Using PenguinSwap without Centralized Exchanges
You don't need an account with any other centralized exchange to start using PenguinSwap! Just by your wallet!
PenguinSwap is a decentralized application. That means, unlike other centralized platforms, you don't need to register account to use it... you just need a crypto wallet. So how can you get crypto onto PenguinSwap without using a centralized exchange?
In this tutorial, we're going to guide you through the process of using "cross-chain bridges" to transfer your assets into your UltronGlow wallet, and start using PenguinSwap.
Move your assets from other blockchains to UltronGlow
You can use a variety of different cross-chain bridges to transfer tokens from other networks, onto UltronGlow.
In the following tutorials, we are going to demonstrate moving USDT from a variety of different blockchains to UltronGlow, using three different cross-chain bridges.
Ultron Bridge may be the easiest bridge to use for moving assets onto UltronGlow (UTG).
In the following example, we'll show you how to move USDT from TRON blockchain to UTG using UltronBridge.
The process is about the same for moving from Ethereum to UltronGlow.
Prepare your TRON wallet with USDT and some TRX for bandwidth (gas).
Since Ultron Bridge only supports Blube Pro, MetaMask and BaseMeta. If you are using other wallet apps, we recommend you to import your wallet into MetaMask.
Navigate to https://ultronbridge.io
Connect your wallet.
Select TRX Network as "From", UltronGlow Network as "To". Then type in the amount of USDT you want to transfer.
Additionally you can ask Ultron Bridge to swap some UTG for you in the process of moving your USDT from TRON to UltronGlow. This is particularly helpful when you are new to UltronGlow with a fresh wallet, and need some UTG for gas.
Double check the “Destination” field is showing the correct UltronGlow wallet address you’ve connected.
Click “Next”. And choose the fourth option.
WARNING: You can only send funds from a blockchain wallet (in this case, TRON). If your funds are under some other centralised exchange, please move them to blockchain wallet first.
Make sure everything is correct, click “Next”.
Finally, please follow the on-screen instruction, use your blockchain wallet (in this case, TRON wallet) and send funds to the given address. Please make sure:
The address is correct.
Complete in one single transaction.
Complete within the deadline. (shown below as countdown)
Once you complete the transaction. You should receive your fund in UltronGlow wallet in a few minutes. After that, you can start using PenguinSwap to swap some tokens on UltronGlow!
Additionally, you can check out this user guide and video tutorial from PenguinSwap.
Last updated