Summary: Metis and Fantom are two of Ethereums most popular competitors. Some investors prefer using these L2 and L1 Ethereum alternatives for the low fees and fast transactions speeds.
There are many bridging protocols you can use to bridge between these two chains. We recommend using Synapse, they are a DEX that facilitate bridging on their platform. They offer the lowest fees out of any exchange, fast transaction speeds and support multiple networks.
- Bridge from METIS to 20 different networks with USDC, USDT or ETH.
- Lowest fees and tightest slippage on cross-chain swaps.
- Largest and most secure cross-chain DEX.
How to Bridge from Metis to Fantom (FTM)
The best way to bridge your tokens from the Metis network to the Fantom network is by using a DEX like Synapse Protocol that facilitates bridging on their platform. Simply connect your Web3 Wallet to Synapse, they currently support Metamask, Wallet Connect, Coinbase Wallet & Binance Smart Chain Wallet to begin bridging.
You can follow this simple 4 step guide to get started:
- Visit Synapse and connect your Web3 (Metamask) Wallet.
- Select Metis and Fantom as your two blockchains.
- Input the amount of $SYN you wish to bridge.
- Confirm the transaction on Metamask and your funds in will arrive in your wallet within a minute.
What are the Fees to Bridge from METIS to Fantom?
When bridging between two chains, there is a network transaction and a bridging (gas) fee involved. The fees to bridge between these two chains typically come to around $20 - $30USD, but on Synapse it ranges between $1 - $5 USD.
Synapse also offers users the opportunity to bridge between chains with 0% slippage when they transfer their native token, SYN. If you wish to use SYN, you can purchase the token on various DEXs such as SushiSwap or Trader Joe (on Avalanche).
What Tokens can I Bridge?
Synapse currently supports USDC, USDT, WETH, WBTC, DAI and SYN bridging between both METIS and Fantom. That said, the protocol gives users incentives for using the Synapse native token (SYN) to bridge between networks, which makes it the cheapest option.
Final Thoughts
In conclusion, bridging from Metis to Fantom can be done easily and efficiently through the use of Synapse Protocol. With its low fees, fast transaction speeds, and support for multiple tokens, it is the preferred choice for bridging between these two popular Ethereum alternatives. By connecting your Web3 Wallet and following the simple 4-step process, you can easily transfer your tokens from one network to another.
By using SYN as the medium of exchange, you can enjoy even lower fees and zero slippage. Whether you're a seasoned crypto user or just starting out, Synapse offers a user-friendly and cost-effective solution for bridging between Metis and Fantom.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
