Bridge from Binance Smart Chain to Fantom (FTM)

Can I Bridge Crypto from BSC to Fantom?

Yes, bridging between Binance and Fantom can be accomplished by utilizing a decentralized bridging platform such as Synapse that allows for the transfer of assets between these two ecosystems.

The procedure entails locking the original tokens on one blockchain and minting corresponding tokens on the other. For instance, when moving Binance's native token (BNB) to Fantom, the BNB would be secured, and an equivalent amount of wrapped BNB (WBNB) would be generated on the Fantom network.

‍

How to Bridge from Binance to Fantom (FTM)

The fastest way to bridge your cryptocurrency from Binance Smart Chain to the Fantom Network is through Synapse Protocol. Connect your Web3 Wallet (Metamask, Wallet Connect, Coinbase Wallet & Binance Smart Chain Wallet) to the platform and begin bridging with two simple steps. 

In the guide below we will use SYN (the native token of Synapse) as the bridging token but you can also send BUSD, USDC, USDT & nUSD. To get started, follow the below guide:

1. Visit Synapse and connect your Web3 Wallet.
2. Select BNB Chain and Fantom as your two networks.
3. Input the amount of $SYN (or any token) you wish to bridge.
4. Confirm the transaction and your funds will arrived within a minute.

Binance Smart Chain to Fantom Bridging Fees 

When bridging from one blockchain to another, there are generally two fees involved. There is the network transaction fee and the bridging (gas) fee. Usually the fees to bridge between these two chains come to around $15 - $30 USD, however, on Synapse it totals to around $5USD. 

To incentivise users to purchase their native token SYN, Synapse offers 0% slippage and a small 1 SYN transaction fee to bridge between networks. We recommend using SYN as the bridging token for the low fees and 0% slippage. You can easily purchase SYN on various DEXs such as SushiSwap or Trader Joe (on Avalanche).

‍

Final Thoughts

In conclusion, to effectively bridge between Binance and Fantom, it is crucial to use a trustworthy multi-chain DEX like Synapse, which unites different EVM-compatible layer 1 blockchains. Synapse provides an efficient, low-cost, and fast solution for transferring assets like BNB, BUSD, USDC, USDT, and nUSD between these ecosystems. By utilizing Synapse, users can benefit from 0% slippage and minimal bridging fees, making it the top choice for bridging Binance Smart Chain to the Fantom Network.