicating that your tokens at the moment are on Immutable zkEVM.

Disclaimer

This information is for informational functions solely and doesn’t represent funding recommendation. Immutable disclaims all legal responsibility for any loss or injury arising from the usage of this information. Customers are suggested to evaluate the insurance policies, phrases, and circumstances of third-party companies earlier than partaking with them. Dealing in crypto property includes dangers, together with these associated to transferring and bridging property throughout totally different blockchain environments.

Picture supply: Shutterstock



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Tags: BridgingCrossChainImmutableIMXIntegratesSeamlessSquidtoken
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