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01/28/2022

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CBTC Cross-Chain Bridge User Guide

The original intention of CBTC is to start from Cardano’s ecology and cross-chain highly sought-after assets onto Cardano, which can not only promote the development of the Cardano ecosystem but also stand out its own unique model in this high-quality cross-chain bridge track.

CBTC Cross-Chain Bridge User Guide


The original intention of CBTC is to start from Cardano’s ecology and cross-chain highly sought-after assets onto Cardano, which can not only promote the development of the Cardano ecosystem but also stand out its own unique model in this high-quality cross-chain bridge track. The project aims to issue CBTC, CETH, CUSDT, CLTC, CDOT, CBCH, and other assets in the Cardano ecosystem, and complete the entire commercial closed loop by charging cross-chain fees. In the case that the current cross-chain demand of the Cardano ecosystem actually exists, there is no real cross-chain project to solve it, so CBTC can meet the needs of Cardano’s ecosystem with high-quality assets.

CBTC User Guide

1. Log on CBTC

1.1 Please enter your email, check 【I have read and agree to the User Agreement and Privacy Terms】 and click 【Next Step】


1.2 Please finish verification: Enter the verification code to verify.


【Notices】
1)New users will automatically register after completing email verification.

2)Email verification code sent to [[email protected]] (mailto:defewf*@gmail.com)

3)If it’s not found in your inbox, please consider checking your spam folder.

4)Verification Code resent in 60s.

2. Security Settings

2.1 Click My Cardano Address, and set Google Authenticator on


2.2 Bind Google Authenticator

1) Download Google Authenticator APP

iOS users: Download Google Authenticator in App Store.

Android users: Search for “Google Authenticator” in mobile browser or download it in Google Play.

2) Add private key and back-up in Google Authenticator

Scan the QR code or enter the private key to add authenticated token in your Google Authenticator.


3. Activate My Cardano Address

3.1 Please enter a valid Cardano address

3.2 In order to verify your address, please transfer at least 1 ADA to our official verification address for account activation.

3.3 Please enter TxHash

3.4 Click 【 I have finished transfer, activate my address】


4. Mint C-tokens

4.1 Click GET START NOW, Connect to Huobi Trust Account (Make sure your Huobi account is linked to CBTC).


Notices

1) As the only custodian designated by CBTC, Huobi Trust provides reliable security for your underlying assets.

2) When you transfer native assets to the custody account of CBTC in Huobi Trust, new wrapped C-tokens will be minted and sent to your own Cardano address by the CBTC project.

3) By connecting to the Huobi Trust account, you will authorize CBTC to know your User ID in Huobi Trust, but any other confidential information such as your identity and assets will not be disclosed.

4) If you do not have a Huobi Trust account, you need to register at first, and you need to finish the KYC, it may take 1–2 days for your registration.

User Guide of Huobi Trust

4.2 Swap for C-tokens:

Transfer your underlying assets to the custody account of CBTC through the following information:


Any assets not mentioned above or transferred asset volume less than the minimum amount will cause failure in minting, if so, you can request for refunding manually here.


You are suggested to finish step1 and step2 on the same day (before GMT+8 24:00) as in this way no custody fee will be generated.

4.3 Check your swap records on CBTC official website【Swap Records】or check the C-tokens transferred by CBTC to your Cardano Address.



5. Burn C-tokens

5.1 Click CONNECT, Connect to Huobi Trust Account (Make sure your Huobi account is linked to CBTC).

5.2 Transfer C-tokens:

Transfer C-tokens to the burning address


5.3 Enter your Huobi Trust account information to swap all these C-tokens




5.4 Check your swap records here or check your Huobi Trust account balance.



Still have questions? Check the FAQ here to know more (Get FAQ:https://medium.com/@CBTConCardano/cbtc-cross-chain-faq-30165069da73)

More about CBTC

Official Website: https://cbtcbridge.com
Twitter: @cardanobtc https://twitter.com/homeWhitepaper:https://cbtcbridge.com/whitepaper/CBTC-Whitepaper.pdf
Customer Service Email: [email protected]
Business Cooperation: [email protected]

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ORIGINAL SOURCE

https://medium.com/@CBTConCardano/cbtc-c...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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