• Home
  • News
  • AMA’s
  • Calendar
  • Tutorials
  • Videos
  • Advertising
  • Contact Us
  • Disclaimers
    • Careers
    • About BSCTimes
    • Privacy Policy
    • CCPA
    • DMCA
    • Terms of Use

Featured Articles

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes2 Mins Read
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes2 Mins Read
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes1 Min Read
News

Uniswap Poll Shows Overwhelming Support to Move to BNB Chain

January 23, 2023By BSCTimes2 Mins Read

Subscribe for Updates

Get the latest cryptocurrency news, information and updates.

Sunday, January 29
Latest
  • Robinhood Promotes Scam Token on BNB Chain
  • BUSD Sees Large Market Cap Decrease
  • Binance Holds User Funds and Reserve Tokens in Exchange Wallet
  • Uniswap Poll Shows Overwhelming Support to Move to BNB Chain
  • Binance Makes Strict Rules for NFT Listings
  • Uniswap Voting to Deploy on BNB Chain
  • Anonymous Crypto Wallet Moves $50M of Ethereum to Binance
  • Universities in the Philippines to Offer Bitcoin and Crypto Services with Binance
  • Voyager Hoping to Expedite Binance Takeover
  • Binance Partners with Mastercard to Launch a Crypto Prepaid Card in Argentina
Twitter YouTube Reddit RSS
BSC🔶Times BSC🔶Times
Switch to PolygonTimes
  • Home
  • News
  • AMA’s
  • Tutorials
  • Token Prices
  • Get In Touch
    • About BSCTimes
      • Contact Us
      • Careers
    • Advertising
      • Press Kit
    • Publisher Center
      • Cart
      • Checkout
    • Disclaimers
      • Cookie Policy
      • Privacy Policy
      • CCPA
      • DMCA
      • Terms of Use
BSC🔶Times BSC🔶Times
Home»News»Press Releases»Rubic Offers the World’s First and Only Cross-Chain Routing Solution
Press Releases

Rubic Offers the World’s First and Only Cross-Chain Routing Solution

BSCTimesBy BSCTimesAugust 27, 20215 Mins Read
Rubic Featured Image
Share
Reddit Twitter Email Facebook

In the past four months, the Rubic development team has identified some of the most important problems facing the crypto industry today and have been working on a groundbreaking new feature that has the potential to  revolutionize the crypto space. We have created and are in the midst of testing the world’s first cross-chain routing solution and will officially launch on the 31st of August.

The Problem

Unfortunately, the current state of trading platforms in the crypto industry is still overly complex with plenty of restrictions regarding many crypto-related features. One of the biggest problems plaguing crypto investors is in relation to the transfer of a large amount of tokens across different networks through network bridges with limited swap options. Not every token can be swapped while bridges might have a dozen cryptocurrency pairs to swap between at best. This is where Rubic comes in, enabling at launch the ability to swap over 7,500 tokens across three different blockchain networks: Ethereum, BSC, and Polygon.

Every network has its pros and cons, while investors are increasingly finding the need to transfer their assets between different blockchains. Currently, many projects have created, or attempted to create their own cross-chain solutions and integrate bridges onto their platforms. This has significantly changed the world of DeFi, but there are still some major issues that people are facing when they want to transfer their tokens to another network. Almost all available bridges have their restrictions, limits and risks, which users are constantly facing when they transfer their funds. 

Even the most popular bridges have numerous restrictions that still make the process fairly difficult. The Binance Bridge for example, only allows a maximum of three trades per 15 minutes. In addition, every bridge usually only has a small, select list of specific tokens that are available for swaps across networks. 

While these tokens are often the most popular ones, this doesn’t make it any less of a problem for people who prefer to hold different assets. With new projects being released on a regular basis, there are hundreds, if not thousands, of tokens on Binance Smart Chain alone. Investors often need to make two or three trades (while paying gas fees for each one) before they’re finally able to transfer funds onto their target network. 

Their problems don’t stop there! Even after completing several steps and successfully swapping their assets to the currency that the bridge supports, investors will need to make sure they have the native coin of that network to pay for gas fees. How do they get ETH for Ethereum and MATIC for Polygon? You guessed it…more swaps.

It’s because of issues like this that often deters investors from completing cross-chain swaps at all. The sheer complexity of swaps is overly complex, takes too long and is far too expensive for the simple act of transferring tokens across networks.

Rubic to the Rescue

With Rubic, there is now light at the end of the tunnel. While other projects claim to offer cross-chain swap support on their platforms, their solutions are limited and gimmicky at best whereas Rubic has created an actual and true cross-chain swap solution.

