How to Bridge to Blast: A Step-by-Step Guide

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By bridging assets to the Blast blockchain, users are able to move their funds between networks with minimal fees and fast transaction times. No matter if you’re using Blast’s own bridge, or any of the 3rd party solutions, you’re presented with a set of services for Ethereum based tokens, and more. Below we have a complete guide on how to bridge to Blast, what to expect, and best ways to make sure transactions run smoothly.

What is the Blast Blockchain?

Blast is an interesting Layer 2 solution on top of Ethereum that wants faster transactions with less fees. This aims to make all of decentralized finance (DeFi) experiences more fun for users to participate in the yield farming, airdrop opportunities, and simple token swaps without incurring high fees incurred on the Ethereum mainnet. It takes Ethereum’s security advantage while allowing users a more scalable and cheaper solution.

What is Bridging to Blast?

Users with assets on such networks now need to transfer those assets to the Blast network to bridge to Blast. This process uses specific bridges—the Native Blast bridge or third party options—which allow this asset transfer. These bridges tokenize the tokens from Ethereum Arbitrum Binance Smart Chain, and others, effectively allowing them to move to that blockchain.

Methods to Bridge to Blast

Native Blast Bridge: The official bridging solution for transferring tokens from Bitcoin to Blast. This highly secure and interoperable option only offers support for Ethereum-based assets and comes at the cost of exaggerated gas fees, especially during their peak user activity.

To use the native bridge:

Check out the official Blast bridge site.
It will connect your wallet (e.g. MetaMask, Coinbase Wallet).
On the Ethereum network select the tokens you want to transfer (ie. ETH, USDT, USDC) and choose the Ethereum network.
Check in your wallet, determine if the transaction has completed successfully or not.

RhinoFi Bridge: Its compatibility with 15+ blockchains, including Ethereum, Polygon, Arbitrum, and more, makes this third party bridge unique. Ve users can transfer assets to Blast in less than a minute using RhinoFi’s fast transaction speeds. A highly recommended (because fast) solution for those who don’t wish to pay high gas fees on Ethereum.

To bridge using RhinoFi:

Connect your wallet on the RhinoFi website.
You choose what token you want to bridge and which network to bridge it from.
Select Blast as a destination network.
Then, in your wallet, submit and approve the transaction.

How to Save on Gas Fees?

Gas fees are expensive though and can literally be a big cost when bridging assets as it is with Ethereum and when you let the auction function work its magic, it does so a bit too efficiently. But using Layer 2 networks, such as Arbitrum, Avalanche, or Optimism can greatly reduce transaction costs. For instance, gas fees for Ethereum can be as low as $5, as high as $30, while fees for a Layer 2 solution may be a few dollars.

When you have your funds on Blast, you’ll have to pay ETH to pay for the gas, but gas fees are very low (approximately 0.01 Gwei per transaction), which is much cheaper than what you’re going to be paying on Ethereum mainnet.

The Best Bridges for Blast

RhinoFi: RhinoFi is known for its versatility and speed for those bridging to Blast. It backs up over 15 blockchains, and its easy to use interface facilitates a fast and easy bridging process. Moreover, it is strengthened by the support of StarkWare and Consensys, who are well known entities.

Native Blast Bridge: While gas fees are high on this option, which is limited to Ethereum, it is the official bridge and makes sure that Blast network would be fully compatible. For those who are your transferring Ethereum based tokens and are looking for a reliable, if more expensive, option, this is your best choice.

Rango Exchange and Orbiter Finance: This bridges assets across these blockchains, and is very good for normal users who just need to cross assets between a couple of blockchains. Thanks to their user friendly interfaces and fast transfer speeds, such bridges are popular options for Blast users.

Synapse Protocol and Layerswap: These other alternatives offer the ability to use various blockchain networks with the Blast network and send tokens to it, at competing fees and speed.

Future of Blast Blockchain

Now blast has already gained the attention from users and DeFi protocol. It has garnered more than $2 billion in total value locked (TVL) across 400,000 wallets since the mainnet launch. As it continues to hone in on native yield generation and airdrop and rewards opportunities for users, the network is expected to grow even further.

Blast has lower fees and higher scalability and offers to be a strong entrant into the Layer 2 blockchain world. This allows users to use DeFi services easier and in the process be rewarded and contribute to the growth of the network.

Maximising Your Benefits from Bridging to Blast

Use Layer 2 Networks for Lower Fees: You can reduce transaction cost, furthermore, avoid Ethereum’s high gas fees by bridging to Layer 2 networks like Arbitrum or Polygon.

Claim Airdrop Points: Users can accumulate points to be used towards eligibility in airdrop. If you participate early in the Blast ecosystem, you are more likely to receive a lot of rewards.

Conclusion

It also opens up the opportunity to interact with fast and scalable blockchain from their existing assets (bridged to Blast). Users with or without using the native Blast bridge or third party solutions like RhinoFi, Rango Exchange, and Orbiter Finance can enjoy lower transaction fees, as well as faster transfer speeds. But, when deciding on the right bridge, such as gas fees, supported networks and security have to be thought through. Undoubtedly, the Blast network, as it grows, will continue remaining a feasible choice for DeFi loyalists to maximize their trading and yield farming strategy efficiency.

Disclaimer: The content provided reflects the authors personal opinions and is influenced by current market conditions. Conduct thorough research before making any cryptocurrency investments. The author and the publication are not liable for any financial losses you may incur.