There are 2 options:
Option 1: Transfer ERC20 tokens to other network.
Step 1: Deposit coins/tokens that you want to convert to DeFiato.
Step 2: Click Withdrawal that coin/token and select withdrawal network.
The system will automatically convert when you withdraw your coin/token.
Option 2: Transfer ERC20 tokens to BSC/AVAX.
Step 1: Access the website https://app.chainport.io/ and click on Connect Wallet.
Step 2: Please input the required information regarding your conversion:
- The name of token/coin that you want to convert.
- From: Choose the Network (The original network needs to be converted).
- To: Choose Network (Destination network).
- Input the amount to be converted.
Note: Each token that needs to be converted must meet the minimum number of tokens.
The destination address will be filled in by the application. It is the address where you will receive your wrapped or pegged tokens after the conversion.
Step 3: After inputting the amount, click Burn to review the conversion details. If correct, click Confirm Porting.
Step 4: You need to set up the destination network to your wallet and then click Switch network on the automatic popup.
Step 5: Simply click Release to conclude the transaction.
If you're doing this for the first time, you probably won't see the token in your wallet. You must manually add the token contract address to your Metamask Wallet.