Users can now make cross-chain transactions at low costs from the Ethereum mainnet to Conflux eSpace and vice-versa using the Celer cBridge.
Celer Integrates Conflux eSpace
Celer Network has integrated another blockchain into its unique cBridge product. The protocol, dedicated to offering users numerous blockchain interoperable options, has implemented bridging support for Conflux eSpace.
The move enables users to bridge assets between Ethereum and Conflux networks through the fast, reliable, and low-cost cBridge product. The Celer cBridge allows users to bridge crypto assets securely between blockchains at a very low cost. The bridging support for Conflux eSpace will start with five assets before Celer expands to offer more assets in the future. Celer broke the news about the integration to the public on March 29 via its blog.
“Celer Network is excited to announce the successful implementation of bridging support for Conflux eSpace. Users can now bridge USDT, USDC, DAI, ETH, and WBTC between Ethereum and Conflux in a fast, secure, and low-cost fashion,” the protocol wrote.
The Conflux network is an exceptional blockchain in the Decentralized Finance (DeFi) space. It allows creators, communities, and markets to interact with different projects due to its support for multi-chain interoperability. In addition, the blockchain has Proof-of-Work (PoW) security, true scalability and attracts low fees for users looking to enjoy its unique offerings. The Conflux eSpace is a new Ethereum Virtual Machine (EVM) compatible space backed by the Conflux core space.
Celer remains dedicated to offering users the chance to perform cross-chain transfers between blockchains using cBridge. With over 20 blockchains added, including the recently added EVM-compatible chains like Clover and Conflux, Celer is building a robust ecosystem in the industry.
You can read about Celer’s integration of Clover EVM-compatible chain HERE. Also, refer to the Celer blog to learn more about the Conflux integration.
What is Celer Network
Celer Network is the leading inter-blockchain and cross-layer communication platform in the industry. The protocol offers fast, secure, and cheap bridging between multiple chains. The Celer ecosystem comprises three unique products: inter-chain Message Framework, cBridge, and Layer2.Finance.
Where to find Celer Network:
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