Elrond launches the Mainnet ERD to eGLD Token Swap Bridge

Elrond launches the Mainnet ERD to eGLD Token Swap Bridge

Elrond Netowork has announced the launch of the official Elrond swap bridge! Their dedicated website enables ERC20/BEP2 ERD holders to swap their tokens for eGLD.

Go to https://bridge.elrond.com and follow the instructions. We have prepared a detailed guide below.

Important:

  • Swap ratio: 1000 ERD = 1 eGLD
  • Swap duration: ~1 hour or more

Detailed guide

  • Go to https://bridge.elrond.com
  • Select the type of token you want to swap: ERD ERC20 (Ethereum) or ERD BEP2 (Binance Chain)
  • Add the address of the wallet where you will receive your eGLD tokens. If you don’t have one yet, go to https://wallet.elrond.com and create one
  • Fill in the captcha and click “Next”.

Your request will be processed and notarized. A unique Ethereum or Binance wallet, depending on the token type you have selected earlier, will be created.

  • Send your tokens there and wait for the transaction to complete.
  • After the transaction is complete, click “Next”. If you click Next before the transaction is complete, you will receive an error.

⚠ Important: Please note that this is an address for one-time use, generated for this swap only. After this swap, you cannot use it again for future swaps.

On the following screen you will see a link to the Elrond blockchain explorer where you can see the status of your wallet. You will see your eGLD delivered there, it takes about 1 hour.

The swap process is carried out in batches. Multiple swap requests are bundled periodically and processed. This means your swap can take anything from a few minutes to a few hours. Please patiently wait for the swap to be completed.

Once it is processed, you will see the following success message, with a link to the transaction where you received your eGLD. Congratulations!

At any point in the process feel free to ask questions using the embedded web-chat. We are online and happy to help you.

The token swap is an important milestone for our ecosystem. It is a prerequisite for the start of the Elrond economy, the integration of more exchanges, staking, delegation, DeFi & others.

Thank you for your continued support for the Elrond mainnet bootstrapping process.

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