How to Bridge from Arbitrum to Avalanche using CCTP Bridge?
Bridging between different blockchain networks is a crucial step towards achieving interoperability in the DeFi ecosystem. In this article, we’ll explore how to bridge assets from Arbitrum to Avalanche network using CCTP Bridge on Bungee.
What is Bungee?
Bungee is a bridge aggregator with a seamless UX which shows users the most secure and efficient routes to go from on chain to another in a few easy steps. Bungee shows the cheapest, fastest and most secure routes to bridge your assets from one chain to another.
- Bungee does not charge any fees from users and is completely free to use.
- Bungee has been audited by top smart contract auditing firms in the space.
- Bungee never interacts with user funds and is completely safe to use.
- Bungee does not request infinite approvals in your wallet either.
Prerequisites
Before we get started, make sure you have the following:
- A wallet connected to the Arbitrum network
- A small amount of ETH in the wallet to pay for gas fees
Step-by-Step Guide
- Connect to Ethereum network using your wallet provider (e.g. MetaMask)
- Bungee supports all leading wallets such as Metamask, Wallet Connect, Rainbow and Coinbase wallet.
3. Go to the Bungee.exchange website and select “Arbitrum” as from chain and “Avalanche” as to chain from the drop-downs
4. Select the asset you want to bridge (e.g. USDC)
5. Select CCTP Bridge as the preferred route
6. Enter the amount you want to bridge and click on “Review Route”
7. Confirm the transaction on your wallet provider
8. Wait for the transaction to be confirmed on the Arbitrum network
9. Connect to Avalanche network using your wallet provider
10. Track the status of your transactions at https://socketscan.io/
11. Wait for the bridged asset to appear in your Avalanche wallet
That’s it! You have successfully bridged assets from Arbitrum to Avalanche network using CCTP Bridge on Bungee protocol.
To get Gas on the Destination chain & explore the ecosystem: How to get Gas on Avalanche?
About Avalanche
Avalanche is a blockchain platform that aims to address the blockchain trilemma of scalability, security and decentralization thanks to its unique Proof of Stake (PoS) mechanism. Avalanche is an advanced blockchain platform that promises extreme scaling capabilities and fast confirmation times.
About Arbitrum
Arbitrum is a decentralized L2 blockchain that aims to provide high performance and low transaction fees. Arbitrum has the potential to offer significant benefits to developers and users of decentralized applications, particularly in terms of scalability and cost-effectiveness.
Conclusion
Bridging between different blockchain networks can be a complex process, but with the right tools and knowledge, it can be done easily. Bungee provides a user-friendly and secure way to bridge assets between Arbitrum and Avalanche networks.
Happy bridging!