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Since Bitcoin paved the way for cryptocurrencies in 2009, several other blockchains have emerged. The proliferation of smart-contract blockchains has fragmented the cryptocurrency industry into isolated islands of value. However, thanks to several DeFi solutions and exchanges, it is becoming easier to transfer tokens from one to another. Binance Bridge allows anyone to convert selected tokens into “wrapped” versions that can be used on Binance Chain or Binance Smart Chain. The average transfer time is 2 minutes, but it takes up to 15 minutes to complete.