BCPAY FINTECH And ANYSWAP PARTNERSHIP
We are pleased to announced BCPAY FinTech partnership with AnySwap. Through this partnership, users will get access to Anyswap’s amazing features that will truly provide community satisfaction with decentralization experience.
Anyswap is a decentralized cross-chain swap protocol that provides automatic pricing and liquidity systems. Anyswap technology is based on Fusion DCRM technology, with automated pricing and liquidity system, allowing users to benefit from low network fees especially on cross-chain solutions. It runs on the Fusion , Binance Smart Chain , Ethereum and Fantom blockchains networks.
AnySwap Unique Features:
- Decentralized Cross Chain Bridge — Users can deposit any coins into the protocol and mint wrapped tokens in a decentralized way.
- Cross Chain Swaps — Users can immediately swap from one coin to another.
- Programmed Pricing and Liquidity — Liquidity provider could add and withdraw liquidity into swap pair. The programmed pricing system is based on the liquidity provided.
Some Key FAQs about AnySwap
1.How does Anyswap work without knowing my Private Key?
This is one of the most important aspects of a trustless DEX. Anyswap uses the Fusion DCRM technology. With DCRM, your Private Key is ‘sharded’, or split up with each piece being managed by a different node on the network. To make an exchange of value, a transaction must be signed by each of these nodes, but the important part is that the PRIVATE KEY IS NEVER ASSEMBLED and so the transaction cannot happen without all of these nodes colluding. This is the safest non-custodial way of sending assets. When you want to make an exchange of value on Anyswap, you must either authorize the transaction using MetaMask, or a hardware device like a Ledger connected to your wallet.
2. Who are the Anyswap management team?
They are drawn from the Fusion Foundation. The acting CEO is Zhaojun He and DJ Qian is very active in the team.
3. Why are Fusion, Fantom and Binance Smart Chain’s addresses the same as Ethereum’s?
These blockchains were all forked from Ethereum and kept its address format. If you send Fusion’s coin FSN, or tokens on Fusion like ANY to an Ethereum address, you will not see them in an Ethereum wallet like Trustwallet, ot MyEtherWallet because they use a different blockchain (and blockchain ID). YOU HAVE NOT LOST YOUR assets though, since you can simply open a Fusion wallet using the same Private Key, wallet file + password, or hardware wallet (using the ETH extension) and you will see your assets there. The same applies to assets on the other blockchains Fantom and Binance Smart Chain.
4. Are Anyswap’s smart contracts audited?
Yes. All new chains are audited by the company Slow Mist before going live. Here is the audit of Anyswap.
ABOUT BCPAY FINTECH
BitCashPay is your All-In-One DEFI platform in the blockchain world. BitCashPay seeks to distribute financial purchasing power evenly to the local communities. It’s outstanding features includes digital payments using BCPAY token, BCPAY Academy, Crypto Bank and an NFT game to mention a few. The application for cellphone load in the Philippines is already available to more than 100 million Filipino mobile subscribers!
BCPAY FINTECH ($BCPAY TOKEN) BRIDGE
To bridge your BCPAY Token from BSC network to Polygon (Matic), visit https://anyswap.exchange/#/bridge and connect your BSC wallet. On the first token selection box, search for BCPAY as your token and Binance Smart Chain as your current network. On the second selection box, it should display BCPAY and Matic Mainnet. Click SWAP and confirm the transaction on your wallet.