Not sure how to move your crypto assets from other blockchains to BNB Chain easily? Let us walk you through the process!
Remember that time when you missed out on the hottest crypto trend because you couldn't move your assets between different chains? It's like watching your dreams slip through your fingers, isn't it?
In this guide, you will learn:
- What you need to bridge to BNB Chain
- How to bridge your assets from Ethereum to BNB Chain, and vice versa.
- How to bridge to BNB Chain using the Binance exchange, Celer cBridge and Stargate
What You Need To Bridge to BNB Chain
You need to have the following in order to be able to bridge to BNB Chain:
Learn where to buy tokens with the new Coin Detail Page.
Learn about opBNB─BNB Chain's L2.
How To Bridge Tokens to BNB Chain
If you want to bridge using the Binance exchange, go to Binance.com. If you have an account, click on Log In in the top right corner:
Enter your account details to log in:
In your dashboard, click on Wallet and then click on Fiat and Spot to access the page with deposits and withdrawals:
In the section for deposits and withdrawals, click on Deposit for the asset you want to deposit:
You can choose the blockchain using which you want to deposit your asset. Copy over the deposit address in your MetaMask wallet and confirm the transaction:
When you have received the deposited asset, head back to the section with deposits and withdrawals and initiate a withdrawal to a different blockchain:
Enter an address you want to withdraw to:
Click on Network to choose the network you want to withdraw to. Unmatched networks are automatically removed:
Choose your withdrawal amount and confirm the withdrawal with your two-factor authentication:
Congratulations! You have successfully bridged assets through the Binance platform. With Binance, you can bridge to the BNB Chain but also to other EVM chains and non-EVM chains. In addition, bridging to the BNB Chain through Binance does not require BNB for gas. However, you do have to pay a small withdrawal fee in the form of the asset you are withdrawing to cover the gas fees.
How To Bridge to BNB Chain Using Celer cBridge
On the Celer cBridge page, choose Connect Your Wallet to connect your hot wallet:
Choose the asset you want to bridge and click on Transfer. You will need some ETH to pay for the gas fees:
Sign the transaction in your MetaMask wallet and you will receive your assets on the BNB Chain. If you want to bridge out of the BNB Chain and back to Ethereum, you simply need to click on the button with the two arrows to swap the direction of the transaction. Please be aware that you need some BNB to pay for gas when you bridge out of the BNB Chain.
How To Bridge to BNB Chain Using Stargate Token Bridge
Stargate Finance also offers a token bridge to transfer tokens from BNB Chain to leading EVM-compatible blockchains.
Here is a step-by-step overview of how to use the Stargate Finance token bridge:
Connect your Web3 wallet (e.g. MetaMask) to Stargate Finance. This allows you to initiate transfers.
Select the token and the network (sender) and input the amount you wish to transfer to (or from) BNB Chain. Make sure you have sufficient balance.
Review the details and confirm the transfer. The tokens will arrive on the destination blockchain shortly.
It's important to note there are network fees associated with bridging tokens.
Conclusion
If you want to bridge to BNB Chain, you have three options:
- Bridge using the Binance exchange: You can conveniently deposit and withdraw assets via Binance to different blockchains, including BNB Chain. This is the simple option.
- Bridge using the Celer cBridge: You can use the trustless cBridge if you prefer not to route through a centralized exchange. In this case, you will need some BNB and ETH to pay for gas fees on Ethereum and BNB Chain.
- Birdge using Stargate Finance: In this case, you will typically enjoy lower fees and less slippage when moving stablecoins between BNB Chain and other networks.
Both options are viable and simple to execute. If you do not mind using a centralized exchange, you should use Binance. If you prefer to keep all your transactions decentralized, you should go for a trustless bridge.
Read also: Connect MetaMask to Binance Smart Chain (BSC)