Rubic’s main goal in DeFi is to unite all blockchain networks into one place, and help DeFi users easily swap any and all 7,500 assets in the easiest and most profitable way possible.

To accomplish this, we’ve created Rubic’s Cross-Chain Routing, a tool that will enable traders to swap any token, on any network, quickly and without complicated, unnecessary steps. We fully expect the launch of this feature to be hugely popular with (and frankly a massive relief to) anyone currently swapping tokens between different blockchain networks.

The above diagram gives you an idea of just how much our Cross Chain Routing solution will help in simplifying the current process of swapping Token A to Token B on a different chain. Where users currently have to go through a 14 step process (depicted by the journey on the right), users who use Rubic’s Cross Chain Routing Solution will see that significantly reduced to only four steps.

Our Cross-Chain Routing feature will launch with three major blockchain networks: Ethereum, Binance Smart Chain, and Polygon. Over time, we’ll continue to expand and are planning to add new blockchains such as Harmony, Solana, Fantom, Cardano, and more.

We are in the final stage of testing and will soon be ready to release this feature to the entire world. The days of complicated and limited cross-chain swaps are about to be a thing of the past. 

The World’s First and Only Cross-Chain Routing Solution is on rubic.exchange! 

Check out our Socials

  • Twitter: https://twitter.com/CryptoRubic
  • Telegram: https://t.me/cryptorubic_chat
  • Reddit: https://www.reddit.com/r/Rubic/new/
  • Medium: https://cryptorubic.medium.com/
  • Website: https://rubic.exchange/
  • Discord: https://discord.com/invite/hayrHU2Tvh
  • CoinMarketCap: https://coinmarketcap.com/currencies/rubic/
  • CoinGecko: https://www.coingecko.com/en/coins/rubic

Disclaimer: This is a paid press release, BSCTimes does not endorse and is not responsible for, or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BSCTimes is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Join @BSCTimes on Telegram
BSC Cross-Chain featured Featured Articles Press Release Rubic

Related Posts

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes
Read More
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes
Read More
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes
Read More

Comments are closed.

en English
af Afrikaanssq Shqipam አማርኛar العربيةhy Հայերենaz Azərbaycan dilibe Беларуская моваbn বাংলাbg Българскиca Catalàzh-CN 简体中文zh-TW 繁體中文hr Hrvatskics Čeština‎da Dansknl Nederlandsen Englisheo Esperantotl Filipinofi Suomifr Françaiska ქართულიde Deutschel Ελληνικάgu ગુજરાતીht Kreyol ayisyeniw עִבְרִיתhi हिन्दीhu Magyaris Íslenskaig Igboid Bahasa Indonesiaga Gaeligeit Italianoja 日本語kn ಕನ್ನಡko 한국어ku كوردی‎lo ພາສາລາວla Latinlv Latviešu valodalt Lietuvių kalbalb Lëtzebuergeschmk Македонски јазикms Bahasa Melayuml മലയാളംmr मराठीmn Монголmy ဗမာစာne नेपालीno Norsk bokmålps پښتوfa فارسیpl Polskipt Portuguêspa ਪੰਜਾਬੀro Românăru Русскийsm Samoansr Српски језикsd سنڌيsk Slovenčinasl Slovenščinaso Afsoomaalies Españolsu Basa Sundasw Kiswahilisv Svenskata தமிழ்te తెలుగుth ไทยtr Türkçeuk Українськаur اردوuz O‘zbekchavi Tiếng Việtcy Cymraegyi יידישyo Yorùbázu Zulu

Featured Articles

News

Robinhood Promotes Scam Token on BNB Chain

January 27, 2023By BSCTimes
News

BUSD Sees Large Market Cap Decrease

January 26, 2023By BSCTimes
News

Binance Holds User Funds and Reserve Tokens in Exchange Wallet

January 24, 2023By BSCTimes
News

Uniswap Poll Shows Overwhelming Support to Move to BNB Chain

January 23, 2023By BSCTimes
BSC🔶Times
  • Homepage
    • News
      • AMA’s
        • Tutorials
  • BSCT Twitter
    • BSCT YouTube
      • BSCT Telegram
        • BSCT Reddit
          • BSCT Google News
  • Advertising
    • Publisher Center
      • Checkout
        • Cart
  • Disclaimers
    • Privacy Policy
      • Cookie Policy
        • Terms of Use
  • About BSCTimes
    • Contact Us
      • Press Kit
Copyright © Crypto Times Network 2023. All Rights Reserved.
BSCTimes.com | PolygonTimes.com

Type above and press Enter to search. Press Esc to cancel.