One of the major friction points in blockchain investing is high gas fees. basedVC has taken a crucial step to address this issue and implemented multi-chain support, offering users a cost-effective investment experience. In this article, we will guide you through the networks we support, how to switch between them, add new ones to your wallet, and bridge funds.
In our commitment to providing an inclusive and diverse platform, basedVC fully supports three major chains:
This means you have the freedom to make investments and execute OTC trades on any of these chains, giving you the flexibility to operate within the chain you prefer most. However, please note that OTC trades will need to be executed on the chain on which the offer was initially created.
For each chain, we currently only support two significant stable coins: USDC and USDT. This ensures your transactions maintain their value, irrespective of the volatility in the broader crypto market.
<aside> ⚠️ IMPORTANT Recognizing that different chains have varying transaction confirmation speeds, we've implemented an allocation booking system to ensure fairness for all participants during the investment experience. You can read more about this here: Allocation Booking System
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Switching between chains is a breeze with basedVC. Simply change the network in your wallet, and our platform takes care of the rest with its intuitive 'auto-magic' feature.
However, should you switch to an unsupported chain while using the basedVC app, a protective modal will appear. This modal prevents access to all services until you switch back to a supported chain, a safety feature designed to shield you from potential mis-sclicks and associated issues.
protective modal via basedvc.fund app