How to Bridge from Cronos to Arbitrum
As mentioned above, the best cross-chain bridge to transfer assets between Cronos and Arbitrum is Synapse. In order to do this, we recommend that you use the Synapse (SYN) token as the way to transfer value between both chains because it provides the lowest fees and tightest slippage. Follow this simple guide to get started:
- Visit Synapse and connect your MetaMask Wallet.
- Select Cronos as your current chain and Arbitrum as your destination chain.
- Select SYN as the token you want to bridge and input the amount of tokens.
- Preview and execute the transaction. Your funds will arrive on Arbitrum in under 5 minutes.
Fees to Bridge between Cronos and Arbitrum
The fees to bridge tokens between Cronos and Arbitrum are very cheap, especially if you use SYN as your bridging token. The average fee to bridge $1,000 between Cronos and Arbitrum is generally under $10, with another $20 on top of that paid on slippage.
Synapse also allows users to staking their SYN tokens to get a gas fee rebate, which can further reduce the costs associated with bridging.
Is Cronos Safe?
It is looking increasingly likely that Cronos and Crypto.com are unsafe platforms to use. This is after the collapse of FTX and the communities request for Crypto.com to show proof of reserves, which they have failed to do. This has led to a lot of users migrating their funds from Cronos and Crypto.com to safer and more decentralized platforms like Synapse.
Bridging between Cronos and Arbitrum can be done quickly and securely with Synapse. The fees are low, the slippage is tight, and the process is very straightforward. Make sure to always use SYN as your bridging token for the lowest possible fees.