In the realm of cryptocurrencies, a bridge acts as a gateway between two or more blockchains. It essentially facilitates the transfer of digital assets between blockchains that wouldn't normally be able to communicate with each other directly.

Blockchains, by design, are secure and independent networks. But this can also make it challenging to move assets between them. Bridges play a crucial role in overcoming this hurdle by enabling seamless asset transfers across different blockchain ecosystems. Let’s dive into this blog explaining how to bridge to the Mode network.

tanX and Mode: A Potential Bridge Connection?

While the specific details of bridging on tanX are yet to be discovered, it's possible that tanX could leverage the Mode Network for bridging purposes.

The Mode Network, known for its scalability, security, and user-friendliness, could potentially be a bridge partner for tanX. This would allow users to transfer their assets between tanX and other blockchains that are connected to the Mode Network.

About Bridging

In the ever-evolving world of crypto, siloed blockchains can limit your options. Enter crypto bridging: a gateway between blockchains, allowing you to transfer your crypto assets and explore a wider range of opportunities. Imagine using Bitcoin on Ethereum, or seamlessly moving your tokens to access the latest NFTs.

Bridging works through "wrapped" tokens. These act as counterparts to your original asset on another blockchain. Smart contracts, self-executing code on the blockchain, ensure your original asset remains secure while its wrapped twin ventures out.

The benefits of bridging are significant. It unlocks a world of DeFi applications and investment opportunities across different blockchains. Increased liquidity on exchanges like tanX attracts more traders, while users gain greater control over their assets, moving them between ecosystems based on strategies. As the crypto landscape expands, bridging solutions are key to fostering a more interconnected and interoperable future.

Bridge to Mode Network on tanX

Firstly, You have to add your asset to tanX from your desired Network. Here, We are taking the example of the Ethereum Network.

• Step 1: Connect your Ethereum wallet: tanX integrates with popular Ethereum wallets like MetaMask and WalletConnect. To initiate the process, visit the tanX trade website and click on the "Connect Wallet" button. Select your preferred wallet provider from the available options.

  

Note- If it is the first time you are depositing from your wallet or if you haven’t set up a custom spend limit in Metamask, Metamask will ask you to set it up first and then let you continue the process.

• Step 2: Click on Wallet Section and click on Deposit.

  
  

  

• Step 3: Select the Ethereum Network ( or pick a network of your choice among Polygon, Arbitrum, Optimism, Scroll, Linea and more ) and Ether under Assets to deposit and enter the amount you would like to deposit in the amount section. Click Confirm ETH Deposit.

  
  

  

• Step 4: Metamask will ask your permission to transfer the funds, click Confirm.

  
  

  

• Step 5: Congratulations! Your deposit has been initiated. There might be a waiting period for the transaction to be completed, and you will be notified via the notification icon in the top right corner.

Note: To check the status of your deposit, you can either click on Track Deposit or go to the History section from the left side menu and check under Deposits.

• Step 6: Once you sucesfully deposit your asset from your desired network then it’s time to bridge it from Mode Network.

  
  

• Step 7: Log in to trade.tanx.fi, go to the Wallet section on the left side and click on Withdraw in the right corner of the screen.

  
  

  

• Step 8: Choose Mode from the network list. If it is your first time withdrawing on tanX, a pop-up will appear guiding you through the process.

  
  

  

• Step 9: Choose the asset you wish to withdraw. Enter the amount you would like to withdraw. Click Withdraw. Reconfirm the transaction in another pop-up. Note: Once you confirm the transaction, you can’t cancel it.

  
  

  

• Step 10: The withdrawal has been initiated; please wait for the said duration. You will be notified once the withdrawal has been completed via the notification icon in the top right corner.

  
  

  

Your Bridge to Mode Network is done successfully. To check your withdrawal status, go to the History tab and check under Fast Withdrawals.

Leverage Mode Network on tanX

By following these steps, you should be able to seamlessly bridge funds from the Mode network. As the crypto landscape continues to evolve, bridging solutions are becoming increasingly important. It's exciting to consider the potential of tanX integrating bridging functionalities with the Mode Network. Visit tanX now and bridge your assets to Mode Network.

Disclaimer: This blog post is intended for informational purposes only and should not be construed as financial advice. By following these steps, you should be able to seamlessly bridge from Mode network your wallet. tanX's innovative features and commitment to user experience make it a compelling choice for traders of all levels. With its secure, gas-fee-free environment, tanX empowers you to trade your digital assets with confidence. Please conduct your own research before making any investment decisions.