FAQ for NewBridge

What is NewBridge? #

NewBridge has implemented exchange the assets from NewChain to Other blockchain with cross-chain technology, It has supported NEW, USDT, ETH between Ethereum and NewChain, and more assets are coming soon!

What can NewBridge do for you? #

NewBridge has implemented exchange the assets from NewChain to Other blockchain with cross-chain technology, You can transfer your ETH from Ethereum to NewChain, and use the NETH join Newton’s ecology, For example: You can lock your NETH and NUSDT in NewSwap for earn transaction fee; you can also transfer you NEW from NewChain to Ethereum, and join the Ethereum ecology by WNEW and so on…

NewBridge Users Guide. #

Requirements:

Transfer asset from NewChain to Ethereum: #

Confirm you can pay for it which asset you want to transfer. Then, input your ethereum address on target address input, and input transfer amount. Click Transfer Out, you can see apply approve page, if you confirm approve, then you will transferyour asset from NewChain to Ethereum.

Transfer asset from Ethereum to NewChain: #

Change the transfer target, you can get a qrCode, which content is an ethereum address, if you send your ethereum asset to the address, you will transfer your asset from Ethereum to NewChain.

Transfer asset from NewChain to HecoChain: #

Confirm you can pay for it which asset you want to transfer. Then, input your HecoChain address on target address input, and input transfer amount. Click Transfer Out, you can see apply approve page, if you confirm approve, then you will transferyour asset from NewChain to HecoChain.

Transfer asset from HecoChain to NewChain: #

Change the transfer target, you can get a qrCode, which content is an HecoChain address, if you send your HecoChain asset to the address, you will transfer your asset from HecoChain to NewChain.

How is the NewBridge fee calculated? #

The NewBridge fee is used for on-chain transfers on NewChain and Ethereum. The fee is calculated according to the following rules: from Ethereum to NewChain, the fee is double the ETH transfer fee and double the NEW transfer fee; from NewChain to Ethereum, the fee is double the NEW transfer fee and double the ETH transfer fee. In the case of ERC20/NRC6 type of pass, the transfer fee is calculated by converting the market price to the pass principal. Due to the volatility of the market, there may be deviations, NewBridge will adjust the fees from time to time, NewBridge itself does not earn any fees from users.

FAQ for NewBridge was last edited on 2021-05-20 @dd05b89 : update newbridge api v2