Summary: The easiest way to bridge between Ethereum and Fantom is through a trusted multi-chain bridge. With this method, you can transfer tokens like ETH, USDC, USDT and others seamlessly between chains.
For users looking to get started quickly, we recommend using Synapse as they are the safest, fastest and most affordable bridge.
- Fastest and most trusted Ethereum to Fantom cross-chain DEX.
- Lowest fees and slippage for cross-chain swaps (WETH, FTM, USDT, DAI & USDC).
- Synapse's ETH and FTM bridge has the most trading volume in DeFi.
How to Bridge Ethereum to Fantom
The best way to bridge your tokens from Ethereum to Fantom is through a multi-chain DEX like Synapse Protocol. When bridging through their protocol, you can send USDC, USDT, DAI & SYN from Ethereum but you can only receive USDC or SYN on Fantom. In the below guide we will use SYN as an example as it is Synapse's native token and when bridging this token on their platform, they offer 0% slippage and a competitively low 1 SYN transaction fee.
Follow this simple guide to get started:
- Visit the Synapse Protocol and connect your Metamask Wallet.
- Select the bridge tab and Ethereum & Fantom as your two networks.
- Select the token you want to bridge and the amount.
- Confirm the transaction and your tokens will arrive cross-chain in under a minute.
ETH to FTM Bridging Fees
When bridging between networks like ETH to FTM, two types of fees are usually involved - Transaction and bridging (gas) fees. Bridging from Ethereum usually costs around $50USD. However, using Synapse and its native token SYN reduces the cost to about $20USD due to 0% slippage and a transaction fee of only 1 SYN ($0.2 USD). The primary cost here is Ethereum's gas fee, which is typically around $20USD. Once funds are bridged to Fantom, transaction costs drop significantly, generally 4x less than Ethereum's gas fees.
Is Synapse Safe?
Yes, out of all the bridging protocols, Synapse is the only one that provides 24/7 Live Support. You can reach them on Twitter, Telegram and Discord. We recommend going through their docs before reaching out to their support team as they have a pretty extensive FAQ section.
Final Thoughts
In conclusion, Synapse Protocol offers a reliable, fast, and affordable solution for bridging tokens like ETH, USDC, and USDT from Ethereum to Fantom. Its unique feature of providing 0% slippage and low transaction fees make it a preferable choice. Remember, while the initial cost for bridging from Ethereum is around $20USD, the subsequent transaction costs on Fantom are significantly lower. Synapse's trustworthiness is further reinforced by its 24/7 live support, making it an excellent choice for seamless cross-chain transfers.
Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.
