Summary: Transferring your digital assets to Fantom couldn't be more straightforward, particularly if you use Stargate Finance. In just a few easy steps, you can smoothly move a range of assets like ETH, USDT, and other tokens. This allows you to take full advantage of what the Fantom Layer 1 network offers, all while using your go-to Web 3.0 wallet, such as MetaMask.
- Supports Fantom, Ethereum, Arbitrum, AVAX, BNB Chain and 10 other networks.
- Deepest liqudiity for cross-chain swaps to Fantom with WETH, USDT, USDC and more.
- Developed and maintained by LayerZero Labs who are market leaders in interoperability solutions.
Can I Bridge to Fantom?
Yes, moving your assets from Ethereum, Arbitrum, BNB Chain, Solana, or other EVM-compatible Layer 2 networks to Fantom is straightforward and secure. Fantom is renowned for its ultra-fast transaction speeds and an ever-growing lineup of DeFi projects like SpookySwap and SpiritSwap. Various bridging protocols facilitate a safe transfer of your assets. These services are fully compatible with your Web 3.0 wallet, enabling you to securely move a wide array of tokens like FTM, DAI, USDC, and WETH directly into the Fantom ecosystem.
How to Bridge to Fantom
Bridging your digital assets to Fantom is a process made easy and secure by Stargate Finance. Known for its competitive fees and ample liquidity, Stargate Finance is a go-to choice for many, and it's fully compatible with major EVM-compatible networks. With billions in assets successfully transferred, it has proven itself as a trustworthy bridge service. It's designed to instantly transfer popular tokens like USDC, USDT, WETH, and DAI.
Here's a simple 4-step guide for a smooth bridging experience:
- Start by navigating the Stargate Finance website and connecting your Web 3.0 wallet.
- After a successful connection, select Fantom as your destination network.
- Choose the asset you'd like to transfer, such as FTM or USDT, and indicate the amount you wish to bridge.
- Lastly, carefully review the transaction details and confirm the transfer.
Fantom Bridging Fees
If you're planning to utilize Stargate Finance for bridging assets to Fantom, it's important to know the fee structure. On average, Stargate charges about 0.1% in slippage and fees for bridges over $1,000. For instance, if you're transferring assets worth 1 FTM, you can expect a fee of 0.001 FTM.
The fees can also fluctuate based on your point of origin. Transfers from Ethereum mainnet usually come with additional gas fees, which can range between $10 to $15. On the other hand, if you're transferring from another EVM-compatible Layer 2 network, you'll find the gas fees are generally negligible, often less than a penny.
Alternative Bridging Protocols
If you plan to transfer your digital assets to the Fantom network, you have several avenues to explore. SpookySwap and Synapse are two well-known options for doing so, but it's worth noting their limitations. Based on our tests, these platforms have significantly less liquidity than other options, leading to higher slippage rates, around 3 to 4 times higher on average.
While these platforms have their merits, including a reputation for reliability and a wide array of supported tokens, the lower liquidity could be a significant factor for users looking for optimal trading conditions. The liquidity of the platform and the potential for higher slippage rates should also play a vital role in your decision-making process.
Transferring your digital assets to the Fantom network is a straightforward and secure process, especially when you opt for a reliable bridge like Stargate Finance. Whether you're transitioning from Ethereum's mainnet or another Layer 2, Stargate offers an efficient and cost-effective solution. In our tests, Stargate charged an average of 0.1% in slippage and fees on bridges over $1,000, setting it apart from competitors like SpookSwap and Synapse which had higher slippage rates.