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Did you know that you can bridge tokens from Ethereum, BSC, Arbitrum, Polygon and Avalanche to Fantom via the SpookySwap bridge? If not, then read this guide!
As of writing, the SpookySwap bridge supports moving tokens from Ethereum, BSC, Arbitrum, Avalanche, and Polygon to Fantom and vice versa.
To get started, you will need a Web 3 Wallet of your choice (our preference is MetaMask.), and the specific token used for the gas that you are bridging from (example: Ethereum will require ETH).
The process of bridging, which should not be confused with swapping, involves moving a token between blockchains. Because the transactions for bridging your tokens are executed on 2 chains, this could take anywhere from 10 minutes to several hours depending on congestion/network traffic.
The status of your deposit transactions can be determined by checking the hashes during this process.
1. You need to Select which Network you want for Bridge Direction
Start by selecting the networks you want to bridge. Since the SpookySwap bridge cannot bridge ETH to BSC or BSC to ETH, one of the networks must be Fantom. Let’s say the chain runs from A to B. To chain A, select A, and to chain B, select B.
2. Select the Token to Bridge
By selecting a token in the “Token to Bridge” field, you will be able to bridge that token. Here’s what it will look like:
3. Choose the Amount you want to bridge to the other blockchain
Make sure the amount you’ve entered is within Anyswap’s minimum and maximum support range. Other tokens can be bridged onto Fantom’s network without incurring a fee! Transferring tokens off of the Fantom network will still be subject to a fee.
4. Select “Bridge Token”
After selecting the “bridge token” button, Metamask will ask for confirmation after which two transactions will occur:
It is important to note that you will receive the same token even after it has been bridged
5. Verify your Bridged Token
Check FTMscan’s activity history to see if it has arrived. Connect your wallet to Fantom Opera, and add the following feature to your wallet to view the token you just bridged over:
ETH can be a bit special when trying to bridge over, so we decided to write a separate section to help you bridging ETH tokens to Fantom.
2. You will be reminded to wrap Ethereum if you select wETH as your token.
This means that your ETH tokens on the Ethereum mainnet must be wrapped. Fortunately, this can be done via the SpookySwap bridge.
3. Click the “Wrap” button after entering the amount of ETH to be wrapped and confirm the transaction
4. To bridge your WETH, start from step 2 in the previous section.
Bridging has been made quite easy and simple to use on SpookySwap. We hope that this guide is as straightforward as can be since many people are new at bridging tokens over from one network to another. With a bit of practice, you will understand that the process is not as tedious as one could think.
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