Key Points
Cross-chain payment options are LIVE on Ronin Market! Buy NFTs with tokens from Base, Arbitrum, BNB Smart Chain, and more. This forges new connective tissue between Ethereum’s multi-chain ecosystem, making it easier for liquidity to flow through Ronin.
How to make a cross-chain payment: Find an NFT you want, click buy, and select the currency you’d like to use. It’s that easy! Try it out on Ronin Market here.
More new features: Check out with a separate wallet or credit card, and gift collectibles or Fortune Spin prizes to a recipient of your choice. These new Ronin Market features make it easier for new recruits to get started.
Cross-chain payments are LIVE on Ronin Market! Buy NFTs using tokens on Ronin, Base, Arbitrum, Polygon, Optimism, and BNB Smart Chain. This forges new connective tissue between Ethereum’s multi-chain ecosystem, making it easier for liquidity to flow through Ronin. Here’s what’s happening:
Cross-chain gas fees are paid in the token’s currency. For example, you’ll pay gas in Arbitrum ETH if you buy an NFT with Arbitrum ETH.
What are cross-chain payments?
Cross-chain payments make it possible to use more currencies on Ronin Market. Want to pick up a Moki with the ETH you’re holding on Base? Or maybe using your USDC on Arbitrum? Cross-chain payments are for you. You can even choose a different recipient address to receive the Moki. Here’s what that can look like:
@baseluvr wants to buy a Moki NFT on Ronin Market. However, all of his funds are on Base and none are on Ronin yet. So, he connects his preferred wallet to Ronin Market and pays using some ETH he has on Base. In a single transaction, @baseluvr is able to:
• Buy an NFT on Ronin Market
• Access liquidity from another chain
• Send the purchased NFT to an address of his choice
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How to make a cross-chain payment
Step 1: Go to Ronin Market and connect your Ronin Wallet
Step 2: Find an NFT you like and click “Buy Now”
Step 3: Scroll through the list of tokens in the payment modal
Note: Don’t see the token or chain you’re looking for? You may need to toggle on a network in your settings. Learn how here.
Step 4: Select the token you’d like to pay with
Step 5: Click “Buy Now”
Step 6: Switch networks if your wallet prompts you to
Step 7: Complete the transaction!
Sending and gifting NFTs to another address
Collecting NFTs on a new chain often comes with friction. You may have to bridge assets, fund a fresh wallet, and swap for specific tokens just to get started. Ronin Market fixes this. You can now buy an NFT with one wallet and send it to another. No bridging or extra swapping required! New users won’t even need RON to pay for gas fees if they use cross-chain payments. This comes in handy when onboarding onto Ronin, and makes it possible to gift NFTs in fewer clicks
More Fortune Spin Upgrades
The Fortune Spin is Ronin Market’s onchain blind box. Spin for a chance to win prizes including Pokémon cards, rare collectibles, axies, and more! Today’s release enables you to purchase spins with any token on Ronin. Think WETH, AXS, SLP, PIXEL, LRON, and more! You can also send Fortune Spin prizes to the recipient wallet of your choice.
Note: The Fortune Spin only works with tokens on Ronin. You cannot use the cross-chain payment feature to spin for now. Machines that are priced in RON will work with any Ronin token, while Machines priced in USDC must use Ronin USDC.
FAQ
Question: I want to make a cross-chain payment with a token that has low liquidity. How will this affect the purchase price?
Answer: Ronin Market looks for the most efficient swap routes when executing cross-chain payments. However, some less liquid tokens may have high price impacts. If the price impact is very high, you’ll see “- -” and the cross-chain payment option will be disabled.
Question: How does Ronin Market execute cross-chain payments?
Answer: Ronin Market uses Relay.
Question: I don’t see the option to use multiple tokens in the Fortune Spin. Why?
Answer: Machines priced in RON will work with any token on Ronin. Machines priced in USDC will only work with USDC on Ronin. You cannot spin using cross-chain payments for now.
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