Bridging to Unigox appchain
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Unigox uses own appchain (currently XAI blockchain) for multiple reasons.
Users can transact with each other like ETH, SOL or XAI.
Users can transact with each other on super cheap and blazing fast Unigox appchain
Escrow contract is EVM-based Gnosis Safe battle-tested contract
Adding support for more blockchains does not require us to implement new escrow contracts for every new blockchain
Cost to release or cancel escrow by user or Unigox system is extremely cheap fee wise due to usage of own app-chain
Freedom and ease of use to support bridging from any blockchain
Not affected by governance or downtimes of any specific blockchain if we were to choose 1 specific blockchain as the main chain for contracts
In the future, develop a whole ecosystem of decentralized apps on Unigox appchain
If you buy cryptocurrency on Unigox, your cryptocurrency is sent to your Unigox appchain address upon escrow release.
You can continue using Unigox wallet within appchain and send money to other users instantly and without gas token requirement. Alternatively, you can bridge out cryptocurrency to any other of the in EVM network and Solana.
When you sell cryptocurrency, you deposit cryptocurrency directly to Unigox's proxy contract on the same blockchain where your funds are. Unigox automatically bridges funds to Unigox appchain. There is nothing else required from your side.
You can send and receive cryptocurrency on Unigox appchain at near-zero cost and almost instantly.
You are free to bridge out cryptocurrency to any of our .