Bridging Foxcoin from Solana to Algorand: A Step-by-Step Guide

July 8th, 2024

In this guide, we’ll be looking at how to bridge the AlgoFox token from Solana to Algorand. AlgoFox is available on both Solana and Algorand in different forms. We’ll use wallets like Phantom, SolFlare, and Pera Wallet, and ensure you have at least 0.02 SOL and 5 ALGO. Here’s a step-by-step process to bridge AlgoFox.


Video Tutorial: Foxcoin Solana to Algorand


Requirements

Before we begin, ensure you have the following:

  • Phantom or SolFlare wallet (for Solana)
  • Pera Wallet (for Algorand)
  • At least 0.02 SOL
  • At least 5 ALGO
  • Contract addresses for the tokens (available in the description)

Step 1: Purchasing AlgoFox

First, we’ll purchase AlgoFox through Bird Eye. Follow these steps:

  1. Visit Bird Eye: Navigate to the Bird Eye website. Link Here
  2. Use Contract Address: Use this contract address to find AlgoFox: 4427EJyqR74dhXpBKZ4fpX2eRSZC36fsvjaukaBb1tDb
  3. Purchase AlgoFox: Buy a small amount of AlgoFox, even a few dollars worth.

Step 2: Swapping AlgoFox for Foxcoin Wormhole

Next, we’ll swap AlgoFox for Foxcoin Wormhole using Raydium, a reliable market maker on Solana.

  1. Visit Raydium: Go to the Raydium website. Link Here.
  2. Set Up the Swap:
    • In the bottom box, use the Foxcoin Wormhole contract address: BwyswbRuNYWmajRGTG5oyJnKfSCBGJTzJWxJGFM1vjJt
    • In the top box, use the AlgoFox contract address from previous step.
  3. Execute the Swap: Trade AlgoFox for Foxcoin Wormhole. For this example, we’ll swap around 1 million Foxcoins for wrapped Foxcoins.

Step 3: Bridging Foxcoin Wormhole to Algorand

Now, we’ll bridge the Foxcoin Wormhole to Algorand using the Portal Bridge, the official Wormhole bridge.

  1. Visit Portal Bridge: Navigate to the Portal Bridge website. Link Here
  2. Set Up the Bridge:
    • In the “from” section, select Solana.
    • In the “to” section, select ALGO.
  3. Connect Wallets:
    • Connect your Solana wallet.
    • Connect your Algorand wallet using either a QR reader or web connect.
  4. Select Token: Choose the Foxcoin Wormhole version starting with BWy.
  5. Bridge Tokens: Select the amount to bridge (e.g., 990,000). Ensure you have at least 0.01 SOL to avoid transaction failures.
  6. Confirm Transaction: Confirm the transaction and wait for it to be confirmed on both networks.

Step 4: Redeeming Tokens on Algorand

Once the bridging process is complete, we need to redeem the tokens on Algorand.

  1. Wait for Redeem Button: Wait for the Redeem button to appear on the Portal Bridge interface.
  2. Collect Tokens: Once the button appears, press it to collect the tokens on your Algorand wallet.
  3. Confirm Transaction: Your Algorand wallet will ask for confirmation. Complete this step.

Final Checks

After redeeming the tokens, check the blockchain for confirmation.

  1. Check Wallet: Open your Algorand wallet and look for Foxcoin in the NFTs portion.
  2. Verify Transaction: Ensure the tokens are available in your wallet.

Congratulations! You have successfully bridged Foxcoin from Solana to Algorand. The token will appear in the NFTs section of your wallet but is still tradeable.

By following these steps, you can bridge AlgoFox tokens between Solana and Algorand smoothly.


Foxcoin Solana

Foxcoin Solana is the liquidity token for Foxcoin on the Solana blockchain. This token is tradable for AlgoFox and Solana directly through Jupiter and Birdeye. You can copy and past Contract address or click Birdeye link here.

Foxcoin is also the official Memecoin of the Digital Financial Market, and the main project of DFM. This is a valuable token that you do not want to miss out on!

Contract Address: UbP16suUxvr9dMrUmmVw1wYtoDYn9EKAp4Mvue5Qhgs

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