Getting to other chains early is key to success in #DeFi. The best yields are not on the biggest chains.
Bridging $ can be intimidating, confusing and expensive.
Here are the best methods I've found to bridge assets from / to any chain ๐งต ๐
$SOL $MATIC $NEAR $FTM $LUNA $ONE
Bridging $ can be intimidating, confusing and expensive.
Here are the best methods I've found to bridge assets from / to any chain ๐งต ๐
$SOL $MATIC $NEAR $FTM $LUNA $ONE
1/
For some background info, EVM chains like $ETH, $AVAX, $FTM, $MATIC, $BSC, $ONE, $AURORA are compatible with @MetaMask.
Non-EVM compatible chains include:
- $LUNA
- $SOL
- $ATOM
- $DOT
- $BTC
These chains can not be used with Metamask, you need different wallets.
For some background info, EVM chains like $ETH, $AVAX, $FTM, $MATIC, $BSC, $ONE, $AURORA are compatible with @MetaMask.
Non-EVM compatible chains include:
- $LUNA
- $SOL
- $ATOM
- $DOT
- $BTC
These chains can not be used with Metamask, you need different wallets.
2/
1. From a centralized exchange
Using a centralized exchanges like @Binance, @kucoincom, @gate_io, etc is often the easiest way to bridge assets.
They allow withdrawals between many chains, and you can swap tokens without gas.
See my old thread:
1. From a centralized exchange
Using a centralized exchanges like @Binance, @kucoincom, @gate_io, etc is often the easiest way to bridge assets.
They allow withdrawals between many chains, and you can swap tokens without gas.
See my old thread:
3/
2. Bridging between EVM chains
@SynapseProtocol is a great bridge for transferring to and from:
โข $ETH
โข $AVAX
โข $ONE
โข $MATIC
โข $FTM
โข $BSC
โข $MOVR
โข $AURORA
โข Arbitrum
โข Optimism
The user experience is great and the funds bridge pretty quickly. Fees are ~0.1%.
2. Bridging between EVM chains
@SynapseProtocol is a great bridge for transferring to and from:
โข $ETH
โข $AVAX
โข $ONE
โข $MATIC
โข $FTM
โข $BSC
โข $MOVR
โข $AURORA
โข Arbitrum
โข Optimism
The user experience is great and the funds bridge pretty quickly. Fees are ~0.1%.
4/
Steps for using @SynapseProtocol.
1. Go to synapseprotocol.com
2. Connect your MetaMask wallet
3. Select an asset, source chain and destination chain
4. Approve and Bridge
Funds will be bridged in a few minutes.
Steps for using @SynapseProtocol.
1. Go to synapseprotocol.com
2. Connect your MetaMask wallet
3. Select an asset, source chain and destination chain
4. Approve and Bridge
Funds will be bridged in a few minutes.
5/
3. Bridging to / from Terra $LUNA ๐
@terra_money's bridge @ bridge.terra.money works pretty well.
You can bridge from $ETH, $BSC or $ONE.
I avoid $ETH gas fees like the plague for most transactions.
Terra bridge charges 0.1% or $1 - whichever is greater. Not bad.
3. Bridging to / from Terra $LUNA ๐
@terra_money's bridge @ bridge.terra.money works pretty well.
You can bridge from $ETH, $BSC or $ONE.
I avoid $ETH gas fees like the plague for most transactions.
Terra bridge charges 0.1% or $1 - whichever is greater. Not bad.
6/
Say you want to bridge $1000 from $MATIC to $LUNA, you could:
1. Use @SynapseProtocol to bridge from $MATIC to $BSC (~$3 fee)
2. Then use bridge.terra.money to bridge from $BSC to Terra $LUNA (~$1 fee)
Alternatively, you could just use a CEX as described in part 1.
