How to bridge Ethereum to Polygon
The best way to bridge from Ethereum (ETH) to Polygon (MATIC) network is through a secure multi-chain DEX that allows you to migrate liquidity to different blockchains. We recommend the Stargate Finance Bridge because they offer safe and fast USDC and USDT transfers from an ETH wallet to a MATIC wallet.
You can get started with this simple guide:
- Step 1: Connect your Metamask or Web3 wallet to Stargate Finance.
- Step 2: Select USDC or USDT as your Token and ETH and MATIC as the two networks.
- Step 3: Input the amount of USDC or USDT you want to transfer.
- Step 4: Execute the transfer and wait 2 minutes for the tokens to arrive on your MATIC wallet.
ETH to MATIC Bridging Fees
The fees to bridge from ETH to MATIC are relatively low when you use the Stargate Finance platform. This because they have over $500 million in liquidity pooled across various networks, making it cheap and efficient to move between chains.
Overall, we estimate the average ETH to MATIC swap fee to total $15 USD, which is half the price of competitors like Synapse Protocol.
For more information on Stargate Finance, you can read our review.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. T
his enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
About MATIC (Polygon Network)
MATIC Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. MATIC network provides scalability solutions without compromising on decentralization or introducing any central points of control. The project supports all Ethereum assets and enables developers to use popular programming languages such as Solidity, Vyper, etc. to interact with the network.
Polygon's (MATIC) Layer 2 solution is the first in a suite of products that will enable real-world applications of blockchain technology at scale. The platform has already seen widespread adoption with some of the most popular Ethereum applications such as Decentraland, MakerDao, and Compound. The network is also being used by a number of high-profile projects in various stages of development, such as Polygon (formerly Matic Network), Chainlink, Gnosis Safe, Centrifuge, Aragon, and many more.