Guide to cheap USDC bridging to Polygon using AscendEX
Polygon is making waves right now in DeFi, as more protocols continue to launch on Etheruem’s popular Layer 2 blockchain with cheaper fees and faster transactions.
However, despite the many bridges available such as the Zapper Bridge and official Matic Bridge, many users still find it expensive to bridge assets to Polygon, considering the high gas fees on Ethereum.
In this guide, we will walk through a cheaper method you can use to bridge USDC onto Polygon using AscendEX.
Why AscendEX
AscendEX is a cryptocurrency exchange and derivative trading platform formerly known as BitMEX.
AscendEX has the ability to withdraw USDC out of its exchange directly onto Polygon Network at low fees, which is key to getting assets into Polygon cheaply.
Sign up for an account with AscendEX
The first step is to sign up for an account with them.
Transfer USDC in…
Once you have signed up for an account, you can start by transferring USDC from another exchange or your Ethereum wallet into AscendEX.
Head over to My Asset > Total Asset > Deposit