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How To Bridge TLOS Between Different Blockchains?

TLOS is the native coin of the Telos blockchain (like ETH is for Ethereum, BNB is for Binance Smart Chain). TLOS now exists on three blockchains – Telos, Ethereum and BSC. While TLOS is fundamentally used on the Telos blockchain, it is also added on other blockchains for reasons such as liquidity and exposure. They’re pegged 1:1 which means that 1 TLOS on Telos is the same as 1 TLOS on Ethererum (erc20) and BSC (bep20). You can bridge/transfer TLOS between blockchains as per your convenience and needs. The process to do so is explained in this article.

If you don’t have a Telos account, Click here.

There are essentially two ways to bridge your TLOS:
Using the pNetwork DApp
Using a Centralized Exchange (CEX)

 

1) pNetwork DApp:

pNetwork is a partner of Telos and has implemented the crosschain bridges. It supports

a) Telos to Ethereum,BSC

b) Ethereum, BSC to Telos

 

a) Telos to Ethereum / Telos to BSC:

To bridge/convert your TLOS from Telos to Ethereum/Binance Smart Chain, follow the steps below:

To do so, click on the coin present on the ‘from’ option, search for ‘TLOS’ and select native. On the ‘to’ option, select Ethereum or Binance Smart Chain, whichever blockchain you wish to bridge to.

  • Click on ‘Connect Wallet’ and connect your wallet to the website by approving it from your wallet/signer.

Supported wallets/signers: Scatter, Anchor, TokenPocket.

  • Enter the amount and your Ethereum/BSC address.
  • Click on ‘Swap’ and approve the transaction from your wallet/signer.
  •  You’ll receive your TLOS shortly (typically 2-5 minutes). Transactions on Telos are instant but they might take some time on the other blockchain.
  •  Add TLOS as a custom token on your wallet to view the balance.

Contract address on Ethererum: 0x7825e833d495f3d1c28872415a4aee339d26ac88
Contract address on BSC: 0xb6c53431608e626ac81a9776ac3e999c5556717c

Network: Ethereum/Smart Chain

Name: pTokens TLOS

Symbol: TLOS

Decimals: 18

  • Done!

Note: In case your Telos based wallet isn’t supported, you can follow this alternative method:

  • Go to the ‘Send’ option on your wallet.
  • In the receiver’s address, enter xeth.ptokens if you are bridging to Ethereum and xbsc.ptokens if you are bridging to BSC.
  • In the memo, enter your Ethereum/BSC address.
  • Enter the amount and proceed to transfer/send your TLOS.
  • Done! You will receive your TLOS shortly.

 

b) Ethereum to Telos / BSC to Telos:

To bridge/convert your TLOS from Ethereum/Binance Smart Chain to Telos, follow the steps below:

To do so, click on the coin present on the ‘from’ option, search for ‘TLOS’ and select Ethereum or Binance Smart Chain, whichever blockchain you are bridging from. On the ‘to’ option, select native.

  • Click on ‘Connect Wallet’ and connect your wallet to the website by approving it from your wallet/signer.

Supported wallets/signers: WalletConnect, Portis, Fortmatic. (Trust wallet and Metamask included)

  •  Enter the amount and your Telos address/Telos account name (typically 12 characters long)
  • Click on ‘Swap’ and approve the transaction from your wallet/signer. Note that you’ll be required to pay gas fees unlike Telos.
  • You’ll receive your TLOS shortly (typically 2-5 minutes)
  • Done!

 

2) Using a Centralized Exchange (CEX):

Apart from Decentralized Exchanges (DEX) like T-Swaps, Uniswap and Pancakeswap, TLOS is also listed on Centralized Exchanges like Kucoin, MEXC and Probit. They support TLOS deposits and withdrawals on multiple blockchains. You can bridge your TLOS easily by depositing from one blockchain and withdrawing to the other.

Things to be considered while using a CEX to bridge:

  • Availability of the deposits and withdrawals of the blockchains you would be using to bridge TLOS.
  • Withdrawal limits and fees charged.
  • Speed and Safety – Kucoin is said to be the best choice as it is considered tier 1.

 

Gentle reminder: Make sure to use both the deposit address and memo while depositing TLOS from Telos on a CEX. Always backup your private keys of your wallets safely and keep them private.

Next How To Get A Free Telos Address/Account?
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