(1) Move DAI from Binance Smart Chain (BSC)

Transfer your DAI tokens from Binance Smart Chain (BSC) to the xDai Chain, and convert them into xDai coins using Component.

There is more than one way of doing it. We'll show you both ways, and let you choose which route you rather take.

This route is fairly easy to follow. First, we swap a cryptocurrency from BSC (such as BNB) for one of the three cryptocurrencies accepted on the brigde we'll use later on. Then, making use of that same bridge, we convert them into xDai.

You'll need a few BNB to pay the transaction fees.

(1) Access PancakeSwap exchange page. (2) Connect your Wallet (Tap the "Connect" at the page's top right corner). (4) Choose the cryptocurrencies to be exchanged.

Convert the cryptocurrency of your choice into one of these three (3) options: DAI, USDC or USDT.

Once the exchange is done, go to Cross-Chain Bridge. (1) Connect your wallet to the Binance Smart Chain Network. (2) Select the Binance Smart Chain Network as the outgoing network (3) Select xDai Chain as the incoming network. (4) Select the currency you want to exchange (in this case, DAI). (5) Paste your Wallet Address into the "Receiver Address" field. (6) Press the Cross-Chain Transfer button. (7) Wait for a bit, then Confirm the transaction.

The processing of the transaction may take a few minutes. Don't worry, be happy and wait for it.

Once it's completed, a pop-up will indicate the success of the transaction.

Congrats! Go check the newly acquired xDai in your Wallet.

OmniBridge Faucet

In case you choose to use the BSC OmniBridge, and your wallet has a balance of 0 xDai, you'll actually receive a small amount of xDai ($0.01) when bridging your tokens. In other words, you'll be granted access to the OmniBridge Faucet - this improves the onboarding process of new users, enabling them to make transactions right away!

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