Say you want to bridge $1000 from $MATIC to $LUNA, you could:
1. Use @SynapseProtocol to bridge from $MATIC to $BSC (~$3 fee)
2. Then use bridge.terra.money to bridge from $BSC to Terra $LUNA (~$1 fee)
Alternatively, you could just use a CEX as described in part 1.
7/
4. Bridging to / from $BTC เธฟ, $SOL Solana, Terra and EVM chains
@Allbridge_io allows you to bridge to and from:
โข $BTC
โข $SOL
โข EVM Chains
Fees are ~0.5% - higher than @SynapseProtocol, but you can reduce it by holding their $ABR tokens.
4. Bridging to / from $BTC เธฟ, $SOL Solana, Terra and EVM chains
@Allbridge_io allows you to bridge to and from:
โข $BTC
โข $SOL
โข EVM Chains
Fees are ~0.5% - higher than @SynapseProtocol, but you can reduce it by holding their $ABR tokens.
8/
5. Bridging to / from $NEAR
You can use Rainbow Bridge to bridge between $ETH, $NEAR and $AURORA.
To bridge to NEAR, you could:
1. Bridge from source chain to Aurora using @SynapseProtocol or @Allbridge_io.
2. Then bridge from Aurora to NEAR.
Must avoid ETH gas fees ๐ฌ
5. Bridging to / from $NEAR
You can use Rainbow Bridge to bridge between $ETH, $NEAR and $AURORA.
To bridge to NEAR, you could:
1. Bridge from source chain to Aurora using @SynapseProtocol or @Allbridge_io.
2. Then bridge from Aurora to NEAR.
Must avoid ETH gas fees ๐ฌ
9/
6. Bridging to Cosmos ๐ช
To do this, you'll need funds in $BSC or $LUNA chain
1. Use the above methods to get your $ to Terra.
2. Then use bridge.terra.money to bridge $UST from Terra to Osmosis.
3. Swap $UST for $ATOM
4. Withdraw $ATOM from @osmosiszone
6. Bridging to Cosmos ๐ช
To do this, you'll need funds in $BSC or $LUNA chain
1. Use the above methods to get your $ to Terra.
2. Then use bridge.terra.money to bridge $UST from Terra to Osmosis.
3. Swap $UST for $ATOM
4. Withdraw $ATOM from @osmosiszone
10/
7. Another multichain bridge..
You can also use @evolution_bsc to bridge between EVM chains, $SOL and $BTC.
They even send you a small amount of tokens to help with the gas costs.
It's also very user friendly, allows you to send $USDC or $USDT,
7. Another multichain bridge..
You can also use @evolution_bsc to bridge between EVM chains, $SOL and $BTC.
They even send you a small amount of tokens to help with the gas costs.
It's also very user friendly, allows you to send $USDC or $USDT,
11/
Note that EvoDefi allows you to bridge TO $BTC and $SOL, but not FROM $BTC and $SOL.
EvoDefi supports more EVM chains than @SynapseProtocol or @Allbridge_io, but has higher fees than @SynapseProtocol.
Fees are 0.5% + ~$1
Note that EvoDefi allows you to bridge TO $BTC and $SOL, but not FROM $BTC and $SOL.
EvoDefi supports more EVM chains than @SynapseProtocol or @Allbridge_io, but has higher fees than @SynapseProtocol.
Fees are 0.5% + ~$1
12/
These are the best methods I've found for bridging assets to and from various chains.
Sometimes you might need to mix and match..
Bridging is a really tedious process currently imo, and a big hurdle for new users.
Hopefully this ๐งต helps.
These are the best methods I've found for bridging assets to and from various chains.
Sometimes you might need to mix and match..
Bridging is a really tedious process currently imo, and a big hurdle for new users.
Hopefully this ๐งต helps.
Let me know if you know of easier / cheaper / faster ways to bridge.
If you found this helpful, would really appreciate a like / RT / follow ๐
If you found this helpful, would really appreciate a like / RT / follow ๐
Loading suggestions...