โ๏ธCross-Chain Deposits
Learn how to utilize cross-chain deposits on Blitz, courtesy of Axelar's Squid Router.
In this tutorial, we'll walk through the steps to make a cross-chain deposit into Blitz.
Cross-chain deposits simplify the burdensome process of bridging and managing assets on multiple chains. With cross-chain deposits, users can bridge & deposit assets form over 8 chains directly into Blitz without ever leaving the app and within minutes.
Cross-chain deposits are powered by Axelar + Squid. To learn more please refer to the Squid docs on the topic here.
Step 1. Initiate the Cross-Chain Deposit
Click on the Cross-Chain Deposit
button in:
โ The sidebar.
โ Bottom of of the regular deposit pop-up.
The cross-chain pop-up will open.
Step 2. Select the Source Chain
Select the chain you want to originally bridge from โ Blitz.
โ Click on Select
.
โ Choose the source chain from the list.
Step 3. Switch to Source Network
To proceed with the transaction, your wallet will need to be connected to the source chainโs network.
โ Press the main button which will say Switch to Network
.
โ Sign the network switch in your wallet once prompted.
Step 4. Select the Asset to Swap (Asset #1).
You will sell this asset on the source chain to receive the next stepโs asset.
โ Click on the drop-down menu.
โ Select the asset.
โ Use the ๐ search function for quick navigation.
Step 5. Select the Asset to Receive & Deposit into Blitz (Asset #2).
This is the asset that you will receive in your Blitz trading account.
โ Click on the drop-down menu.
โ Select from the list of Blitz-supported assets to deposit.
Step 6. Enter the Amount.
You can only enter the amount of Asset #1.
โ Click on the input.
โ Enter how much you want to sell / bridge.
โ Or use the % shortcut buttons.
After entering the amount of Asset #1, you will see the Est. amount of Asset #2 you will receive.
You can also review the summary:
Cross-chain swap details.
Estimated time.
Estimated gas.
Estimated fees.
Changes to account.
Step 7. Sign the Transaction
To complete the Cross-Chain Deposit.
โ Press on Cross-Chain Deposit
.
โ Sign the transaction in your wallet.
Please Note: You may need to approve the asset before signing the transaction. Approvals are required for new assets and increasing max amounts.
After successfully signing the transaction, you will receive a notification.
๐ Cross-Chain Deposit Finished!
Last updated