Through the Metis Bridge, users can transfer tokens from the Ethereum network to the Metis Andromeda network.
Before following this guide, check the quick guide to bridge to metis network:
- Connect the Synapse App to your MetaMask wallet.
- Choose the origin chain (the network where the tokens you want to transfer from are located) and select METIS as your destination chain.
- Choose the amount and the token you want to bridge to METIS.
- After reviewing the transaction, choose “Bridge your funds” to send tokens to METIS.
Where Can I Bridge Ethereum to METIS?
The best way to connect to the METIS ecosystem is to connect ETH or stablecoins using an interoperability protocol like AnySwap, Multichain, or Synapse Protocol. These tools enable you to connect web3 wallets that support the METIS chain to stables like USDC, USDT, or DAI.
With billions of dollars transferred every day, Synapse Protocol is the most reliable and significant bridging application. The biggest cryptocurrency teams, including Alameda, Jump Crypto, and others, support them.
How to Bridge ETH to METIS
Use the straightforward instructions below to move your assets using the Synapse Protocol from ETH to METIS.
- Connect the Synapse Protocol app to your wallet.
- Choose your destination network as METIS and your home network as ETH.
- Enter the number of ETH or stablecoins you wish to send.
- Confirm and accept the transaction.
- Within two minutes, your stablecoins will be available on METIS.
ETH to METIS Bridging Fees
It is slightly more expensive to bridge from the METIS network to the Ethereum network than the other way around. This is so because Layer 2 systems like METIS and Ethereum have much higher transaction costs.
Your overall outlay for gas fees to transfer your assets from Ethereum to METIS will probably be $80 USD.
How to Swap ETH for METIS on Netswap
You must go to a DEX like Netswap if you want to exchange ETH for METIS in order to hold METIS tokens on the network. Your ETH tokens or stablecoins can be exchanged for METIS and other tokens that are offered on the network. They charge less than 5 cents per trade in fees.
Is Synapse Safe to Bridge to METIS?
With more than $5 billion in assets bridged across their network, Synapse is one of the most well-known and widely used protocols in decentralized finance. They have a solid security history and have never been compromised. Additionally, all Synapse bridges are non-custodial, which means that your money is never kept on their platform and is always in your control.
Read More: Custodial vs Non-Custodial Wallets – Difference & Which One to Choose
About METIS
An open-source cross-chain protocol called METIS makes it possible to transfer value and assets between blockchains without a central authority. It is supported by a cutting-edge DeFi ecosystem, which has a liquidity pool, staking system, and tokenomic model that encourages participation and expansion.
The METIS Network was introduced on the Ethereum mainnet in January 2022, and since then, it has grown to be one of the most well-liked Layer 2 protocols in the market, with over $1 billion in assets secured in its smart contracts. Please feel free to email our team if you have any questions about bridging to METIS. We are happy to help.
Final Thoughts
It is incredibly easy and quick to bridge your assets from Ethereum to METIS. To bridge ETH or stablecoins in less than 2 minutes, use an interoperability protocol like Synapse Protocol or AnySwap. Visit a DEX such as Netswap if you want to trade your ETH tokens. They are the best option because they have the lowest fees and the least slippage for cross-chain swaps.
