Introducing the One-Way Bridge for bCOLX Holders on Binance Smart Chain

ColossusXT
3 min readOct 9, 2024

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Dear ColossusXT Community,

We are thrilled to announce the launch of our new one-way bridge, designed to help you transfer your bCOLX tokens stuck on Binance Smart Chain (BSC) to the new COLX ERC20 tokens on Arbitrum.

🔗 Access the Bridge Here: onewaybridge.colossusxt.io

Why This Bridge Matters

Earlier this year, many of our community members faced challenges accessing their bCOLX tokens due to the operational shutdown of our previous bridge provider, Multichain. We understand the frustration this has caused and have been working tirelessly to provide a reliable solution.

With the launch of this new one-way bridge, you can now transfer your bCOLX tokens from BSC to the Arbitrum network. This not only restores access to your assets but also opens up new opportunities within the ColossusXT ecosystem.

COLX ERC20 Token Details

To ensure transparency and ease of use, here are the details of the COLX ERC20 token on Arbitrum:

  • Token Name: ColossusXT
  • Symbol: COLX
  • Contract Address: 0xe5cca68b9e1d5575b7e3062fa34b0c725b003a69
  • Decimals: 8
  • Blockchain: Arbitrum One (Layer 2 scaling solution for Ethereum)

Please add the COLX token to your wallet using the above contract address to view and manage your tokens after bridging.

How to Use the Bridge

  1. Visit the Bridge Website: Navigate to onewaybridge.colossusxt.io.
  2. Connect Your Wallet: Ensure your wallet is connected to the Binance Smart Chain network.
  3. Initiate the Transfer: Follow the on-screen instructions to move your bCOLX tokens to COLX ERC20 on Arbitrum.
  4. Switch Networks: After the transfer, switch your wallet to the Arbitrum network to access your COLX tokens. Don’t forget to add the COLX token to your wallet using the contract details provided above.

Trade COLX on Uniswap V3

We are also excited to announce that COLX ERC20 tokens on Arbitrum are now available for trading on Uniswap V3 with the COLX/USDT pair.

🔗 Trade Here: Uniswap COLX/USDT Pair

This provides a seamless way to trade COLX tokens, enhancing liquidity and accessibility for all users.

Looking Ahead: Bridging Native COLX to Arbitrum

Our commitment to improving the ColossusXT ecosystem doesn’t stop here. As our next milestone, we are working on building a bridge that links the native COLX coin on the ColossusXT network with the COLX ERC20 token on Arbitrum. This will further enhance interoperability, allowing for smoother transactions and greater integration across platforms.

Thank You for Your Support

We understand that the past few months have been challenging, but your patience and feedback have been invaluable. As we continue to develop and expand our network, we remain committed to transparency, innovation, and community engagement.

Happy staking, and here’s to many more years of growth and success together!

Stay Connected:

Disclaimer: Always ensure you are interacting with official ColossusXT platforms. Beware of scams and impersonators. If you have any questions or need assistance, please reach out to our support team or community moderators.

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ColossusXT

ColossusXT (ticker: COLX) is a community oriented digital privacy coin focusing on cloud computing & decentralization. Web: https://colossusxt.io