How to participate in Hyperlane presale on Binance Wallet

Hyperlane is emerging as a standout name in the modular ecosystem, thanks to its unique “interchain” approach.

So how exactly can you prepare and participate in the Hyperlane presale via Binance Wallet? This article will walk you through each step – from setting up your wallet to interacting with supported platforms.

Read more: What is Hyperlane: The Best Guide to Cross-Chain Connectivity

Create a Binance Account

Before participating in the presale, users must first register a Binance account and complete the KYC (Know Your Customer) process.

Here’s how to get started:

Visit the official Binance website or download the Binance mobile app.

If you’re new to the platform, click on “Register” in the top-right corner of the homepage (or follow the prompts on the app).

You’ll need to enter a valid email address or phone number, set up a strong password, and complete identity verification. This usually requires uploading a government-issued document, such as a passport or driver’s license.

Once your documents are reviewed and approved, your account will be fully activated.

After setting up your account, log in to Binance and go to your Dashboard. Navigate to the “Wallet” section and select “P2P” to deposit USDT or USDC into your account.

Once you have acquired USDT or USDC, you can proceed to buy BNB through the Spot trading section.

According to Binance, users participating in the Hyperlane presale can commit up to a maximum of 3 BNB.

How to Join the Hyperlane Presale on Binance Wallet

After purchasing BNB, users need to transfer their tokens to the Binance Web3 Wallet via the “Withdraw (on-chain)” option on Binance.

Once the BNB has been successfully transferred, open your Binance Web3 Wallet and navigate to the “Discover” tab on the homepage.

Next, select the “Exclusive TGE” section to participate in the Hyperlane presale via Binance Wallet.

At the time of writing, the Hyperlane token sale has not yet launched, so the visuals may not be available or displayed within the interface.

About Hyperlane

Hyperlane is a modular interoperability protocol that enables blockchains to communicate with each other via a decentralized, customizable message-passing mechanism. Rather than forcing developers to rely on centralized bridges or rigid frameworks, Hyperlane allows cross-chain functionality to be natively integrated into applications, offering greater flexibility and security.

From an architectural standpoint, Hyperlane provides three core components:

• Mailbox: Facilitates sending and receiving messages across chains.
• ISM (Interchain Security Modules): A customizable verification system that lets developers define their desired level of security.
• Validator Network: A network of validators that ensures the integrity and fraud resistance of cross-chain messages.

Hyperlane is developed by Abacus Works, a team with experience at leading Web3 venture funds and previous interoperability projects. The project has raised a total of $18.5 million across two funding rounds:

• Seed Round (2022): Led by Variant, with participation from 1kx, CoinFund, DAO5, Galaxy Digital, Robot Ventures, and prominent angel investors in the Web3 space.
• Strategic Round (late 2023): Focused on expanding Hyperlane’s infrastructure across multiple chains, boosting adoption, and scaling out its permissionless validator network.

Conclusion

As the modular blockchain landscape continues to evolve, Hyperlane stands out with its flexible and developer-friendly approach to cross-chain communication.

 Participating in the Hyperlane presale via Binance Wallet not only offers early exposure to one of the most anticipated interoperability protocols, but also underscores Binance’s growing role in onboarding users into next-generation Web3 infrastructure. 

By following the steps above, setting up your Binance account, acquiring BNB, and accessing the presale through the Web3 Wallet, you can position yourself ahead of the curve in this emerging ecosystem. Stay tuned for official announcements regarding the presale timeline and eligibility criteria to make sure you don’t miss out.

Read more: Check Your Hyperlane Airdrop: HYPER Claimer has Opened