DeFi

How to Bridge From Avalanche C-Chain to Fantom Opera

Summary: To bridge cryptocurrencies from Avalanche to Fantom you need to use a bridging protocol. In this guide, we show users how to bridge their tokens across chains using Synapse, a multi-chain DEX (decentralised exchange).

By 
James O'Connell
 on  
May 28, 2022
Verified Author

Synapse is the best Dapp (decentralised application) for bridging due to its competitively low fees and fast bridging transaction time. It is the most popular bridging protocol and has the largest bridging volume out of any crypto exchange. 

The total bridging process to get your funds from the Avalanche C-Chain to the Fantom Opera network will take 2 minutes.

Synapse Analytics

Table of Contents

How to Bridge Crypto from Avalanche to Fantom 

The fastest and most affordable way to bridge your cryptocurrencies from Avalanche to Fantom is via Synapse, a multi-chain DEX that facilitates bridging. You can bridge between 15 networks on Synapse protocol. In this example, we use SYN as the bridging token, but you can also send USDT, DAI, USDC, gOHM, nUSD, ETH & nUSD. Follow the steps to get started.

Step One: Visit Synapse and connect your Metamask Wallet
Step Two:
Select Avalanche and Fantom as your two networks
Step Three:
Input the amount of SYN you want to bridge
Step Four:
Confirm the transactions and your funds will arrive in your wallet within a minute

Avalanche to Fantom Bridge - Synapse
Bridge Avalanche to Fantom - Synapse

Fantom Opera RPC Details

To add the Fantom Opera network to your Metamask wallet simply click ‘Networks’ on Metamask and select ‘Add Network’, then fill in the below details.

How to Stake on Fantom Opera through Synapse

Not only can you bridge from Avalanche to Fantom through Synapse but you can also stake on the Fantom and Avalanche networks. Earn up to 9.56% APY (Annual Percentage Yield) when staking your cryptocurrencies on Synapse. Follow the below steps to get started.

Step One: Go to the ‘Pools’ tab and select the pool you want to invest in

Fantom Pools on Synapse

Step Two: Input the amount you wish to invest and press ‘Deposit’. We recommend depositing one of the underlying assets to receive positive slippage. You can see how much of each token has been deposited in the pool by referring to the ‘Currency Reserves’

Fantom 3Pool on Synapse

Bridging Fees: Avalanche to Fantom

When bridging between any networks there are typically two fees involved, the bridging fee and the network transaction fee. The bridging fee is the gas/transaction fee you may on Metamask once you have approved your funds to bridge. The network transaction fee is automatically deducted from the amount you are quoted before you bridge. 

The total cost to bridge from Avalanche to Fantom using Synapse will come to around $5USD. On most bridging protocols the price will generally range between $10 - $15USD.

Avalanche to Fantom Bridge

Author Bio

James O'Connell has been writing about traditional markets for over 5 years. He pivoted to writing about digital assets after learning about lending protocols like AAVE and Compound.

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